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Block Inc has a consensus price target of $86.52 based on the ratings of 48 analysts. The high is $106 issued by Mizuho on April 10, 2024. The low is $46 issued by HSBC on October 13, 2023. The 3 most-recent analyst ratings were released by New Street Research, UBS, and Needham on September 9, 2024, August 27, 2024, and August 5, 2024, respectively. With an average price target of $80.67 between New Street Research, UBS, and Needham, there's an implied 19.58% upside for Block Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Block (NYSE:SQ) was reported by New Street Research on September 9, 2024. The analyst firm set a price target for $70.00 expecting SQ to rise to within 12 months (a possible 3.77% upside). 62 analyst firms have reported ratings in the last year.
The latest analyst rating for Block (NYSE:SQ) was provided by New Street Research, and Block initiated their neutral rating.
The last upgrade for Block Inc happened on July 18, 2024 when William Blair raised their price target to N/A. William Blair previously had a market perform for Block Inc.
The last downgrade for Block Inc happened on May 2, 2024 when Monness, Crespi, Hardt changed their price target from N/A to N/A for Block Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Block, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Block was filed on September 9, 2024 so you should expect the next rating to be made available sometime around September 9, 2025.
While ratings are subjective and will change, the latest Block (SQ) rating was a initiated with a price target of $0.00 to $70.00. The current price Block (SQ) is trading at is $67.46, which is within the analyst’s predicted range.
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