Squarespace (SQSP) Content-Generation A.I. Is A Driver Of Subscriber Monetization & Growth

Squarespace’s (SQSP) suite of content-generation A.I. products is a driver behind near-term subscriber monetization and long-term subscriber growth, notes a USB analyst. USB initiated coverage with a buy rating and a $40 price target. George Tsilis discusses SQSP as the USB analyst also highlights that SQSP is “taking the right steps to position itself for durable revenue growth as they expand deeper into international markets.” They also predict that margins should expand as the company’s fixed costs plateau. SQSP is up over 35% year-over-year and up over 30% year-to-date. Tune in to find out more about the stock market today.