Block Forecasts Strong Profit Growth With Cash App & Square Integration
Block expects faster profit growth through 2028, driven by Cash App and Square integration, AI tools, and new product launches.
Block expects faster profit growth through 2028, driven by Cash App and Square integration, AI tools, and new product launches.
Truist upgrades Block from Sell to Hold with $68 price target, citing improved risk/reward after recent stock pullback and stronger Square segment momentum.
Block's Q3 earnings miss sends shares tumbling 10% as Square growth slows and adjusted EPS falls short of Wall Street estimates despite Cash App gains.