Replies to post #496 on Block Inc (SQ)

[NewMoney]

That's probably a little aggressive, do you have a theory you would like to share? Or is that just a super long term target?

[Capt_Smith77]

Seriously, please think before posting.

No company will pay 100 BILLION for a company that processed 50 BILLION in transactions all of last year, where they get a small fraction of that in fees.

Sure, the company is growing at a very fast pace, but there's a lot of competition in this arena, and while they could see yearly revenues in the 3-5 BILLION range soon, the company stock already has some of this priced in.

The news about expanding their banking interests is intriguing, but it'll be a while before they're valued at anywhere near 100B. I like their chances, but do see them being bought out by one of the larger players for a premium, albeit much, much smaller than what's being thrown out there with the ridiculous estimates.