Should You Buy Block Stock While It's Below $70?
Block (NYSE: SQ) investors have had a difficult few years, with the stock falling more than 75% from its highs set in August 2021. With the stock so far down, investors who are bullish on Block might wonder if the stock is in value territory at recent prices under $70.
Let's look at a few things investors should consider when determining if they should buy Block shares at today's prices.
Block operates two main business es. One is its original namesake, Square, which was created to let merchants accept card payments from their smartphones or tablets. The business has evolved over the years, and Square now offers more than 30 software and hardware solutions to help retailers run their business.
Source Fool.com
Square Inc. Stock
€57.26
-1.000%
Square Inc. is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
With a target price of 85 € there is a positive potential of 48.45% for Square Inc. compared to the current price of 57.26 €.
