Block All Set To Report Earnings Today; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Block Inc SQ is scheduled to release its financial results for the latest quarter after the closing bell on Feb. 23, 2023.

Analysts expect the company to post quarterly earnings of $0.30 per share on revenue of $4.60 billion for the latest quarter

Block shares gained 1.4% to close at $72.94 on Wednesday and added 1.5% in after-hours trading.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Keybanc analyst Josh Beck maintained an Overweight rating and raised the price target from $90 to $100 on Feb. 22, 2023. This analyst sees around 37% upside in the company’s stock and has an accuracy rate of 75%.
• Morgan Stanley analyst James Faucette maintained an Equal-Weight rating on Feb. 21, 2023, and increased the price target from $66 to $67. This analyst sees around 8% downside in the company’s stock and has an accuracy rate of 68%.
• Barclays analyst Ramsey El-Assal maintained an Overweight rating and raised the price target from $100 to $103 on Jan. 23, 2023. This analyst sees around 41% upside in the company’s stock and has an accuracy rate of 54%.
• Truist Securities analyst Andrew Jeffrey maintained a Buy rating on Jan. 20, 2023, and raised the price target from $85 to $105. This analyst sees over 44% upside in the company’s stock and has an accuracy rate of 75%.
• Wells Fargo analyst Jeff Cantwell maintained an Overweight rating and cut the price target from $97 to $96 on Jan. 9, 2023. This analyst sees over 31% upside in the company’s stock and has an accuracy rate of 58%.

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