Block, Inc. with ticker code (SQ) now have 41 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $110.00 and $40.00 with the average share target price sitting at $89.05. (at the time of writing). Given that the stocks previous close was at $81.53 this indicates there is a potential upside of 9.2%. It’s also worth noting that there is a 50 day moving average of $70.03 and the 200 moving average now moves to $62.41. The market capitalization for the company is 50.31B. The current share price for the company is: $81.71 USD
The potential market cap would be $54,948,505,250 based on the market consensus.
The company has a dividend yield of 2.42%. Other points of data to note are a P/E ratio of 4085.5, revenue per share of $36.00 and a -0.28% 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.