Block Inc has a consensus price target of $80.3, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Canaccord Genuity, TD Cowen, and Benchmark on May 3, 2024. With an average price target of $95.33 between Canaccord Genuity, TD Cowen, and Benchmark, there's an implied 36.87% upside for Block Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
05/03/2024 | SQ | Buy Now | Block | $69.65 | 36.4% | Canaccord Genuity | Joseph Vafi | $95 → $95 | Maintains | Buy | Get Alert |
05/03/2024 | SQ | Buy Now | Block | $69.65 | 32.09% | TD Cowen | Bryan Bergin | $90 → $92 | Maintains | Buy | Get Alert |
05/03/2024 | SQ | Buy Now | Block | $69.65 | 42.14% | Benchmark | Mark Palmer | → $99 | Reiterates | Buy → Buy | Get Alert |
05/03/2024 | SQ | Buy Now | Block | $69.65 | 29.22% | Wedbush | Moshe Katri | → $90 | Reiterates | Outperform → Outperform | Get Alert |
05/03/2024 | SQ | Buy Now | Block | $69.65 | 50.75% | Needham | Mayank Tandon | $95 → $105 | Maintains | Buy | Get Alert |
05/03/2024 | SQ | Buy Now | Block | $69.65 | 43.58% | Baird | David Koning | $98 → $100 | Maintains | Outperform | Get Alert |
05/02/2024 | SQ | Buy Now | Block | $69.65 | — | Monness, Crespi, Hardt | Gus Gala | — | Downgrade | Buy → Neutral | Get Alert |
04/22/2024 | SQ | Buy Now | Block | $69.65 | 43.58% | Susquehanna | James Friedman | $100 → $100 | Maintains | Positive | Get Alert |
04/19/2024 | SQ | Buy Now | Block | $69.65 | 40.7% | Baird | David Koning | $95 → $98 | Maintains | Outperform | Get Alert |
04/11/2024 | SQ | Buy Now | Block | $69.65 | 43.58% | Wolfe Research | Darrin Peller | $95 → $100 | Maintains | Outperform | Get Alert |
04/10/2024 | SQ | Buy Now | Block | $69.65 | 52.19% | Mizuho | Dan Dolev | $99 → $106 | Maintains | Buy | Get Alert |
04/04/2024 | SQ | Buy Now | Block | $69.65 | 42.14% | Benchmark | Mark Palmer | $89 → $99 | Maintains | Buy | Get Alert |
04/04/2024 | SQ | Buy Now | Block | $69.65 | -13.85% | Morgan Stanley | James Faucette | $62 → $60 | Downgrade | Equal-Weight → Underweight | Get Alert |
03/27/2024 | SQ | Buy Now | Block | $69.65 | 42.14% | Mizuho | Dan Dolev | $99 → $99 | Maintains | Buy | Get Alert |
03/27/2024 | SQ | Buy Now | Block | $69.65 | 36.4% | Keybanc | Alex Markgraff | $80 → $95 | Maintains | Overweight | Get Alert |
03/26/2024 | SQ | Buy Now | Block | $69.65 | 7.68% | Evercore ISI Group | David Togut | $75 → $75 | Maintains | In-Line | Get Alert |
03/11/2024 | SQ | Buy Now | Block | $69.65 | 43.58% | Jefferies | Trevor Williams | $90 → $100 | Maintains | Buy | Get Alert |
02/26/2024 | SQ | Buy Now | Block | $69.65 | 23.47% | Citigroup | Peter Christiansen | $76 → $86 | Maintains | Buy | Get Alert |
02/26/2024 | SQ | Buy Now | Block | $69.65 | 36.4% | Canaccord Genuity | Joseph Vafi | $80 → $95 | Maintains | Buy | Get Alert |
The latest price target for Block (NYSE: SQ) was reported by Canaccord Genuity on May 3, 2024. The analyst firm set a price target for $95.00 expecting SQ to rise to within 12 months (a possible 36.40% upside). 73 analyst firms have reported ratings in the last year.
The latest analyst rating for Block (NYSE: SQ) was provided by Canaccord Genuity, and Block maintained their buy rating.
The last upgrade for Block Inc happened on February 23, 2024 when Wells Fargo raised their price target to $95. Wells Fargo previously had an equal-weight for Block Inc.
The last downgrade for Block Inc happened on May 2, 2024 when Monness, Crespi, Hardt changed their price target from N/A to N/A 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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.
While ratings are subjective and will change, the latest Block (SQ) rating was a maintained with a price target of $95.00 to $95.00. The current price Block (SQ) is trading at is $69.65, which is out of the analyst’s predicted range.
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