Block
About: Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2023, Square's payment volume was a little over $200 million.
Employees: 12,985
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 24 [Q2] → 24 (+0) [Q3]
3% less capital invested
Capital invested by funds: $26B [Q2] → $25.2B (-$799M) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 345
2% less funds holding
Funds holding: 974 [Q2] → 954 (-20) [Q3]
5.04% less ownership
Funds ownership: 72.53% [Q2] → 67.49% (-5.04%) [Q3]
15% less first-time investments, than exits
New positions opened: 111 | Existing positions closed: 131
17% less call options, than puts
Call options by funds: $1.28B | Put options by funds: $1.53B
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Exane BNP Paribas Alex Faure 0 / 0 met price target | 2%downside $88 | Neutral Downgraded | 20 Nov 2024 |
Canaccord Genuity Joseph Vafi 74% 1-year accuracy 56 / 76 met price target | 34%upside $120 | Buy Maintained | 12 Nov 2024 |
Piper Sandler Arvind Ramnani 71% 1-year accuracy 34 / 48 met price target | 7%downside $83 | Overweight Assumed | 11 Nov 2024 |
Keefe, Bruyette & Woods Vasundhara Govil 80% 1-year accuracy 4 / 5 met price target | 11%downside $80 | Market Perform Maintained | 8 Nov 2024 |
Needham Mayank Tandon 65% 1-year accuracy 63 / 97 met price target | 0%upside $90 | Buy Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 50 articles about SQ published over the past 30 days
