From Nasdaq: 2024-11-20 10:24:00

Block’s SQ Afterpay division is thriving in the BNPL market with strong partnerships, including Google Play. Consumer engagement is boosted by Afterpay, driving advertising revenue growth. SQ’s shares have outperformed the sector and industry, trading above moving averages. The company’s expansive partner base is a key catalyst for growth.

SQ’s comprehensive commerce ecosystem and Cash App partnerships are driving transaction revenues. The company’s GPV is increasing, with strong momentum in the Square ecosystem. SQ’s earnings estimates remain steady, with a growth trend expected. Despite overvaluation concerns, SQ’s performance and potential for growth remain strong.

Zacks’ research identifies a stock with the potential to double, highlighting an innovative financial firm poised for significant gains. With a growing customer base and cutting-edge solutions, this stock stands out for potential growth. Zacks Investment Research offers insights into top stocks set to double, including analyses of INTU, GOOGL, SQ, and LYFT.



Read more at Nasdaq: Can SQ’s Expanding Footprint in BNPL Domain Push the Stock Higher?