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Can Block Stock Reach $100 in 2024?

TheMotleyFool

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Can Block Stock Reach $100 in 2024?: https://g.foolcdn.com/editorial/images/758483/qr-code-mobile-payment.jpg

Ever since reporting its latest financial results, Block (NYSE: SQ) shares have been on an absolute tear. As of Dec. 15, they are up an incredible 69% from Nov. 2, the date of the announcement.

This is what shareholders want to see from a stock that is still well below its peak price. Perhaps next year will bring a continuation of this robust performance.

Can this leading fintech enterprise see its shares rise to $100 by the end of 2024, which translates to about a 30% gain? I don't think it's out of the question at all.

Source Fool.com

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