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Block (SQ) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SQ Stock Forecast

Block stock forecast is as follows: an average price target of $93.75 (represents a 10.28% upside from SQ’s last price of $85.01) and a rating consensus of 'Buy', based on 39 wall street analysts offering a 1-year stock forecast.

SQ Price Target

The average price target for Block (SQ) is $93.75 based on 1-year price targets from 39 Wall Street analysts in the past 3 months, with a price target range of $115.00 to $65.00. This represents a potential 10.28% upside from SQ's last price of $85.01.

SQ Analyst Ratings

Buy

According to 39 Wall Street analysts, Block's rating consensus is 'Buy'. The analyst rating breakdown for SQ stock is 0 'Strong Buy' (0.00%), 29 'Buy' (74.36%), 9 'Hold' (23.08%), 1 'Sell' (2.56%), and 0 'Strong Sell' (0.00%).

Block Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 03, 2025John DavisRaymond James$115.00$91.4025.82%35.28%
Dec 19, 2024Rayna KumarOppenheimer$115.00$94.0422.29%35.28%
Dec 18, 2024James FaucetteMorgan Stanley$65.00$87.30-25.54%-23.54%
Dec 13, 2024Gus GalaMonness$115.00$94.0422.29%35.28%
Dec 05, 2024Lance JessurunBTIG$110.00$98.1812.04%29.40%
Nov 25, 2024Rufus HoneBMO Capital$100.00$92.268.39%17.63%
Nov 08, 2024Rufus HoneBMO Capital$94.00$72.3030.01%10.58%
Oct 21, 2024Trevor WilliamsWilliams Trading$90.00$74.6620.55%5.87%
Oct 14, 2024Darrin PellerWolfe Research$85.00$69.7021.95%-0.01%
Sep 09, 2024Soomit DattaNew Street$70.00$61.2414.30%-17.66%
Aug 16, 2024Jason KupferbergBank of America Securities$82.00$65.8724.49%-3.54%
Aug 02, 2024Charles NabhanStephens$90.00$60.0149.98%5.87%
Aug 02, 2024Daniel PerlinRBC Capital$88.00$60.0146.64%3.52%
Aug 02, 2024Rufus HoneBMO Capital$93.00$58.7658.27%9.40%
Jul 26, 2024Trevor WilliamsWilliams Trading$100.00$60.1866.17%17.63%
Jul 12, 2024Bryan KeaneDeutsche Bank$98.00$66.4947.39%15.28%
Jun 24, 2024Will NanceGoldman Sachs$80.00$64.6123.82%-5.89%
Jun 24, 2024Ramsey El-AssalBarclays$100.00$64.4755.12%17.63%
Apr 19, 2024David KoningRobert W. Baird$98.00$72.0636.00%15.28%
Apr 11, 2024Lance JessurunIndustrial Alliance Securities$90.00$78.5114.64%5.87%
Apr 10, 2024Dan DolevMizuho Securities$106.00$79.9832.53%24.69%
Apr 04, 2024Mark PalmerCoker Palmer$99.00$79.6524.29%16.46%
Apr 04, 2024James FaucetteMorgan Stanley$60.00$79.65-24.67%-29.42%
Apr 01, 2024Darrin PellerWolfe Research$100.00$84.5818.23%17.63%
Mar 27, 2024Josh BeckKeyBanc$95.00$83.0514.38%11.75%
Mar 18, 2024Rayna KumarUBS$95.00$80.8617.49%11.75%
Feb 23, 2024Dan DolevMizuho Securities$99.00$79.2025.00%16.46%
Feb 23, 2024Daniel PerlinLoop Capital Markets$88.00$79.2011.11%3.52%
Feb 23, 2024Andrew BauchWells Fargo$95.00$78.9220.38%11.75%
Feb 23, 2024Jeff CantwellSeaport Global$95.00$67.9639.79%11.75%
Jan 30, 2024Moshe KatriWedbush$90.00$69.9228.72%5.87%
Jan 30, 2024Lance JessurunBTIG$85.00$68.2224.60%-0.01%
Nov 03, 2023Michael NgGoldman Sachs$95.00$49.4492.17%11.75%
Nov 03, 2023Andrew JeffreyTruist Financial$70.00$49.4441.60%-17.66%
Aug 04, 2023Alex MarkgraffKeyBanc$85.00$64.6531.48%-0.01%
Aug 04, 2023Dan DolevMizuho Securities$85.00$64.6531.48%-0.01%
May 05, 2023James FriedmanSusquehanna$100.00$59.0169.46%17.63%
Mar 24, 2023Steven KwokKBW$90.00$60.0050.00%5.87%
Mar 24, 2023Harshita RawatBernstein$90.00$60.0149.98%5.87%
Feb 24, 2023Josh BeckLoop Capital Markets$100.00$76.9929.89%17.63%
Feb 24, 2023Jason KupferbergKeyBanc$96.00$76.9924.69%12.93%
Jan 09, 2023Dan DolevMizuho Securities$70.00$69.061.37%-17.66%
Jan 09, 2023Jeff CantwellWells Fargo$96.00$69.0639.02%12.93%
Nov 07, 2022Paul GoldingMacquarie$100.00$62.6759.57%17.63%
Nov 04, 2022Joseph VafiCanaccord Genuity$150.00$62.52139.92%76.45%
Nov 04, 2022Trevor WilliamsJefferies$70.00$60.1116.45%-17.66%
Oct 19, 2022Trevor WilliamsJefferies$70.00$54.5328.37%-17.66%
Sep 22, 2022Dan DolevMizuho Securities$57.00$59.45-4.12%-32.95%
Sep 14, 2022David TogutEvercore ISI$55.00$69.58-20.95%-35.30%
Jul 27, 2022Jeff CantwellWells Fargo$120.00$72.7664.93%41.16%
Jul 19, 2022Wei SimMacquarie$64.00$66.80-4.19%-24.71%
Jun 15, 2022Timothy ChiodoCredit Suisse$170.00$63.23168.87%99.98%
May 23, 2022Mayank TandonNeedham$135.00$83.2362.20%58.80%
May 11, 2022James FotheringhamBMO Capital$126.00$84.3949.31%48.22%
May 10, 2022Rayna KumarUBS$167.00$83.8699.14%96.45%
May 06, 2022Michael NgGoldman Sachs$152.00$95.5559.08%78.80%
May 04, 2022Dominick GabrieleOppenheimer$150.00$98.8651.73%76.45%
Apr 28, 2022James FriedmanSusquehanna$160.00$99.9360.11%88.21%
Apr 25, 2022Credit Suisse$180.00$102.6775.32%111.74%
Apr 10, 2022Jeff CantwellWells Fargo$165.00$123.2233.91%94.09%
Apr 06, 2022Josh BeckKeyBanc$180.00$128.7739.78%111.74%
Apr 03, 2022Dan DolevMizuho Securities$215.00$133.6260.90%152.91%
Mar 23, 2022James FaucetteMorgan Stanley$146.00$135.407.83%71.74%
Mar 10, 2022David KoningRobert W. Baird$128.00$108.8717.57%50.57%
Mar 08, 2022Ramsey El AssalBarclays$205.00$100.62103.74%141.15%
Mar 01, 2022Rayna KumarUBS$178.00$126.0641.20%109.39%
Feb 28, 2022Chris BrendlerD.A. Davidson$175.00$127.5037.25%105.86%
Feb 27, 2022James FotheringhamBMO Capital$159.00$127.5024.71%87.04%
Feb 25, 2022Sean HorganRosenblatt Securities$210.00$119.8275.26%147.03%
Feb 25, 2022Mark PalmerBTIG$230.00$119.8291.95%170.56%
Feb 25, 2022Peter ChristiansenCitigroup$220.00$119.8283.61%158.79%
Feb 25, 2022Lisa ElisMoffettNathanson$200.00$119.8266.92%135.27%
Feb 25, 2022Georgios MihalosCowen & Co.$188.00$119.8256.90%121.15%
Feb 25, 2022Harshita RawatBernstein$200.00$119.8266.92%135.27%
Feb 25, 2022Bryan KeaneDeutsche Bank$180.00$119.8250.23%111.74%
Feb 25, 2022Joseph VafiCanaccord Genuity$210.00$119.8275.26%147.03%
Feb 25, 2022Mayank TandonNeedham$175.00$119.8246.05%105.86%
Feb 25, 2022Tien Tsin HuangJ.P. Morgan$192.00$119.8260.24%125.86%
Feb 25, 2022Andrew BauchSMBC Nikko$160.00$119.8233.53%88.21%
Feb 25, 2022Trevor WilliamsJefferies$155.00$119.8229.36%82.33%
Feb 25, 2022Timothy ChiodoCredit Suisse$190.00$119.8258.57%123.50%
Feb 18, 2022Jason KupferbergBank of America Securities$185.00$97.7289.32%117.62%
Feb 11, 2022Darrin PellerWolfe Research$170.00$107.8857.58%99.98%
Feb 11, 2022Moshe KatriWedbush$140.00$107.8829.77%64.69%
Jan 26, 2022David TogutEvercore ISI$272.00$111.00145.05%219.96%
Jan 25, 2022Dan DolevMizuho Securities$210.00$115.3082.13%147.03%
Nov 17, 2021Ivan FeinsethTigress Financial$310.00$231.8533.71%264.66%
Nov 05, 2021Christopher DonatPiper Sandler$250.00$237.385.32%194.08%
Oct 12, 2021Kunaal MaldeAtlantic Equities$300.00$237.4126.36%252.90%
Aug 03, 2021Steven KwokKBW$325.00$269.4920.60%282.31%
Aug 02, 2021Martin Marandon-CarlhianOddo BHF$340.00$272.3824.83%299.95%

The latest Block stock forecast, released on Jan 03, 2025 by John Davis from Raymond James, set a price target of $115.00, which represents a 25.82% increase from the stock price at the time of the forecast ($91.40), and a 35.28% increase from SQ last price ($85.01).

Block Price Target by Period

1M3M12M
# Anlaysts1732
Avg Price Target$115.00$102.00$93.28
Last Closing Price$85.01$85.01$85.01
Upside/Downside35.28%19.99%9.73%

In the current month, the average price target of Block stock is $115.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 35.28% increase as opposed to Block's last price of $85.01. This month's average price target is up 12.75% compared to last quarter, and up 23.28% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jan 14, 2025CitigroupBuyBuyHold
Jan 03, 2025Raymond JamesMarket PerformOutperformUpgrade
Dec 19, 2024OppenheimerPerformOutperformUpgrade
Dec 18, 2024Morgan StanleyUnderweightUnderweightHold
Dec 17, 2024BarclaysOverweightOverweightHold
Dec 13, 2024MonnessBuyUpgrade
Dec 10, 2024MacquarieOutperformOutperformHold
Dec 05, 2024BTIGBuyBuyHold
Nov 25, 2024BMO CapitalOutperformMarket PerformDowngrade
Nov 11, 2024BernsteinOutperformOutperformHold
Oct 23, 2024Bank of America SecuritiesBuyBuyHold
Oct 21, 2024KeyBancOverweightOverweightHold
Oct 21, 2024Wells FargoBuyBuyHold
Oct 21, 2024JefferiesBuyBuyHold
Oct 18, 2024CitigroupBuyBuyHold
Oct 14, 2024Wolfe ResearchOutperformOutperformHold
Oct 01, 2024UBSUnderperformUnderperformHold
Oct 01, 2024Wells FargoMarket PerformMarket PerformHold
Sep 09, 2024New StreetNeutralInitialise
Aug 27, 2024Wells FargoMarket PerformMarket PerformHold
Aug 16, 2024Bank of America SecuritiesBuyBuyHold
Aug 02, 2024StephensOverweightOverweightHold
Aug 02, 2024Goldman SachsBuyBuyHold
Aug 02, 2024BMO CapitalOutperformOutperformHold
Jul 26, 2024MacquarieOutperformOutperformHold
Jul 26, 2024JefferiesBuyBuyHold
Jul 26, 2024Cowen & Co.BuyBuyHold
Jul 18, 2024Bank of America SecuritiesBuyBuyHold
Jul 18, 2024SusquehannaUnderperformUnderperformHold
Jul 18, 2024WedbushMarket PerformMarket PerformHold
Jul 18, 2024William BlairOutperformPositiveUpgrade
Jul 18, 2024William BlairMarket PerformOutperformUpgrade
Jul 12, 2024Deutsche BankBuyBuyHold
Jun 26, 2024WedbushUnderperformUnderperformHold
Jun 26, 2024Wolfe ResearchBuyBuyHold
Jun 24, 2024BarclaysOverweightOverweightHold
Jun 12, 2024Morgan StanleyUnderweightUnderweightHold
May 22, 2024Morgan StanleyUnderweightUnderweightHold
May 06, 2024MacquarieOutperformOutperformHold
May 06, 2024CitigroupBuyBuyHold
May 03, 2024Seaport GlobalBuyBuyHold
May 03, 2024William BlairMarket PerformMarket PerformHold
Apr 22, 2024Bank of America SecuritiesBuyBuyHold
Apr 19, 2024Wolfe ResearchMarket PerformMarket PerformHold
Apr 04, 2024BenchmarkBuyBuyHold
Apr 04, 2024Morgan StanleyEqual-WeightUnderweightDowngrade
Apr 01, 2024Wolfe ResearchOutperformOutperformHold
Mar 27, 2024KeyBancOverweightOverweightHold
Mar 11, 2024Williams CapitalMarket PerformMarket PerformHold
Feb 26, 2024Canaccord GenuityBuyBuyHold
Feb 23, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Feb 23, 2024KeyBancOutperformOutperformHold
Feb 23, 2024Mizuho SecuritiesBuyBuyHold
Feb 23, 2024OppenheimerPerformPerformHold
Feb 23, 2024CLSAAccumulateBuyUpgrade
Feb 23, 2024Seaport GlobalBuyUpgrade
Feb 20, 2024WedbushBuyBuyHold
Jan 30, 2024WedbushOutperformUpgrade
Dec 05, 2023BarclaysOverweightOverweightHold
Nov 15, 2023DaiwaBuyUpgrade
Nov 06, 2023CLSABuyAccumulateUpgrade
Nov 03, 2023OppenheimerPerformPerformHold
Nov 03, 2023Goldman SachsBuyBuyHold
Nov 03, 2023Canaccord GenuityBuyBuyHold
Sep 06, 2023UBSBuyOutperformDowngrade
Aug 04, 2023KeyBancOverweightOverweightHold
Aug 04, 2023NeedhamBuyBuyHold
Aug 04, 2023SusquehannaPositivePositiveHold
Aug 04, 2023JMP SecuritiesMarket PerformMarket PerformHold
Jul 28, 2023Exane BNP ParibasOutperformUpgrade
May 24, 2023JMP SecuritiesMarket PerformMarket PerformHold
May 05, 2023Raymond JamesMarket PerformMarket PerformHold
May 05, 2023KeyBancOverweightOverweightHold
May 05, 2023NeedhamBuyBuyHold
Apr 10, 2023Keefe, Bruyette & WoodsMarket PerformDowngrade
Mar 28, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Mar 24, 2023Atlantic EquitiesOverweightNeutralDowngrade
Mar 16, 2023Mizuho SecuritiesBuyUpgrade
Feb 24, 2023JefferiesBuyUnderperformDowngrade
Feb 24, 2023CitigroupBuyNeutralDowngrade
Feb 24, 2023Deutsche BankBuyHoldDowngrade
Feb 24, 2023Wolfe ResearchOutperformPeer PerformUpgrade
Feb 24, 2023RBC CapitalCautiousSector PerformUpgrade
Feb 24, 2023Canaccord GenuityBuyBuyHold
Feb 24, 2023Credit SuisseOutperformOutperformHold
Feb 24, 2023Wells FargoOverweightOverweightHold
Feb 24, 2023Morgan StanleyOutperformOutperformHold
Feb 24, 2023Wolfe ResearchOutperformOutperformHold
Feb 24, 2023NeedhamBuyBuyHold
Feb 22, 2023KeyBancOverweightOverweightHold
Jan 09, 2023Wells FargoOverweightOverweightHold
Jan 03, 2023Robert W. BairdNeutralOutperformUpgrade
Dec 21, 2022CitigroupBuyBuyHold
Nov 08, 2022MacquarieOutperformBuyUpgrade
Nov 07, 2022MacquarieNeutralOutperformUpgrade
Oct 19, 2022JefferiesBuyBuyHold
Sep 23, 2022KeyBancPositivePositiveHold
Sep 22, 2022Raymond JamesStrong BuyStrong BuyHold
Aug 11, 2022KeyBancOverweightOverweightHold
Aug 11, 2022CitigroupBuyBuyHold
Aug 05, 2022Evercore ISIOutperformOutperformHold
Jul 27, 2022Wells FargoOverweightOverweightHold
Jul 19, 2022MacquarieNeutralDowngrade
Jul 18, 2022RBC CapitalCautiousCautiousHold
Jun 15, 2022Credit SuisseOutperformOutperformHold
May 23, 2022NeedhamBuyBuyHold
May 23, 2022CLSABuyBuyHold
May 11, 2022BMO CapitalBuyBuyHold
May 10, 2022UBSBuyBuyHold
May 09, 2022NeedhamStrong BuyStrong BuyHold
Apr 28, 2022SusquehannaPositivePositiveHold
Apr 26, 2022Robert W. BairdNeutralNeutralHold
Apr 10, 2022Wells FargoOverweightInitialise
Apr 06, 2022KeyBancOverweightOverweightHold
Feb 28, 2022BMO CapitalOutperformMarket OutperformUpgrade
Feb 28, 2022BMO CapitalMarket PerformOutperformUpgrade
Feb 27, 2022JefferiesBuyBuyHold
Feb 25, 2022Canaccord GenuityBuyBuyHold
Feb 25, 2022Credit SuisseOutperformOutperformHold
Feb 25, 2022Deutsche BankBuyBuyHold
Feb 25, 2022NeedhamBuyBuyHold
Feb 22, 2022RBC CapitalOutperformOutperformHold
Jan 17, 2022JefferiesBuyBuyHold
Nov 25, 2021UBSBuyInitialise
Oct 14, 2021Atlantic EquitiesOverweightUpgrade
Apr 12, 2021Credit SuisseOutperformOutperformHold
Apr 07, 2021BarclaysOverweightOverweightHold
Dec 30, 2020Piper SandlerNeutralNeutralHold
Dec 27, 2020BTIGBuyBuyHold
Dec 12, 2020BTIGBuyUpgrade
Dec 12, 2020KeyBancOverweightOverweightHold
Nov 18, 2020KeyBancOverweightOverweightHold
Nov 09, 2020BMO CapitalMarket PerformMarket PerformHold
Oct 27, 2020Deutsche BankBuyBuyHold
Oct 05, 2020OppenheimerMarket OutperformUpgrade

Block's last stock rating was published by Citigroup on Jan 14, 2025. The company gave SQ a "Buy" rating, the same as its previous rate.

Block Financial Forecast

Block Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue---------------------$5.62B$5.53B$4.99B$4.65B$4.52B$4.40B$3.96B$4.08B$3.84B
Avg Forecast$9.33B$8.99B$9.15B$8.88B$8.64B$8.32B$8.44B$8.18B$7.97B$7.68B$7.69B$7.33B$7.05B$6.81B$6.83B$6.53B$6.29B$6.24B$6.27B$5.83B$5.70B$5.41B$5.10B$4.59B$4.63B$4.49B$4.33B$4.14B$4.04B$4.39B
High Forecast$10.35B$9.98B$10.16B$9.86B$9.59B$9.23B$9.37B$9.08B$8.84B$8.53B$8.54B$8.14B$7.83B$7.56B$7.58B$7.29B$6.52B$6.25B$6.27B$5.83B$6.25B$5.76B$5.66B$5.10B$5.12B$4.49B$4.33B$4.14B$4.04B$4.39B
Low Forecast$8.46B$8.15B$8.30B$8.06B$7.83B$7.55B$7.65B$7.42B$7.22B$6.97B$6.98B$6.65B$6.40B$6.17B$6.20B$5.96B$5.92B$6.23B$6.27B$5.83B$5.43B$4.98B$4.63B$4.16B$4.23B$4.49B$4.33B$4.14B$4.04B$4.39B
# Analysts13131313777799991313131517156612281421201313161725
Surprise %---------------------1.04%1.08%1.09%1.01%1.00%1.02%0.96%1.01%0.88%

Block's average Quarter revenue forecast for Dec 23 based on 12 analysts is $5.70B, with a low forecast of $5.43B, and a high forecast of $6.25B. SQ's average Quarter revenue forecast represents a 1.42% increase compared to the company's last Quarter revenue of $5.62B (Sep 23).

Block EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts13131313777799991313131517156612281421201313161725
EBITDA---------------------$-9.91M$-132.11M$87.00M$-10.88M$60.35M$-68.21M$-123.26M$-18.18M$52.06M
Avg Forecast$353.98M$341.19M$347.34M$337.17M$327.79M$315.76M$320.32M$310.45M$302.29M$291.57M$292.01M$278.25M$267.70M$258.39M$259.26M$247.76M$238.86M$236.64M$237.98M$-88.81M$216.20M$205.41M$193.64M$-80.73M$-15.46M$54.47M$52.48M$-73.39M$49.00M$53.17M
High Forecast$392.80M$378.61M$385.44M$374.15M$363.75M$350.40M$355.45M$344.50M$335.45M$323.56M$324.04M$308.77M$297.06M$286.74M$287.70M$276.80M$247.41M$236.99M$238.04M$-71.04M$237.10M$218.71M$214.88M$-64.59M$-12.37M$54.47M$52.48M$-58.71M$49.00M$53.17M
Low Forecast$321.00M$309.40M$314.98M$305.76M$297.26M$286.35M$290.48M$281.53M$274.13M$264.41M$264.80M$252.33M$242.76M$234.32M$235.10M$226.08M$224.49M$236.30M$237.92M$-106.57M$205.94M$189.00M$175.60M$-96.88M$-18.55M$54.47M$52.48M$-88.07M$49.00M$53.17M
Surprise %----------------------0.05%-0.68%-1.08%0.70%1.11%-1.30%1.68%-0.37%0.98%

14 analysts predict SQ's average Quarter EBITDA for Jun 23 to be $193.64M, with a high of $214.88M and a low of $175.60M. This is 122.57% upper than Block's previous annual EBITDA (Mar 23) of $87.00M.

Block Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts13131313777799991313131517156612281421201313161725
Net Income---------------------$-28.95M$-122.51M$-19.33M$-117.62M$-18.74M$-209.28M$-207.36M$-80.98M$84.00K
Avg Forecast$1.37B$1.37B$1.32B$1.22B$1.17B$1.17B$1.11B$1.03B$980.65M$953.79M$894.96M$814.15M$781.96M$758.24M$711.73M$629.95M$554.39M$558.47M$524.48M$-150.99M$369.96M$294.40M$230.82M$-137.27M$-65.30M$146.03M$101.98M$-124.79M$146.16M$240.33M
High Forecast$1.57B$1.57B$1.50B$1.40B$1.34B$1.34B$1.27B$1.18B$1.12B$1.09B$1.02B$930.25M$893.47M$866.36M$813.22M$746.35M$655.80M$562.14M$527.37M$-120.80M$530.28M$394.62M$263.74M$-109.81M$-52.24M$146.03M$101.98M$-99.83M$146.16M$240.33M
Low Forecast$1.21B$1.21B$1.16B$1.07B$1.03B$1.03B$978.78M$906.49M$861.88M$838.28M$786.57M$715.55M$687.26M$666.41M$625.53M$424.53M$358.33M$554.80M$521.60M$-181.19M$252.81M$219.23M$202.87M$-164.72M$-78.37M$146.03M$101.98M$-149.75M$146.16M$240.33M
Surprise %----------------------0.10%-0.53%0.14%1.80%-0.13%-2.05%1.66%-0.55%0.00%

Block's average Quarter net income forecast for Dec 21 is $146.16M, with a range of $146.16M to $146.16M. SQ's average Quarter net income forecast represents a 173895.51% increase compared to the company's last Quarter net income of $84.00K (Sep 21).

Block SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts13131313777799991313131517156612281421201313161725
SG&A---------------------$960.27M$1.09B$928.84M$991.27M$881.27M$926.55M$945.84M$783.70M$675.33M
Avg Forecast$1.78B$1.72B$1.75B$1.70B$1.65B$1.59B$1.62B$1.57B$1.52B$1.47B$1.47B$1.40B$1.35B$1.30B$1.31B$1.25B$1.20B$1.19B$1.20B$699.39M$1.09B$1.04B$976.37M$635.81M$666.14M$859.79M$828.52M$578.01M$773.52M$839.30M
High Forecast$1.98B$1.91B$1.94B$1.89B$1.83B$1.77B$1.79B$1.74B$1.69B$1.63B$1.63B$1.56B$1.50B$1.45B$1.45B$1.40B$1.25B$1.19B$1.20B$839.27M$1.20B$1.10B$1.08B$762.98M$799.37M$859.79M$828.52M$693.61M$773.52M$839.30M
Low Forecast$1.62B$1.56B$1.59B$1.54B$1.50B$1.44B$1.46B$1.42B$1.38B$1.33B$1.34B$1.27B$1.22B$1.18B$1.19B$1.14B$1.13B$1.19B$1.20B$559.52M$1.04B$952.98M$885.41M$508.65M$532.92M$859.79M$828.52M$462.41M$773.52M$839.30M
Surprise %---------------------0.93%1.11%1.46%1.49%1.02%1.12%1.64%1.01%0.80%

Block's average Quarter SG&A projection for Dec 23 is $1.09B, based on 12 Wall Street analysts, with a range of $1.04B to $1.20B. The forecast indicates a 13.52% rise compared to SQ last annual SG&A of $960.27M (Sep 23).

Block EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts13131313777799991313131517156612281421201313161725
EPS---------------------$-0.05$-0.20$-0.03$-0.26$-0.03$-0.36$-0.38$-0.18-
Avg Forecast$2.17$2.17$2.08$1.93$1.85$1.85$1.76$1.63$1.55$1.51$1.41$1.29$1.24$1.20$1.12$1.00$0.88$0.88$0.83$0.72$0.58$0.47$0.36$0.35$0.30$0.23$0.16$0.20$0.23$0.38
High Forecast$2.48$2.48$2.38$2.21$2.11$2.11$2.01$1.86$1.77$1.72$1.62$1.47$1.41$1.37$1.29$1.18$1.04$0.89$0.83$0.72$0.84$0.62$0.42$0.40$0.34$0.23$0.16$0.20$0.23$0.38
Low Forecast$1.91$1.91$1.83$1.70$1.63$1.63$1.55$1.43$1.36$1.32$1.24$1.13$1.09$1.05$0.99$0.67$0.57$0.88$0.82$0.72$0.40$0.35$0.32$0.31$0.27$0.23$0.16$0.20$0.23$0.38
Surprise %----------------------0.10%-0.55%-0.09%-0.86%-0.14%-2.24%-1.86%-0.78%-

According to undefined Wall Street analysts, Block's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SQ previous annual EPS of $NaN (undefined).

Block Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PANWPalo Alto Networks$192.94$400.29107.47%Buy
ADBEAdobe$442.84$604.2536.45%Buy
MDBMongoDB$284.00$350.0023.24%Buy
MSFTMicrosoft$447.20$495.2310.74%Buy
ORCLOracle$164.00$181.1710.47%Buy
SQBlock$86.96$93.757.81%Buy
ZSZscaler$204.68$209.912.56%Buy
OKTAOkta$94.93$93.38-1.63%Buy
PATHUiPath$15.19$14.50-4.54%Hold
CRWDCrowdStrike$408.68$348.91-14.63%Buy
NETCloudflare$139.98$110.40-21.13%Buy
PLTRPalantir$80.23$42.17-47.44%Hold

SQ Forecast FAQ

Is Block a good buy?

Yes, according to 39 Wall Street analysts, Block (SQ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 29 'Buy' recommendations, accounting for 74.36% of SQ's total ratings.

What is SQ's price target?

Block (SQ) average price target is $93.75 with a range of $65 to $115, implying a 10.28% from its last price of $85.01. The data is based on 39 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Block stock go up soon?

According to Wall Street analysts' prediction for SQ stock, the company can go up by 10.28% (from the last price of $85.01 to the average price target of $93.75), up by 35.28% based on the highest stock price target, and down by -23.54% based on the lowest stock price target.

Can Block stock reach $130?

SQ's average twelve months analyst stock price target of $93.75 does not support the claim that Block can reach $130 in the near future.

What is Block's current price target trend?

1 Wall Street analyst forecast a $115 price target for Block (SQ) this month, up 35.28% from its last price of $85.01. Compared to the last 3 and 12 months, the average price target increased by 19.99% and increased by 9.73%, respectively.

What are Block's analysts' financial forecasts?

Block's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $33.58B (high $37.26B, low $30.45B), average EBITDA is $1.27B (high $1.41B, low $1.16B), average net income is $4.49B (high $5.13B, low $3.94B), average SG&A $6.43B (high $7.13B, low $5.83B), and average EPS is $7.09 (high $8.1, low $6.23). SQ's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $36.36B (high $40.34B, low $32.97B), average EBITDA is $1.38B (high $1.53B, low $1.25B), average net income is $5.28B (high $6.04B, low $4.64B), average SG&A $6.96B (high $7.72B, low $6.31B), and average EPS is $8.35 (high $9.54, low $7.34).

Did the SQ's actual financial results beat the analysts' financial forecasts?

Based on Block's last annual report (Dec 2022), the company's revenue was $17.53B, which missed the average analysts forecast of $17.59B by -0.31%. Apple's EBITDA was $-142M, missing the average prediction of $18.1M by -884.45%. The company's net income was $-553M, missing the average estimation of $57.91M by -1054.89%. Apple's SG&A was $3.74B, beating the average forecast of $2.93B by 27.70%. Lastly, the company's EPS was $-1.21, missing the average prediction of $0.897 by -234.87%. In terms of the last quarterly report (Sep 2023), Block's revenue was $5.62B, beating the average analysts' forecast of $5.41B by 3.78%. The company's EBITDA was $-9.908M, missing the average prediction of $205.41M by -104.82%. Block's net income was $-28.954M, missing the average estimation of $294.4M by -109.83%. The company's SG&A was $960.27M, missing the average forecast of $1.04B by -7.29%. Lastly, the company's EPS was $-0.0474, missing the average prediction of $0.465 by -110.19%