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

Block, Inc. (NYSE:SQ) – Equities research analysts at William Blair boosted their FY2025 earnings per share (EPS) estimates for Block in a report released on Tuesday, September 3rd. William Blair analyst A. Jeffrey now expects that the technology company will post earnings per share of $2.64 for the year, up from their previous forecast of $2.63. William Blair 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.

Block (NYSE:SQ) last released its earnings results on Thursday, August 1st. The technology company reported $0.93 earnings per share 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 firm 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 firm posted $0.40 earnings per share. The company’s quarterly revenue was up 11.2% on a year-over-year basis.

SQ has been the topic of a number of other research reports. Keefe, Bruyette & Woods dropped their price target on Block from $82.00 to $74.00 and set a “market perform” rating on the stock in a research report on Monday, July 8th. Benchmark reaffirmed a “buy” rating and set a $99.00 price target on shares of Block in a research report on Friday, August 2nd. Wells Fargo & Company dropped their price target on Block from $95.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, August 2nd. UBS Group dropped their target price on Block from $100.00 to $92.00 and set a “buy” rating on the stock in a research report on Tuesday, August 27th. Finally, Morgan Stanley dropped their target price on Block from $60.00 to $55.00 and set an “underweight” rating on the stock in a research report on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $87.52.

Block Trading Down 5.2 %

NYSE:SQ opened at $61.25 on Thursday. The firm has a market capitalization of $37.71 billion, a price-to-earnings ratio of 79.55, a PEG ratio of 1.16 and a beta of 2.49. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.26. The business’s 50-day moving average price is $64.28 and its two-hundred day moving average price is $69.70. Block has a 1-year low of $38.85 and a 1-year high of $87.52.

Institutional Investors Weigh In On Block

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new stake in Block during the 2nd quarter worth $3,145,000. Coronation Fund Managers Ltd. bought a new stake in shares of Block in the 2nd quarter valued at about $7,532,000. SRN Advisors LLC grew its position in shares of Block by 25.6% in the 2nd quarter. SRN Advisors LLC now owns 25,716 shares of the technology company’s stock valued at $1,658,000 after buying an additional 5,248 shares during the last quarter. New Century Financial Group LLC grew its position in shares of Block by 28.4% in the 2nd quarter. New Century Financial Group LLC now owns 17,026 shares of the technology company’s stock valued at $1,098,000 after buying an additional 3,769 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in shares of Block in the 2nd quarter valued at about $5,616,000. Institutional investors own 70.44% of the company’s stock.

Insider Buying and Selling at Block

In other Block news, CAO Ajmere Dale sold 471 shares of Block 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 completion of the transaction, the chief accounting officer now directly owns 92,866 shares of the company’s stock, valued at approximately $5,977,784.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Amrita Ahuja sold 5,277 shares of the business’s stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $64.13, for a total transaction of $338,414.01. Following the completion of the transaction, the chief financial officer now owns 274,410 shares of the company’s stock, valued at approximately $17,597,913.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Ajmere Dale sold 471 shares of the business’s 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 transaction, the chief accounting officer now directly owns 92,866 shares of the company’s stock, valued at approximately $5,977,784.42. The disclosure for this sale can be found here. Insiders sold 28,179 shares of company stock valued at $1,833,962 in the last three months. Corporate insiders own 10.49% of the company’s stock.

Block Company Profile

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.