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Block Inc has a consensus price target of $87.21 based on the ratings of 47 analysts. The high is $120 issued by Canaccord Genuity on November 12, 2024. The low is $46 issued by HSBC on October 13, 2023. The 3 most-recent analyst ratings were released by Exane BNP Paribas, Canaccord Genuity, and Piper Sandler on November 20, 2024, November 12, 2024, and November 11, 2024, respectively. With an average price target of $97 between Exane BNP Paribas, Canaccord Genuity, and Piper Sandler, there's an implied 5.06% upside for Block Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Block (NYSE:SQ) was reported by Exane BNP Paribas on November 20, 2024. The analyst firm set a price target for $88.00 expecting SQ to fall to within 12 months (a possible -4.69% downside). 57 analyst firms have reported ratings in the last year.
The latest analyst rating for Block (NYSE:SQ) was provided by Exane BNP Paribas, and Block downgraded their neutral rating.
The last upgrade for Block Inc happened on July 18, 2024 when William Blair raised their price target to N/A. William Blair previously had a market perform for Block Inc.
The last downgrade for Block Inc happened on November 20, 2024 when Exane BNP Paribas changed their price target from N/A to $88 for Block Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Block, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Block was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Block (SQ) rating was a downgraded with a price target of $0.00 to $88.00. The current price Block (SQ) is trading at is $92.33, which is out of the analyst’s predicted range.
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