Block Inc (SQ)

$74.03

-1.18

(-1.57%)▲

Market is closed - opens 7 PM, 25 Apr 2024

Insights on Block Inc

  • Increasing Revenue

    Revenue is up for the last 8 quarters, 3.96B → 5.77B (in $), with an average increase of 5.2% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 3 quarters, -122.50M → 178.07M (in $), with an average increase of 219.7% per quarter

  • Vs SHOP

    In the last 1 year, Shopify Inc. has given 59.3% return, outperforming this stock by 36.0%

  • Vs SHOP

    In the last 3 years, Block Inc has experienced a drawdown of -69.5%, however Shopify Inc. resisted the overall trend and outperformed by 36.8%

Performance

  • $73.57
    $76.05
    $74.03
    downward going graph

    0.62%

    Downside

    Day's Volatility :3.25%

    Upside

    2.65%

    downward going graph
  • $38.85
    $87.52
    $74.03
    downward going graph

    47.52%

    Downside

    52 Weeks Volatility :55.61%

    Upside

    15.41%

    downward going graph

Returns

PeriodBlock IncSector (Technology)Index (Russel 2000)
3 Months
20.2%
-3.4%
0.0%
6 Months
65.84%
20.7%
0.0%
1 Year
16.6%
36.9%
1.3%
3 Years
-70.59%
38.1%
-22.1%

Highlights

Market Capitalization
44.1B
Book Value
$30.36
Earnings Per Share (EPS)
0.02
PE Ratio
3580.0
PEG Ratio
0.87
Wall Street Target Price
90.58
Profit Margin
0.05%
Operating Margin TTM
1.17%
Return On Assets TTM
-0.15%
Return On Equity TTM
-0.12%
Revenue TTM
21.9B
Revenue Per Share TTM
35.99
Quarterly Revenue Growth YOY
24.099999999999998%
Gross Profit TTM
6.1B
EBITDA
255.1M
Diluted Eps TTM
0.02
Quarterly Earnings Growth YOY
-1.0
EPS Estimate Current Year
3.28
EPS Estimate Next Year
4.27
EPS Estimate Current Quarter
0.59
EPS Estimate Next Quarter
0.66

Analyst Recommendation

Buy
    69%Buy
    26%Hold
    3%Sell
Based on 56 Wall street analysts offering stock ratings for Block Inc(by analysts ranked 0 to 5 stars)
Based on 56 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
39
36
37
Hold
15
13
14
Sell
2
2
2

Analyst Forecast

What analysts predicted

Upside of 22.36%

Current $74.03
Target $90.58

Company Financials

FY18Y/Y Change
Revenue
3.3B
↑ 48.95%
Net Income
-38.5M
↓ 38.78%
Net Profit Margin
-1.17%
↑ 1.67%
FY19Y/Y Change
Revenue
4.7B
↑ 42.91%
Net Income
375.4M
↓ 1076.38%
Net Profit Margin
7.97%
↑ 9.14%
FY20Y/Y Change
Revenue
9.5B
↑ 101.5%
Net Income
213.1M
↓ 43.24%
Net Profit Margin
2.24%
↓ 5.73%
FY21Y/Y Change
Revenue
17.7B
↑ 85.95%
Net Income
166.3M
↓ 21.97%
Net Profit Margin
0.94%
↓ 1.3%
FY22Y/Y Change
Revenue
17.5B
↓ 0.73%
Net Income
-553.0M
↓ 432.57%
Net Profit Margin
-3.15%
↓ 4.09%
FY23Y/Y Change
Revenue
21.9B
↑ 25.01%
Net Income
9.8M
↓ 101.77%
Net Profit Margin
0.04%
↑ 3.19%
Q3 FY22Q/Q Change
Revenue
4.5B
↑ 2.52%
Net Income
-18.7M
↓ 91.04%
Net Profit Margin
-0.42%
↑ 4.33%
Q4 FY22Q/Q Change
Revenue
4.7B
↑ 3.0%
Net Income
-117.6M
↑ 527.51%
Net Profit Margin
-2.53%
↓ 2.11%
Q1 FY23Q/Q Change
Revenue
5.0B
↑ 7.29%
Net Income
-19.3M
↓ 83.57%
Net Profit Margin
-0.39%
↑ 2.14%
Q2 FY23Q/Q Change
Revenue
5.5B
↑ 10.92%
Net Income
-122.5M
↑ 533.89%
Net Profit Margin
-2.21%
↓ 1.82%
Q3 FY23Q/Q Change
Revenue
5.6B
↑ 1.49%
Net Income
-29.0M
↓ 76.37%
Net Profit Margin
-0.52%
↑ 1.69%
Q4 FY23Q/Q Change
Revenue
5.8B
↑ 2.77%
Net Income
178.1M
↓ 715.01%
Net Profit Margin
3.08%
↑ 3.6%
FY18Y/Y Change
Total Assets
3.3B
↑ 50.01%
Total Liabilities
2.2B
↑ 54.22%
FY19Y/Y Change
Total Assets
4.6B
↑ 38.71%
Total Liabilities
2.8B
↑ 31.27%
FY20Y/Y Change
Total Assets
9.9B
↑ 116.85%
Total Liabilities
7.2B
↑ 153.44%
FY21Y/Y Change
Total Assets
13.9B
↑ 41.1%
Total Liabilities
11.7B
↑ 62.95%
FY22Y/Y Change
Total Assets
31.4B
↑ 125.23%
Total Liabilities
14.1B
↑ 20.49%
FY23Y/Y Change
Total Assets
34.1B
↑ 8.63%
Total Liabilities
15.4B
↑ 8.96%
Q3 FY22Q/Q Change
Total Assets
29.1B
↑ 0.82%
Total Liabilities
12.6B
↑ 4.98%
Q4 FY22Q/Q Change
Total Assets
31.4B
↑ 7.7%
Total Liabilities
14.1B
↑ 12.09%
Q1 FY23Q/Q Change
Total Assets
31.3B
↓ 0.09%
Total Liabilities
13.9B
↓ 1.78%
Q2 FY23Q/Q Change
Total Assets
31.1B
↓ 0.83%
Total Liabilities
13.3B
↓ 4.01%
Q3 FY23Q/Q Change
Total Assets
32.6B
↑ 4.76%
Total Liabilities
14.7B
↑ 10.66%
Q4 FY23Q/Q Change
Total Assets
34.1B
↑ 4.65%
Total Liabilities
15.4B
↑ 4.43%
FY18Y/Y Change
Operating Cash Flow
295.1M
↑ 131.05%
Investing Cash Flow
-905.8M
↑ 165.95%
Financing Cash Flow
515.8M
↑ 13.37%
FY19Y/Y Change
Operating Cash Flow
465.7M
↑ 57.82%
Investing Cash Flow
95.2M
↓ 110.51%
Financing Cash Flow
243.4M
↓ 52.81%
FY20Y/Y Change
Operating Cash Flow
381.6M
↓ 18.06%
Investing Cash Flow
-606.6M
↓ 737.27%
Financing Cash Flow
3.7B
↑ 1410.57%
FY21Y/Y Change
Operating Cash Flow
847.8M
↑ 122.18%
Investing Cash Flow
-1.3B
↑ 116.09%
Financing Cash Flow
2.7B
↓ 27.87%
FY22Y/Y Change
Operating Cash Flow
175.9M
↓ 79.25%
Investing Cash Flow
1.2B
↓ 193.5%
Financing Cash Flow
97.6M
↓ 96.32%
Q3 FY22Q/Q Change
Operating Cash Flow
15.7M
↓ 113.73%
Investing Cash Flow
165.0M
↓ 21.32%
Financing Cash Flow
358.8M
↓ 232.08%
Q4 FY22Q/Q Change
Operating Cash Flow
45.4M
↑ 188.3%
Investing Cash Flow
1.2B
↑ 642.99%
Financing Cash Flow
979.0M
↑ 172.86%
Q1 FY23Q/Q Change
Operating Cash Flow
294.4M
↑ 548.9%
Investing Cash Flow
623.9M
↓ 49.1%
Financing Cash Flow
-9.1M
↓ 100.93%
Q2 FY23Q/Q Change
Operating Cash Flow
113.3M
↓ 61.51%
Investing Cash Flow
-45.0M
↓ 107.22%
Financing Cash Flow
-711.9M
↑ 7738.02%
Q3 FY23Q/Q Change
Operating Cash Flow
491.2M
↑ 333.44%
Investing Cash Flow
405.0M
↓ 999.43%
Financing Cash Flow
-319.6M
↓ 55.11%

Technicals Summary

Sell

Neutral

Buy

Block Inc is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Block Inc
Block Inc
-8.97%
65.84%
16.6%
-70.59%
4.47%
Shopify Inc.
Shopify Inc.
-5.62%
41.38%
54.12%
-36.53%
236.7%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Block Inc
Block Inc
3580.0
3580.0
0.87
3.28
0.0
0.0
NA
30.36
Shopify Inc.
Shopify Inc.
705.5
705.5
1.12
1.03
0.02
0.01
NA
7.05
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Block Inc
Block Inc
Buy
$44.1B
4.47%
3580.0
0.05%
Shopify Inc.
Shopify Inc.
Buy
$90.8B
236.7%
705.5
1.87%

Institutional Holdings

  • Vanguard Group Inc

    5.88%

  • BlackRock Inc

    5.63%

  • FMR Inc

    3.60%

  • Morgan Stanley - Brokerage Accounts

    2.94%

  • Sands Capital Management, LLC

    2.23%

  • Capital World Investors

    2.03%

Company Information

Square Inc., now known as Block Inc., is a digital payment and financial services company currently headquartered in San Francisco, California, USA. Founded in 2009 by Jack Dorsey and Jim McKelvey, the company was retitled on 10th December 2021 as Block Inc. The change in the title came after the rebranding of Facebook to Meta shortly after Jack Dorsey resigned as CEO of Twitter, the social networking and microblogging platform he founded. However, the small business payment products are still titled 'Square.' Square acquired a majority stake in Tidal on 1st December 2021, with Jay-Z joining the company's board. While Bitcoin has come to the limelight in recent years, Square Inc.’s Cash App allowed merchants to use bitcoin in the technology starting in 2017. In late 2017, announced a trial program allowing bitcoin trading for specific users. In 2018, it extended its bitcoin trading services to Wyoming, pushing its stock to an all-time high. Products and Services Some critical products and services offered by Block Inc. are: Square Reader: The company's first product enabled credit card payments by connecting the device to the mobile's audio jack. Due to security concerns raised by Verifone, the currently implemented technology is Verisign certified and Payment Card Industry Data Security Standard (PCI) compliant. IN August 2018, a newer version was released, allowing the technology to be used on iPhones without the headphone jack. Other Devices: This includes Square Stand turning Apple iPad to complete POS system, Bluetooth connected readers to accept contactless and chip payments, Square register, etc. Cash App: Earlier is known as Square Cash, it allowed money transfer from person to person through website and app Services: Square Inc. consistently expanded its service portfolio. It includes: Square Capital launched in 2014, providing business financing to merchants using Square. Square Payroll, launched in 2015, satisfies the payroll management needs of small business owners. It automatically handles payroll payments, tax filings, and business withholdings. Square Inc. allowed merchants to develop custom interfaces using Application Program Interface. Currently Block Inc has a market cap of $39.75 Billion. It has a P.E ratio of 4067.84. The shares of Block Inc are trading at $75.21. .

Organization
Block Inc
Employees
12985
CEO
Mr. Jack Dorsey
Industry
Technology Services

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