Links

Homepage

Stock List

Search by Ticker

News

Login

Block (NYSE:SQ)
Stock Analysis

SQ68.49
▲ 3.01%2

Stock Analysis

The following stock analysis is based on 7.4 years of data (i.e. since Nov 19, 2015). All the stock history has been downloaded.

Stock Exchange

Block trades on the NYSE exchange in USD dollars.

Sector

It is in the technology sector.

Current Status of Block

It is currently trading at $68.49 ($66.49 the previous day).

Financials

The next reporting date is in 33 days (2023 05 03).

CNN estimates profits for the upcoming quarter will be $0.35 per share ($4.6B). The current Canada / US exchange rate is 1.35441.



Over the past 12 months, $0 worth of shares have been purchased and $108080696 worth of shares have been sold by insiders.

Will This Trend Continue?

The year over year average increase is 6.1% per year assuming steady exponential growth. The actual 5 year average is 44.18. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year75.271784076433-64.5- Below Average
2 year212.2787852813929.3- Below Average
3 year164.11359136905145+ Above Average
4 year66.984270072993-3- Below Average
5 year69.088935361217114.1+ Above Average
Block is projected by analysts to get to $95.00 within the next 12 months (38.7%), but preticted targets range from as high as $163.00 (138%) and as low as $70(2.2%).

Risk

The worst drop it has had in recent years is -93.9%. It has a steady shape to the stock curve, which means the stock continues on a consistent trend except during extreme periods of volitility, but usually recovers quickly. These stocks are very safe and do not have to be checked often.

Stock shape test

DAYS AG0PRICE
1074.5DROPPING
3077.36DROPPING
6081.19DROPPING
15061.29RISING
365138.225DROPPING
800227.75DROPPING
120066.53RISING
160069.83DROPPING
200030.76RISING
!!!!!!!!!!!! WARNING STOCK DROPPING !!!!!!!!!!!!!!!!!

With an average increase of 6.1% year over year, if Block is bought at the worst time, Stockmarketizer analysts estimate it will take 184.7 months before the stock will recover to the original purchase price.

Description

Square was founded in 2009 by Jack Dorsey and Jim McKelvey. Square, Inc. (NYSE SQ) provides financial services, mobile payment and merchant services. The company is based out of San Francisco, California. They have created software and hardware payments products like Square Contactless and Chip Reader, Square Register, Square Stand, Square Magstripe Reader, Square Capital (a financing program), Cash App (a person-to-person payments service, Appointments, Gift Cards/eGift Cards, Invoices, Virtual Terminal, Marketing, Loyalty, Employee Management), and Square Payroll. They launched their first app and service in 2010.

Square allows users based out of the US, Canada, Japan, Australia, and United Kingdom to accept offline debit / credit cards on their smartphone or tablet. Users can either enter card details, swipe the card through the audio jack-connected Square Reader, or insert / tap the card using a Bluetooth LE-connected Square Chip and Contactless Reader.

Tradingview BuySell Widget

Yahoo News Feed

Square Discloses Cash App User Data, Firing Back At Short Seller Hindenburg

Thu, 30 Mar 2023 20:05:30 Square fired back at short-seller Hindenburg Research as SQ stock continued clawing back amid charges Cash App user metrics are inflated.... Read Full Article

Block stock rises upon response to Hindenburg Research’s report alleging fraud

Thu, 30 Mar 2023 20:00:25 Yahoo Finance Live discusses Block's rise in shares and their response to short-seller Hindenburg Research's fraud claims.... Read Full Article

Is SQ Stock A Buy Or Sell Amid Hindenburg Research Short Position?

Thu, 30 Mar 2023 18:41:08 Square stock bulls focus on its Cash App and Afterpay synergies but bears worry over Bitcoin and a possible recession.... Read Full Article

Block Speaks Out Again After Short-Seller’s Claims. The Stock Is Rising.

Thu, 30 Mar 2023 16:38:00 The payments group said last week Hindenburg Research's report was inaccurate and that it would explore legal action.... Read Full Article

Block responds to investor questions stemming from Hindenburg Research allegations

Thu, 30 Mar 2023 14:54:49 Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the rise in stock for Block.... Read Full Article

Don’t Forget to Block Your Ex on Your Payment Apps

Wed, 29 Mar 2023 12:00:00 Alexuis Baremore was asleep in her High Point, N.C., apartment early on Jan. 27 when Cash App’s coin-dropping alert woke her up. On Venmo and PayPal, that memo can be attached to just a single cent (a playful practice ...... Read Full Article

Block Short-Seller Report: Buy the Dip?

Wed, 29 Mar 2023 09:45:00 The report, published by the investment firm Hindenburg Research, made a series of damning allegations about Block's peer-to-peer (P2P) payment app, Cash App, which is an integral part of the fintech's business. Could this represent a good opportunity to ...... Read Full Article

Block (SQ) Surges 6.1%: Is This an Indication of Further Gains?

Tue, 28 Mar 2023 15:56:03 Block (SQ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.... Read Full Article

11 Best Cryptocurrency Stocks To Buy According To Hedge Funds

Mon, 27 Mar 2023 17:37:14 In this article, we discuss 11 best cryptocurrency stocks to buy according to hedge funds. If you want to see more stocks in this selection, check out 5 Best Cryptocurrency Stocks To Buy According To Hedge Funds. The world of cryptocurrency is ...... Read Full Article

If You'd Invested $3,000 in Block in 2015, This Is How Much You Would Have Today

Mon, 27 Mar 2023 12:58:28 Block (NYSE: SQ), the fintech company formerly known as Square, went public on Nov. 19, 2015, at $9 per share. Let's see why Block's stock soared, why it stumbled, and where it might be headed. When Block went public, it generated most of ...... Read Full Article

With Block, Inc.'s (NYSE:SQ)) price down 18% this week, insiders might find some solace having sold US$5.2m worth of shares earlier this year.

Sun, 26 Mar 2023 11:00:16 By selling US$5.2m worth of Block, Inc. ( NYSE:SQ ) stock at an average sell price of US$73.00 over the last year...... Read Full Article

Block analyst calls Hindenburg short-seller report 'inappropriate'

Fri, 24 Mar 2023 16:05:03 Block (SQ) shares are under pressure after falling 15% on Thursday, as investors continue to digest Hindenburg's latest short-seller report that targeted the company. The report accused Block of misleading investors by overstating user numbers and says it's been ignoring fraudulent ...... Read Full Article

Block stock falls, plans to take legal action against Hindenburg Research

Fri, 24 Mar 2023 13:34:50 Yahoo Finance Live’s Brad Smith discusses the decline in stock for Block.... Read Full Article

Wall Street reacts to Hindenburg's report on Block: 'We find it highly unlikely'

Fri, 24 Mar 2023 11:00:47 Wall Street is not so sure about a new short call on Block.... Read Full Article

Payments firm Block's Australian shares slump after Hindenburg report

Fri, 24 Mar 2023 00:33:34 Australia-listed shares of Block Inc, led by Twitter co-founder Jack Dorsey, plunged as much as 20% on Friday after Hindenburg Research alleged the payments firm overstated its user numbers and understated its customer acquisition costs. Block said the report was "factually ...... Read Full Article

Shares of Jack Dorsey’s Block Fall on Short-Seller Report

Thu, 23 Mar 2023 21:12:00 Shares in Block—formerly known as Square—fell after Hindenburg Research released the results of what it called a two-year investigation.... Read Full Article

Will Coinbase and Block Drag Down Cathie Wood’s ARKK ETF?

Thu, 23 Mar 2023 20:38:38 Cathie Wood‘s popular ARK Innovation ETF (ARKK) is off to a hot start in 2023, with a 21% gain year-to-date. However, based on recent events concerning some of its top holdings, ARKK could be under some pressure in the near term ...... Read Full Article

Is Block Stock a Buy Now? Why Square Stock Is Down -- Block Stock Analysis

Thu, 23 Mar 2023 20:24:38 Block (NYSE: SQ), which most people know by its former name Square, saw its stock down around 20% this morning. Hindenburg Research released a short report alleging numerous claims against the company.... Read Full Article

Block stock falls 15% amid short seller accusations of 'inflated metrics' and avoiding regulation

Thu, 23 Mar 2023 20:13:58 Block stock fell 15% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."... Read Full Article

Square Plunges On Short Seller Charges, Company To Explore Legal Action

Thu, 23 Mar 2023 20:03:57 Square plunged after Hindenburg Research disclosed a short position in SQ stock while claiming Cash App consumer services facilitate fraud.... Read Full Article
<