Squarespace Inc Class A

SQSP: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$13.20CsvbQhwsgrsly

Squarespace Earnings: Solid Second-Quarter Results as Squarespace Is Set to Go Private by Year-End

We maintain our $44 fair value estimate for no-moat Squarespace after the firm reported solid second-quarter results. As announced in May 2024, Squarespace will be acquired by private equity firm Permira in a cash transaction valued at $6.9 billion, including outstanding debt. The acquisition is expected to close by the fourth quarter of 2024, and consequently, Squarespace is not providing guidance or hosting an earnings call.

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