Block
SQ

$60.18

2.39%

Market Cap: 37.1B

About: Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2023, Square's payment volume was a little over $200 million.

Employees: 12,985

Information Technology Prepackaged Software

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 36 analysts

0

News positive %

of 92 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

18% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 131

13% more repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 314

7% more capital invested

Capital invested by funds: $29.7B [Q4 2023] → $31.8B (+$2.14B) [Q1 2024]

3% more funds holding in top 10

Funds holding in top 10: 34 [Q4 2023] → 35 (+1) [Q1 2024]

2% more funds holding

Funds holding: 997 [Q4 2023] → 1,021 (+24) [Q1 2024]

1% less call options, than puts

Call options by funds: $2.43B | Put options by funds: $2.46B

1.45% less ownership

Funds ownership: 69.31% [Q4 2023] → 67.85% (-1.45%) [Q1 2024]

See Fund Rankings

Research analyst outlook

36 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$60

0%

upside

Avg. target

$91

52%

upside

High target

$106

76%

upside

36 analyst ratings

31 positive

86%

4 neutral

11%

1 negative

3%

Macquarie Paul Golding	66%upside $100	Outperform Maintained	26 Jul 2024
Deutsche Bank Bryan Keane	63%upside $98	Buy Maintained	12 Jul 2024
Keefe, Bruyette & Woods Vasundhara Govil	23%upside $74	Market Perform Maintained	8 Jul 2024
Susquehanna James Friedman	66%upside $100	Positive Maintained	26 Jun 2024
Goldman Sachs Will Nance	33%upside $80	Buy Assumed	24 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 92 articles about SQ published over the past 30 days

The Schall Law Firm Is Thoroughly Investigating Block Inc For Potential Violations Of Securities Laws

LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Block, Inc. ("Block" or "the Company") (NYSE:SQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Thoroughly Investigating Block Inc For Potential Violations Of Securities Laws

Square Teams With US Foods as Restaurants Face Digital Opportunities

Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations,” the companies said in a news release Thursday (July 25).

Square Teams With US Foods as Restaurants Face Digital Opportunities

The Schall Law Firm Is Thoroughly Investigating Block Inc For Potential Violations Of Securities Laws

LOS ANGELES, CA / ACCESSWIRE / July 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Block, Inc. ("Block" or "the Company") (NYSE:SQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Thoroughly Investigating Block Inc For Potential Violations Of Securities Laws

Zacks Investment Research

Block (SQ) Earnings Expected to Grow: Should You Buy?

Block (SQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Block (SQ) Earnings Expected to Grow: Should You Buy?

Pay Attention! 3 Ignored Stocks to Buy Right Now

With the markets cooling down and investors rotating out of the “Magnificent 7” to take their profits, it's time to take a look at some stocks that have been ignored as of late. The companies that have seen their stocks soar this year are great businesses.

Pay Attention! 3 Ignored Stocks to Buy Right Now

Market Movers: 3 Stocks With Bullish Analyst Upgrades Last Week

Last week, UBS (NYSE: UBS ) raised its year-end price target for the S&P 500 to 5,900, attributing the increase to a conducive environment for U.S. equities. The Swiss investment bank also introduced a mid-2025 forecast for the index, setting the target at 6,200, signaling confidence in the market's future performance.

Market Movers: 3 Stocks With Bullish Analyst Upgrades Last Week

Britain will soon lay out new plans to regulate 'buy now, pay later' firms like Klarna after delays

A U.K. Treasury department spokesperson said the government will set out plans to regulate "buy now, pay later" plans "shortly." This echoed comments from Tulip Siddiq, the new economic secretary to the U.K. Treasury, to Parliament earlier in the week.

Britain will soon lay out new plans to regulate 'buy now, pay later' firms like Klarna after delays

The Schall Law Firm Is Thoroughly Investigating Block Inc For Potential Violations Of Securities Laws

LOS ANGELES, CA / ACCESSWIRE / July 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Block, Inc. ("Block" or "the Company") (NYSE:SQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Thoroughly Investigating Block Inc For Potential Violations Of Securities Laws

Zacks Investment Research

Here is Why Growth Investors Should Buy Block (SQ) Now

Block (SQ) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here is Why Growth Investors Should Buy Block (SQ) Now

Zacks Investment Research

Wall Street Analysts Believe Block (SQ) Could Rally 30.54%: Here's is How to Trade

The consensus price target hints at a 30.5% upside potential for Block (SQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Block (SQ) Could Rally 30.54%: Here's is How to Trade

See News Rankings