Added to YB: 2024-05-10
Pitch date: 2024-05-06
SQ [bullish]
Block, Inc.
-11.43%
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
$73.11
Price Target
100.00 (+54%)
Dividend
N/A
EV/EBITDA
21.22
P/E
12.40
EV/Sales
1.54
Sector
Financial Services
Category
growth
Show full summary:
Jefferies' Bullish Outlook: Analyzing Raised Estimates and Buy Rating
SQ 1Q beat, FY raise. Cash App +25% on cash card & borrow. BNPL '24 focus. 2H spend on marketing, DD incentives to boost growth. Product fixes & sales to turn GPV tide. '25 acceleration likely. Estimates up, well above consensus '24/'25 EPS. PT $100 - Jefferies
Read full article (1 min)