<p><strong>Block Inc. 纽约证券交易所：SQ</strong> 是一家专注于使商业和金融服务对企业和消费者更加可及的计算机和技术领域的金融科技（fintech）提供商。虽然该公司拥有许多协同和互补的产品和服务，但它有两个核心生态系统：Cash App 和 Square。</p>
<p>Block 与其他金融科技公司竞争，如 <strong>PayPal Holdings Inc. 纳斯达克：PYPL</strong>，<strong>Shopify Inc. 纽约证券交易所：SHOP</strong>，以及金融支付网络如 <strong>Visa Inc. 纽约证券交易所：V</strong> 和 <strong>Mastercard Inc. 纽约证券交易所：MA</strong>。</p>
<h2><strong>Cash App 生态系统收入增长 42% YoY</strong></h2>
<p>增长最快的生态系统是 Cash App，在过去两年平均增长了 42% YoY。这款以手机为主的全能应用平台为用户提供管理资金的工具。它提供即时的点对点支付，并作为一个电子钱包，可以存储现金和比特币，并接受直接存款。用户可以获得 Cash Card，这是一张与其 Cash App 余额关联的 Visa 借记卡，用于购物。Cash App 还为用户提供 Cash App Pay 和 Cash App Card 的独家折扣。</p>
<p>Cash App Card with Boost 包括来自 Square 商户网络中特定商家的即时折扣和返现奖励。Cash App 可用于零佣金交易和比特币投资。Cash App 还整合了 Afterpay 的 “买现付后”（BNPL）服务，使用户可以对符合条件的购买进行分期付款。</p>
<h2><strong>Afterpay 推动 Cash App Pay 交易量增长</strong></h2>
<p>Block CEO Jack Dorsey 指出，由于 Afterpay，Cash App Pay 是一个巨大的机会。“与去年同期相比，交易量增长了 7 倍以上，季度环比增长了 18%。推动增长的是我们的销售团队，以及 Afterpay 的企业销售团队。截至六月，Cash App Pay 活跃用户的规模已经超过了 Afterpay 美国活跃用户规模的 80%，而一年前不到 25%。”</p>
<h2><strong>Square 生态系统收入增长 15% YoY</strong></h2>
<p>Square 让中小型企业（SMBs）、商户和各种规模的个人卖家能够启动、运营和发展业务。Square 是一个成熟的生态系统，在过去两年增长了 15% YoY。Square 提供电子商务和销售点（POS）支付软件、硬件和支付处理服务以及设备。Square 最初是一个著名的生态系统，为用户提供可连接到智能手机或平板电脑的 Square 读卡器设备，使他们能够接受信用卡支付。Square 的一系列工具包括工资处理贷款、在线商店、预订和约会，以及餐厅 POS 解决方案。</p>
<h2><strong>Square 改进的入驻平台</strong></h2>
<p>Square 在 2024 年 7 月整合了一个新的入驻平台，并将其推广给美国符合条件的卖家。新流程更简单，将入驻 Square 所需的步骤从 30 多步减少到仅四步。它允许根据特定卖家的特征进行更多定制，节省时间同时在入驻过程中向他们介绍相关产品。</p>
<h2><strong>Square 加强合作伙伴关系</strong></h2>
<p>Square 持续投资于其合作伙伴关系。它在其应用市场中已经拥有数百个合作伙伴，包括与 <strong>Intuit Inc. 纳斯达克：INTU</strong>、Quickbooks、Restaurant365 和 <strong>Wix.com Ltd. 纳斯达克：WIX</strong> 等长期合作关系。Square 继续探索更多合作伙伴关系，特别是在国际市场，以简化其打包、定价和产品设计。</p>
<h2><strong>各部分的增长使整体更具吸引力</strong></h2>
<p>Block 报告了 2024 年第二季度每股收益为 93 美分，超出了 9 美分的共识预期。营收同比增长 11.3%，达到 61.6 亿美元，略低于 61.7 亿美元的共识预期。Block 处理的总支付价值（GPV）为 619.4 亿美元，同比增长 5%。按交易计算的毛利占 GPV 的比例为 1.5%。Square 实现了 15% 的年同比增长，而 Cash App 实现了 23% 的年同比增长。</p>
<h2><strong>Block 提高 2024 年全年预期</strong></h2>
<p>Block 预计 2024 年第三季度的毛利为 22.2 亿美元，调整后的 EBITDA 为 6.95 亿美元，调整后的营业收入为 3.2 亿美元。Block 将其 2024 年全年毛利的预期提高到 88.9 亿美元，高于之前的 87.8 亿美元，调整后的 EBITDA 为 29 亿美元，高于 27.6 亿美元，调整后的营业收入为 14.4 亿美元，高于 13 亿美元。</p>
<p>Dorsey 表示，其 “40 规则” - 意味着利润百分比和调整后的营业收入利润率相结合达到 40 - 已朝着 2026 年的目标稳步前进。目前 Block 达到了 35%，高于 32%。</p>
<h2><strong>SQ 股票继续在下降价格通道中交易</strong></h2>
<p>下降价格通道也被称为下降价格通道。它由代表较低高点和较低低点的平行对角上下趋势线组成。打破这一模式的唯一方法是通过突破上方趋势线阻力。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20240908181528_chartw-sq.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20240908181528_chartw-sq.jpg"/></p>
<p>SQ 的日常下降价格通道始于 2024 年 3 月 13 日的 87.52 美元。巧合的是，这也是平均分析师一致的价格目标。SQ 持续在反弹时创造较低高点，然后在下跌时创造较低低点。日常锚定的 VWAP 与上行趋势线交汇点为 67.13 美元，形成双重阻力水平。日常相对强度指数（RSI）下降至 42 水平。<strong>斐波那契</strong>（**Fib）回撤支撑水平分别为 58.97 美元、55.13 美元、51.29 美元和 45.82 美元。</p>
<p>Block 的平均一致价格目标为 <strong>87.52 美元</strong>，最高分析师价格目标为 <strong>106.00 美元</strong>。</p>
<p>SQ 持续创造较低高点和较低低点，如下降价格通道所示。看涨的投资者可以考虑在斐波那契回撤支撑水平上使用保证金担保的认购期权。在被指定后撰写备兑认购期权，以产生收入并提供对更深回撤的缓冲区。</p>
<p>→ 对 Elon 的战争升级...（来自 Porter &amp; Company）（广告）</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MjQ0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MjQ0"/></p>
<h2>现在是否值得投资 Block？</h2>
<p>在考虑投资 Block 之前，您可能想要听听这个。</p>
<p>MarketBeat 追踪华尔街评级最高、表现最佳的研究分析师以及他们每天向客户推荐的股票。MarketBeat 已经确定了五只顶级分析师悄悄告诉他们的客户现在应该购买的股票，然而 Block 并不在这份名单上。</p>
<p>虽然 Block 目前在分析师中有一个 “中等买入” 评级，但顶级分析师认为这五只股票更值得购买。</p>
<p>查看这五只股票</p>

<p>Block Inc.（纽约证券交易所：SQ）是一家金融科技提供商，拥有两个主要生态系统：Cash App 和 Square。Cash App 的营收同比增长了 42%，而 Square 的增长为 15%。Cash App 提供点对点支付和投资选项等功能，而 Square 则帮助中小企业解决支付问题。Block 报告显示，2024 年第二季度每股收益为 0.93 美元，超出预期，但营收不及预期。公司提高了 2024 年全年指引。目前，SQ 股票自 2024 年 3 月以来交易于一个下行价格通道中</p>

<p><strong>Block Inc. NYSE: SQ</strong> is a financial technology (fintech) provider in the computer and technology sector focused on making commerce and financial services accessible to businesses and consumers. While the company has many synergistic and complementary products and services, it has two core ecosystems: Cash App and Square.</p>
<div class="lb-trans"><p><strong>Block Inc. 纽约证券交易所：SQ</strong> 是一家专注于使商业和金融服务对企业和消费者更加可及的计算机和技术领域的金融科技（fintech）提供商。虽然该公司拥有许多协同和互补的产品和服务，但它有两个核心生态系统：Cash App 和 Square。</p>
</div><p>Block competes with other fintechs like <strong>PayPal Holdings Inc. NASDAQ: PYPL</strong>, <strong>Shopify Inc. NYSE: SHOP</strong> and financial payment networks like <strong>Visa Inc. NYSE: V</strong> and <strong>Mastercard Inc. NYSE: MA</strong>.</p>
<div class="lb-trans"><p>Block 与其他金融科技公司竞争，如 <strong>PayPal Holdings Inc. 纳斯达克：PYPL</strong>，<strong>Shopify Inc. 纽约证券交易所：SHOP</strong>，以及金融支付网络如 <strong>Visa Inc. 纽约证券交易所：V</strong> 和 <strong>Mastercard Inc. 纽约证券交易所：MA</strong>。</p>
</div><h2><strong>The Cash App Ecosystem Is Growing Revenues 42% YoY</strong></h2>
<div class="lb-trans"><h2><strong>Cash App 生态系统收入增长 42% YoY</strong></h2>
</div><p>The fastest-growing ecosystem is Cash App, which has averaged 42% YoY growth in the last two years. This mobile-first, all-in-one app platform provides users with tools to manage their money. It offers instant peer-to-peer payments and functions as an electronic wallet that can store cash and Bitcoin and take direct deposits. Users can obtain the Cash Card, a Visa debit card linked to their Cash App balance, to make purchases. Cash App also offers users exclusive discounts with Cash App Pay and Cash App Card.</p>
<div class="lb-trans"><p>增长最快的生态系统是 Cash App，在过去两年平均增长了 42% YoY。这款以手机为主的全能应用平台为用户提供管理资金的工具。它提供即时的点对点支付，并作为一个电子钱包，可以存储现金和比特币，并接受直接存款。用户可以获得 Cash Card，这是一张与其 Cash App 余额关联的 Visa 借记卡，用于购物。Cash App 还为用户提供 Cash App Pay 和 Cash App Card 的独家折扣。</p>
</div><p>The Cash App Card with Boost includes instant discounts and cashback rewards from select merchants in the Square merchant network. Cash App can be used to invest in stocks with zero commission trades and Bitcoin. Cash App also integrated the Afterpay buy-now-pay-later (BNPL) service, which enables users to make periodic payments on qualifying purchases.</p>
<div class="lb-trans"><p>Cash App Card with Boost 包括来自 Square 商户网络中特定商家的即时折扣和返现奖励。Cash App 可用于零佣金交易和比特币投资。Cash App 还整合了 Afterpay 的 “买现付后”（BNPL）服务，使用户可以对符合条件的购买进行分期付款。</p>
</div><h2><strong>Afterpay Drives Cash App Pay Volumes</strong></h2>
<div class="lb-trans"><h2><strong>Afterpay 推动 Cash App Pay 交易量增长</strong></h2>
</div><p>Block CEO Jack Dorsey noted that Cash App Pay is a huge opportunity thanks to Afterpay. “The volume was up more than 7x compared to the prior year, and 18% quarter-over-quarter. What's driving the growth is our sales team, Afterpay's enterprise sales team. As of June, Cash App Pay actives were more than 80% of the scale of Afterpay US actives compared to less than 25% a year ago.”</p>
<div class="lb-trans"><p>Block CEO Jack Dorsey 指出，由于 Afterpay，Cash App Pay 是一个巨大的机会。“与去年同期相比，交易量增长了 7 倍以上，季度环比增长了 18%。推动增长的是我们的销售团队，以及 Afterpay 的企业销售团队。截至六月，Cash App Pay 活跃用户的规模已经超过了 Afterpay 美国活跃用户规模的 80%，而一年前不到 25%。”</p>
</div><h2><strong>Square Ecosystem Grows Revenues 15% YoY</strong></h2>
<div class="lb-trans"><h2><strong>Square 生态系统收入增长 15% YoY</strong></h2>
</div><p>Square enables small and medium-sized businesses (SMBs), merchants, and individual sellers of all sizes to start, run, and grow their businesses. Square is a mature ecosystem that has grown 15% YoY for the last two years. Square enables eCommerce and point-of-sale (POS) payment software, hardware and payment processing services, and equipment. Square was the original ecosystem that became famous, providing users with Square reader devices that attach to a smartphone or tablet, enabling them to take credit card payments. Square's suite of tools enables payroll processing loans, online stores, booking and appointments, and restaurant POS solutions.</p>
<div class="lb-trans"><p>Square 让中小型企业（SMBs）、商户和各种规模的个人卖家能够启动、运营和发展业务。Square 是一个成熟的生态系统，在过去两年增长了 15% YoY。Square 提供电子商务和销售点（POS）支付软件、硬件和支付处理服务以及设备。Square 最初是一个著名的生态系统，为用户提供可连接到智能手机或平板电脑的 Square 读卡器设备，使他们能够接受信用卡支付。Square 的一系列工具包括工资处理贷款、在线商店、预订和约会，以及餐厅 POS 解决方案。</p>
</div><h2><strong>Square's Improved Onboarding Platform</strong></h2>
<div class="lb-trans"><h2><strong>Square 改进的入驻平台</strong></h2>
</div><p>Square integrated a new onboarding platform in July 2024 and rolled it out to eligible sellers in the United States. The new process is much simpler and reduces the number of steps required to onboard onto Square from more than 30 to just four steps. It allows for more customization based on a given seller's traits, saving time while introducing them to relevant products at the optimal point during onboarding.</p>
<div class="lb-trans"><p>Square 在 2024 年 7 月整合了一个新的入驻平台，并将其推广给美国符合条件的卖家。新流程更简单，将入驻 Square 所需的步骤从 30 多步减少到仅四步。它允许根据特定卖家的特征进行更多定制，节省时间同时在入驻过程中向他们介绍相关产品。</p>
</div><h2><strong>Bulking Up Square Partnerships</strong></h2>
<div class="lb-trans"><h2><strong>Square 加强合作伙伴关系</strong></h2>
</div><p>Square continues to invest in its partnerships. It already has hundreds of partners in its App Marketplace, including longstanding relations with <strong>Intuit Inc. NASDAQ: INTU</strong>, Quickbooks, Restaurant365, and <strong>Wix.com Ltd. NASDAQ: WIX</strong>. Square continues to explore more partnerships, notably in international markets, to simplify its packaging, pricing, and product design.</p>
<div class="lb-trans"><p>Square 持续投资于其合作伙伴关系。它在其应用市场中已经拥有数百个合作伙伴，包括与 <strong>Intuit Inc. 纳斯达克：INTU</strong>、Quickbooks、Restaurant365 和 <strong>Wix.com Ltd. 纳斯达克：WIX</strong> 等长期合作关系。Square 继续探索更多合作伙伴关系，特别是在国际市场，以简化其打包、定价和产品设计。</p>
</div><h2><strong>The Growth of the Parts Makes the Whole Attractive</strong></h2>
<div class="lb-trans"><h2><strong>各部分的增长使整体更具吸引力</strong></h2>
</div><p>Block reported solid Q2 2024 EPS of 93 cents, beating consensus estimates by 9 cents. Revenues grew 11.3% YoY to $6.16 billion, falling short of the $6.27 billion consensus estimates. Block processed $61.94 billion of gross payment value (GPV), up 5% YoY. Transaction-based gross profit as a percentage of GPV was 1.5%. Square generated 15% YoY growth, and Cash App generated 23% YoY growth in the quarter.</p>
<div class="lb-trans"><p>Block 报告了 2024 年第二季度每股收益为 93 美分，超出了 9 美分的共识预期。营收同比增长 11.3%，达到 61.6 亿美元，略低于 61.7 亿美元的共识预期。Block 处理的总支付价值（GPV）为 619.4 亿美元，同比增长 5%。按交易计算的毛利占 GPV 的比例为 1.5%。Square 实现了 15% 的年同比增长，而 Cash App 实现了 23% 的年同比增长。</p>
</div><h2><strong>Block Raises Full Year 2024 Estimates</strong></h2>
<div class="lb-trans"><h2><strong>Block 提高 2024 年全年预期</strong></h2>
</div><p>Block sees Q3 2024 gross profit of $2.22 billion, adjusted EBITDA of $695 million and adjusted operating income of $320 million. Block raised its full-year 2024 guidance for gross profit of $8.89 billion, up from previous guidance of $8.78 billion, adjusted EBITDA of $2.90 billion, up from $2.76 billion and adjusted operating income of $1.44 billion, up from $1.30 billion.</p>
<div class="lb-trans"><p>Block 预计 2024 年第三季度的毛利为 22.2 亿美元，调整后的 EBITDA 为 6.95 亿美元，调整后的营业收入为 3.2 亿美元。Block 将其 2024 年全年毛利的预期提高到 88.9 亿美元，高于之前的 87.8 亿美元，调整后的 EBITDA 为 29 亿美元，高于 27.6 亿美元，调整后的营业收入为 14.4 亿美元，高于 13 亿美元。</p>
</div><p>Dorsey stated that its Rule of 40 - meaning the profit percentage and adjusted operating income margin combined to reach 40 - is on track for 2026. Currently Block has reached 35%, up from 32%.</p>
<div class="lb-trans"><p>Dorsey 表示，其 “40 规则” - 意味着利润百分比和调整后的营业收入利润率相结合达到 40 - 已朝着 2026 年的目标稳步前进。目前 Block 达到了 35%，高于 32%。</p>
</div><h2><strong>SQ Stock Continues to Trade in a Descending Price Channel</strong></h2>
<div class="lb-trans"><h2><strong>SQ 股票继续在下降价格通道中交易</strong></h2>
</div><p>A descending price channel is also known as a falling price channel. It is represented by parallel diagonal upper and lower trendlines representing lower tops and lower bottoms, respectively. The only way to break the pattern is by breaking out through the upper trendline resistance.</p>
<div class="lb-trans"><p>下降价格通道也被称为下降价格通道。它由代表较低高点和较低低点的平行对角上下趋势线组成。打破这一模式的唯一方法是通过突破上方趋势线阻力。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20240908181528_chartw-sq.jpg" alt="" original-src="https://www.marketbeat.com/logos/articles/med_20240908181528_chartw-sq.jpg"/></p>
<p>The daily descending price channel for SQ commenced at $87.52 on March 13, 2024. Incidentally, this is also the average analyst consensus price target. SQ consistently made lower highs on bounces, followed by lower lows on drops. The daily anchored VWAP overlaps with the upper descending trendline at $67.13, forming a double resistance level. The daily relative strength index (RSI) fell to the 42-band. <strong>Fibonacci</strong>( <strong>Fib) pullback support levels are at $58.97, $55.13, $51.29, and $45.82.</strong></p>
<div class="lb-trans"><p>SQ 的日常下降价格通道始于 2024 年 3 月 13 日的 87.52 美元。巧合的是，这也是平均分析师一致的价格目标。SQ 持续在反弹时创造较低高点，然后在下跌时创造较低低点。日常锚定的 VWAP 与上行趋势线交汇点为 67.13 美元，形成双重阻力水平。日常相对强度指数（RSI）下降至 42 水平。<strong>斐波那契</strong>（**Fib）回撤支撑水平分别为 58.97 美元、55.13 美元、51.29 美元和 45.82 美元。</p>
</div><p>Block’s average consensus price target is <strong>$87.52,</strong> and its highest analyst price target sits at <strong>$106.00.</strong></p>
<div class="lb-trans"><p>Block 的平均一致价格目标为 <strong>87.52 美元</strong>，最高分析师价格目标为 <strong>106.00 美元</strong>。</p>
</div><p>SQ continues making lower highs and lower lows, as represented by the falling price channel. Bullish investors can consider using cash-secured puts at the fib pullback support levels. A wheel strategy can be executed by writing covered calls after being assigned to generate income and provide a buffer against a deeper pullback.</p>
<div class="lb-trans"><p>SQ 持续创造较低高点和较低低点，如下降价格通道所示。看涨的投资者可以考虑在斐波那契回撤支撑水平上使用保证金担保的认购期权。在被指定后撰写备兑认购期权，以产生收入并提供对更深回撤的缓冲区。</p>
</div><p>→ War on Elon Escalates… (From Porter &amp; Company)(Ad)</p>
<div class="lb-trans"><p>→ 对 Elon 的战争升级...（来自 Porter &amp; Company）（广告）</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MjQ0" alt="" original-src="https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx?TriggeredCampaignID=9244&amp;Placement=NativeDisplay&amp;Source=NativeDisplay"/></p>
<h2>Should you invest $1,000 in Block right now?</h2>
<div class="lb-trans"><h2>现在是否值得投资 Block？</h2>
</div><p>Before you consider Block, you'll want to hear this.</p>
<div class="lb-trans"><p>在考虑投资 Block 之前，您可能想要听听这个。</p>
</div><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Block wasn't on the list.</p>
<div class="lb-trans"><p>MarketBeat 追踪华尔街评级最高、表现最佳的研究分析师以及他们每天向客户推荐的股票。MarketBeat 已经确定了五只顶级分析师悄悄告诉他们的客户现在应该购买的股票，然而 Block 并不在这份名单上。</p>
</div><p>While Block currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p>
<div class="lb-trans"><p>虽然 Block 目前在分析师中有一个 “中等买入” 评级，但顶级分析师认为这五只股票更值得购买。</p>
</div><p>View The Five Stocks Here</p>
<div class="lb-trans"><p>查看这五只股票</p>
</div>

为什么 Block 的关键组成部分使其成为一个稳健的投资选择