Block, Inc. to Post FY2025 Earnings of $2.64 Per Share, William Blair Forecasts (NYSE:SQ)

Block, Inc. (NYSE:SQ) – Research analysts at William Blair boosted their FY2025 earnings per share estimates for shares of Block in a report released on Tuesday, September 3rd. William Blair analyst A. Jeffrey now expects that the technology company will earn $2.64 per share for the year, up from their previous forecast of $2.63. William Blair currently has a “Strong-Buy” rating on the stock. The consensus estimate for Block’s current full-year earnings is $1.72 per share. William Blair also issued estimates for Block’s Q4 2025 earnings at $0.72 EPS.

A number of other research analysts also recently weighed in on the company. Benchmark reaffirmed a “buy” rating and set a $99.00 price target on shares of Block in a research note on Friday, August 2nd. BMO Capital Markets increased their price objective on Block from $92.00 to $93.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on Block from $90.00 to $98.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Wells Fargo & Company lowered their price objective on Block from $95.00 to $85.00 and set an “overweight” rating for the company in a research note on Friday, August 2nd. Finally, Susquehanna reissued a “positive” rating and issued a $100.00 price objective on shares of Block in a research note on Wednesday, June 26th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Block has an average rating of “Moderate Buy” and a consensus target price of $87.52.

Block Stock Down 5.2 %

Shares of Block stock opened at $61.25 on Thursday. Block has a one year low of $38.85 and a one year high of $87.52. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.82 and a quick ratio of 1.82. The stock’s 50-day moving average is $64.28 and its 200 day moving average is $69.70. The firm has a market cap of $37.71 billion, a price-to-earnings ratio of 79.55, a PEG ratio of 1.16 and a beta of 2.49.

Block (NYSE:SQ) last announced its earnings results on Thursday, August 1st. The technology company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.84 by $0.09. Block had a return on equity of 3.77% and a net margin of 3.47%. The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.27 billion. During the same quarter in the prior year, the company earned $0.40 EPS. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year.

Insider Buying and Selling

In related news, CAO Ajmere Dale sold 471 shares of the stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $64.37, for a total value of $30,318.27. Following the sale, the chief accounting officer now owns 92,866 shares in the company, valued at $5,977,784.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Director Roelof Botha purchased 434,405 shares of the stock in a transaction on Tuesday, August 6th. The shares were acquired at an average price of $57.55 per share, for a total transaction of $25,000,007.75. Following the completion of the transaction, the director now directly owns 434,405 shares of the company’s stock, valued at approximately $25,000,007.75. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Ajmere Dale sold 471 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $64.37, for a total value of $30,318.27. Following the sale, the chief accounting officer now owns 92,866 shares in the company, valued at approximately $5,977,784.42. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,179 shares of company stock worth $1,833,962. Corporate insiders own 10.49% of the company’s stock.

Institutional Investors Weigh In On Block

A number of large investors have recently added to or reduced their stakes in SQ. Montag A & Associates Inc. increased its holdings in shares of Block by 843.2% in the fourth quarter. Montag A & Associates Inc. now owns 349 shares of the technology company’s stock worth $27,000 after buying an additional 312 shares during the period. Riverview Trust Co purchased a new position in shares of Block in the first quarter worth about $28,000. Tidemark LLC purchased a new position in shares of Block in the fourth quarter worth about $32,000. YHB Investment Advisors Inc. purchased a new position in shares of Block in the first quarter worth about $33,000. Finally, Vima LLC purchased a new position in shares of Block in the fourth quarter worth about $34,000. Hedge funds and other institutional investors 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.