Seaport Research analyst Aaron Kesler raised the firm’s price target on Squarespace to $40 from $36 and keeps a Buy rating on the shares post the Q4 report. The company demonstrated continued revenue strength in the quarter for both Presence and Commerce and the acquisition of Google Domain assets saw strong results, the analyst tells investors in a research note.
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Read More on SQSP:
- Squarespace announces $500M share repurchase program
- Squarespace sees FY24 revenue $1.17B-$1.19B, consensus $1.17B
- Squarespace sees Q1 revenue $274M-$277M, consensus $271.84M
- Squarespace reports Q4 EPS 4c, consensus 14c
- Squarespace Announces Fourth Quarter and Full Year 2023 Financial Results and $500 Million Share Repurchase Authorization
