SQSP - Squarespace, Inc. Stock Price, Fair Value and News

37.10USD+0.22 (+0.60%)Delayed as of 08 May 2024, 09:57 am ET

Market Summary

USD37.10+0.22

Delayedas of 08 May 2024, 09:57 am

0.60%

SQSP Alerts

2 major insider sales recently.

Big fall in earnings (Y/Y)

SQSP Stock Price

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SQSP RSI Chart

SQSP Valuation

Market Cap

5.1B

Price/Earnings (Trailing)

-678.89

Price/Sales (Trailing)

4.78

EV/EBITDA

40.09

Price/Free Cashflow

21.5

SQSP Price/Sales (Trailing)

SQSP Profitability

Operating Margin

76.78%

EBT Margin

3.51%

Return on Equity

-0.82%

Return on Assets

-0.77%

Free Cashflow Yield

4.65%

SQSP Fundamentals

SQSP Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

18.61%

Rev. Growth (Qtr)

3.85%

SQSP Earnings

Earnings (TTM)

-7.4M

Earnings Growth (Yr)

-71.31%

Earnings Growth (Qtr)

-97.26%

Breaking Down SQSP Revenue

52 Week Range

27.2637.24

(Low)(High)

Last 7 days

5.8%

Last 30 days

-0.2%

Last 90 days

15.4%

Trailing 12 Months

33.3%

How does SQSP drawdown profile look like?

SQSP Financial Health

Current Ratio

0.7

Debt/Equity

0.56

Debt/Cashflow

0.5

SQSP Investor Care

Shares Dilution (1Y)

1.50%

Diluted EPS (TTM)

-0.05

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	896.2M	931.1M	970.4M	1.0B
2022	812.2M	828.8M	845.6M	867.0M
2021	663.9M	710.3M	748.9M	784.0M
2020	518.9M	553.0M	587.0M	621.1M
2019	0	0	0	484.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Squarespace, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 29, 2024	casalena anthony	sold	-970,289	35.62	-27,240	chief executive officer
Apr 26, 2024	casalena anthony	sold	-1,428,320	35.54	-40,189	chief executive officer
Apr 16, 2024	casalena anthony	sold	-1,291,870	35.53	-36,360	chief executive officer
Apr 15, 2024	casalena anthony	sold	-1,614,680	35.5742	-45,389	chief executive officer
Apr 12, 2024	gubbay paul	sold	-92,025	36.81	-2,500	chief product officer
Apr 11, 2024	klein jonathan d	sold	-1,778,850	37.65	-47,247	-
Apr 08, 2024	klein jonathan d	sold	-26,250	37.5	-700	-
Apr 04, 2024	klein jonathan d	sold	-77,028	37.52	-2,053	-
Apr 03, 2024	casalena anthony	sold	-1,116,020	36.5	-30,576	chief executive officer
Apr 02, 2024	casalena anthony	sold	-1,880,060	36.24	-51,878	chief executive officer

Which funds bought or sold SQSP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	sold off	-100	-358,786	-	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-15.98	-58,000	748,000	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	17.00	183	-%
May 06, 2024	SG Americas Securities, LLC	reduced	-62.95	-218,000	151,000	-%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-297	-	-%
May 06, 2024	Parallel Advisors, LLC	unchanged	-	28.00	292	-%
May 06, 2024	Manchester Capital Management LLC	sold off	-100	-1,024	-	-%
May 06, 2024	HighTower Advisors, LLC	added	0.39	569,000	5,753,000	0.01%
May 06, 2024	Savant Capital, LLC	new	-	233,327	233,327	-%
May 06, 2024	Quantbot Technologies LP	reduced	-50.72	-929,107	1,108,470	0.06%

Are Funds Buying or Selling SQSP?

Are funds buying SQSP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SQSP

No. of Funds

Unveiling Squarespace, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	wellington management group llp	11.03%	9,782,525	SC 13G/A
Mar 07, 2024	blackrock inc.	4.8%	4,247,686	SC 13G/A
Feb 14, 2024	index ventures growth i (jersey) l.p.	0.0%	0	SC 13G/A
Feb 13, 2024	general atlantic, l.p.	16.7%	15,586,169	SC 13G/A
Feb 13, 2024	vanguard group inc	7.20%	6,345,007	SC 13G
Feb 13, 2024	casalena anthony	35.9%	47,042,884	SC 13G/A
Feb 12, 2024	accel growth fund l.p.	14.5%	12,808,246	SC 13G/A
Feb 08, 2024	wellington management group llp	9.40%	8,284,051	SC 13G
Feb 02, 2024	blackrock inc.	5.3%	4,642,173	SC 13G
Feb 14, 2023	accel growth fund l.p.	14.4%	12,808,246	SC 13G/A

Recent SEC filings of Squarespace, Inc.

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Apr 30, 2024	4	Insider Trading
Apr 29, 2024	144	Notice of Insider Sale Intent
Apr 26, 2024	144	Notice of Insider Sale Intent
Apr 22, 2024	DEF 14A	DEF 14A
Apr 22, 2024	DEFA14A	DEFA14A
Apr 17, 2024	4	Insider Trading
Apr 16, 2024	144	Notice of Insider Sale Intent
Apr 16, 2024	4	Insider Trading

Peers (Alternatives to Squarespace, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.0T	236.6B	-3.84%	32.57%	35.29	12.85	13.97%	24.86%
ADBE	220.5B	19.9B	1.47%	43.08%	45.94	11.06	10.76%	1.35%
CRWD	74.6B	3.1B	-0.92%	136.08%	835.11	24.41	36.33%	148.75%
SQ	44.1B	22.9B	-7.22%	21.77%	88.59	1.93	23.28%	240.37%
AKAM	15.4B	3.8B	-4.30%	28.13%	28.13	4.04	5.40%	4.57%
FFIV	9.9B	2.8B	-12.51%	24.66%	19.79	3.54	0.20%	52.82%
MID-CAP
ALTR	7.1B	619.6M	1.87%	27.35%	742.16	11.48	7.11%	116.83%
HCP	6.4B	583.1M	27.04%	10.44%	-33.34	10.9	22.54%	30.49%
ACIW	3.8B	1.5B	10.88%	47.29%	25.9	2.56	6.51%	54.77%
APPN	2.3B	560.0M	-16.33%	-10.37%	-21.7	4.17	14.52%	34.67%
SMALL-CAP
CSGS	1.2B	1.2B	-13.79%	-13.91%	19.38	1.07	3.70%	18.24%
ATEN	1.2B	254.7M	15.48%	12.87%	25.25	4.53	-7.51%	2.74%
BAND	597.2M	634.3M	28.96%	99.38%	-20.46	0.94	9.43%	-197.31%
DTSS	18.7M	7.0M	-11.44%	-56.06%	-2.18	2.91	-55.73%	-45.27%
BLIN	12.5M	15.6M	-8.27%	32.61%	-1.25	0.8	-6.37%	-5256.07%

Squarespace, Inc. News

Latest updates

Squarespace, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	3.9%	281	271	257	248	237	229	218	213	208	207	201	196	180	172	162	150	137	-
Cost Of Revenue	16.0%	81.00	70.00	52.00	43.00	43.00	40.00	39.00	37.00	37.00	34.00	33.00	33.00	27.00	26.00	25.00	24.00	-	-
Gross Profit	-0.3%	200	201	205	204	194	189	179	176	171	174	168	164	152	146	138	126	113	-
Operating Expenses	17.5%	215	183	178	168	193	386	167	167	206	173	161	404	159	148	110	99.00	-	-
S&GA Expenses	28.4%	118	92.00	81.00	75.00	102	66.00	74.00	69.00	113	91.00	80.00	71.00	98.00	74.00	60.00	51.00	-	-
R&D Expenses	8.3%	67.00	62.00	60.00	61.00	59.00	57.00	54.00	59.00	57.00	51.00	49.00	49.00	42.00	57.00	38.00	36.00	-	-
EBITDA Margin	-3.8%	0.12*	0.13*	-0.10*	-0.13*	-0.16*	-0.20*	0.04*	0.03*	-0.29*	-0.26*	-0.28*	-0.28*	0.09*	0.09*	0.14*	0.15*	0.16*	0.17*
Interest Expenses	-3.1%	10.00	11.00	9.00	9.00	8.00	7.00	5.00	3.00	2.00	3.00	2.00	3.00	3.00	2.00	2.00	2.00	-	-
Income Taxes	-836.3%	-20.78	-2.22	41.00	26.00	-7.94	20.00	3.00	-52.65	57.00	16.00	4.00	-10.41	-5.78	-12.24	4.00	4.00	-	-
Earnings Before Taxes	-779.4%	-20.63	3.00	25.00	30.00	-7.44	-214	13.00	12.00	-36.04	-0.05	7.00	-244	-6.93	-7.98	22.00	23.00	-	-
EBT Margin	-29.3%	0.04*	0.05*	-0.17*	-0.19*	-0.22*	-0.26*	-0.01*	-0.02*	-0.34*	-0.31*	-0.34*	-0.34*	0.04*	0.04*	0.11*	0.12*	0.12*	0.13*
Net Income	-97.3%	0.00	5.00	-16.50	4.00	1.00	-233	10.00	64.00	-92.86	-16.31	3.00	-234	-1.15	4.00	18.00	19.00	-10.13	-
Net Income Margin	-0.7%	-0.01*	-0.01*	-0.25*	-0.24*	-0.18*	-0.29*	-0.04*	-0.05*	-0.42*	-0.32*	-0.31*	-0.30*	0.06*	0.05*	0.10*	0.11*	0.11*	0.12*
Free Cashflow	43.0%	82.00	57.00	47.00	48.00	61.00	36.00	38.00	34.00	44.00	11.00	45.00	7.00	49.00	5.00	43.00	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Assets	4.7%	965	922	905	766	754	731	963	994	990	900	906	867	307
Current Assets	15.9%	434	374	341	372	356	328	329	349	337	342	330	283	140
Cash Equivalents	8.9%	281	258	216	274	239	197	200	215	230	203	200	160	58.00
Net PPE	0.9%	59.00	58.00	57.00	54.00	52.00	52.00	52.00	53.00	53.00	53.00	49.00	46.00	49.00
Goodwill	0%	210	210	210	210	210	210	436	436	352	436	352	421	83.00
Liabilities	4.2%	1,232	1,182	1,193	1,058	1,073	1,034	1,025	1,036	1,080	913	922	905	840
Current Liabilities	12.3%	617	550	545	486	489	438	427	424	452	367	371	361	289
Long Term Debt	-3.1%	504	520	532	453	463	473	484	494	504	513	516	519	526
LT Debt, Current	8.3%	53.00	49.00	49.00	41.00	41.00	41.00	33.00	26.00	20.00	14.00	14.00	14.00	14.00
LT Debt, Non Current	-100.0%	-	520	532	453	463	473	484	494	504	513	516	519	526
Shareholder's Equity	-	-	-	905	883	859	876	887	914	929	912	892	871	9.00
Retained Earnings	0.0%	-1,184	-1,184	-1,189	-1,172	-1,176	-1,177	-943	-953	-1,017	-924	-908	-911	-675
Additional Paid-In Capital	-0.7%	919	925	905	883	859	876	887	914	929	912	892	871	9.00
Shares Outstanding	1.0%	137	136	136	135	135	138	139	140	139	96.00	81.00	52.00	18.00
Float	-	-	-	-	1,400	-	-	-	650	-	-	-	1,700	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	39.5%	85,219	61,090	53,325	52,547	64,155	39,102	41,434	36,413	47,270	14,990	49,344	8,692	50,131	6,263	44,853	-	-
Share Based Compensation	1.2%	28,167	27,827	28,317	29,479	22,126	27,482	24,094	26,860	24,097	23,825	23,734	250,513	9,852	8,431	7,653	-	-
Cashflow From Investing	-1207.1%	-50,416	-3,857	-182,695	-4,092	28,765	-6,475	1,255	-6,765	-46.00	-4,036	612	-8,654	-195,652	58,235	-31,559	-	-
Cashflow From Financing	-129.0%	-47,939	-20,935	78,632	-17,706	-48,178	-41,891	-55,791	-45,343	-9,811	-7,459	-6,908	-13,224	288,304	-135,709	-5,432	-	-
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	327,745	-	-	-
Buy Backs	1721.0%	12,164	668	-	-	25,321	34,613	50,378	35,202	-	-14,938	4,142	12,319	13,416	-14,205	3,385	5,276	-

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SQSP Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 1,012,336,000	$ 866,972,000	$ 784,038,000
Cost of revenue	207,520,000	152,655,000	126,631,000
Gross profit	804,816,000	714,317,000	657,407,000
Operating expenses:
Research and product development	242,188,000	227,297,000	190,371,000
Marketing and sales	349,574,000	322,051,000	339,965,000
General and administrative	129,326,000	151,620,000	367,945,000
Impairment charge	0	225,163,000	0
Total operating expenses	721,088,000	926,131,000	898,281,000
Operating income/(loss)	83,728,000	(211,814,000)	(240,874,000)
Interest expense	(36,768,000)	(18,207,000)	(11,081,000)
Other income, net	3,362,000	5,030,000	6,631,000
Income/(loss) before provision for income taxes	50,322,000	(224,991,000)	(245,324,000)
Provision for income taxes	(57,403,000)	(27,230,000)	(3,825,000)
Net loss	(7,081,000)	(252,221,000)	(249,149,000)
Less: accretion of redeemable convertible preferred stock to redemption value	0	0	(969,000)
Net loss attributable to Class A, Class B, Class C common stockholders, basic	(7,081,000)	(252,221,000)	(250,118,000)
Net loss attributable to Class A, Class B, Class C common stockholders, dilutive	$ (7,081,000)	$ (252,221,000)	$ (250,118,000)
Net loss per share attributable to Class A, Class B and Class C common stockholders, basic (in dollars per share)	$ (0.05)	$ (1.82)	$ (2.60)
Net loss per share attributable to Class A, Class B and Class C common stockholders, dilutive (in dollars per share)	$ (0.05)	$ (1.82)	$ (2.60)
Weighted-average shares used in computing net loss per share attributable to Class A, Class B and Class C common stockholders, basic (in shares)	135,531,363	138,409,491	96,234,381
Weighted-average shares used in computing net loss per share attributable to Class A, Class B and Class C common stockholders, dilutive (in shares)	135,531,363	138,409,491	96,234,381

SQSP Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 257,702	$ 197,037
Restricted cash	36,583	35,583
Investment in marketable securities	0	31,757
Accounts receivable	24,894	10,748
Due from vendors	6,089	4,442
Prepaid expenses and other current assets	48,947	48,326
Total current assets	374,215	327,893
Property and equipment, net	58,211	51,633
Operating lease right-of-use assets	77,764	86,824
Goodwill	210,438	210,438
Intangible assets, net	190,103	42,808
Other assets	11,028	10,921
Total assets	921,759	730,517
Current liabilities:
Accounts payable	12,863	12,987
Accrued liabilities	99,435	64,360
Deferred revenue	333,191	269,689
Funds payable to customers	42,672	38,845
Debt, current portion	48,977	40,758
Operating lease liabilities, current portion	12,640	11,514
Total current liabilities	549,778	438,153
Deferred income taxes, non-current portion	1,039	788
Debt, non-current portion	519,816	473,167
Operating lease liabilities, non-current portion	97,714	110,169
Other liabilities	13,764	11,231
Total liabilities	1,182,111	1,033,508
Commitments and contingencies (see Note 13)
Redeemable convertible preferred stock, par value of $0.0001; zero shares authorized as of December 31, 2023 and 2022, respectively; zero shares issued and outstanding as of December 31, 2023 and 2022, respectively	0	0
Preferred stock, par value of $0.0001; 100,000,000 shares authorized as of December 31, 2023 and 2022, respectively; zero shares issued and outstanding as of December 31, 2023 and 2022, respectively	0	0
Stockholders’ deficit:
Additional paid in capital	924,634	875,737
Accumulated other comprehensive loss	(843)	(1,665)
Accumulated deficit	(1,184,157)	(1,177,076)
Total stockholders’ deficit	(260,352)	(302,991)
Total liabilities, redeemable convertible preferred stock and stockholders’ deficit	921,759	730,517
Class A common stock, par value of $0.0001; 1,000,000,000 shares authorized as of December 31, 2023 and 2022, respectively; 88,545,012 and 87,754,534 shares issued and outstanding as of December 31, 2023 and 2022, respectively
Stockholders’ deficit:
Common stock	9	8
Class B common stock, par value of $0.0001; 100,000,000 shares authorized as of December 31, 2023 and 2022, respectively; 47,844,755 shares issued and outstanding as of December 31, 2023 and 2022, respectively
Stockholders’ deficit:
Common stock	5	5
Class C common stock (authorized March 15, 2021), par value of $0.0001; zero shares authorized as of December 31, 2023 and 2022, respectively; zero shares issued and outstanding as of December 31, 2023 and 2022, respectively
Stockholders’ deficit:
Common stock	0	0
Class C common stock (authorized May 10, 2021), par value of $0.0001; 1,000,000,000 shares authorized as of December 31, 2023 and 2022, respectively; zero shares issued and outstanding as of December 31, 2023 and 2022, respectively
Stockholders’ deficit:
Common stock	$ 0	$ 0

About Squarespace, Inc.

Squarespace, Inc. operates platform for businesses and independent creators to build online presence, grow their brands, and manage their businesses across the internet. Its suite of integrated products 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.

CEO	Mr. Anthony Casalena
WEBSITE	squarespace.com
INDUSTRY	Software - Infra
EMPLOYEES	1800

Squarespace, Inc. Frequently Asked Questions

What is the ticker symbol for Squarespace, Inc.? What does SQSP stand for in stocks?

SQSP is the stock ticker symbol of Squarespace, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Squarespace, Inc. (SQSP)?

As of Tue May 07 2024, market cap of Squarespace, Inc. is 5.05 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SQSP stock?

You can check SQSP's fair value in chart for subscribers.

What is the fair value of SQSP stock?

You can check SQSP's fair value in chart for subscribers. The fair value of Squarespace, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Squarespace, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SQSP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Squarespace, Inc. a good stock to buy?

The fair value guage provides a quick view whether SQSP is over valued or under valued. Whether Squarespace, Inc. is cheap or expensive depends on the assumptions which impact Squarespace, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SQSP.

What is Squarespace, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, SQSP's PE ratio (Price to Earnings) is -678.89 and Price to Sales (PS) ratio is 4.78. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SQSP PE ratio will change depending on the future growth rate expectations of investors.