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Is Squarespace stock a buy?

Last updated on September 24, 2022 @ 11:28 pm

Squarespace is a web design and hosting company that lets users create their own website or blog. The company has a stock market valuation of $2.

4 billion.

There are a few things to consider when assessing whether or not Squarespace stock is a buy. First, the company has been growing rapidly, with revenue increasing by 171% in the last three years.

This growth has been helped by the popularity of the company’s free website builder, which has seen a surge in use in recent years.

PRO TIP: Squarespace is not a publicly traded company, so there is no stock to buy.

Second, while Squarespace has seen some competition from rivals in the past, such as Weebly, it still has a market share of around 30%. This means that there is still a lot of room for the company to grow, which could lead to further price increases.

Finally, Squarespace is a relatively safe investment. The company has a very low risk of bankruptcy, and has a strong track record of paying its shareholders dividends.

This means that, even if the company does not continue to grow rapidly, investors will still be able to make a profit.

All things considered, Squarespace stock is a buy. While there are some risks associated with the company, such as competition from rivals, these are outweighed by the potential for growth and profit.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.