
Block Inc (XYZ) Stock Forecast & Price Target
Block Inc (XYZ) Analyst Ratings
Bulls say
Block has shown strong financial performance, with seller revenue (excluding Bitcoin) surpassing expectations due to enhanced gross payment volume (GPV) trends, particularly in the U.S. The company ended the fourth quarter of 2024 with a robust liquidity position of $10.7 billion, enabling significant investments, including a substantial buyback authorization. Furthermore, with anticipated economic improvements and strategic product launches, gross profit growth is projected to accelerate in fiscal year 2025, contributing to a positive outlook for the company's future performance.
Bears say
The financial outlook for Block is negatively influenced by a projected gross profit of $2.32 billion for 1Q, which falls short of the $2.39 billion consensus, indicating a year-over-year growth rate of only about 11%. Additionally, the performance of Cash App has shown weakness, with Monthly Active Users (MAUs) remaining flat year-over-year and user engagement lower than anticipated. Forecasts for FY25 indicate gross profit expectations of at least $10.22 billion, below the consensus of $10.28 billion, contributing to a broader sentiment of skepticism regarding the company's ability to achieve growth targets amidst increasing macroeconomic uncertainties and potential regulatory risks.
This aggregate rating is based on analysts' research of Block Inc and is not a guaranteed prediction by Public.com or investment advice.
Block Inc (XYZ) Analyst Forecast & Price Prediction
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