Where Will Block Stock Be in 3 Years?
Block's (NYSE: SQ) stock has shed three quarters of its value during the past three years. The fintech stock was a market darling in 2021, but its luster faded as growth cooled and rising interest rates hurt its valuations.
Let's take a fresh look at Block to see if its shares will head higher or lower over the next three years.
Block splits its fintech business into two ecosystems: Square and the Cash App. Square provides digital payment, payroll, and analytics tools for merchants. It also sells point of sale (PoS) hardware for brick-and-mortar stores.
Source Fool.com
Square Inc. Stock
€64.00
-0.440%
Currently there is a rather positive sentiment for Square Inc. with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 85 € shows a positive potential of 32.81% compared to the current price of 64.0 € for Square Inc..
