Block (SQ) Stock Targeted at $100 by 2026 Amid Fintech Momentum

Block (SQ) is under increasing scrutiny as investors assess whether the stock can sustain its upward trajectory and reach $100 by 2026. The current trading price, hovering around $78 as of late December 2025, implies a potential 28% gain over the next 12 to 18 months. This target is supported by Block’s reported Q3 2025 revenue of $2.1 billion, a 15% year-over-year increase, and its growing presence in digital wallets, merchant services, and Bitcoin-related operations. The company’s diversified revenue streams—comprising Square Cash, Square Terminal, and Cash App—have contributed to a consistent 12-month revenue growth rate of 14.6%. Additionally, Block reported a 23% increase in active Cash App users, reaching 112 million globally, which underscores demand for its financial ecosystem. These metrics suggest improving monetization and user engagement, both critical for long-term valuation expansion. Market analysts point to Block’s strategic investments in automation, small business lending, and international expansion as potential drivers of earnings acceleration. If gross profit margins expand to 58% by 2026—up from 54% in 2024—combined with a stable free cash flow generation of $1.3 billion annually, the stock may justify a $100 price target under a forward P/E multiple of 28. The rally in SQ shares has already drawn interest from institutional investors, with 11% of shares now held by passive funds and ETFs. Retail traders have also increased their participation, particularly in options markets, where call volume has risen 62% over the past month. A sustained move toward $100 would not only validate Block’s growth narrative but could also influence broader fintech sector sentiment and investor appetite for high-momentum technology stocks.