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Block - SQ Stock Forecast, Price & News

$54.14
-2.13 (-3.79%)
(As of 09/26/2022 05:07 PM ET)
Add
Compare
Today's Range
$54.13
$57.74
50-Day Range
$55.93
$89.70
52-Week Range
$54.13
$270.16
Volume
12.39 million shs
Average Volume
18.11 million shs
Market Capitalization
$31.40 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$135.76

Block MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
146.7% Upside
$135.76 Price Target
Short Interest
Healthy
4.47% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.59mentions of Block in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$25.72 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.72) to $0.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Business Services Sector

69th out of 327 stocks

Prepackaged Software Industry

44th out of 226 stocks

SQ stock logo

About Block (NYSE:SQ) Stock

Square, Inc. provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions. The company also provides Square Point of Sale software; Cash App, which provides access to the financial system, allowing customers to electronically send, store, and spend money; Caviar, a food ordering platform for restaurants to offer food ordering, pickup and delivery, to their customers; and Square Capital that facilitates loans to sellers based on real-time payment and point-of-sale data. Square, Inc. was founded in 2009 and is headquartered in San Francisco, California.

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SQ Stock News Headlines

Brokerages Set Block, Inc. (NYSE:SQ) Price Target at $143.02
This Is What Whales Are Betting On Block
Block Whale Trades Spotted
SQ Stock Falls as Bitcoin Weighs on Block
Block to Hold Virtual 2022 Investor Day
See More Headlines
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SQ Company Calendar

Last Earnings
8/04/2022
Today
9/26/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
8,521
Year Founded
2009

Price Target and Rating

Average Stock Price Forecast
$135.76
High Stock Price Forecast
$310.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+150.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
40 Analysts

Profitability

Net Income
$166.28 million
Pretax Margin
-3.03%

Debt

Sales & Book Value

Annual Sales
$17.66 billion
Cash Flow
$0.87 per share
Book Value
$7.13 per share

Miscellaneous

Free Float
513,235,000
Market Cap
$31.40 billion
Optionable
Optionable
Beta
2.45

Social Links


Key Executives

  • Mr. Jack  DorseyMr. Jack Dorsey (Age 41)
    Chairman, Pres & CEO
  • Mr. James Morgan McKelvey Jr.Mr. James Morgan McKelvey Jr. (Age 53)
    Co-Founder
  • Ms. Sarah  FriarMs. Sarah Friar (Age 45)
    Chief Financial Officer
  • Ms. Hillary B. Smith (Age 51)
    Gen. Counsel and Corp. Sec.
  • Ms. Alyssa  HenryMs. Alyssa Henry (Age 48)
    Seller Lead













SQ Stock - Frequently Asked Questions

Should I buy or sell Block stock right now?

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Block in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 32 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SQ shares.
View SQ analyst ratings
or view top-rated stocks.

What is Block's stock price forecast for 2022?

40 analysts have issued 12-month price objectives for Block's stock. Their SQ share price forecasts range from $55.00 to $310.00. On average, they predict the company's share price to reach $135.76 in the next twelve months. This suggests a possible upside of 144.7% from the stock's current price.
View analysts price targets for SQ
or view top-rated stocks among Wall Street analysts.

How have SQ shares performed in 2022?

Block's stock was trading at $161.51 at the beginning of 2022. Since then, SQ shares have decreased by 65.6% and is now trading at $55.48.
View the best growth stocks for 2022 here
.

When is Block's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our SQ earnings forecast
.

How were Block's earnings last quarter?

Block, Inc. (NYSE:SQ) issued its quarterly earnings results on Thursday, August, 4th. The technology company reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.01. The technology company earned $4.41 billion during the quarter, compared to analyst estimates of $4.33 billion. Block had a negative trailing twelve-month return on equity of 2.52% and a negative net margin of 3.00%. Block's revenue was down 5.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.38 earnings per share.

What is Jack Dorsey's approval rating as Block's CEO?

436 employees have rated Block Chief Executive Officer Jack Dorsey on Glassdoor.com. Jack Dorsey has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Block own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Block investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Advanced Micro Devices (AMD), PayPal (PYPL), Netflix (NFLX), Micron Technology (MU), Salesforce (CRM), Walt Disney (DIS) and Shopify (SHOP).

When did Block IPO?

(SQ) raised $324 million in an initial public offering on Thursday, November 19th 2015. The company issued 27,000,000 shares at $11.00-$13.00 per share. Goldman Sachs, Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and Barclays, Deutsche Bank Securities, Jefferies, RBC Capital Markets, Stifel, LOYAL3 Securities and SMBC Nikko were co-managers.

What is Block's stock symbol?

Block trades on the New York Stock Exchange (NYSE) under the ticker symbol "SQ."

Who are Block's major shareholders?

Block's stock is owned by a variety of institutional and retail investors. Top institutional investors include Sands Capital Management LLC (2.84%), Price T Rowe Associates Inc. MD (2.19%), Loomis Sayles & Co. L P (1.24%), Bares Capital Management Inc. (1.14%), Citadel Advisors LLC (0.00%) and UBS Group AG (0.00%). Insiders that own company stock include Ajmere Dale, Alyssa Henry, Amrita Ahuja, Brian Grassadonia, David A Viniar, Ernest C Garcia II, Jack Dorsey, Jacqueline D Reses, James Morgan Jr Mckelvey, Mary G Meeker, Mohan Maheswaran, Paul Deighton and Sivan Whiteley.
View institutional ownership trends
.

How do I buy shares of Block?

Shares of SQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Block's stock price today?

One share of SQ stock can currently be purchased for approximately $55.48.

How much money does Block make?

Block (NYSE:SQ) has a market capitalization of $32.18 billion and generates $17.66 billion in revenue each year. The technology company earns $166.28 million in net income (profit) each year or ($0.91) on an earnings per share basis.

How many employees does Block have?

The company employs 8,521 workers across the globe.

How can I contact Block?

Block's mailing address is 1455 MARKET STREET SUITE 600, SAN FRANCISCO CA, 94103. The official website for the company is www.squareup.com. The technology company can be reached via phone at 415-375-3176 or via email at ir@squareup.com.

This page (NYSE:SQ) was last updated on 9/26/2022 by MarketBeat.com Staff

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