Block, Inc. – Consensus ‘buy’ rating and 12.3% Upside Potential

Broker Ratings
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Block, Inc. which can be found using ticker (SQ) have now 40 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $110.00 and $40.00 suggesting an average Analsyt target price of $89.88. Given that the stocks previous close was at $80.06 this indicates there is a potential upside of 12.3%. There is a 50 day moving average of $75.93 and the 200 moving average now moves to $64.29. The total market capitalization for the company now stands at 47.40B. The stock price for Apple Inc. is $76.99 USD

The potential market cap would be $53,216,460,577 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 3849.5, revenue per share of $36.00 and a -0.15% 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.

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