Shares of Block have moved 1.5% today, and are now trading at a price of $64.31. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 10,723,357 compared to the stock's average volume of 13,108,580.
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. Based in San Francisco, United States the company has 12,428 full time employees and a market cap of $39,489,249,280.
The company is now trading -9.57% away from its average analyst target price of $71.11 per share. The 40 analysts following the stock have set target prices ranging from $35.0 to $100.0, and on average give Block a rating of buy.
Over the last 12 months SQ shares have declined by -5.0%, which represents a difference of -18.0% when compared to the S&P 500. The stock's 52 week high is $89.97 per share and its 52 week low is $38.85. Based on Block's average net margin growth of 35.8% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 20,793,483 | -14,428 | 0 | nan |
| 2022 | 17,531,587 | -12,258 | 0 | -100.0 |
| 2021 | 17,661,203 | 166,284 | 1 | -50.0 |
| 2020 | 9,497,578 | 213,105 | 2 | -75.0 |
| 2019 | 4,713,500 | 375,446 | 8 | 900.0 |
| 2018 | 3,298,177 | -38,453 | -1 |
