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

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

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

February 25, 2022 8:34 AM EST

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 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