Professional
Added to YB: 2024-09-04
Pitch date: 2024-06-30
SQ [bullish]
Block, Inc.
+0.2%
current return
Author Info
No bio for this author
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
turnaround
Columbia Contrarian Core Fund Portfolio Holding: Block, Inc.
SQ: Negative sentiment despite CEO Dorsey's honesty on needed fixes. Reinvigorating Square with bold vision: vertically integrated commerce platform for sellers/consumers. Aiming for early-days growth rate, better tech. Cash App targeting primary bank for <$150k earners. Renewed focus on engineering, product innovation to regain market share.
Read full article (1 min)