Here's How Much Investing $1,000 In The 2015 Square IPO Would Be Worth Today

Investors who owned stocks in the past five years generally experienced some big gains. In fact, Since Nov. 19, 2015, the SPDR S&P 500 SPY total return is 74.7%.

On that day, Square Inc SQ held its IPO, and IPO investors have significantly outperformed the market in the five years that have followed.

Square’s Big Debut: Digital payment pioneer Square was founded in 2009 and made the move to go public just six years later. It priced its IPO at $9 per share, slightly short of its targeted range of between $11 and $13. Square raised $243 million at a valuation of around $2.9 billion.

At the time of its IPO, Square’s valuation was down more than 50% from the $6 billion valuation indicated in a private fundraising round in 2014.

After selling IPO shares at $9, Square shares hit the ground running, opening at around $11.20 per share and continuing upward to as high as $15.91 in early 2016. At that point, the stock cooled off and dropped back to as low as $8.42 in mid-2016. From mid-2016 to late 2018, Square went on a historic run that carried the stock all the way up to $101.15.

In January 2018, Square announced its Cash App would begin allowing users to buy and sell bitcoin.

From late 2018 to early 2020, Square mostly traded in a wide, sideways trading range of between $50 and $85.

Related Link: Here's How Much Investing $1,000 In PayPal's 2015 Spinoff Would Be Worth Today

Recent News: The COVID-19 sell-off sent the stock as low as $32.33 in March, but investors soon realized the socially-distanced environment would actually provide a massive tailwind for the company’s business.

In the second quarter, Square reported 63% revenue growth and exceeded analyst EPS estimates as well.

The stock hit $100 in June, $150 in August and ultimately peaked at $193.44 in October before pulling back to around $155.

2020 And Beyond: At the stock’s current level, $1,000 worth of Square IPO stock in 2015 would be worth about $17,222 today.

Looking ahead, analysts see even more gains ahead in the next 12 months. The average price target among the 36 analysts covering the stock is $175 suggesting 12.8% upside from current levels.

Posted In: EducationTop StoriesGeneral

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.