Block Positioned For Margin Expansion And EPS Growth: Goldman Sachs Analyst
Analyst price target indicates confidence in SQ's growth and profitability, similar to past bullish forecasts.
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Analyst price target indicates confidence in SQ's growth and profitability, similar to past bullish forecasts.
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Goldman Sachs reiterates a Buy rating on Block, Inc. SQ at $102 target. Company aims for mid-teens gross profit growth and margin expansion by 2026. SQ benefits from SMB exposure and positive market trends post-election. Cash App shows strong growth potential, backed by go-to-market investments. Bull case anticipates GAAP EPS around $4.17, indicating strong fundamentals.
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