Buy, Sell or Hold: Square Inc (SQ-N) — Stock Predictions at Stockchase

NYSE:SQ

256.27

4.07 (1.61%) 1d

Showing 1 to 15 of 86 entries

BUY

They've expanded into loans to bus, P2P payments (their fastest business), and Bitcoin trading (the first to do so). The stock has pulled back 16%, so it's a buying opportunity for a long-term hold. He favours PayPal just slightly.

RISKY BUY

Fintech has lots of long-term growth, so the space makes sense. 7x price to sales, 334x PE, 35% earnings growth rate. Expensive. Volatile. This 200-day MA could be a trading opportunity. Concerned about valuation. Higher rates will affect the high-growth names.

TOP PICK

Great fintech company. Great growth prospects. Main disruptor to the banking sector, reinforced by purchase of Afterpay. Potential to become one of the largest financial companies in the world. Start a position around $260, and add at 240 and 220. No dividend. (Analysts’ price target is $304.39)

BUY

Another champion of small businesses like SHOP and Etsy. Their POS system allows small businesspeople to borrow against the receipts. The stock is up 2,500% in the past 5 years.

DON'T BUY

A great, innovative company. JPMorgan's CEO admits that they got outwitted by the smaller Square. Their cash app is growing like gangbusters. His issue with the stock and others are its extreme valuation. There's so much liquidity in the system that money is taking big risks on good ideas, but trading now at 8-9x revenues. Much of the future success is already built into the current stock price.

BUY on WEAKNESS

It passes the Rule of 40: Revenue growth rate + EBITDA margin. If the sum is greater than 40, the company passes. This means, the company can get away with rapid revenue growth and no profitability, or slower revenue growth and high profitability--two ways to win. He likes this on price-to-sales, has real earnings and has a crypto kicker, but this has gone from a positive to a negative, at least for now.

PARTIAL BUY

It's about to report and he expects great numbers, but also expects this to suffer in the bias towards tech stocks now. So, buy half before the report and perhaps buy the other half after. He likes the name.

BUY

The payments industry has a bright future, and SQ can grow for years. It's the easiest place to buy fractional Bitcoin through its app.

WAIT

Likes it and PayPal. Highly leveraged to growth in e-commerce. Caters to both merchants and consumers. Perpetually expensive, though a bit cheaper recently. Right now, he'd lean toward Visa as a safer way to play the payment space.

BUY

An overlooked reopening play Tey just announced they'll open their own bank--gigantic news which he expects will excite the analysts. He expects a restaurant renaissance because rents are now low; also, people will be dining in rather than taking out. Square bought a lot of Bitcoin at $10,000 (Bitcoin is now around $50K). He's pro-Bitcoin. Smart managers at Square. The Square app makes it easy to buy cryotos.

PARTIAL BUY

It charts really well. Shouldn't go under $200-210. Technically, buy 1/3-1/2 a position here around $240. If you can, get more around $220. Tremendous innovation. A lot of competition. He's a big believer, but you have to be disciplined and keep to your price targets.

BUY on WEAKNESS

Was a past pick of his and has since shot up. We're heading to a cashless society. Paypal, Square and Visa are all fine in this space. Yes, this can continue to grow, but some growth is already in the price. SQ isn't crazy expensive, but still high. Buy on pullback. Also, Bitcoin's rally helps Square.

DON'T BUY

Fintech is an interesting area. A good company, but the price is discounting things far into the future, priced for perfection. So, he's very leery of this, fintech and the wider "innovation" space. He recalls the dotcom bubble 20 years ago--we're not there yet, but there are whiffs of it.

BUY

Great company. One of his favourite names. The concern is valuation. It's beyond priced for perfection. He's looking for a better entry point. Moving into e-commerce. Caters to both consumers and businesses. Expect continued rapid growth in 2021 and beyond.

DON'T BUY

A very attractive sector with secular growth. People are moving away from cash. Visa would be a better choice. There are better opportunities out there since the stock has run up so much.

Showing 1 to 15 of 86 entries

Square Inc(SQ-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 15

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 19

Stockchase rating for Square Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Square Inc(SQ-N) Frequently Asked Questions

What is Square Inc stock symbol?

Square Inc is a American stock, trading under the symbol SQ-N on the New York Stock Exchange (SQ). It is usually referred to as NYSE:SQ or SQ-N

Is Square Inc a buy or a sell?

In the last year, 19 stock analysts published opinions about SQ-N. 15 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Square Inc.

Is Square Inc a good investment or a top pick?

Square Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Square Inc.

Why is Square Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Square Inc worth watching?

19 stock analysts on Stockchase covered Square Inc In the last year. It is a trending stock that is worth watching.

What is Square Inc stock price?

On 2021-10-19, Square Inc (SQ-N) stock closed at a price of $256.27.

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