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Squarespace, Inc.NYSE:SQSP Stock Report

Market Cap US$6.5b
Share Price
n/a
n/a
0
1Y56.2%
7D0.2%
1D
Portfolio Value
View

Squarespace, Inc.

NYSE:SQSP Stock Report

Market Cap: US$6.5b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Squarespace (SQSP) Stock Overview

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. More details

SQSP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

SQSP Community Fair Values

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Squarespace, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Squarespace
Historical stock prices
Current Share PriceUS$46.57
52 Week HighUS$46.69
52 Week LowUS$26.70
Beta0.62
1 Month Change0.37%
3 Month Change6.23%
1 Year Change56.22%
3 Year Change17.22%
5 Year Changen/a
Change since IPO6.69%

Recent News & Updates

Recent updates

Seeking Alpha Mar 22

Squarespace Q4: FY24 Guidance Seems Too Conservative

Summary Squarespace reported strong operating performance in 4Q23, beating revenue expectations and generating higher-than-expected free cash flow. The company's price increases have been successful in driving revenue growth, and further pricing growth is expected in the future. The FY24 guidance provided by Squarespace may be too conservative, as it does not account for potential price hikes and underestimates the revenue potential from the acquired Google domains. Read the full article on Seeking Alpha
Seeking Alpha Mar 12

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

Summary Squarespace's Google Domains acquisition has a favorable impact on the company's future revenue, taking into account the huge potential for cross-selling. Price increases and new high-margin products are the key levers that SQSP can pull to improve its margins going forward. I raise my rating for SQSP to a Buy, considering its top-line expansion and profitability improvement drivers, and the stock's relatively lower Enterprise Value-to-Revenue multiple as compared to peers. Read the full article on Seeking Alpha
Seeking Alpha Dec 12

Sizing Up Squarespace

Summary Squarespace, Inc. is seeing solid revenue growth and moving quickly towards profitability. However, valuations seem somewhat stretched at current levels and there has been some notable insider selling in the stock. An analysis around Squarespace follows in the paragraphs below. Read the full article on Seeking Alpha
Seeking Alpha Oct 04

Squarespace's Business Model: Pros And Cons

Summary Squarespace is a website design platform known for its user-friendly tools and visually appealing web designs. While the stock's valuation is reasonable, there are some noteworthy concerns worth considering. Despite concerns about consumption-based pricing models and a flattening unique subscription rate, Squarespace's strong free cash flow generation and reasonable valuation make it an attractive option for investors. Read the full article on Seeking Alpha
Seeking Alpha Aug 30

Squarespace Grows But Valuation May Be Full Here

Summary Squarespace, Inc. reported Q2 2023 financial results, beating revenue but missing EPS estimates. The company provides web hosting services for small businesses globally. The global web hosting services market is expected to reach $396 billion by 2030, driving growth for Squarespace and its competitors. While international markets may provide a revenue boost over priors, the stock may be fully valued at around $30.00, so I'm Neutral [Hold] on Squarespace for the near term. Read the full article on Seeking Alpha
Seeking Alpha Jun 22

Squarespace: Unveiling The Path To Success, 22x FCF

Summary Squarespace has an attractive valuation with steady mid-teens growth rates. User-friendly tools empowering individuals and businesses to create, optimize, and sell online. Consistent revenue growth in the mid-teens, driven by a loyal customer base and reliance on pricing strategies. One blemish: sequential slowdown in subscription growth is a risk to monitor. Read the full article on Seeking Alpha

Shareholder Returns

SQSPUS ITUS Market
7D0.2%13.4%1.6%
1Y56.2%4.9%28.2%

Return vs Industry: SQSP exceeded the US IT industry which returned 26.1% over the past year.

Return vs Market: SQSP exceeded the US Market which returned 32.2% over the past year.

Price Volatility

Is SQSP's price volatile compared to industry and market?
SQSP volatility
SQSP Average Weekly Movement0.8%
IT Industry Average Movement11.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: SQSP has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SQSP's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20031,749Anthony Casalenawww.squarespace.com

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. Fundamentals Summary

How do Squarespace's earnings and revenue compare to its market cap?
SQSP fundamental statistics
Market capUS$6.47b
Earnings (TTM)-US$4.97m
Revenue (TTM)US$1.11b
5.9x
P/S Ratio
-1,303x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SQSP income statement (TTM)
RevenueUS$1.11b
Cost of RevenueUS$285.12m
Gross ProfitUS$820.58m
Other ExpensesUS$825.55m
Earnings-US$4.97m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin74.21%
Net Profit Margin-0.45%
Debt/Equity Ratio-224.4%

How did SQSP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/17 08:29
End of Day Share Price 2024/10/16 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Squarespace, Inc. is covered by 18 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor YoungBarclays
Sunil RajgopalBerenberg
Michael McGovernBofA Global Research