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home / news releases / SQ - Block: Profitability Tailwinds, But The Stock Is Running Ahead Of Itself

SQ - Block: Profitability Tailwinds, But The Stock Is Running Ahead Of Itself

Square Inc. Class A

2025-01-09 13:09:06 ET

Summary

  • Block's recent share price rally could be sustained in the near-term, but the stock is not a Buy.
  • In spite of the profitability tailwinds and all the hype around bitcoin, the stock is priced at a significant premium.
  • The path towards high GAAP profitability remains elusive and long-term shareholders are taking too much risk at current levels.

After years of disappointing performance, Block, Inc. (NYSE: SQ ) share price has finally rewarded shareholders with above-market returns over the course of the past few months. ...

For further details see:

Block: Profitability Tailwinds, But The Stock Is Running Ahead Of Itself

Stock Information
Company Name: Square Inc. Class A
Stock Symbol: SQ
Market: NYSE
Website: block.xyz
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