Professional
Added to YB: 2024-08-20
Pitch date: 2024-06-30
SQ [bullish]
Block, Inc.
+0.2%
current return
Author Info
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Company Info
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally.
Market Cap
$37.7B
Pitch Price
$64.62
Price Target
N/A
Dividend
N/A
EV/EBITDA
21.22
P/E
12.40
EV/Sales
1.54
Sector
Financial Services
Category
growth
Show full summary:
Baron FinTech Fund Portfolio Holding: Block, Inc.
SQ: Block Q1 beat w/ 22% gross profit growth, 91% EBITDA growth. Q2 guide 16-17% GP growth disappointed. 2026 target: mid-teens GP growth, mid-20% op margin. Long-term potential w/ growth runway, competitive edge, innovative products. Stock down despite raised FY guidance.
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