Block (SQ) Competitors

$67.47

-1.17 (-1.70%)

(As of 09/20/2024 ET)

SQ vs. SHOP, PLTR, SNPS, CDNS, CRWD, ADSK, NTES, TEAM, EA, and DDOG

Should you be buying Block stock or one of its competitors? The main competitors of Block include Shopify (SHOP), Palantir Technologies (PLTR), Synopsys (SNPS), Cadence Design Systems (CDNS), CrowdStrike (CRWD), Autodesk (ADSK), NetEase (NTES), Atlassian (TEAM), Electronic Arts (EA), and Datadog (DDOG). These companies are all part of the "prepackaged software" industry.

Block vs.

Block (NYSE:SQ) and Shopify (NYSE:SHOP) are both large-cap business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, community ranking, risk, earnings, analyst recommendations, institutional ownership, valuation and media sentiment.

: Block currently has a consensus price target of $87.34, suggesting a potential upside of 27.51%. Shopify has a consensus price target of $77.92, suggesting a potential downside of 0.54%. Given Block's stronger consensus rating and higher probable upside, analysts clearly believe Block is more favorable than Shopify.
Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Block
1 Sell rating(s)
5 Hold rating(s)

24 Buy rating(s)

1 Strong Buy rating(s)
2.81
Shopify
1 Sell rating(s)

15 Hold rating(s)

24 Buy rating(s)

1 Strong Buy rating(s)
2.61
: In the previous week, Shopify had 13 more articles in the media than Block. MarketBeat recorded 19 mentions for Shopify and 6 mentions for Block. Shopify's average media sentiment score of 0.97 beat Block's score of 0.71 indicating that Shopify is being referred to more favorably in the news media.
Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Block
2 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
13 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
: 70.4% of Block shares are held by institutional investors. Comparatively, 69.3% of Shopify shares are held by institutional investors. 10.5% of Block shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
: Block received 48 more outperform votes than Shopify when rated by MarketBeat users. Likewise, 69.60% of users gave Block an outperform vote while only 66.65% of users gave Shopify an outperform vote.
Company Underperform Outperform
Block Outperform Votes
1431
69.60%
Underperform Votes
625
30.40%
Shopify Outperform Votes
1383
66.65%
Underperform Votes
692
33.35%
: Block has a beta of 2.49, suggesting that its stock price is 149% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.35, suggesting that its stock price is 135% more volatile than the S&P 500.
: Shopify has lower revenue, but higher earnings than Block. Shopify is trading at a lower price-to-earnings ratio than Block, indicating that it is currently the more affordable of the two stocks.
Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Block $21.92B 1.87 $9.77M $0.77 86.61
Shopify $7.06B 14.15 $132M -$0.17 -455.88
: Shopify has a net margin of 16.40% compared to Block's net margin of 3.47%. Shopify's return on equity of 10.88% beat Block's return on equity.
Company Net Margins Return on Equity Return on Assets
Block 3.47% 3.77% 2.02%
Shopify 16.40% 10.88% 8.71%

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Block	1 Sell rating(s)	5 Hold rating(s)	24 Buy rating(s)	1 Strong Buy rating(s)	2.81
Shopify	1 Sell rating(s)	15 Hold rating(s)	24 Buy rating(s)	1 Strong Buy rating(s)	2.61

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Block	2 Very Positive mention(s)	3 Positive mention(s)	0 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive
Shopify	13 Very Positive mention(s)	1 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Company	Underperform	Outperform
Block	Outperform Votes 1431 69.60%	Underperform Votes 625 30.40%
Shopify	Outperform Votes 1383 66.65%	Underperform Votes 692 33.35%

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Block	$21.92B	1.87	$9.77M	$0.77	86.61
Shopify	$7.06B	14.15	$132M	-$0.17	-455.88

Company	Net Margins	Return on Equity	Return on Assets
Block	3.47%	3.77%	2.02%
Shopify	16.40%	10.88%	8.71%

Summary

Block beats Shopify on 10 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SQ and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.

SQ vs. The Competition

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Metric	Block	Prepackaged software Industry	Business Sector	NYSE Exchange
Market Cap	$41.06B	$23.81B	$6.68B	$19.25B
Dividend Yield	N/A	2.17%	3.12%	3.52%
P/E Ratio	86.61	71.52	43.16	26.85
Price / Sales	1.87	43.39	418.09	16.30
Price / Cash	N/A	72.29	23.78	19.96
Price / Book	2.20	9.60	4.16	5.13
Net Income	$9.77M	$453.56M	$121.64M	$983.78M
7 Day Performance	4.27%	1.85%	0.94%	4.00%
1 Month Performance	2.79%	21.32%	10.02%	6.36%
1 Year Performance	40.19%	9.44%	8.58%	21.77%

Block Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
SHOP Shopify	3.8175 of 5 stars 3.82 / 5 stars	$74.48 +1.2%	$77.92 +4.6%	+34.9%	$95.98B	$7.76B	-438.12	8,300	Analyst Upgrade
PLTR Palantir Technologies	2.9971 of 5 stars 3.00 / 5 stars	$36.48 +0.5%	$26.79 -26.6%	+143.1%	$81.70B	$2.23B	304.03	3,735	Insider Selling Gap Down
SNPS Synopsys	4.8701 of 5 stars 4.87 / 5 stars	$502.25 +0.7%	$630.09 +25.5%	+11.8%	$76.95B	$6.48B	54.59	20,300	Positive News
CDNS Cadence Design Systems	4.82 of 5 stars 4.82 / 5 stars	$274.79 +0.6%	$334.56 +21.7%	+18.5%	$74.86B	$4.16B	71.56	11,200	Insider Selling
CRWD CrowdStrike	4.3257 of 5 stars 4.33 / 5 stars	$268.72 +0.3%	$327.16 +21.7%	+67.6%	$65.40B	$3.52B	507.03	7,925	Analyst Forecast Insider Selling Gap Up
ADSK Autodesk	4.3326 of 5 stars 4.33 / 5 stars	$266.89 -0.3%	$292.17 +9.5%	+27.2%	$57.52B	$5.81B	57.77	14,100
NTES NetEase	4.7959 of 5 stars 4.80 / 5 stars	$77.02 +0.3%	$112.67 +46.3%	-21.6%	$49.46B	$106.75B	11.94	29,128	Positive News
TEAM Atlassian	4.7586 of 5 stars 4.76 / 5 stars	$155.82 -5.6%	$217.69 +39.7%	-20.6%	$40.56B	$4.36B	-247.33	12,157	Insider Selling Gap Up
EA Electronic Arts	4.5817 of 5 stars 4.58 / 5 stars	$142.59 -2.7%	$161.28 +13.1%	+16.3%	$37.89B	$7.30B	30.47	13,700	Analyst Forecast Insider Selling
DDOG Datadog	4.6258 of 5 stars 4.63 / 5 stars	$111.93 +0.5%	$139.88 +25.0%	+24.4%	$37.44B	$2.39B	349.78	5,200	Gap Up