Squarespace (SQSP) Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Squarespace in the last twelve months. There are currently 7 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SQSP shares.
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16 brokerages have issued 12 month price targets for Squarespace's shares. Their SQSP share price forecasts range from $22.00 to $40.00. On average, they predict the company's stock price to reach $34.50 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price.
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Squarespace's stock was trading at $22.17 at the beginning of the year. Since then, SQSP stock has increased by 30.7% and is now trading at $28.97.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our SQSP earnings forecast.

Squarespace, Inc. (NYSE:SQSP) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.17. The firm earned $247.50 million during the quarter, compared to analysts' expectations of $243.34 million. Squarespace had a negative trailing twelve-month return on equity of 2.24% and a negative net margin of 23.60%. The business's revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 earnings per share.

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) and First Trust Cloud Computing ETF (SKYY).Invesco Bloomberg MVP Multi-factor ETF (PWC).

Squarespace updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $250.00 million-$253.00 million, compared to the consensus revenue estimate of $245.64 million.

(SQSP) raised $0 in an initial public offering (IPO) 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 acted as the underwriters for the IPO.

Squarespace trades on the New York Stock Exchange (NYSE) under the ticker symbol "SQSP."

Shares of SQSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SQSP stock can currently be purchased for approximately $28.97.

Squarespace (NYSE:SQSP) has a market capitalization of $3.93 billion and generates $866.97 million in revenue each year. The company earns $-252,220,000.00 in net income (profit) each year or ($1.62) on an earnings per share basis.

The company employs 1,800 workers across the globe.

Squarespace's mailing address is 187 LAFAYETTE STREET 4TH FLOOR, NEW YORK NY, 10013. The official website for the company is www.squarespace.com. The company can be reached via phone at 646-580-3456 or via email at investors@squarespace.com.