SQ stock icon

Block
SQ

$64.02
0.08%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 32 analysts
0
News positive %
of 67 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]

Research analyst outlook

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

Low target
$60
6%
downside
Avg. target
$91
42%
upside
High target
$106
66%
upside

32 analyst ratings

28 positive
88%
neutral
9%
negative
3%
Goldman Sachs
Will Nance
25%upside
$80
Buy
Assumed
24 Jun 2024
Citigroup
Peter Christiansen
41%upside
$90
Buy
Maintained
6 May 2024
Canaccord Genuity
Joseph Vafi
48%upside
$95
Buy
Maintained
3 May 2024
TD Cowen
Bryan Bergin
44%upside
$92
Buy
Maintained
3 May 2024
Benchmark
Mark Palmer
55%upside
$99
Buy
Reiterated
3 May 2024

Financial journalist opinion

Based on 67 articles about SQ published over the past 30 days