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

William Blair Comments on Block Inc. (SQ)

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

Block Inc. (SQ) PT Raised to $100 at Baird

Baird analyst David Koning raised the price target on Block Inc. (NYSE: SQ) to $100.00 (from $98.00) while maintaining a Outperform rating.... More

Evercore ISI Comments on Block Inc. (SQ)

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)

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)

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

Block Inc. (SQ) PT Raised to $92 at TD Cowen

(Updated - May 3, 2024 5:55 AM EDT)

TD Cowen analyst Bryan Bergin raised the price target on Block Inc. (NYSE: SQ) to $92.00 (from $90.00) while maintaining a Buy rating.

The analyst commented: "Strong all around 1Q results with GP growth beating Street by 4%... More

After-hours movers: Apple, Block, Coinbase, Booking and more

After-Hours Stock Movers:

Apple (NASDAQ: AAPL) rose 6.8% after it published EPS and revenue that topped consensus. It also boosted its divided and approved an additional share buyback of $110 billion.

Block (NYSE: SQ) rose... More

Block (SQ) hikes full-year outlook as fiscal Q1 results top estimates, stock up

(Updated - May 3, 2024 4:17 AM EDT)

Block (NYSE: SQ) shares jumped more than 7% in premarket trading Friday after the company reported earnings and revenue for the fiscal Q1 that topped analyst expectations.

The financial technology provider posted earnings per share (EPS) of $0.85 for the quarter, exceeding... More

Block (SQ) Tops Q1 EPS by 13c

Block (NYSE: SQ) reported Q1 EPS of $0.85, $0.13 better than the analyst estimate of $0.72. Revenue for the quarter came in at $5.96 billion versus the consensus estimate of $5.83 billion.

We are raising our full-year outlook to reflect outperformance in the first quarter and our improved... More

Block (SQ) call put ratio 1.9 calls to 1 put into quarter results and outlook

Block (NYSE: SQ) May weekly call option implied volatility is at 256, May is at 90; compared to its 52-week range of 37 to 80 into the expected release of quarter results today after the bell.

Monness, Crespi, Hardt Downgrades Block Inc. (SQ) to Neutral

Monness, Crespi, Hardt analyst Gus Gala downgraded Block Inc. (NYSE: SQ) from Buy to Neutral.

For an analyst ratings summary and ratings history on Block Inc. click here. For more ratings news on Block Inc. click here.

Shares of Block Inc. closed at $66.84 yesterday.

Block (SQ) May weekly 67 straddle priced into quarter results

Block (NYSE: SQ) May weekly 67 straddle priced for a mov of 13% into the expected release of quarter results today after the bell.

Block (SQ) May weekly option implied volatility into quarter results

Block (NYSE: SQ) May weekly call option implied volatility is at 213, May is at 98; compared to its 52-week range of 37 to 80 into the expected release of quarter results after the bell on May 2.

Block (SQ) stock falls on NBC News report that federal prosecutors are examining financial transactions

Shares of Block (NYSE: SQ) tumbled more than 6% Wednesday after NBC News reported that federal prosecutors are examining financial transactions at the company.

The Cash App and Square owner was launched by Twitter co-founder Jack Dorsey. NBC says, citing people with direct... More

Federal prosecutors are examining financial transactions at Block (SQ), owner of Cash App and Square - NBC

Federal prosecutors are examining financial transactions at Block (SQ), owner of Cash App and Square - NBC