Goldman Sachs analyst Will Nance reiterated a Buy rating on Block, Inc. (NYSE:SQ) with a price target of $102. The analyst said that he hosted a call with Block investor relations, and the company remains committed to achieving Rule of 40 performance by 2026, with mid-teens gross profit growth, margin expansion, and GPV acceleration expected in 2025. SQ’s stock has surged post-election, benefiting from SMB exposure, pro-cyclical trends, deregulation, and crypto market involvement, alongside a pr

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

Investing.com -- Oppenheimer analysts hiked their Block Inc (NYSE:SQ) stock rating to Outperform from Perform and set a new price target of $115, suggesting a 32% upside potential from the Wednesday closing price.

We recently published a list of 10 Companies Hoarding Bitcoin Like There’s No Tomorrow. In this article, we are going to take a look at where Block, Inc. (NYSE:SQ) stands against other companies hoarding bitcoin like there’s no tomorrow. Cryptocurrencies have been surging since the beginning of the year. After a small drop in January, […]

Investing.com -- Block Inc (NYSE:SQ), formerly known as Square, is a new best idea at Bernstein. In a Wednesday note, the investment firm highlighted several catalysts that could drive the company's growth through 2025.

OAKLAND, Calif., December 18, 2024--Today, Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers run their businesses with ease.

Barclays raised the firm’s price target on Block (SQ) to $112 from $100 and keeps an Overweight rating on the shares. The firm says sector financial technology sentiment “is finally improving” heading into 2025, as valuations appear to be trending back toward average historical levels. As we enter 2025, investors appear to be generally more constructive on fintech names, the analyst tells investors in a research note. Barclays tells investors to “play stocks whose moves are only half finished.”

We recently compiled a list of the 10 Best Digital Currency and Payments Stocks To Invest In. In this article, we are going to take a look at where Block Inc. (NYSE:SQ) stands against the other digital currency and payments stocks. The Digital Payment Revolution: Growth Trends and Insights The digital currency and payments sector […]

Investors are likely familiar with Block (NYSE: SQ), the budding payments and technology enterprise. It caters to merchants with its Square platform, while Cash App targets individuals. Investors looking to invest in Block while it's still down should know these three things first.

LexisNexis Risk Solutions Vice President of Credit Risk Kevin King joins Wealth to discuss the rising trend of buy now, pay later (BNPL) platforms. King notes that BNPL platforms are "changing the way consumers are thinking about credit" by "creating more affordable rates" for retail purchases. However, he cautions that this approach may be "doing some harm in terms of encouraging unsustainable purchasing habits," potentially allowing consumers to "get in over their heads very quickly." LexisNexis data reveals a 20% increase in BNPL usage from November 2023 to November 2024, with the growth primarily accelerating during the Black Friday/Cyber Monday weekend. Notably, this expansion is not driven by new users, but instead by existing customers. King points out 94% of the growth comes from consumers who wanted "to find more and more ways to leverage that financial tool." "It's clear that once consumers develop an affinity and familiarity with these tools, they're using them again and again, retail season or not," he tells Yahoo Finance, noting that there has been a rise in grocery and auto purchases on these platforms. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

We recently published a list of 10 Best Bitcoin and Blockchain Stocks To Buy Right Now. In this article, we are going to take a look at where Block, Inc. (NYSE:SQ) stands against other best bitcoin and blockchain stocks to buy. Crypto Market Updates: Where is Bitcoin Heading? While Donald Trump had revealed his plans […]

As the U.S. stock market takes a breather from its recent rally, investors are keenly watching for the upcoming jobs report and its potential impact on future economic policies. In this environment, growth companies with high insider ownership can be particularly appealing, as they often align management's interests with those of shareholders, potentially offering resilience and commitment in uncertain times.

Nvidia stock continues to float near its buy zone as Disney sets up. But Credo Technology is the real star of this breakout show.

Cyber Monday spending via buy now, pay later hit a record in the U.S., which could further fuel investor hype for these digital payments.

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO, December 03, 2024--Over the Black Friday and Cyber Monday weekend, sellers using Block’s ecosystem of commerce tools broke records with 144 million Block consumer transactions globally, a 17% increase from last year.* With over 1 in 3 shoppers more stressed about holiday shopping this year compared to last, customers all around the world turned out in droves for the mega discounting weekend to save on gifts, shopping both online and in-store and driving incr

Block (SQ) shares are rallying after Bernstein analyst Harshita Rawat raised the company's price target to a Wall Street high of $120, up from $90 per share. The firm designated Block as their "best new idea," citing continued growth momentum in both Block's core business and its Cash App platform. Market Domination Co-hosts Julie Hyman and Josh Lipton break down the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith

Yahoo Finance Special Reporter Akiko Fujita dives into three top market stories. Bernstein has raised its price target for Block (SQ) (formerly Square) to $120, designating it as the firm's "new best idea." The upgrade is based on expectations of strong profitability growth for the fintech company. Super Micro Computer's (SMCI) stock is gaining momentum following the results of an independent review that found no evidence of misconduct at the server provider. This development comes as its accountant resigned citing transparency concerns. Meanwhile, dating app company Bumble (BMBL) has announced that CFO Anu Subramanian will step down from her position in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Block (NYSE: SQ) might be making a name for itself in the financial services industry. Block's management team has been working to find ways to further strengthen the connection between Square and Cash App, likely as part of an effort to create a more powerful and independent payments system. The ideal transaction for Block is probably when a Cash App consumer purchases something from a Square merchant.

Technical patterns don't only measure prices, they measure belief.