XYZ
The Dark Sides Of Cash App You'll Wish You Knew About Sooner
Article Summary
HOLD- Cash App, owned by Block Inc., is a popular mobile-payment app that surged during the Covid-19 pandemic, but carries multiple risks, including fraud and IRS audits tied to frequent payments.
- XYZ reached a $165 million multi-state settlement in 2026 following allegations that it misled users about the app's safety and failed to adequately protect them from fraud.
- Scammers pose as customer service representatives, friends, landlords, employers, or romantic partners, with minimal identity verification measures in place.
- Cash App states that it uses cutting-edge encryption and fraud detection technology to protect its users, but scams on the platform may be common enough that you've likely encountered one and/or know someone who has.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 2.3% | 25% | 20.0 ptsMinimal (2.3%) - Very weak |
| EPS Growth Next 5Y ? | 38.8% | 25% | 90.0 ptsExcellent (38.8%) - Strong outlook |
| Target Price Upside ? | 21.0% | 20% | 70.0 ptsGood Upside (21.0%) - Target: $93.35 vs Current: $77.15 |
| Gross Margin % ? | 44.3% | 15% | 60.0 ptsSolid (44.3%) - Decent margins |
| Drawdown from 52-Wk High ? | -8.2% | 15% | 20.0 ptsBarely a Dip (-8.2%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About XYZ
- Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally.
- It operates through two segments: Square and Cash App.
- The Square segment offers managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services.
- This segment also provides loyalty, marketing, team management, and payroll services; and gift cards.
- It also offers Square Handheld, a portable point-of sale device for transaction purposes.
- The Cash App segment offers financial tools, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; Cash App Pay, mobile-friendly way for cash app customers to pay at merchants across online and in-person channels; direct deposit, stock brokerage, and tax preparation services; and Afterpay, a buy now, pay later platform.
- In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and proto.
- The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021.
- Block, Inc. was incorporated in 2009 and is based in Oakland, California.