Fintel reports that on May 2, 2025, Wells Fargo downgraded their outlook for Block (XTRA:SQ3) from Overweight to Equal-Weight.
Analyst Price Forecast Suggests 47.16% Upside
As of April 24, 2025, the average one-year price target for Block is 75,73 €/share. The forecasts range from a low of 45,17 € to a high of 112,88 €. The average price target represents an increase of 47.16% from its latest reported closing price of 51,46 € / share.
See our leaderboard of companies with the largest price target upside.
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 1,813 funds or institutions reporting positions in Block. This is an increase of 126 owner(s) or 7.47% in the last quarter. Average portfolio weight of all funds dedicated to SQ3 is 0.34%, an increase of 105.68%. Total shares owned by institutions increased in the last three months by 4.68% to 458,094K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 17,548K shares representing 3.14% ownership of the company. In its prior filing, the firm reported owning 17,637K shares , representing a decrease of 0.51%. The firm increased its portfolio allocation in SQ3 by 24.14% over the last quarter.
Jpmorgan Chase holds 17,237K shares representing 3.08% ownership of the company. In its prior filing, the firm reported owning 15,888K shares , representing an increase of 7.82%. The firm increased its portfolio allocation in SQ3 by 34.59% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 12,028K shares representing 2.15% ownership of the company. In its prior filing, the firm reported owning 11,757K shares , representing an increase of 2.25%. The firm increased its portfolio allocation in SQ3 by 28.54% over the last quarter.
Baillie Gifford holds 11,168K shares representing 2.00% ownership of the company. In its prior filing, the firm reported owning 10,233K shares , representing an increase of 8.37%. The firm increased its portfolio allocation in SQ3 by 41.87% over the last quarter.
Sands Capital Management holds 10,340K shares representing 1.85% ownership of the company. In its prior filing, the firm reported owning 11,228K shares , representing a decrease of 8.59%. The firm increased its portfolio allocation in SQ3 by 13.67% over the last quarter.
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