Block, Inc. 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 $100.00 and $40.00 with the average target price sitting at $87.12. Given that the stocks previous close was at $66.64 this would indicate that there is a potential upside of 30.7%. It’s also worth noting that there is a 50 day moving average of $64.04 while the 200 day moving average is $68.87. The total market capitalization for the company now stands at 40.35B. The price for the stock stands currently at: $65.55 USD
The potential market cap would be $52,753,681,188 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 60.69, revenue per share of $38.21 and a 1.13% 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.
