# Block, Inc. – Consensus ‘buy’ rating and 11.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/block-inc.consensus-buy-rating-and-11.6-upside-potential/4121134787
- Published: 2023-12-01T12:22:40+00:00
- Author: Charlotte Edwards

**Block, Inc.** with ticker code (SQ) now have 40 analysts in total covering the
stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges
between $100.00 and $35.00 calculating the mean target price we have $71.11. Given
that the stocks previous close was at $63.73 this now indicates there is a potential
upside of 11.6%. It’s also worth noting that there is a 50 day moving average of
$48.12 and the 200 moving average now moves to $61.23. The company has a market 
cap of 38.95B. The current share price for the company is: $63.43 USD

 The potential market cap would be $43,462,592,247 based on the market consensus.

The company has a dividend yield of 2.42%. Other points of data to note are a P/
E ratio of -, revenue per share of $34.38 and a -0.69% return on assets.

Block, Inc. is focused on creating ecosystems for distinct customer audiences. The
Company operates through two segments: Square and Cash App. The Square segment enables
businesses (sellers) to accept card payments, which provides products and services
to help its sellers start, run, and grow their businesses. It combines software,
hardware, and financial services to create products and services that are self-serve.
The Cash App segment provides an ecosystem of financial products and services to
help consumers manage their money. It provides an ecosystem of financial services
focused on helping consumers make their money go further by storing, sending, receiving,
spending, or investing their money with Cash App. The Company’s TIDAL is a global
platform for musicians and their fans that uses content, experiences, and features
to bring fans closer to artists. Its bitcoin ecosystem includes Spiral, an independent
team focused on contributing to bitcoin’s open-source work.

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