SQ Stock Forecast: Afterpay Could Help Sustain Square’s Very High Growth Rate

September 2, 2021

motek 1The SQ stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • The super-high valuation ratios of Square’s stock are thanks to its recent annual revenue growth rate of 170.72%.
  • The 3-year revenue CAGR of SQ is 81.04%. Its estimated forward revenue CAGR is 111.31%.
  • The $29 billion all-stock purchase of Afterpay will further accelerate the already-fast revenue growth rate of Square.
  • Square’s average projected FY 2021 revenue is $19.05 billion. Afterpay’s FY 2021 revenue is A$925 million. This is substantially higher than Afterpay’s 2018 revenue of A$142.34 million.
  • Afterpay’s core business is to make loans to people to buy things they could pay later in four installments. After charging fees to partner merchants.

New forecasting serviceRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles

SQ Stock Forecast: Mobile banking and microloans are challenging traditional banks

August 17, 2021

Joshua GellerThis SQ Stock Forecast article was written by Joshua Geller – Financial Analyst intern I Know First.

Highlights:

  • The IKF Algorithm predicts that Square Inc.'s stock is bullish for the next year with a signal of 514.09. The company is predicted to rise due to the release of its new products and launch of a microloan business that is taking on financial institutions, a positive quarterly report and a clear price action resistance breakthrough
  • Square’s stock price has increased by 72.7% within the past year, compared to 34.37% for the S&P 500 and 24.9% for the US IT Software-Infrastructure industry
  • On August 1st, Square announced its acquisition of Afterpay Limited (ASX: APT) for $29 billion USD
  • The company released its new products: Square checking, savings and loans which are targeted towards small businesses and consumers as new ways to rely upon mobile financial technology
  • Square has recently realized positive earnings within 2020 and is predicted to increase its earnings by 36% over the next year

New forecasting serviceRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles