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

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

February 28, 2022 8:57 AM EST

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

February 25, 2022 8:38 AM EST

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 $188 at Cowen

February 25, 2022 8:29 AM EST

Cowen analyst George Mihalos lowered the price target on Block Inc. (NYSE: SQ) to $188.00 (from $238.00) while maintaining a Outperform rating.... More

Block Inc. (SQ) PT Lowered to $210 at Canaccord Genuity

February 25, 2022 7:59 AM EST

Canaccord Genuity analyst Joseph Vafi lowered the price target on Block Inc. (NYSE: SQ) to $210.00 (from $310.00) while maintaining a Buy rating.... More

Block Inc. (SQ) PT Lowered to $220 at Truist Securities

February 25, 2022 7:37 AM EST

Truist Securities analyst Andrew Jeffrey lowered the price target on Block Inc. (NYSE: SQ) to $220.00 (from $250.00) while maintaining a Buy rating.... More

Block Inc. (SQ) PT Lowered to $240 at Susquehanna

February 25, 2022 7:33 AM EST

Susquehanna analyst Jamie Friedman lowered the price target on Block Inc. (NYSE: SQ) to $240.00 (from $275.00) while maintaining a Positive rating.... More

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

February 25, 2022 7:14 AM EST

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 $180 at Deutsche Bank

February 25, 2022 7:04 AM EST

Deutsche Bank analyst Bryan Keane lowered the price target on Block Inc. (NYSE: SQ) to $180.00 (from $210.00) while maintaining a Buy rating.... More

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

February 25, 2022 6:58 AM EST

Needham & Company analyst Mayank Tandon lowered the price target on Block Inc. (NYSE: SQ) to $175.00 (from $315.00) while maintaining a Buy rating.

The analyst commented, "SQ reported strong 4Q results, beating expectations on revenue, EBITDA, and EPS on the back of strength... More

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

February 25, 2022 4:43 AM EST

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

February 25, 2022 3:43 AM EST

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

Block (SQ) Surges 23% Following Results

February 24, 2022 5:26 PM EST

Block (NYSE: SQ) Surges 23% Following Results

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Block (SQ) Tops Q4 EPS by 2c

February 24, 2022 4:13 PM EST

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.

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