Research Analysts Issue Forecasts for Block Q2 Earnings

Block, Inc. (NYSE:SQ) – Research analysts at William Blair boosted their Q2 2025 earnings estimates for Block in a research report issued to clients and investors on Tuesday, January 7th. William Blair analyst A. Jeffrey now anticipates that the technology company will earn $0.71 per share for the quarter, up from their previous estimate of $0.70. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Block’s current full-year earnings is $1.73 per share.

Several other analysts have also recently commented on the company. BNP Paribas cut Block from an “outperform” rating to a “neutral” rating and set a $88.00 target price on the stock. in a research report on Wednesday, November 20th. Macquarie upped their price objective on shares of Block from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Canaccord Genuity Group boosted their price target on shares of Block from $95.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Needham & Company LLC raised their price objective on shares of Block from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Barclays upped their target price on Block from $100.00 to $112.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $96.77.

Block Price Performance

NYSE SQ opened at $82.66 on Friday. The company has a 50-day moving average price of $88.60 and a two-hundred day moving average price of $73.96. The stock has a market cap of $51.23 billion, a price-to-earnings ratio of 46.44, a price-to-earnings-growth ratio of 1.23 and a beta of 2.51. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.26. Block has a 52 week low of $55.00 and a 52 week high of $99.26.

Insider Activity

In other news, CFO Amrita Ahuja sold 1,502 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $86.52, for a total transaction of $129,953.04. Following the transaction, the chief financial officer now owns 242,199 shares in the company, valued at approximately $20,955,057.48. The trade was a 0.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Ajmere Dale sold 2,044 shares of Block stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $86.72, for a total value of $177,255.68. Following the sale, the chief accounting officer now directly owns 83,966 shares in the company, valued at approximately $7,281,531.52. This trade represents a 2.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,981 shares of company stock valued at $2,681,185 over the last 90 days. 10.49% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. National Bank of Canada FI increased its holdings in Block by 32.4% during the 2nd quarter. National Bank of Canada FI now owns 37,395 shares of the technology company’s stock valued at $2,384,000 after purchasing an additional 9,142 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Block during the second quarter valued at approximately $443,000. Quest Partners LLC raised its position in Block by 1,307.8% in the 2nd quarter. Quest Partners LLC now owns 8,095 shares of the technology company’s stock worth $522,000 after purchasing an additional 7,520 shares during the last quarter. Royal London Asset Management Ltd. lifted its holdings in Block by 2.4% during the 2nd quarter. Royal London Asset Management Ltd. now owns 218,839 shares of the technology company’s stock worth $14,113,000 after buying an additional 5,038 shares in the last quarter. Finally, LPL Financial LLC boosted its position in Block by 10.1% in the 2nd quarter. LPL Financial LLC now owns 526,501 shares of the technology company’s stock valued at $33,954,000 after buying an additional 48,107 shares during the last quarter. Institutional investors and hedge funds own 70.44% of the company’s stock.

About Block

Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.