# Block, Inc. – Consensus ‘buy’ rating and 35.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/block-inc.consensus-buy-rating-and-35.6-upside-potential/4121165033
- Published: 2024-07-15T11:59:42+01:00
- Author: Charlotte Edwards

**Block, Inc.** with ticker code (SQ) now have 41 market analysts covering the stock.
The analyst consensus now points to a rating of ‘buy’. The target price High/Low
ranges between $106.00 and $40.00 with the average target price sitting at $90.14.
Given that the stocks previous close was at $66.49 this would imply there is now
a potential upside of 35.6%. Also worth taking note is the 50 day moving average
now sits at $66.58 and the 200 day moving average is $65.73. The market capitalization
for the company is 42.42B. The stock price for Occidental Petroleum Corporation 
is $68.74 USD

 The potential market cap would be $57,502,241,810 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 114.57, revenue per share of $37.37
and a 0.33% 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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