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Block stockThe Motley Fool
•82% Informative
In September 2020 , Cathie Wood's Ark Invest estimated that fintech company Block ( NYSE : SQ ) would reach $ 375 per share by 2025 .
That implied 150% upside at the time, but Block stock has since declined by more than 50% .
Block is currently the fourth -largest position in Ark 's portfolio, accounting for 5.4% of invested assets.
Block's current price-to-gross-profit multiple of 4.9 is a material discount to the three-year average of 11.6 .
From that price, this fintech stock could beat the market over the next three to five years .
If you invested $ 1,000 at the time of our recommendation, you’d have $ 808,105 !.
VR Score
83
Informative language
83
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42
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English
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7
Source diversity
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