Piper Sandler double-upgrades Block stock to "Overweight" and raises its price target to $100. Here’s why the investment firm recommends buying XYZ shares at the current price.
Block's core businesses reside in two distinct ecosystems: Square and Cash App. Square is a hardware and software ecosystem that allows merchants to operate almost every aspect of their business, from ...
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 ...
Jack Dorsey is in reassembly mode at Block, the fintech company that owns the popular payment services Cash App and Square, as well as music streaming service Tidal. In a note to employees this week, ...
Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...
Block's chart below illustrates this. Revenue is way up, but the price-to-sales (P/S) ratio is way down. As of this writing, Block stock has dropped to a P/S ratio of just 1.5, which is objectively ...
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Square is piloting real-time bitcoin payments, letting attendees scan and spend crypto for T-shirts, hoodies, and hats at the BTC Inc. pop-up store. The rollout builds on Square’s “Bitcoin Conversions ...
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