Block – Consensus ‘buy’ rating and 47.3% Upside Potential

Broker Ratings
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Block with ticker code (SQ) have now 38 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 110 and 34.98 and has a mean target at $84.91. Given that the stocks previous close was at $57.65 and the analysts are correct then we can expect a percentage increase in value of 47.3%. The 50 day MA is $66.57 and the 200 moving average now moves to $67.59. The company has a market capitalization of 35.49B. The stock price for Apple Inc. is 58.17 USD

The potential market cap would be $52,268,800,344 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 32.8 and a -0.79% return on assets.

Block is focused on creating ecosystems for distinct customer audiences. The Company operates through two segments: Square and Cash App. The Square segment enables businesses (sellers) to accept card payments, which provides products and services to help its sellers start, run, and grow their businesses. It combines software, hardware, and financial services to create products and services that are self-serve. The Cash App segment provides an ecosystem of financial products and services to help consumers manage their money. It provides an ecosystem of financial services focused on helping consumers make their money go further by storing, sending, receiving, spending, or investing their money with Cash App. The Company’s TIDAL is a global platform for musicians and their fans that uses content, experiences, and features to bring fans closer to artists. Its bitcoin ecosystem includes Spiral, an independent team focused on contributing to bitcoin’s open-source work.

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