What is William Blair’s Forecast for Block Q2 Earnings?

Block, Inc. (NYSE:SQ) – William Blair boosted their Q2 2025 EPS estimates for shares of Block in a research note issued to investors on Tuesday, January 7th. William Blair analyst A. Jeffrey now forecasts that the technology company will earn $0.71 per share for the quarter, up from their previous estimate of $0.70. William Blair has a “Outperform” rating on the stock. The consensus estimate for Block’s current full-year earnings is $1.73 per share.

A number of other research firms have also commented on SQ. Needham & Company LLC lifted their price target on shares of Block from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Monness Crespi & Hardt upgraded shares of Block from a “neutral” rating to a “buy” rating and set a $115.00 price target for the company in a report on Friday, December 13th. Canaccord Genuity Group increased their target price on Block from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. BMO Capital Markets downgraded shares of Block from an “outperform” rating to a “market perform” rating and lifted their price target for the stock from $94.00 to $100.00 in a research note on Monday, November 25th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $88.00 price objective on shares of Block in a report on Monday, October 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and twenty-seven have issued a buy rating to the stock. According to MarketBeat, Block presently has a consensus rating of “Moderate Buy” and an average price target of $96.77.

Block Price Performance

Shares of NYSE:SQ opened at $86.61 on Friday. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.26. The firm has a market cap of $53.68 billion, a price-to-earnings ratio of 48.66, a P/E/G ratio of 1.23 and a beta of 2.51. The business has a fifty day simple moving average of $88.39 and a 200 day simple moving average of $73.83. Block has a 1 year low of $55.00 and a 1 year high of $99.26.

Hedge Funds Weigh In On Block

A number of hedge funds have recently made changes to their positions in the stock. Insight Wealth Strategies LLC acquired a new position in Block in the fourth quarter valued at $3,917,000. Nordea Investment Management AB grew its holdings in Block by 5.6% in the fourth quarter. Nordea Investment Management AB now owns 43,167 shares of the technology company’s stock worth $3,727,000 after purchasing an additional 2,305 shares during the period. Everence Capital Management Inc. bought a new stake in Block in the fourth quarter valued at $1,129,000. GAMMA Investing LLC boosted its position in shares of Block by 7.2% during the 4th quarter. GAMMA Investing LLC now owns 2,493 shares of the technology company’s stock worth $212,000 after purchasing an additional 168 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of Block by 67.7% in the 4th quarter. Versant Capital Management Inc now owns 394 shares of the technology company’s stock valued at $33,000 after buying an additional 159 shares during the period. 70.44% of the stock is currently owned by institutional investors.

Insider Transactions at Block

In related news, insider Owen Britton Jennings sold 2,836 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $89.38, for a total value of $253,481.68. Following the completion of the transaction, the insider now owns 195,449 shares in the company, valued at $17,469,231.62. This trade represents a 1.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Ajmere Dale sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00. Following the completion of the transaction, the chief accounting officer now owns 88,791 shares of the company’s stock, valued at approximately $7,103,280. This trade represents a 1.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,981 shares of company stock worth $2,681,185 over the last quarter. Company insiders own 10.49% of the company’s stock.

About Block

Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.