NYSE:SQSP

Squarespace (SQSP) Stock Price, News & Analysis

$43.47
+0.22 (+0.51%)
(As of 02:33 PM ET)
Today's Range
$43.27
$43.52
50-Day Range
$31.49
$43.25
52-Week Range
$26.70
$43.52
Volume
1.11 million shs
Average Volume
963,853 shs
Market Capitalization
$5.94 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$42.08

Squarespace MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
3.0% Downside
$42.08 Price Target
Short Interest
Bearish
6.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Squarespace in the last 14 days
Based on 80 Articles This Week
Insider Trading
Selling Shares
$17.90 M Sold Last Quarter
Proj. Earnings Growth
38.64%
From $0.44 to $0.61 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.

2.31 out of 5 stars

Computer And Technology Sector

392nd out of 599 stocks

Prepackaged Software Industry

131st out of 200 stocks

SQSP stock logo

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

SQSP Stock News Headlines

Squarespace's Buyout Signals a Recovering Financial Market
Squarespace TodaySQSPSquarespace$43.25 +0.10 (+0.23%) (As of 05/16/2024 ET)52-Week Range$26.70▼$43.36Price Target$42.08Add to WatchlistShares of Squarespace Inc. NYSE: SQSP are up nearly 30% after private equity firm Permira offered to take it private through a $6.9 billion all-cash deal. Before this offer, Squarespace had a market capitalization of approximately $4.6 billion.
Squarespace’s Buyout Signals a Recovering Financial Market
Private equity firm Permira's offer to acquire Squarespace in a $6.9 billion all-cash deal indicates a recovering financial market.
Meme Stocks Have a Pulse Again, AMC’s Rally Follows GameStop’s
AMC looked to join GameStop in what could be the next chapter in the meme stock saga, however, investors will quickly find these rallies are short lived
Incyte, Squarespace rise; Chimera Investment, Amazon fall, Monday, 5/13/2024
Stocks that are trading heavily or have substantial price changes on Monday: Incyte, Squarespace rise; Chimera Investment, Amazon fall
UBS Group Reiterates Neutral Rating for Squarespace (NYSE:SQSP)
Squarespace (NYSE:SQSP) Downgraded to Hold at Baird R W
Squarespace (NYSE:SQSP) Lowered to Hold at Piper Sandler
UBS Downgrades Squarespace (SQSP)
Barclays Raises Squarespace (NYSE:SQSP) Price Target to $44.00
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
5/17/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,749
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.08
High Stock Price Target
$50.00
Low Stock Price Target
$32.00
Potential Upside/Downside
-2.7%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
16 Analysts

Profitability

Net Income
$-7,080,000.00
Pretax Margin
3.51%

Debt

Sales & Book Value

Annual Sales
$1.01 billion
Cash Flow
$0.27 per share
Book Value
($1.95) per share

Miscellaneous

Free Float
75,170,000
Market Cap
$5.91 billion
Optionable
Optionable
Beta
0.52
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SQSP Stock Analysis - Frequently Asked Questions

Should I buy or sell Squarespace stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Squarespace in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SQSP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SQSP, but not buy additional shares or sell existing shares.
View SQSP analyst ratings
or view top-rated stocks.

What is Squarespace's stock price target for 2024?

16 brokerages have issued 12-month price objectives for Squarespace's shares. Their SQSP share price targets range from $32.00 to $50.00. On average, they anticipate the company's stock price to reach $42.08 in the next year. This suggests that the stock has a possible downside of 3.2%.
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 stock has increased by 31.6% and is now trading at $43.45.
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, August 13th 2024.
View our SQSP earnings forecast
.

How were Squarespace's earnings last quarter?

Squarespace, Inc. (NYSE:SQSP) posted its 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 company earned $270.72 million during the quarter, compared to analysts' expectations of $263.41 million. The company's revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.07) earnings per share.

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

Squarespace updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $291.0 million-$294.0 million, compared to the consensus revenue estimate of $289.5 million.

When did Squarespace IPO?

Squarespace (SQSP) raised $0 in an initial public offering on Wednesday, May 19th 2021. The company issued 0 shares at a price of $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 served as the underwriters for the IPO.

Who are Squarespace's major shareholders?

Squarespace's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.91%), Riverbridge Partners LLC (1.65%), Acadian Asset Management LLC (1.20%), Kodai Capital Management LP (0.74%), Jacobs Levy Equity Management Inc. (0.70%) and Sei Investments Co. (0.24%). 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 5/17/2024 by MarketBeat.com Staff

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