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Block, Inc (SQ3) Fair Value & Analysis

Technology · DE · Market cap €39.0B

BI Block, Inc SQ3 · XETRA
Price€63.70
Fair Value€73.04
Upside+14.7%
Quality61/100
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Evidence: High Range €50.84 – €95.23

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 11 days ago

Share price +13.5% over the past month.

Price vs Fair Value (12 months)

€65.58 €38.77 Fair Value €73.04 Jul 2025 Jul 2026

12‑month range €38.77 – €65.58 · fair‑value band €50.84 – €95.23 · the €63.70 price screens below the €73.04 fair value. As of Jun 24, 2026.

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Analysis

Block, Inc (SQ3) currently trades at €63.70, while our model-based Fair Value estimate is €73.04 — implying the stock looks roughly 14.7% undervalued today. We read business quality at 61/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Block, Inc generated revenue of €24.5B at a net margin of 3.3%. Revenue grew 4.9% year over year. It earns a return on equity of 3.7%. Net debt stands at €504M. Fundamentals as of Jun 24, 2026

Our scenario range runs from €50.84 (bear case) to €95.23 (bull case); at €63.70, the current price sits within that range. The share trades about 12% below its 52-week high and 54% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside — at 15%, SQ3 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) €24.5B
Revenue growth (YoY) +4.9%
Net margin 3.3%
Return on equity 3.7%
Free cash flow €2.4B FY2025
P/E ratio 59.6
More key figures
Operating margin -2.6%
EPS (TTM) €1.10
EPS growth (YoY) -93.9%
Net debt €504M FY2022

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. The Square segment offers managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. It also offers Square Handheld, a portable point-of sale device for transaction purposes. The Cash App segment offers financial tools, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; Cash App Pay, mobile-friendly way for cash app customers to pay at merchants across online and in-person channels; direct deposit, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Block, Inc reported revenue of €24.2B in FY2025 versus €17.7B in FY2021, a compound +8.2%/yr. Reported net income was €1.3B in FY2025, compounding +67.4%/yr from FY2021.

Revenue +8.2%/yr
FY21 €17.7B
FY22 €17.5B
FY23 €21.9B
FY24 €24.1B
FY25 €24.2B
Net income +67.4%/yr
FY21 €166M
FY22 −€541M
FY23 €9.8M
FY24 €2.9B
FY25 €1.3B

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Cite: Fair Value Calculator (2026). "Block, Inc Fair Value". https://www.fairvalue-calculator.com/stock/SQ3

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Frequently asked questions

Is Block, Inc (SQ3) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €73.04 versus a price of €63.70 — about +15% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SQ3?
Our model-based fair value for Block, Inc is €73.04 (as of Jun 24, 2026), built from audited fundamentals. The current price is €63.70.
What is the quality score of SQ3?
Block, Inc has a Quality Score of 61/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Block, Inc (SQ3)?
Block, Inc reported trailing-twelve-month revenue of about €24.5B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SQ3?
The net profit margin of Block, Inc is about 3.3%, meaning it keeps roughly 3.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.