Block Inc Class A

SQ: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$52.00	Wdpkghh	Dldzwbvmk

Block Reports Strong Growth in Third Quarter

Brett Horn

Nov 4, 2022

Block saw strong growth and narrowed its operating loss sequentially during the third quarter. We will maintain our $104 per-share fair value estimate and narrow moat rating. While we believe shares are undervalued, we stress our Morningstar Very High Uncertainty Rating.

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