Professional
Added to YB: 2025-01-17
Pitch date: 2025-01-16
SQ [bullish]
Block, Inc.
-26.41%
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
$87.00
Price Target
110.00 (+70%)
Dividend
N/A
EV/EBITDA
21.22
P/E
12.40
EV/Sales
1.54
Sector
Financial Services
Category
N/A
Block, Inc. Maintains $110 Price Target (Jefferies)
SQ: Buy rating, $110 PT. Compliance changes over 2 years likely already impacted Cash App MAUs. Settlement notes Nov '23 report on AML program, SQ responded with new controls in Dec '23. Lower volume limits for non-verified users also affecting MAU growth. P2P-only users now capped at $1.5k lifetime limit.
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