What's Going On With Block Inc Stock?
What's Going On With Block Inc Stock?
Block, Inc. (NYSE:SQ) shares are trading higher Tuesday higher after B of A Securities maintained its Buy rating on the stock.
Block, Inc. (NYSE: SQ) 股價週二走高，此前B of A Securities維持對該股的買入評級。
What To Know:
要知道什麼：
B of A Securities maintained its Buy rating and $71 price objective on Square stock, noting shares are down 46% to near all-time lows since the end of July.
B of A Securities維持對Square股票的買入評級和71美元的目標股價，並指出自7月底以來，該股下跌了46％，接近歷史低點。
Analyst Jason Kupferberg attributed the "unjustified pullback" to a rotation out of growth, investor positioning, Cash App deceleration and questions regarding Square.
分析師傑森·庫普弗伯格將 “不合理的回調” 歸因於增長的輪換、投資者定位、Cash App的減速以及有關Square的問題。
The analyst also said opex discipline could help drive a raise in adjusted EBITDA guidance for 2023.
這位分析師還表示，運營支出紀律可能有助於推動調整後的2023年息稅折舊攤銷前利潤預期的上調。
Shares of SQ are moving on heavy trading volume Tuesday. According to data from Benzinga Pro, more than 9.7 million shares have already been traded in the session, compared to the stock's 100-day average of 10.279 million shares.
週二，SQ股價因交易量龐大而走勢。根據Benzinga Pro的數據，該交易日已經交易了超過970萬股，而該股的100天平均交易量爲1,027.9萬股。
Block is set to announce its third-quarter financial results on Nov. 2 and will also host a conference call and earnings webcast at 5:00 p.m. ET the same day to discuss the results. According to estimates from Benzinga Pro, the company is expected to announce earnings of 43 cents per share and quarterly revenue of $5.402 billion.
Block定於11月2日公佈其第三季度財務業績，並將在美國東部時間當天下午 5:00 主持電話會議和業績網絡直播，討論業績。根據Benzinga Pro的估計，該公司預計將宣佈每股收益爲43美分，季度收入爲54.02億美元。
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SQ Price Action: According to Benzinga Pro, Block Inc. shares are up 4.7% at $45.78 at the time of publication.
SQ 價格走勢： 根據Benzinga Pro的數據，截至發佈時，Block Inc.的股價上漲了4.7％，至45.78美元。
Image: Gerd Altmann from Pixabay
圖片：來自 Pixabay 的 Gerd Altmann
譯文內容由第三人軟體翻譯。