Block Inc. (SQ) PT Lowered to $175 at Needham & Company

Block (SQ) Upgraded to Outperform at BMO, Analyst Sees Upside to Valuation

BMO analyst James Fotheringham upgraded shares of Block (NYSE: SQ) to Outperform from Market Perform with a $159.00 price target that implies 33% upside.

The analyst sees upside to current consensus estimates, starting from Cash App and to Afterpay. Hence, Fotheringham sees upside in SQ... More

Block (SQ) Beats Q4 Estimates, Relief Rally Results in 20% Gains

Shares of Block (NYSE: SQ) are up roughly 20% in premarket trading after the company reported better-than-expected Q4 financial results.

Block reported adjusted EPS of 27c, down from 32c in the year-ago period and above the expected 24c per share. Block reported $4.08 billion in revenue in the fourth quarter, up 29% YOY, topping the consensus estimates of $4.01 billion.

Cash App generated $2.55 billion in revenue, up 18% YOY, in line... More

Block Inc. (SQ) PT Lowered to $155 at Jefferies

Jefferies analyst Trevor Williams lowered the price target on Block Inc. (NYSE: SQ) to $155.00 (from $200.00) while maintaining a Buy rating.

The analyst commented, "Though an admittedly low bar, the Cash App combo of 4Q gross profit beat, better-than-feared 1Q outlook, and... More

Block Inc. (SQ) PT Raised to $210 at Rosenblatt

Rosenblatt analyst Sean Horgan raised the price target on Block Inc. (NYSE: SQ) to $210.00 (from $209.00) while maintaining a Buy rating.

The analyst commented, "We are raising our 12-month PT to $210 from $209 for Buy-rated SQ following 4Q21 earnings (reported AMC 2/24). The stock was ~18% higher... More

Block Inc. (SQ) PT Lowered to $190 at Credit Suisse

Credit Suisse analyst Timothy Chiodo lowered the price target on Block Inc. (NYSE: SQ) to $190.00 (from $230.00) while maintaining a Outperform rating.... More

Block Inc. (SQ) PT Lowered to $159 at BMO Capital After EPS Beat Came from Expense Control

BMO Capital analyst James Fotheringham lowered the price target on Block Inc. (NYSE: SQ) to $159.00 (from $172.00) after the company reported 4Q21 core EPS of $0.27 which beat consensus of $0.24 by 13%. Slightly lower than expected Bitcoin-related net revenues were more than offset by lower operating... More

Popular stocks with increasing volume: SQ SOFI UBER MRNA F

Popular stocks with increasing volume: SQ SOFI UBER MRNA F

After-Hours Stock Movers 02/24: (KAR) (SQ) (ETSY) Higher; (EVBG) (ZS) (BYND) Lower (more...)

After-Hours Stock Movers:

KAR Global (NYSE: KAR) 77.3% HIGHER; Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, has signed a definitive agreement to acquire ADESAs US physical auction business, a wholly owned subsidiary of KAR Global (NYSE: KAR), subject to customary closing conditions, for $2.2 billion in cash. ADESA U.S. is the second largest provider of wholesale vehicle auction solutions in the United States with 56 sites and approximately 4,500 corporate and operations team members. In 2021,... More

Block (SQ) Surges 23% Following Results

Block (NYSE: SQ) Surges 23% Following Results

Block (SQ) Tops Q4 EPS by 2c

Block (NYSE: SQ) reported Q4 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $4.08 billion versus the consensus estimate of $4.06 billion.

For earnings history and earnings-related data on Block (SQ) click here.