Block, Inc. which can be found using ticker (SQ) now have 40 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 $91.13. (at the time of writing). Given that the stocks previous close was at $73.20 this would indicate that there is a potential upside of 24.5%. It’s also worth noting that there is a 50 day moving average of $76.95 and the 200 moving average now moves to $64.29. The market capitalization for the company is 44.00B. The stock price is currently at: $71.31 USD
The potential market cap would be $54,779,082,073 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 118.85, revenue per share of $37.37 and a 0.33% 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.
