NYSE:SQSquare Stock Price, Forecast & News

Square's stock was trading at $62.44 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SQ stock has increased by 81.6% and is now trading at $113.39. View which stocks have been most impacted by Coronavirus.

40 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 18 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) released its quarterly earnings data on Wednesday, May, 6th. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.15. The technology company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.30 billion. Square had a net margin of 5.99% and a return on equity of 0.44%. The company's revenue was up 44.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.06) earnings per share. View Square's earnings history.

40 analysts have issued 12-month price targets for Square's stock. Their forecasts range from $37.00 to $125.00. On average, they expect Square's stock price to reach $75.64 in the next twelve months. This suggests that the stock has a possible downside of 33.3%. View analysts' price targets for Square.

Headlines about SQ stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Square earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news about Square.

Some companies that are related to Square include salesforce.com (CRM), Oracle (ORCL), SAP (SAP), Shopify (SHOP), Intuit (INTU), ServiceNow (NOW), VMware (VMW), Activision Blizzard (ATVI), Uber Technologies (UBER), Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU) and Twilio (TWLO). 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 $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.

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

Square's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Red Spruce Capital LLC (0.00%) and M&R Capital Management Inc. (0.00%). 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 bought by a variety of institutional investors in the last quarter, including M&R Capital Management Inc., and Red Spruce Capital LLC. 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 $113.39.

Square has a market capitalization of $49.82 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]