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Block’s stock has suffered in a ‘dismal’ fintech market. But these new forecasts are drawing cheers.
The financial-technology sector has struggled to live up to its pandemic-era heyday, and that has meant some pain for Block investors recently. Heading into Wednesday, shares of Block had lost 12% ...
Block's share price performance seems to be stabilizing, albeit it is still a highly volatile stock. Recent quarters showed significant improvements in some key areas that I have been watching for ...
Block, Inc. has diversified business segments with strong revenue from Square and Cash App, despite slowing user growth from the latter. The stock is undervalued, trading at 12x trailing earnings, ...
Block has two excellent businesses in Square for sellers and Cash App for individuals. It has pivoted to a focus on Bitcoin, which has strong implications for the company's financial statements. Block ...
Raymond James analyst John Davis upgraded Block (SQ) to Outperform from Market Perform with a $115 price target The firm says its “deep dive” into the building blocks of Seller gross payment volume ...
Shares of Block plunged 18% on Friday, their worst day since 2020. The sell-off followed fourth-quarter earnings that missed expectations. The company faces increased competition in the point-of-sale ...
Investors with a lot of money to spend have taken a bearish stance on Block (NYSE:XYZ). And retail traders should know. We noticed this today when the trades showed up on publicly available options ...
Block's stock has suffered in a 'dismal' fintech market. But these new forecasts are drawing cheers.
The parent company of Square and Cash App offered an upbeat long-term earnings outlook at its first investor day since 2022 Block operates the Square business, which sells payment technology to ...
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