Block, Inc. which can be found using ticker (SQ) now have 41 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $106.00 and $40.00 suggesting an average analyst share price target price of $88.38. (at the time of writing). Given that the stocks previous close was at $59.90 and the analysts are correct then we can expect a percentage increase in value of 47.5%. Also worth taking note is the 50 day moving average now sits at $64.68 and the 200 moving average now moves to $67.29. The company has a market capitalization of 37.17B. The current share price for the company is: $60.38 USD
The potential market cap would be $54,846,718,591 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 55.91, revenue per share of $38.21 and a 1.12% 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.
