NYSE:SQSquare Stock Price, Forecast & News

Square's stock was trading at $62.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SQ stock has increased by 44.0% and is now trading at $89.93. View which stocks have been most impacted by Coronavirus.

39 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Square in the last year. There are currently 5 sell ratings, 17 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Square.

Square is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Square.

Square, Inc. (NYSE:SQ) issued its earnings results on Wednesday, May, 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.15. The technology company earned $1.38 billion during the quarter, compared to the consensus estimate of $1.30 billion. Square had a net margin of 5.99% and a return on equity of 0.44%. The firm's revenue for the quarter was up 44.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.06) EPS. View Square's earnings history.

Square updated its first quarter 2020 After-Hours earnings guidance on Tuesday, March, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.3-1.34 billion, compared to the consensus revenue estimate of $638.82 million.

39 analysts have issued twelve-month price targets for Square's shares. Their forecasts range from $37.00 to $105.00. On average, they expect Square's share price to reach $68.53 in the next twelve months. This suggests that the stock has a possible downside of 23.8%. View analysts' price targets for Square.

Press coverage about SQ stock has trended positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Square earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutSquare.

Some companies that are related to Square include Shopify (SHOP), Intuit (INTU), ServiceNow (NOW), Uber Technologies (UBER), VMware (VMW), Activision Blizzard (ATVI), Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Splunk (SPLK), Synopsys (SNPS), Twilio (TWLO), Docusign (DOCU) and Cadence Design Systems (CDNS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Square investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Advanced Micro Devices (AMD), Netflix (NFLX), Paypal (PYPL), Tesla (TSLA), Walt Disney (DIS), salesforce.com (CRM) and Roku (ROKU).

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

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

Square's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital World Investors (2.78%), Sumitomo Mitsui Trust Holdings Inc. (1.97%), Nikko Asset Management Americas Inc. (1.65%), Lone Pine Capital LLC (1.54%), Sands Capital Management LLC (1.31%) and Massachusetts Financial Services Co. MA (1.14%). Company insiders that own Square stock include Ajmere Dale, Alyssa Henry, Brian Grassadonia, Jack Dorsey, Jacqueline D Reses, James Morgan Jr Mckelvey, Mary G Meeker and Sivan Whiteley. View institutional ownership trends for Square.

SQ stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Jennison Associates LLC, Lone Pine Capital LLC, Russell Investments Group Ltd., Korea Investment CORP, Commerzbank Aktiengesellschaft FI, Nuveen Asset Management LLC, and Hamilton Lane Advisors LLC. Company insiders that have sold Square company stock in the last year include Ajmere Dale, Alyssa Henry, Brian Grassadonia, Jacqueline D Reses, and Sivan Whiteley. View insider buying and selling activity for Square.

SQ stock was purchased by a variety of institutional investors in the last quarter, including Sands Capital Management LLC, Massachusetts Financial Services Co. MA, Fisher Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Frontier Capital Management Co. LLC, Lord Abbett & CO. LLC, Nikko Asset Management Americas Inc., and Banco Santander S.A.. View insider buying and selling activity for Square.

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

One share of SQ stock can currently be purchased for approximately $89.93.

Square has a market capitalization of $39.51 billion and generates $4.71 billion in revenue each year. The technology company earns $375.45 million in net income (profit) each year or $0.17 on an earnings per share basis. Square employs 3,835 workers across the globe.

The official website for Square is www.squareup.com.

Square's mailing address is 1455 MARKET STREET SUITE 600, SAN FRANCISCO CA, 94103. The technology company can be reached via phone at 415-375-3176 or via email at [email protected]