With the business potentially at an important milestone, we thought we'd take a closer look at Squarespace, Inc.'s (NYSE:SQSP) future prospects. Squarespace, Inc. operates platform for businesses and independent creators to build online presence, grow their brands, and manage their businesses across the internet. With the latest financial year loss of US$250m and a trailing-twelve-month loss of US$43m, the US$2.9b market-cap company alleviated its loss by moving closer towards its target of breakeven. The most pressing concern for investors is Squarespace's path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts' expectations for the company.
See our latest analysis for Squarespace
Consensus from 15 of the American IT analysts is that Squarespace is on the verge of breakeven. They anticipate the company to incur a final loss in 2021, before generating positive profits of US$11m in 2022. The company is therefore projected to breakeven around 12 months from now or less. How fast will the company have to grow to reach the consensus forecasts that anticipate breakeven by 2022? Working backwards from analyst estimates, it turns out that they expect the company to grow 49% year-on-year, on average, which is rather optimistic! If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.
NYSE:SQSP Earnings Per Share Growth September 1st 2022
Given this is a high-level overview, we won't go into details of Squarespace's upcoming projects, though, take into account that typically a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.
Before we wrap up, there's one issue worth mentioning. Squarespace currently has negative equity on its balance sheet. This can sometimes arise from accounting methods used to deal with accumulated losses from prior years, which are viewed as liabilities carried forward until it cancels out in the future. Oftentimes, losses exist only on paper but other times, it can be a red flag.
Next Steps:
There are too many aspects of Squarespace to cover in one brief article, but the key fundamentals for the company can all be found in one place – Squarespace's company page on Simply Wall St. We've also compiled a list of important aspects you should further research:
- Valuation: What is Squarespace worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Squarespace is currently mispriced by the market.
- Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Squarespace's board and the CEO's background.
- Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
隨着業務可能處於一個重要的里程碑,我們認為我們應該更仔細地看看Squaspace,Inc.(紐約證券交易所代碼:SQSP)未來的前景。Squaepace,Inc.為企業和獨立創建者運營平臺,以建立在線影響力,發展他們的品牌,並通過互聯網管理他們的業務。最近一財年虧損2.5億美元,往績12個月虧損4300萬美元,這家市值29億美元的公司通過向盈虧平衡目標靠攏,緩解了虧損。投資者最迫切的擔憂是Squaepace的盈利之路--它什麼時候能實現收支平衡?下面我們將對行業分析師對該公司的預期進行高水平的總結。
查看我們對SquaSpace的最新分析
15位美國IT分析師的共識是,Squaepace即將實現盈虧平衡。他們預計該公司將在2021年出現最終虧損,然後在2022年產生1100萬美元的正利潤。因此,該公司預計在12個月左右或更短的時間內實現盈虧平衡。該公司必須以多快的速度增長,才能達到預計到2022年實現盈虧平衡的共識預測?從分析師的預測向後推算,他們平均預計公司同比增長49%,這是相當樂觀的!如果這一速度被證明過於激進,該公司實現盈利的時間可能比分析師預測的要晚得多。
紐約證券交易所:SQSP每股收益增長2022年9月1日
鑑於這只是一個高層次的概述,我們不會深入討論Squaepace即將到來的項目的細節,但考慮到通常情況下高增長率並不是不尋常的,特別是在公司處於投資期的時候。
在我們結束之前,有一個問題值得一提。Squaspace目前的資產負債表上為負資產。這有時可能是因為用於處理前幾年累積損失的會計方法,這些損失被視為結轉的負債,直到將來註銷。通常情況下,損失只存在於賬面上,但在其他時候,它可能是一個危險信號。
接下來的步驟:
SquaSpace涉及的方面太多了,一篇簡短的文章無法涵蓋,但該公司的關鍵基本面都可以在一個地方找到--那就是SquaSpace在Simply Wall St.上的公司頁面。我們還整理了一份重要方面的清單,你應該進一步研究:
- 估值:Squaspace今天值多少錢?未來的增長潛力已經計入價格因素了嗎?我們免費研究報告中的內在價值信息圖有助於直觀地瞭解SquaSpace目前是否被市場錯誤定價。
- 管理團隊:經驗豐富的管理團隊掌舵增加了我們對業務的信心-看看Squaepace董事會的成員和首席執行官的背景。
- 其他高表現股票:有沒有其他股票可以提供更好的前景,並有經過證實的記錄?在這裏探索我們的這些偉大股票的免費列表。
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。