Block (SQ) Stock Forecast & Price Target

$64.89

-0.11 (-0.17%)

(As of 12/5/2023 ET)

Today's Range: $63.38
▼
$64.94
50-Day Range: $39.22
▼
$65.06
52-Week Range: $38.85
▼
$89.97

Volume: 8.59 million shs
Average Volume: 12.58 million shs
Market Capitalization: $39.85 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $75.07

Block Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 30 Analyst Ratings

Analysts' Consensus Price Target

$75.13
15.79% Upside

High Forecast	$100.00
Average Forecast	$75.13
Low Forecast	$45.00

Type	Current Forecast 12/5/22 to 12/5/23	1 Month Ago 11/5/22 to 11/5/23	3 Months Ago 9/6/22 to 9/6/23	1 Year Ago 12/5/21 to 12/5/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	22 Buy rating(s)	22 Buy rating(s)	20 Buy rating(s)	30 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$75.13	$77.75	$86.32	$112.26
Predicted Upside	15.79% Upside	35.96% Upside	32.43% Upside	43.41% Upside

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SQ Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SQ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Block Stock vs. The Competition

Type	Block	Business Services Companies	S&P 500
Consensus Rating Score	2.73	2.58	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	16.43% Upside	634.17% Upside	4,581.55% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/5/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$93.00 ➝ $84.00	+31.37%
12/5/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$95.00 ➝ $100.00	+53.70%
11/6/2023	CLSA Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Outperform	$57.00	+17.09%
11/3/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$77.00 ➝ $67.00	+37.63%
11/3/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$90.00 ➝ $77.00	+56.98%
11/3/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$110.00 ➝ $95.00	+91.30%
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11/3/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$90.00 ➝ $80.00	+81.86%
10/31/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$45.00	+14.74%
10/18/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$85.00 ➝ $60.00	+30.72%
10/17/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$85.00 ➝ $70.00	+51.32%
10/13/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$46.00	+1.21%
10/6/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$59.00	+38.38%
10/4/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$90.00 ➝ $65.00	+55.09%
10/2/2023	Monness Crespi & Hardt Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$70.00	+58.19%
9/19/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Katri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$70.00	+36.59%
9/11/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$75.00	+39.04%
9/11/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$92.00 ➝ $72.00	+34.48%
9/6/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$102.00 ➝ $65.00	+10.64%
8/22/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$96.00 ➝ $75.00	+30.32%
8/7/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$85.00 ➝ $90.00	+41.69%
8/4/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$70.00 ➝ $69.00	+8.05%
8/4/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$100.00	+53.61%
8/4/2023	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$80.00 ➝ $82.00	+11.49%
8/4/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$90.00 ➝ $80.00	+8.77%
7/28/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Outperform	$95.00	+25.38%
7/24/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$80.00 ➝ $90.00	+19.82%
6/5/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$90.00 ➝ $85.00	+33.94%
5/10/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$96.00 ➝ $86.00	+47.46%
4/9/2023	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$90.00 ➝ $75.00	+10.13%
3/24/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$95.00 ➝ $70.00	+13.12%
1/25/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:48 PM ET.

SQ Price Target - Frequently Asked Questions

What is Block's consensus rating and price target?: According to the issued ratings of 30 analysts in the last year, the consensus rating for Block stock is Moderate Buy based on the current 8 hold ratings and 22 buy ratings for SQ. The average twelve-month price prediction for Block is $75.13 with a high price target of $100.00 and a low price target of $45.00. Learn more on SQ's analyst rating history.
Do Wall Street analysts like Block more than its competitors?: Analysts like Block more than other Business Services companies. The consensus rating score for Block is 2.73 while the average consensus rating score for business services companies is 2.59. Learn more on how SQ compares to other companies.
Is Block being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Block's stock had 1 upgrade and 1 downgrade by analysts.

Does Block's stock price have much upside?: According to analysts, Block's stock has a predicted upside of 32.87% based on their 12-month stock forecasts.
What analysts cover Block?: Block has been rated by Barclays, Berenberg Bank, BMO Capital Markets, Canaccord Genuity Group, Citigroup, CLSA, HSBC, KeyCorp, Monness Crespi & Hardt, Piper Sandler, Robert W. Baird, Royal Bank of Canada, TD Cowen, The Goldman Sachs Group, Truist Financial, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:SQ) was last updated on 12/5/2023 by MarketBeat.com Staff

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