Should I buy or sell Squarespace stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Squarespace in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SQSP shares. View SQSP analyst ratings or view top-rated stocks .

What is Squarespace's stock price target for 2024?

15 brokerages have issued 1 year price targets for Squarespace's shares. Their SQSP share price targets range from $32.00 to $45.00. On average, they anticipate the company's share price to reach $38.54 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View analysts price targets for SQSP or view top-rated stocks among Wall Street analysts .

How have SQSP shares performed in 2024?

Squarespace's stock was trading at $33.01 at the start of the year. Since then, SQSP shares have increased by 4.4% and is now trading at $34.47. View the best growth stocks for 2024 here .

When is Squarespace's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our SQSP earnings forecast .

How can I listen to Squarespace's earnings call?

Squarespace will be holding an earnings conference call on Tuesday, May 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Squarespace's earnings last quarter?

Squarespace, Inc. (NYSE:SQSP) issued its quarterly earnings results on Wednesday, February, 28th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.12. The business had revenue of $270.72 million for the quarter, compared to analysts' expectations of $263.41 million. The company's revenue was up 18.3% on a year-over-year basis. During the same period last year, the firm posted ($0.07) earnings per share.

What ETFs hold Squarespace's stock?

ETFs with the largest weight of Squarespace (NYSE:SQSP) stock in their portfolio include SPDR S&P Internet ETF (XWEB) , Direxion Moonshot Innovators ETF (MOON) , WisdomTree Cloud Computing Fund (WCLD) , AdvisorShares Alpha DNA Equity Sentiment ETF (SENT) , Renaissance IPO ETF (IPO) and First Trust Cloud Computing ETF (SKYY) . ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) .

What guidance has Squarespace issued on next quarter's earnings?

Squarespace issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $274.0 million-$277.0 million, compared to the consensus revenue estimate of $271.8 million.

When did Squarespace IPO?

Squarespace (SQSP) raised $0 in an IPO on Wednesday, May 19th 2021. The company issued 0 shares at $0.00 per share. Goldman Sachs, J.P. Morgan, Barclays, RBC Capital Markets, Citigroup, BofA Securities, William Blair, Raymond James, JMP Securities, KeyBanc Capital Markets, Piper Sandler, Mizuho Securities USA, Fifth Third Securities and Citizens Capital Markets acted as the underwriters for the IPO.

Who are Squarespace's major shareholders?

Squarespace's stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Capital LLC (0.03%), FCF Advisors LLC (0.02%) and Brooklyn FI LLC (0.01%). Insiders that own company stock include Anthony Casalena , Atlantic (Sqrs) Lp General, Courtenay O'connor , Jonathan D Klein , Nathan Gooden , Paul Gubbay , Venture Growth Associate Index, Ventures Growth I (Jerse Index and Ventures Growth I Parall Index. View institutional ownership trends .

How do I buy shares of Squarespace?

Shares of SQSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:SQSP

Squarespace (SQSP) Stock Price, News & Analysis

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$34.87

+0.05 (+0.14%)

(As of 01:01 PM ET)

Compare

Today's Range: $34.43
▼
$35.24
50-Day Range: $30.94
▼
$37.78
52-Week Range: $25.59
▼
$37.89

Volume: 223,434 shs
Average Volume: 711,079 shs
Market Capitalization: $4.76 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $38.54

Get Squarespace alerts:

Squarespace MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 11.8% Upside
$38.54 Price Target
Short Interest: Bearish
6.14% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.41
Based on 13 Articles This Week
Insider Trading: Selling Shares
$13.58 M Sold Last Quarter
Proj. Earnings Growth: 60.00%
From $0.50 to $0.80 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.90 out of 5 stars

Computer And Technology Sector

401st out of 583 stocks

Prepackaged Software Industry

142nd out of 194 stocks

3.3

Analyst's Opinion

Consensus Rating
Squarespace has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Squarespace has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
6.14% of the float of Squarespace has been sold short.
Short Interest Ratio / Days to Cover
Squarespace has a short interest ratio ("days to cover") of 5.
Change versus previous month
Short interest in Squarespace has recently increased by 1.96%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Squarespace does not currently pay a dividend.
Dividend Growth
Squarespace does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SQSP.

1.9

News and Social Media Coverage

News Sentiment
Squarespace has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Squarespace this week, compared to 4 articles on an average week.
MarketBeat Follows
Only 2 people have added Squarespace to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Squarespace insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,576,924.00 in company stock.
Percentage Held by Insiders
47.14% of the stock of Squarespace is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
92.30% of the stock of Squarespace is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Squarespace are expected to grow by 60.00% in the coming year, from $0.50 to $0.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Squarespace is -689.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Squarespace is -689.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Squarespace has a PEG Ratio of 3.48. PEG Ratios above 1 indicate that a company could be overvalued.

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About Squarespace Stock (NYSE:SQSP)

Squarespace, Inc. operates platform for businesses and independent creators to build online presence, grow their brands, and manage their businesses across the internet in the United States and internationally. It enables users to manage their projects and businesses through websites, domains, e-commerce, marketing tools, scheduling, and hospitality services, as well as tools for managing a social media presence. It serves a range of industries and sizes from sole proprietors to enterprises. Squarespace, Inc. was founded in 2003 and is headquartered in New York, New York.

SQSP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SQSP Stock News Headlines

April 18, 2024 | insidertrades.com

Insider Selling: Squarespace, Inc. (NYSE:SQSP) Insider Sells 2,500 Shares of Stock

April 13, 2024 | insidertrades.com

Insider Selling: Squarespace, Inc. (NYSE:SQSP) Director Sells 47,247 Shares of Stock

April 18, 2024 | Darwin (Ad)

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April 9, 2024 | insidertrades.com

Squarespace, Inc. (NYSE:SQSP) Director Jonathan D. Klein Sells 700 Shares

April 9, 2024 | insidertrades.com

Jonathan D. Klein Sells 2,053 Shares of Squarespace, Inc. (NYSE:SQSP) Stock

April 5, 2024 | insidertrades.com

Squarespace, Inc. (NYSE:SQSP) CEO Anthony Casalena Sells 51,878 Shares

March 26, 2024 | insidertrades.com

Nathan Gooden Sells 5,129 Shares of Squarespace, Inc. (NYSE:SQSP) Stock

March 19, 2024 | insidertrades.com

Courtenay O'connor Sells 20,622 Shares of Squarespace, Inc. (NYSE:SQSP) Stock

April 18, 2024 | DTI (Ad)

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April 17, 2024 | americanbankingnews.com

Squarespace, Inc. (NYSE:SQSP) Receives Consensus Recommendation of "Moderate Buy" from Analysts

April 15, 2024 | stocknews.com

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April 14, 2024 | americanbankingnews.com

Squarespace, Inc. (NYSE:SQSP) Director Sells $1,778,849.55 in Stock

April 13, 2024 | americanbankingnews.com

Squarespace (NYSE:SQSP) Hits New 1-Year High at $37.76

April 12, 2024 | finance.yahoo.com

Director Jonathan Klein Sells 47,247 Shares of Squarespace Inc (SQSP)

April 9, 2024 | finance.yahoo.com

Squarespace to Announce First Quarter 2024 Financial Results on May 7, 2024

April 9, 2024 | prnewswire.com

Squarespace to Announce First Quarter 2024 Financial Results on May 7, 2024

April 8, 2024 | finance.yahoo.com

Director Jonathan Klein Sells Shares of Squarespace Inc (SQSP)

April 4, 2024 | finance.yahoo.com

Squarespace (SQSP) Stock Moves -0.66%: What You Should Know

April 1, 2024 | finance.yahoo.com

Q4 E-commerce Software Earnings Review: First Prize Goes to Squarespace (NYSE:SQSP)

March 29, 2024 | seekingalpha.com

Wix: Increasing Price Target As Partners Business And AI Should Continue To Drive Growth

March 28, 2024 | finance.yahoo.com

Some Investors May Be Worried About Squarespace's (NYSE:SQSP) Returns On Capital

March 25, 2024 | finance.yahoo.com

Insider Sell: CFO Nathan Gooden Sells 5,129 Shares of Squarespace Inc (SQSP)

March 22, 2024 | seekingalpha.com

Squarespace Q4: FY24 Guidance Seems Too Conservative

March 20, 2024 | investing.com

Squarespace general counsel sells over $660k in company stock

March 18, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Squarespace (SQSP) and SoundThinking Inc (SSTI)

March 16, 2024 | finance.yahoo.com

SQSP Apr 2024 30.000 put

March 12, 2024 | seekingalpha.com

Squarespace Has Revenue Growth And Margin Expansion Drivers (Rating Upgrade)

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NYSE:SQSP
CUSIP: N/A
CIK: 1496963
Web: www.squarespace.com
Phone: 646-580-3456
Fax: N/A
Employees: 1,749
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $38.54
High Stock Price Target: $45.00
Low Stock Price Target: $32.00
Potential Upside/Downside: +10.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.05)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 69.88
P/E Growth: 3.48
Net Income: $-7,080,000.00
Net Margins: -0.70%
Pretax Margin: 4.97%
Return on Equity: N/A
Return on Assets: -0.85%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.68
Quick Ratio: 0.68

Sales & Book Value

Annual Sales: $1.01 billion
Price / Sales: 4.71
Cash Flow: $0.27 per share
Price / Cash Flow: 130.67
Book Value: ($1.91) per share
Price / Book: -18.29

Miscellaneous

Outstanding Shares: 136,570,000
Free Float: 72,192,000
Market Cap: $4.77 billion
Optionable: Optionable
Beta: 0.51

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Key Executives

Mr. Anthony Casalena (Age 42)
Founder, President, CEO & Chairperson of the Board
Comp: $350.29k
Mr. Nathan Gooden (Age 49)
CFO & Treasurer
Comp: $464.52k
Mr. Paul Gubbay (Age 56)
Chief Product Officer
Comp: $633.1k
Mr. John Colton
Chief Technology Officer
Clare Perry
Head of Investor Relations
Ms. Courtenay O'Connor (Age 44)
General Counsel & Secretary
Ms. Kinjil Mathur
Chief Marketing Officer
Mr. Jarlath Doherty
Chief People Officer
Mr. David Lee
Chief Creative Officer
Mr. Raphael Fontes
Senior Vice President of Customer Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SQSP Stock Analysis - Frequently Asked Questions

Should I buy or sell Squarespace stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Squarespace in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SQSP shares.
View SQSP analyst ratings or view top-rated stocks.
What is Squarespace's stock price target for 2024?: 15 brokerages have issued 1 year price targets for Squarespace's shares. Their SQSP share price targets range from $32.00 to $45.00. On average, they anticipate the company's share price to reach $38.54 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price.
View analysts price targets for SQSP or view top-rated stocks among Wall Street analysts.
How have SQSP shares performed in 2024?: Squarespace's stock was trading at $33.01 at the start of the year. Since then, SQSP shares have increased by 4.4% and is now trading at $34.47.
View the best growth stocks for 2024 here.
When is Squarespace's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our SQSP earnings forecast.
How can I listen to Squarespace's earnings call?: Squarespace will be holding an earnings conference call on Tuesday, May 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Squarespace's earnings last quarter?: Squarespace, Inc. (NYSE:SQSP) issued its quarterly earnings results on Wednesday, February, 28th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.12. The business had revenue of $270.72 million for the quarter, compared to analysts' expectations of $263.41 million. The company's revenue was up 18.3% on a year-over-year basis. During the same period last year, the firm posted ($0.07) earnings per share.

What ETFs hold Squarespace's stock?: ETFs with the largest weight of Squarespace (NYSE:SQSP) stock in their portfolio include SPDR S&P Internet ETF (XWEB), Direxion Moonshot Innovators ETF (MOON), WisdomTree Cloud Computing Fund (WCLD), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Renaissance IPO ETF (IPO) and First Trust Cloud Computing ETF (SKYY).ProShares Ultra Nasdaq Cloud Computing ETF (SKYU).
What guidance has Squarespace issued on next quarter's earnings?: Squarespace issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $274.0 million-$277.0 million, compared to the consensus revenue estimate of $271.8 million.
When did Squarespace IPO?: Squarespace (SQSP) raised $0 in an IPO on Wednesday, May 19th 2021. The company issued 0 shares at $0.00 per share. Goldman Sachs, J.P. Morgan, Barclays, RBC Capital Markets, Citigroup, BofA Securities, William Blair, Raymond James, JMP Securities, KeyBanc Capital Markets, Piper Sandler, Mizuho Securities USA, Fifth Third Securities and Citizens Capital Markets acted as the underwriters for the IPO.
Who are Squarespace's major shareholders?: Squarespace's stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Capital LLC (0.03%), FCF Advisors LLC (0.02%) and Brooklyn FI LLC (0.01%). Insiders that own company stock include Anthony Casalena, Atlantic (Sqrs) Lp General, Courtenay O'connor, Jonathan D Klein, Nathan Gooden, Paul Gubbay, Venture Growth Associate Index, Ventures Growth I (Jerse Index and Ventures Growth I Parall Index.
View institutional ownership trends.
How do I buy shares of Squarespace?: Shares of SQSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SQSP) was last updated on 4/18/2024 by MarketBeat.com Staff

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