Form 10-Q Block, Inc. For: Mar 31

Go back to Form 10-Q Block, Inc. For: Mar 31

William Blair Comments on Block Inc. (SQ)

May 3, 2024 7:13 AM EDT

William Blair analyst Cristopher Kennedy reiterated a Market Perform rating on Block Inc. (NYSE: SQ).

The analyst comments "Stock thoughts and risks. We are encouraged by managements increased focus on profitable growth, yet reiterate our Market Perform rating as we feel... More

RBC Capital Reiterates Outperform Rating on Block Inc. (SQ)

May 3, 2024 6:37 AM EDT

RBC Capital analyst Daniel Perlin reiterated an Outperform rating and $88.00 price target on Block Inc. (NYSE: SQ)

The analyst comments "SQ delivered another beat on adj. EBITDA, reiterating its focus on profitability and its goal of achieving the Rule of 40 by FY26, with FY24 guidance... More

Evercore ISI Comments on Block Inc. (SQ)

May 3, 2024 6:17 AM EDT

Evercore ISI analyst David Togut reiterated an In Line rating and $75.00 price target on Block Inc. (NYSE: SQ).

The analyst comments "SQ raised 2024 gross profit, adjusted operating income and adjusted EBITDA guidance. And while updated guidance largely matched our estimates, they exceeded consensus forecasts across all metrics. We see conservatism in managements 2024 guidance with scope for upside as we progress... More

Deutsche Bank Comments on Block Inc. (SQ)

May 3, 2024 6:10 AM EDT

Deutsche Bank analyst Bryan Keane reiterated a Buy rating and $90.00 price target on Block Inc. (NYSE: SQ)

The analyst comments "SQ yet again reported strong quarterly results with 1Q24 gross profit growth coming in well ahead of expectations at ~22% Y/Y along with $100m+ beats in adj. EBITDA and adj. operating income.... More

Goldman Sachs Comments on Block Inc. (SQ)

May 3, 2024 5:59 AM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $94.00 price target on Block Inc. (NYSE: SQ).

The analyst comments "SQ's 2Q24 gross profit, AOI, and EBITDA beat on better-than-expected performance in both Cash App & Seller gross profit as well as better opex.... More