Block (SQ) Beats Q4 Estimates, Relief Rally Results in 20% Gains
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Block (SQ) Upgraded to Outperform at BMO, Analyst Sees Upside to Valuation
February 28, 2022 8:57 AM ESTBMO 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 ESTJefferies 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 ESTCowen 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 ESTCanaccord 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 ESTTruist 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 ESTSusquehanna 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 ESTRosenblatt 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 ESTDeutsche 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 ESTNeedham & 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 ESTCredit 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 ESTBMO 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

