Block, Inc. – Consensus ‘buy’ rating and 23.2% Upside Potential

Broker Ratings
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Block, Inc. which can be found using ticker (SQ) have now 39 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 $100.00 and $40.00 with the average target price sitting at $79.42. Now with the previous closing price of $64.47 this would imply there is now a potential upside of 23.2%. It’s also worth noting that there is a 50 day moving average of $66.03 and the 200 moving average now moves to $60.73. The company has a market capitalization of 40.44B. The stock price for Apple Inc. is $65.85 USD

The potential market cap would be $49,815,227,527 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 $34.38 and a -0.69% 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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