Cash App

Square Inc’s (NYSE: SQ) business model positions the company to sustain “elevated growth levels for multiple years,” according to Oppenheimer. The Square Analyst: Jed Kelly upgraded Square's stock from Perform to Outperform, while establishing the price target of $185....

Square Inc (NYSE: SQ) gained 9% on Wednesday after the company reported huge jumps in Cash App customers and revenue. Square released its second-quarter earnings a day early on Tuesday after they were leaked after the market close. Square reported adjusted EPS of 18 cents on $1.9 billion in...

Shares of Square Inc (NYSE: SQ) have gained around 28% year to date. Although the gradual reopening of the U.S. economy may be an incremental positive for brick-and-mortar merchants, small- and mid-sized companies have yet to witness a trough in churn, according to BofA Securities....

Square Inc (NYSE: SQ) shares are down more than 52% in the past month, but the stock got a much-needed Wall Street upgrade on Monday. The Square Analyst Evercore ISI analyst Rayna Kumar upgraded Square from Underperform to In Line, but cut her price target from $57 to $39. The Square Thesis Kumar...

Square Inc (NYSE: SQ) reported fourth-quarter results highlighted by an earnings beat and a bullish outlook of its Cash App. Square reported fourth-quarter cash earnings per share (CEPS) of 23 cents on total revenue of $1.31 billion versus expectations of 21 cents and $1.19 billion. Transaction-...

Esports company 100 Thieves, a project of the rapper Drake and former professional "Call of Duty" player Matthew “Nadeshot” Haag, has opened a training compound and headquarters in Los Angeles in hopes of gaining an advantage in competitive esports. The company rolled out...

An upcoming marketing effort and momentum in the instant payment space from its Cash App could mean Square Inc (NYSE: SQ) is set for a better 2020 than company officials are projecting, Macquarie said Tuesday. The Analyst Macquarie's Dan Dolev initiated coverage on Square with an Outperform...

Square Inc (NYSE: SQ) traded higher on Thursday after the company topped third-quarter EPS and revenue estimates and raised its full-year revenue and EPS guidance. The new EPS guidance range for the fourth quarter came up short of consensus analyst estimates. In addition to reporting earnings...

Hardly a month after moving to acquire an API broker, Square Inc (NYSE: SQ) announced the rollout of fractional stock trading services on its Cash App. What Happened Cash App has facilitated bitcoin purchases since 2017. Now it’s bringing expensive, otherwise inaccessible stocks within reach...

On a broad scale, the fintech space is both diversifying and growing quickly both nationally and beyond. The payments space specifically continues to reap new and innovative technology to aid in everyday money management. Ahead of the Benzinga Global Fintech Awards on Nov. 19 in New York City, the...

Square Inc (NYSE: SQ) is a lot more than a simple payment processor, in Guggenheim's view: the company's ever-expanding list of products and services makes it the analyst firm's "highest conviction name in fintech." The Analyst Guggenheim's Jeff Cantwell maintained a Buy...

Heading into Square Inc (NYSE: SQ)'s earnings report last Wednesday, Buckingham struggled with recommending the stock at an "astronomic" valuation of 57 times consensus 2020 EPS. Now that the stock is exiting a strong earnings report, the valuation "doesn't look as expensive...

Square Inc (NYSE: SQ) received some support from Street analysts Thursday as Credit Suisse turned bullish on the stock and Morgan Stanley lifted its price target. The Analysts Credit Suisse's Paul Condra upgraded Square from Neutral to Outperform with a price target lifted from $44 to $81...