This implies that SQ stock should trade 16.24% above its market value of $97.93 billion today. That puts the price target for SQ stock at $250.13 per share (i.e., $215.18 x 1.1624 = $250.13).
Link: https://investorplace.com/2021/06/now-that-cash-app-powers-square-earnings-expect-sq-stock-to-soar/