Block/SQ

$66.07

-0.41%
-
1D1W1MYTD1YMAX

About Block

Block, Inc. is focused on creating ecosystems for distinct customer audiences. The Company operates through two segments: Square and Cash App. Square segment includes managed payment services, software solutions, hardware, and financial services offered to sellers, excluding those that involve Cash App. Square is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses, including enabling sellers to accept card payments, provide reporting and analytics, and facilitating next-day settlement. Cash App segment includes the financial tools available to individuals within the mobile Cash App, including peer-to-peer payments, bitcoin and stock investments. Cash App also includes Cash App Card, which is linked to customer stored balances that customers can use to pay for purchases or withdraw funds from an ATM. Cash App also includes the BNPL platform. Its bitcoin ecosystem includes TBD, which is an open developer platform.

Ticker

SQ

Sector

Industrials

Trading on

NYSE

Industry

Consumer Financial Services

CEO

Jack Dorsey

Employees

12,985

Headquarters

Oakland, United States

Block Metrics

BasicAdvanced
$41B
Market cap
86.01
P/E ratio
$0.77
EPS
2.53
Beta
-
Dividend rate
$41B
2.53247
$87.52
$38.85
8.8M
1.643
1.633
16.475
21.732
52.967
1.4%
2.74%
2.05%
86.006
1.789
2.158
7.341
282.192
23.28%
285.88%
32.14%
-66.98%

What the Analysts think about Block

Analyst Ratings

Majority rating from 47 analysts.
Buy

Price Targets

Average projection from 40 analysts.
38.46% upside
High $106.00
Low $40.00
$66.07
Current price
$91.48
Average price target

Block Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
7.92% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$6B
3.19%
Net income
$472M
165.17%
Profit margin
7.92%
157.14%

Block Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 18.44%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.39
$0.55
$0.45
$0.85
-
Expected
$0.36
$0.47
$0.59
$0.72
$0.87
Surprise
8.08%
17.88%
-23.57%
18.44%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Block stock?

Block (SQ) has a market cap of $41B as of May 28, 2024.

What is the P/E ratio for Block stock?

The price to earnings (P/E) ratio for Block (SQ) stock is 86.01 as of May 28, 2024.

Does Block stock pay dividends?

No, Block (SQ) stock does not pay dividends to its shareholders as of May 28, 2024.

When is the next Block dividend payment date?

Block (SQ) stock does not pay dividends to its shareholders.

What is the beta indicator for Block?

Block (SQ) has a beta rating of 2.53. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Block stock price target?

The target price for Block (SQ) stock is $91.48, which is 38.46% above the current price of $66.07. This is an average based on projections from 40 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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