Is Block Stock a Buy Right Now?

By Parkev Tatevosian, CFA – May 9, 2023 at 8:30AM

NYSE: SQ

Block

Market Cap

$46B

Today's Change

(-1.57%) -$1.18

Current Price

$74.03

Price as of April 24, 2024, 4:00 p.m. ET

Block reported its latest financial results that had major implications for investors.

Fool.com contributor and finance professor Parkev Tatevosian had a buy recommendation on Block (SQ -1.57%) stock before it reported earnings.

*Stock prices used were the afternoon prices of May 6, 2023. The video was published on May 8, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Block. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.