Squarespace, Inc. (SQSP)
NYSE: SQSP · IEX Real-Time Price · USD
34.49
-0.25 (-0.72%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Squarespace Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Squarespace stock have an average target of 38.29, with a low estimate of 32 and a high estimate of 45. The average target predicts an increase of 11.02% from the current stock price of 34.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Squarespace stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Buy | 1 | 1 | 2 | 2 | 4 | 4 |
| Hold | 8 | 8 | 6 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Initiates $40 | Buy | Initiates | $40 | +15.98% | Mar 27, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $40 → $45 | Buy | Maintains | $40 → $45 | +30.47% | Mar 18, 2024 |
| Baird | Baird | Hold → Buy Upgrades $30 → $39 | Hold → Buy | Upgrades | $30 → $39 | +13.08% | Mar 4, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $32 → $35 | Hold | Maintains | $32 → $35 | +1.48% | Feb 29, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $41 → $43 | Strong Buy | Maintains | $41 → $43 | +24.67% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
1.21B
from 1.01B
Increased by 19.23%
Revenue Next Year
1.38B
from 1.21B
Increased by 14.33%
EPS This Year
0.40
from -0.05
EPS Next Year
0.65
from 0.40
Increased by 64.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.6B | 1.6B | 1.9B | 2.1B |
| Avg | 1.2B | 1.4B | 1.5B | 1.7B | 1.9B |
| Low | 1.2B | 1.3B | 1.4B | 1.5B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.1% | 35.8% | 18.8% | 22.3% | 23.1% |
| Avg | 19.2% | 14.3% | 11.2% | 10.5% | 10.2% |
| Low | 13.8% | 6.5% | 3.8% | -1.9% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.82 | 1.23 | 1.30 |
| Avg | 0.40 | 0.65 | 0.89 |
| Low | 0.16 | 0.21 | 0.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 210.2% | 100.1% |
| Avg | - | 64.1% | 36.1% |
| Low | - | -48.1% | -32.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.