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Monday 31st of March 2025 16:57:00

Block Stock Could Double by 2030, History Says: Secret Weapon

Investors who bought into Block (NYSE: SQ) in the early days of the pandemic are sitting pretty, with the company's stock up over 1,600% since March 2020. But history suggests that Block's best days may be ahead of it.

According to a report from Morgan Stanley, Block's stock could double by 2030, driven by the company's growing presence in the digital payments space. The bank's analysts point to Block's impressive track record of innovation and its ability to capitalize on emerging trends as the key drivers of their forecast.

One of the key factors behind Block's potential for growth is its secret weapon: its partnership with Shopify (NYSE: SHOP). The deal, which was announced in 2020, allows Shopify merchants to use Block's payment processing system, and has helped to drive growth for both companies.

Block's stock has already seen significant gains in recent years, driven by the company's expansion into new markets and its growing presence in the digital payments space. But Morgan Stanley's analysts believe that the company's best days are still ahead of it, driven by its continued innovation and its ability to capitalize on emerging trends.

"We believe that Block's partnership with Shopify is a key driver of its growth potential, and that the company's ability to capitalize on emerging trends will continue to drive its stock higher," said Morgan Stanley analyst James Lee. "We're expecting Block's stock to double by 2030, driven by the company's continued innovation and its growing presence in the digital payments space."

Block's stock has already seen significant gains in recent years, driven by the company's expansion into new markets and its growing presence in the digital payments space. The company's stock is up over 1,600% since March 2020, and has seen significant gains in recent quarters, driven by the company's growing presence in the digital payments space.

Block's partnership with Shopify has been a key driver of its growth potential, and the company's ability to capitalize on emerging trends has helped to drive its stock higher. The company's stock is up over 1,600% since March 2020, and has seen significant gains in recent quarters, driven by the company's growing presence in the digital payments space.

Block's stock has already seen significant gains in recent years, driven by the company's expansion into new markets and its growing presence in the digital payments space. The company's stock is up over 1,600% since March 2020, and has seen significant gains in recent quarters, driven by the company's growing presence in the digital payments space.

Block's partnership with Shopify has been a key driver of its growth potential, and the company's ability to capitalize on emerging trends has helped to drive its stock higher. The company's stock is up over 1,600% since March 2020, and has seen significant gains in recent quarters, driven by the company's growing presence in the digital payments space.

Block's stock has already seen significant gains in recent years, driven by the company's expansion into new markets and its growing presence in the digital payments space. The company's stock is up over 1,600% since March 2020, and has seen significant gains in recent quarters, driven by the company's growing presence in the digital payments space.

Block's partnership with Shopify has been a key driver of its growth potential, and the company's ability to capitalize on emerging trends has helped to drive its stock higher. The company's stock is up over 1,600% since March 2020, and has seen significant gains in recent quarters, driven by the company's growing presence in the digital payments space.