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 range between the high target price and low target price is between 163 and 70 calculating the average target price we see $98.21. Given that the stocks previous close was at $72.65 and the analysts are correct then there would likely be a percentage uptick in value of 35.2%. It’s also worth noting that there is a 50 day moving average of $76.89 and the 200 moving average now moves to $69.03. The market cap for the company is $37,253m. Company Website: https://www.block.xyz
The potential market cap would be $50,360m based on the market consensus.
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. The company provides hardware products, including 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; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Reader for contactless and chip that accepts EMV chip cards and NFC payments, enabling acceptance through Apple Pay, Google Pay, and other mobile wallets; and Square Reader for magstripe, which enables swiped transactions of magnetic-stripe cards by connecting with an iOS or Android smartphone or tablet through the headphone jack or Lightning connector. It also offers various commerce products, including Square for Restaurants; Square Appointments; Square for Retail; Square Point of Sale; Square Online; Square Online Checkout; Square Invoices; Square Virtual Terminal; Risk Manager; Order Manager; Payment application programming interfaces (APIs); and Commerce APIs. In addition, the company provides Cash App, an ecosystem of financial products and services that enables customers to store, send, receive, spend, or invest their money. It serves in the United States, Canada, Japan, Australia, New Zealand, the United Kingdom, Ireland, France, and Spain. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in San Francisco, California.
The company is not paying dividends at this time.
