Professional
Added to YB: 2024-09-20
Pitch date: 2024-09-11
SQ [bullish]
Block, Inc.
+16.13%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
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
$45.3B
Pitch Price
$63.45
Price Target
90.00 (+22%)
Dividend
N/A
Sector
Financial Services
Category
value
Block, Inc.: Block Has Made Progress in Improving Profitability
SQ: Narrow moat niche player, not disruptor. Square biz moves upstream, 2/3 volume from >$125k GPV merchants. Cash App shows promise. FV $90, 25.7x 2024 earnings. 12% 5yr rev CAGR. Margins to improve (34% adj EBITDA, 11% GAAP op). Risks: macro sensitivity, profitability concerns, high pricing limits growth.
Read full article (8 min)