Block Inc

NYSE:SQUnited States

Yesterday

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• Block's Cash App Still Too Slow on Expanding Banking Features, Morgan Stanley Says, from 21 hours ago by MT Newswires

  21 hours ago by MT Newswires
  Companies Mentioned: SQ
  12:02 PM EST, 11/08/2024 (MT Newswires) -- Block's (SQ) mobile wallet service Cash App is still taking too long on expanding its banking features, Morgan Stanley said in a note Friday. "We've consistently said that Block needs to accelerate expansio...

• DJ Block Is Maintained at Market Perform by Keefe, Bruyette & Woods, from 21 hours ago by Dow Jones

  21 hours ago by Dow Jones
  Companies Mentioned: SQ
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/SQ/analyst-ratings
  
  (END) Dow Jones Newswires
  
  November 08, 2024 12:01 ET (17:01 GMT)
  

• DJ Block Stock Tumbles After Issuing Weak Guidance. The Case for Being Patient. -- Barrons.com, from 23 hours ago by Dow Jones

  23 hours ago by Dow Jones
  Companies Mentioned: SQ
  
  By Emily Dattilo
  
  Block offered disappointing guidance for its fourth quarter, but Wall Street isn't too concerned.
  
  Block, which operates through two segments -- Square and the Cash App -- said it expects gross profit to grow 14% from a year earlier in the fourth quarter. That is below the consensus estimate of 16.2%, according to BTIG analysts Andrew Harte and Thomas Smith.
  

• DJ Block Issues Weak Guidance. The Case for Being Patient. -- Barrons.com, from 9:01AM ET on Friday Nov 08, 2024 by Dow Jones

  9:01AM ET on Friday Nov 08, 2024 by Dow Jones
  Companies Mentioned: SQ
  
  By Emily Dattilo
  
  Block offered disappointing guidance for its fourth quarter, but Wall Street isn't too concerned.
  
  Block, which operates through two segments -- Square and the Cash App -- says it expects gross profit to grow 14% from a year earlier in the fourth quarter. That is below the consensus estimate of 16.2%, according to BTIG analysts Andrew Harte and Thomas Smith.
  

• Morgan Stanley Adjusts Block's Price Target to $60 From $55, Maintains Underweight Rating, from 8:11AM ET on Friday Nov 08, 2024 by MT Newswires

  8:11AM ET on Friday Nov 08, 2024 by MT Newswires
  Companies Mentioned: SQ
  08:11 AM EST, 11/08/2024 (MT Newswires) -- Block (SQ) has an average rating of outperform and price targets ranging from $40 to $100, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from major...