Block Inc Class A

SQ: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$11.00	Nplrr	Yyjxyvjvy

Block’s Growth Slows in Second-Quarter 2022

Brett Horn

Aug 5, 2022

Block saw its growth decelerate a bit in the second quarter, but it remains strong in an absolute sense. We think the longer-term growth opportunities for the business remain considerable, but we are impatient to see this growth translated into better profitability. We will maintain our $104 fair value estimate.

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