Squarespace, Inc. operates platform for businesses and independent creators to build online presence, grow their brands, and manage their businesses across the internet. The company offers websites, domains, e-commerce, tools for managing a social media presence, marketing tools, and scheduling capabilities. It serves small and medium-sized businesses, and independent creators, such as restaurants, photographers, wedding planners, artists, musicians, and bloggers. Squarespace, Inc. was founded in 2003 and is headquartered in New York, New York.
IPO Year: 2021
Exchange: NYSE
Website: squarespace.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/5/2024 | $44.00 | Outperform → Neutral | Mizuho |
| 6/11/2024 | $43.00 | Buy → Neutral | B. Riley Securities |
| 5/10/2024 | $34.00 → $50.00 | Neutral → Buy | Mizuho |
| 3/27/2024 | $40.00 | Outperform | Raymond James |
| 3/4/2024 | $30.00 → $39.00 | Neutral → Outperform | Robert W. Baird |
| 1/24/2024 | $40.00 | Mkt Perform → Mkt Outperform | JMP Securities |
| 10/24/2023 | $35.00 | Buy | Seaport Research Partners |
| 9/26/2023 | $35.00 | Buy | BofA Securities |
| 9/22/2023 | $40.00 | Buy | UBS |
| 8/9/2023 | $29.00 → $33.00 | Equal Weight | Barclays |
BRADENTON, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Charles Jemley to its Board of Directors and as Chair of the Audit Committee effective immediately and the appointment of Michael Fleisher to its Board of Directors effective November 1, 2024. "We are pleased to welcome Charley and Michael to our Board of Directors, and we look forward to leaning on their extensive financial management expertise as we continue to scale the First Watch brand," said Ralph Alvarez, Chairman of the Board of Directors of Fi
Asset management heavyweight joins the investment firm to drive thematic-first strategies Recharge Capital, the leading $6B thematic-first private investment firm, today announced former Executive Director and Head of Bridgewater Associates Singapore, Margaret Wang, has been appointed Managing Partner focused on leading its Women's Health Strategy. Wang will lead the firm's Singapore office and spearhead the firm's operations in the APAC region. Wang joins Recharge Capital with experience in senior leadership positions at global asset managers and financial services firms. Prior to leading Bridgewater Associates Singapore, Wang served as Director of Strategic Initiatives at Paxos, a blo
NEW YORK, Oct. 12, 2022 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the all-in-one website building and ecommerce platform, today announced the appointment of Nathan Gooden as its Chief Financial Officer and Treasurer, effective October 18, 2022. Gooden has more than two decades of financial leadership in the technology sector, including most recently as Chief Financial Officer of Amazon Alexa WorldWide. "I could not be more excited to announce Nathan joining as our CFO," said Anthony Casalena, Founder & CEO of Squarespace. "Nathan is a proven financial leader and brings ex
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the all-in-one website building and ecommerce platform, today announced the expansion of its board of directors with the appointment of Neela Montgomery, effective August 3, 2022. "We are pleased to welcome Neela Montgomery to the Squarespace Board," said Anthony Casalena, Founder & CEO of Squarespace. "We believe her global leadership experience will be a tremendous benefit to our long-term growth strategy." Neela Montgomery is currently a Board Partner at Greycroft Partners LLC, a venture capital firm and
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NEW YORK, Aug. 2, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total revenue grew 20% year over year to $296.8 million in the second quarter, compared with $247.5 million in the second quarter of 2023, and 20% in constant currency.Presence revenue grew 25% year over year to $215.4 million and 26% in constant currency.Commerce revenue grew 8% year over year to $81.4 million and 8
NEW YORK, July 16, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, will report its financial results for the second quarter ended June 30, 2024, before market open on Friday, August 2, 2024. As a result of the previously announced definitive agreement to go private with Permira, Squarespace will not host an earnings conference call or live webcast to discuss its second quarter 2024 financial results. About SquarespaceSquarespace (NYSE:SQSP) is a design-driven platform helping entrepreneurs
Revenue Increased 19% in the First Quarter; FY24 Revenue Guidance Raised to 19% NEW YORK, May 7, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced results for the first quarter ended March 31, 2024. "We had a strong start to 2024, with Q1 revenue growing 19% and bookings growing 23%" said Anthony Casalena, Founder & CEO of Squarespace. "We see tremendous opportunity to drive long-term growth and profitability in the business as we broaden our customer funnel through the migra
NEW YORK, April 9, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, will report its financial results for the first quarter ended March 31, 2024, before market open on Tuesday, May 7, 2024. Squarespace will hold a conference call and live webcast to discuss financial results for the first quarter at 8:30 a.m. ET / 5:30 a.m. PT on the same day. To register, please visit the Events & Presentations section of Squarespace's Investor Relations website at investors.squarespace.com. An archived re
Revenue Increased 18% in the Fourth Quarter and 17% for the Full Year 2023, Topping $1 BillionSquarespace to Host Investor Day on May 15, 2024 NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced results for the fourth quarter and year ended December 31, 2023. "Squarespace surpassed $1 billion in revenue for the first time in its 20-year history in 2023, driven by new customer growth across markets and strong retention, which speaks to our robust product offer
NEW YORK, Jan. 22, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, will report its financial results for the fourth quarter and fiscal year ended December 31, 2023, before market open on Wednesday, February 28, 2024. Squarespace will hold a conference call and live webcast to discuss financial results for the fourth quarter and fiscal year at 8:30 a.m. ET / 5:30 a.m. PT on the same day. To register, please visit the Events & Presentations section of Squarespace's Investor Relations website
NEW YORK, Oct. 10, 2023 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, will report its financial results for the third quarter ended September 30, 2023, before market open on Tuesday, November 7, 2023. Squarespace will hold a conference call and live webcast to discuss third-quarter results at 8:30 a.m. ET / 5:30 a.m. PT on the same day. To register, please visit the Events & Presentations section of Squarespace's Investor Relations website at investors.squarespace.com. An archived replay of t
NEW YORK, Aug. 8, 2023 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced results for the second quarter ended June 30, 2023. "We are thrilled to report another strong quarter with revenue growth accelerating to 16% year over year as entrepreneurs continue to trust Squarespace to power their businesses," said Anthony Casalena, Founder & CEO of Squarespace. "We brought new technology to our customers, continued to prioritize key product improvements, and leveraged our brand momentum
NEW YORK, July 11, 2023 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, will report its financial results for the second quarter ended June 30, 2023, before market open on Tuesday, August 8, 2023. Squarespace will hold a conference call and live webcast to discuss second-quarter results at 8:30 a.m. ET / 5:30 a.m. PT on the same day. To register, please visit the Events & Presentations section of Squarespace's Investor Relations website at investors.squarespace.com. An archived replay of the we
NEW YORK, June 15, 2023 /PRNewswire/ -- Squarespace Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, announced today it has entered into a definitive asset purchase agreement with Google, whereby Squarespace will acquire the assets associated with the Google Domains business, which will be winding down following a transition period. This purchase includes approximately 10 million domains hosted on Google Domains spread across millions of customers. "We are exceptionally proud to be chosen to serve the customers of the Googl
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Permira, the global investment firm, today announced the success of its funds' cash tender offer for all outstanding shares of common stock of Squarespace, Inc. (NYSE:SQSP). The tender offer expired one minute after 11:59 p.m., New York City time, on October 11, 2024. As of expiration, 46,971,451 shares had been validly tendered and not withdrawn from the tender offer. The tendered shares together with the shares rolled over, or sold directly, by affiliates of Anthony Casalena, General Atlantic and Accel represent approximately 97.5 percent of the aggregate voting power of Squarespace's total outstanding shares, 84.4 percent of the aggregate voting power of Squarespace's total outstanding
NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Squarespace (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced Refresh 2024, its annual release of new products, features, and updates that empower entrepreneurs to unlock their creativity and take their business to the next level. As AI becomes more prevalent, Squarespace is dedicated to helping entrepreneurs harness this technology to enhance their creativity and simplify their business operations so they can focus on their passions. Squarespace is excited to introduce Des
Stockholders to receive an increase of $2.50 per share over the previously announced transaction Purchase price reflects a 36% premium over the 90-day volume weighted average trading price of $34.09, on May 10, 2024, the last trading day prior to the announcement of the original transaction Amended transaction represents 'best and final' offer and provides enhanced, immediate and certain value to Squarespace stockholders Permira to commence tender offer for all of Squarespace's outstanding shares Amended terms unanimously approved by an independent special committee of Squarespace's Board of Directors NEW YORK, Sept. 9, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP) and Permira today ann
BRADENTON, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Charles Jemley to its Board of Directors and as Chair of the Audit Committee effective immediately and the appointment of Michael Fleisher to its Board of Directors effective November 1, 2024. "We are pleased to welcome Charley and Michael to our Board of Directors, and we look forward to leaning on their extensive financial management expertise as we continue to scale the First Watch brand," said Ralph Alvarez, Chairman of the Board of Directors of Fi
Calls $44.00 per Share Merger Consideration Offered by Permira InadequateConsiders Industry Standard Methodologies of Transaction Valuation Analysis to Have Been Omitted from Fairness Opinion, Resulting in Significant UndervaluationBelieves Flawed, Self-Serving Process Was Designed to Benefit Controlling Shareholders and Permira, to the Detriment of Minority ShareholdersHighlights That the Two "Selected Comps" Singled Out by Special Committee's Financial Advisor Have Appreciated More than Premium Offered by Permira Intends to Vote AGAINST the Acquisition at the Upcoming Squarespace Special MeetingNEW YORK, Aug. 14, 2024 /PRNewswire/ -- Glazer Capital, LLC, a manager of investment funds and s
NEW YORK, Aug. 2, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total revenue grew 20% year over year to $296.8 million in the second quarter, compared with $247.5 million in the second quarter of 2023, and 20% in constant currency.Presence revenue grew 25% year over year to $215.4 million and 26% in constant currency.Commerce revenue grew 8% year over year to $81.4 million and 8
NEW YORK, July 16, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, will report its financial results for the second quarter ended June 30, 2024, before market open on Friday, August 2, 2024. As a result of the previously announced definitive agreement to go private with Permira, Squarespace will not host an earnings conference call or live webcast to discuss its second quarter 2024 financial results. About SquarespaceSquarespace (NYSE:SQSP) is a design-driven platform helping entrepreneurs
NEW YORK, June 21, 2024 /PRNewswire/ -- Squarespace (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced an agreement to sell Tock, the reservation, table, and event management technology provider, to American Express (NYSE:AXP) for $400 million. "American Express has demonstrated its commitment to the hospitality industry, and we believe that as part of American Express, Tock will deliver enhanced value to our customers through access to a broad network of diners," said Matthew Tucker, Head of Tock. "We appreciate A
American Express (NYSE:AXP) today announced an agreement to acquire Tock, a reservation, table, and event management technology provider, from Squarespace (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online. The Company also announced an agreement to acquire Rooam, a technology company that powers mobile payments, ordering and integrations with point of sale, marketing and loyalty systems used by restaurants and entertainment venues. The acquisitions build on American Express' previous investments in dining, travel, and entertainment, expanding the company's suite of digital tools for restaurants and merchants to better serve their customers, the
NEW YORK, May 17, 2024 (GLOBE NEWSWIRE) -- If you invested in Squarespace (NYSE:SQSP) you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/squarespace-inc-investigation, or contacting us below. Claim Details: On May 13, 2024, Squarespace, Inc. announced a deal to be acquired by to go private by Permira, the global private equity firm, in an all-cash transaction valued at approximately $6.9 billion. Under the terms of the agreement, Squarespace stockholders will receive $44.00 per share in cash representing a transaction valued at over $6.6 billion on an equity value basis and approximately $6.9 billion on an enterprise value basis. BFA is curr
Mizuho downgraded Squarespace from Outperform to Neutral and set a new price target of $44.00
B. Riley Securities downgraded Squarespace from Buy to Neutral and set a new price target of $43.00
Mizuho upgraded Squarespace from Neutral to Buy and set a new price target of $50.00 from $34.00 previously
Raymond James resumed coverage of Squarespace with a rating of Outperform and set a new price target of $40.00
Robert W. Baird upgraded Squarespace from Neutral to Outperform and set a new price target of $39.00 from $30.00 previously
JMP Securities upgraded Squarespace from Mkt Perform to Mkt Outperform and set a new price target of $40.00
Seaport Research Partners initiated coverage of Squarespace with a rating of Buy and set a new price target of $35.00
BofA Securities resumed coverage of Squarespace with a rating of Buy and set a new price target of $35.00
UBS initiated coverage of Squarespace with a rating of Buy and set a new price target of $40.00
Barclays reiterated coverage of Squarespace with a rating of Equal Weight and set a new price target of $33.00 from $29.00 previously