SQ

Quick Update for Block (SQ) Investors

Shares of Technology sector company Block moved -0.1% today, and are now trading at a price of $65.0. The large-cap stock's daily volume was 8,256,679 compared to its average volume of 13,347,253. The S&P 500 index returned a -1.0% performance.

Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. The company is based in San Francisco and has 12,428 full time employees. Its market capitalization is $39,916,044,288.

40 analysts are following Block and have set target prices ranging from $40.0 to $100.0 per share. On average, they have given the company a rating of buy. At today's prices, SQ is trading -9.23% away from its average analyst target price of $71.61 per share.

Over the last year, SQ's share price has increased by 3.0%, which represents a difference of -12.0% when compared to the S&P 500. The stock's 52 week high is $89.97 per share whereas its 52 week low is $38.85. With average free cash flows of $341.33 Million that have been growing at an average rate of 22.6% over the last 6 years, Block is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 944,253 148,563 795,690 15538.56
2022 175,903 170,815 5,088 -99.29
2021 847,830 134,320 713,510 1955.75
2020 173,110 138,402 34,708 -86.91
2019 327,630 62,498 265,132 13.36
2018 295,080 61,203 233,877
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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