Block, Inc. (SQ)
NYSE: SQ · IEX Real-Time Price · USD
64.08
-0.94 (-1.45%)
At close: May 31, 2024, 4:02 PM
64.28
+0.20 (0.31%)
After-hours: May 31, 2024, 7:59 PM EDT
Block Stock Forecast
Stock Price Forecast
The 33 analysts with 12-month price forecasts for Block stock have an average target of 87.67, with a low estimate of 46 and a high estimate of 106. The average target predicts an increase of 36.81% from the current stock price of 64.08.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Block stock from 35 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 10 | 11 | 11 | 11 | 11 |
| Buy | 16 | 17 | 19 | 19 | 20 | 16 |
| Hold | 11 | 10 | 8 | 8 | 6 | 7 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 36 | 37 | 38 | 38 | 38 | 35 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $86 → $90 | Strong Buy | Maintains | $86 → $90 | +40.45% | May 6, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $95 | Strong Buy | Maintains | $95 | +48.25% | May 3, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $90 → $92 | Strong Buy | Maintains | $90 → $92 | +43.57% | May 3, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $99 | Strong Buy | Reiterates | $99 | +54.49% | May 3, 2024 |
| Wedbush | Wedbush | Buy Reiterates $90 | Buy | Reiterates | $90 | +40.45% | May 3, 2024 |
Financial Forecast
Revenue This Year
25.90B
from 21.92B
Increased by 18.16%
Revenue Next Year
28.90B
from 25.90B
Increased by 11.58%
EPS This Year
3.58
from 0.02
Increased by 17,795.94%
EPS Next Year
4.59
from 3.58
Increased by 28.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.8B | 32.3B | 36.2B | 36.7B | 41.2B |
| Avg | 25.9B | 28.9B | 31.6B | 35.8B | 40.4B |
| Low | 23.5B | 25.1B | 26.9B | 33.9B | 38.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.2% | 24.9% | 25.3% | 16.1% | 15.0% |
| Avg | 18.2% | 11.6% | 9.4% | 13.2% | 12.8% |
| Low | 7.2% | -3.0% | -7.0% | 7.1% | 7.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.53 | 7.05 | 9.16 | 7.19 | 7.40 |
| Avg | 3.58 | 4.59 | 5.90 | 6.62 | 7.26 |
| Low | 2.22 | 2.37 | 3.19 | 5.98 | 6.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27,546.5% | 96.9% | 99.5% | 21.9% | 11.8% |
| Avg | 17,795.9% | 28.3% | 28.5% | 12.2% | 9.7% |
| Low | 11,023.0% | -33.7% | -30.6% | 1.3% | 4.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.