Block found using ticker (SQ) now have 44 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 310 and 70 with the average target price sitting at 147.09. With the stocks previous close at 87.44 this indicates there is a potential upside of 68.2%. There is a 50 day moving average of 105.37 and the 200 moving average now moves to 167.81. The market capitalisation for the company is $48,240m. Find out more information at: https://www.block.xyz
The potential market cap would be $81,148m based on the market concensus.
Block, together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments. The company also offers various software products, including Square Point of Sale; Square Appointments; Square for Retail; Square for Restaurants; Square Online and Square Online Checkout; Square Invoices; Square Virtual Terminal; Square Team Management; Square Contracts; Square Loyalty, Marketing, and Gift Cards; and Square Dashboard. In addition, it offers a developer platform, which includes application programming interfaces and software development kits. Further, the company provides Cash App, which enables to send, spend, and store money; and Weebly that offers customers website hosting and domain name registration solutions. It serves in the United States, Canada, Japan, Australia, Ireland, France, Spain, and the United Kingdom. The company was formerly known as Square and changed its name to Block in December 2021. Block was incorporated in 2009 and is based in San Francisco, California.
