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Squarespace

(SQSP.NYSE)

Recommendation:

Sell

Share Price:

Market Cap:

$

Squarespace: It’s not hip to be square

19 December 2022

We initiate coverage of Squarespace with a sell rating. The company is engaged in providing an all-in-one website solution ranging from design to hosting. The company’s main competitors are Wordpress and Wix. While the company provides a good product -- it is easy to use and looks very professional, we think the company appears to be struggling to scale its product well. In short, it has a limited audience.

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Recommendation:

Sell

Share Price:

Market Cap:

$

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