Fintel reports that on June 3, 2025, Evercore ISI Group upgraded their outlook for Block (WBAG:SQU) from In-Line to Outperform.
Analyst Price Forecast Suggests 9.57% Upside
As of June 2, 2025, the average one-year price target for Block is € 60,98/share. The forecasts range from a low of € 31,14 to a high of € 92,49. The average price target represents an increase of 9.57% from its latest reported closing price of € 55,65 / share.
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The projected annual revenue for Block is 27,352MM, an increase of 14.27%. The projected annual non-GAAP EPS is 3.27.
What is the Fund Sentiment?
There are 1,745 funds or institutions reporting positions in Block. This is an decrease of 108 owner(s) or 5.83% in the last quarter. Average portfolio weight of all funds dedicated to SQU is 0.32%, an increase of 5.73%. Total shares owned by institutions decreased in the last three months by 3.12% to 450,315K shares.
What are Other Shareholders Doing?
Price T Rowe Associates holds 26,922K shares representing 4.85% ownership of the company. In its prior filing, the firm reported owning 7,353K shares , representing an increase of 72.69%. The firm increased its portfolio allocation in SQU by 22.29% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 17,704K shares representing 3.19% ownership of the company. In its prior filing, the firm reported owning 17,548K shares , representing an increase of 0.88%. The firm decreased its portfolio allocation in SQU by 32.72% over the last quarter.
Baillie Gifford holds 12,553K shares representing 2.26% ownership of the company. In its prior filing, the firm reported owning 11,168K shares , representing an increase of 11.04%. The firm decreased its portfolio allocation in SQU by 69.12% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 12,048K shares representing 2.17% ownership of the company. In its prior filing, the firm reported owning 12,028K shares , representing an increase of 0.17%. The firm decreased its portfolio allocation in SQU by 35.36% over the last quarter.
Geode Capital Management holds 9,341K shares representing 1.68% ownership of the company. In its prior filing, the firm reported owning 8,882K shares , representing an increase of 4.91%. The firm decreased its portfolio allocation in SQU by 63.93% over the last quarter.
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