Mizuho analyst Dan Dolev raised the firm’s price target on Block (SQ) to $110 from $94 and keeps an Outperform rating on the shares. The firm says that while several investors have expressed concern that Block’s initial 2025 guidance of at least 15% profit growth could be too aggressive, its analysis of the company’s three ecosystems suggests otherwise. Cash App excluding buy-now-pay-later can grow profits at a mid-teens rate, even if Block only adds 1M monthly active users and monetization rate

We recently published a list of Jim Cramer’s Latest Calls: 10 Stocks You Should Not Miss. In this article, we are going to take a look at where Block Inc (NYSE:SQ) stands against other Jim Cramer’s latest stock picks you shouldn’t miss. Jim Cramer in a latest program on CNBC talked about earnings results from some […]

Bullish investors on Affirm stock focus on its scale, transaction underwriting and partnerships amid fierce competition in the BNPL market.

The Consumer Financial Protection Bureau said Thursday it finalized a rule giving itself the authority to regulate big tech firms in much the same way the consumer watchdog oversees major banks. The largest payment apps now process over 13 billion consumer transactions annually, the CFPB said. The CFPB is trying to tackle its priorities before President-elect Trump takes office in January.

Exane BNP Paribas downgraded Block (SQ) to Neutral from Outperform with an $88 price target The company’s growth is slowing as the shares have rallied, the analyst tells investors in a research note. The firm cites its more cautious view of Cash App, “mild” downside risk to consensus estimates and the rally in the stock over the last month for the downgrade. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing

Block's expanding partner base and strong positioning in the digital payments industry are driving prospects despite stiff competition and stretched valuation.

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO, November 19, 2024--Afterpay, a leading Buy Now, Pay Later (BNPL), announced today its flexible payment functionality will be available for consumers checking out online through Google Pay at select merchants.

Walmart (WMT) shares are rising this morning after the retail giant reported third quarter earnings and revenue that topped expectations. The company also raised its full-year outlook. Yahoo Finance will speak with CFO John David Rainey at 9:15 a.m. ET. Super Micro Computer, Inc (SMCI). is building on its recent rally, jumping even higher this morning; the sharp moves come after the company filed a plan to avoid a possible Nasdaq delisting. Yahoo Finance trending tickers include Trump Media & Technology Group Corp. (DJT), XPeng (XPEV), and Block (SQ). Key guests include:9 a.m. ET - Michael O'Rourke, JonesTrading Chief Market Strategist10:15 a.m. ET - Oliver Chen, TD Cowen Senior Research Analyst10:30 a.m. ET - Mike Novogratz, Galaxy Digital CEO11:40 a.m. ET - Kate Monroe, VETCOMM CEO

We recently compiled a list of the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2024. In this article, we are going to take a look at where Block, Inc. (NYSE:SQ) stands against ARK Invest’s top stock picks for 2024. ARK Investment Management LLC, more commonly known as ARK Invest, is an American investment management […]

Shopify (SHOP) and Block (SQ) are two very different companies, yet both operate in the e-commerce and payments sectors, serving businesses in related ways. Over the past five years, their trajectories have been quite similar – both were major beneficiaries of pandemic tailwinds, only to face significant drawdowns as those effects faded. Using TipRanks’ Stock Comparison Tool, this article provides a closer look at the recent developments of both companies, including their latest Q3 earnings repo

OAKLAND, Calif., November 13, 2024--Today, Square released the latest edition of its Quarterly Restaurant Report, which uses data across Square’s food and beverage sellers to examine dining trends, along with shifts in consumer spending and restaurant wages.

We recently compiled a list of the 12 Best Cryptocurrency Stocks to Buy According to Wall Street. In this article, we are going to take a look at where Block, Inc. (NYSE:SQ) stands against the other cryptocurrency stocks. How’s the US Crypto Market Unfolding Post-Election? Post Donald Trump’s victory in the US presidential elections, the price […]

An analyst initiated coverage of Block following the company's third-quarter financial results.

Investing.com - Analysts at Piper Sandler have assumed coverage of shares of Block Inc (NYSE:SQ) with an Overweight rating and a $83 price target following the payment company’s Q3 results last week. On Monday, SQ shares were trading at $79.59, up 6.74% since Friday’s close.

As the U.S. stock market continues to rally post-election, with major indices like the Dow Jones and S&P 500 reaching record highs, investors are increasingly optimistic about potential opportunities. In such a buoyant market environment, identifying stocks that may be trading below their estimated value can offer unique investment prospects for those looking to capitalize on undervalued assets.

Block ( NYSE:SQ ) Third Quarter 2024 Results Key Financial Results Revenue: US$5.98b (up 6.4% from 3Q 2023). Net...

Block (SQ) shares are under pressure after the financial services company reported quarterly results that disappointed investors. Market Domination Hosts Julie Hyman and Josh Lipton examine the third quarter earnings print, the stock's movement, and reactions from analysts. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.

The Dow Jones rose Friday morning ahead of an inflation survey. DraftKings stock rallied on earnings results.

Block Inc (SQ) reports a 19% increase in gross profit and raises full-year guidance, while navigating regulatory challenges and user growth dynamics.