Critical Analysis of SQ Stock - Is it Worth Investing In?

Large-cap Technology company Block has logged a -5.8% change today on a trading volume of 9,659,421. The average volume for the stock is 9,379,124.

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. Based in Oakland, United States the company has 12,985 full time employees and a market cap of $41,556,480,000.

The company is now trading -26.38% away from its average analyst target price of $91.48 per share. The 40 analysts following the stock have set target prices ranging from $40.0 to $106.0, and on average give Block a rating of buy.

Over the last 52 weeks, SQ stock has risen 15.6%, which amounts to a -13.7% difference compared to the S&P 500. The stock's 52 week high is $87.52 whereas its 52 week low is $38.85 per share. Based on Block's average net margin growth of 0.7% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%)
2023 21,915,623 9,772 0
2022 17,531,587 -540,747 -3
2021 17,661,203 166,284 1
2020 9,497,578 213,105 2
2019 4,713,500 375,446 8
2018 3,298,177 -38,453 -1
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.