Where Will Block Stock Be in 1 Year?
Block (NYSE: SQ), in its original iteration as Square, was an investor's dream. It offered innovative, disruptive technology for businesses, and it followed up an enticing premise with new products and services that met its customers' needs. Investors poured in, and the stock had soared more than 2,000% by the time it reached its highs in 2021. It has since come crashing down, and it's now trading 74% off its highs.
Let's see how things are going at Block, and where it might be a year from now.
Block is still reporting growth from its two "ecosystems": the Square sellers business, and the Cash App personal finance app.
Source Fool.com
Square Inc. Stock
€55.60
-0.840%
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 hugely positive potential of 52.88% for Square Inc. compared to the current price of 55.6 €.
