Block said it now expects gross profit to hit about $15.8 billion in 2028, with mid‑teens annual growth for the next three years. The company laid out these targets at its first investor day since ...
Block Inc. (NYSE: SQ), formerly Square, has emerged as a major player in the financial technology sector, disrupting traditional models with its innovative solutions for payments, commerce and ...
Block Inc. (NYSE: XYZ) is rated SELL due to overvaluation, low-quality revenue growth, limited sustainable growth, and volatile profitability. XYZ's revenue growth is heavily reliant on Bitcoin, which ...
Block (NYSE:XYZ) stock surged 11% in Thursday after-hours trading after the company boosted its guidance for full-year gross profit and issued a strong Q3 gross profit outlook. Its Q2 gross payment ...
Payments company Block (SQ) reported fourth quarter results after Thursday’s close that beat Wall Street expectations on the top line but missed on earnings. Consumer spending for the company remained ...
Block operates a diverse digital financial ecosystem. Its main products are Square (a suite of commerce tools and payments services for businesses) and Cash App (a mobile app offering banking, ...
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its posting lower than projected gross profits during the first quarter, the ...
Analyst Mark Palmer downgraded the rating from Buy to Hold. Cash App generated gross profits of $1.38 billion, missing Street estimate of $1.42 billion, which contributed to "Block's shortfalls on ...