Stock of the week: "Block Inc"

This week, we consider Block Inc as “our stock of the week”.

Block, Inc. is an American multinational technology conglomerate founded in 2009 by Jack Dorsey and Jim McKelvey. Since its founding, Block Inc is growing among the market leaders in fintech and operates through the following products: Square, Cash App, TIDAL, Spiral and TBD54566975.

• Financial social media sentiment is positive, with a “low” attention buzz.

• Analysts' consensus rating is "buy" - out of the 46 bank analysts covering the company, 33 recommend buying the stock and 11 suggest holding it. Only 2 analysts recommend selling the stock. The upside potential of the stock price expected by the analysts on average over the next 6-12 months is currently 74.53% (reference close of business 02/09/2022)