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: $27B [Q2] → $26.3B (-$684M) [Q3]
3% less first-time investments, than exits
New positions opened: 109 | Existing positions closed: 112
5% less repeat investments, than reductions
Existing positions increased: 330 | Existing positions reduced: 348
2% less funds holding
Funds holding: 977 [Q2] → 961 (-16) [Q3]
4.84% less ownership
Funds ownership: 75.2% [Q2] → 70.36% (-4.84%) [Q3]
17% less call options, than puts
Call options by funds: $1.28B | Put options by funds: $1.54B
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Wells Fargo Andrew Bauch 74% 1-year accuracy 29 / 39 met price target | $95 | Overweight Maintained | 16 Jan 2025 |
Citigroup Andrew Schmidt 75% 1-year accuracy 6 / 8 met price target | $108 | Buy Maintained | 14 Jan 2025 |
Keefe, Bruyette & Woods Vasundhara Govil 57% 1-year accuracy 4 / 7 met price target | $100 | Market Perform Maintained | 6 Jan 2025 |
Raymond James John Davis 57% 1-year accuracy 4 / 7 met price target | $115 | Outperform Upgraded | 3 Jan 2025 |
Oppenheimer Rayna Kumar 74% 1-year accuracy 14 / 19 met price target | $115 | Outperform Upgraded | 19 Dec 2024 |
Financial journalist opinion
Based on 33 articles about SQ published over the past 30 days