Block, Inc. with ticker code (SQ) have now 41 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $110.00 and $40.00 with the average target price sitting at $88.80. Given that the stocks previous close was at $79.47 this would imply there is now a potential upside of 11.7%. Also worth taking note is the 50 day moving average now sits at $69.96 while the 200 day moving average is $61.75. The company has a market capitalization of 48.79B. The stock price for the company is currently is currently $79.25 USD
The potential market cap would be $54,522,182,752 based on the market consensus.
The company has a dividend yield of 2.42%. Other points of data to note are a P/E ratio of 3962.5, revenue per share of $36.00 and a -0.28% return on assets.
Block, Inc. 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.
