# Csquare, Inc. (CSQR)

> Source: Nexqual · https://nexqual.com/CSQR · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Csquare, Inc. (CSQR), nexqual.com/CSQR" · informational, not investment advice.

**Price:** USD 14.93 (+0.20% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 14.9 · day 14.03–14.96 · 52w 14.03–23.5 · market cap $2.49B · NYQ

## Key facts
- Analysts: Buy (mean 1.80 on a 1–5 scale) (10 analysts), mean target USD 28.4 (range 24–46).
- Total return with dividends: 1Y -27.8% vs S&P 500 +13.4%; 5Y -26.8% vs S&P 500 +76.9%.
- Next earnings: 2026-11-09, EPS estimate USD -0.49, revenue estimate $289M.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
Earnings yield -6.58% · Net debt $4.77B · EV $7.26B

## Analysts
Consensus Buy (mean 1.80 on a 1–5 scale), 10 analysts; mean target USD 28.4 (low 24, high 46).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-10 | RBC Capital | Initiated | Outperform | $24 |
| 2026-08-10 | Bernstein | Initiated | Outperform | $27 |
| 2026-08-10 | Jefferies | Initiated | Buy | $29 |
| 2026-08-10 | Wells Fargo | Initiated | Overweight | $25 |
| 2026-08-10 | B of A Securities | Initiated | Buy | $46 |
| 2026-08-10 | Morgan Stanley | Initiated | Overweight | $26 |
| 2026-08-10 | JP Morgan | Initiated | Neutral | $24 |
| 2026-08-10 | BMO Capital | Initiated | Outperform | $26 |

## Total return (dividends reinvested)
|  | 1Y (from 2026-07-16) | 5Y (from 2026-07-13) |
|---|---|---|
| Total return | -27.8% | -26.8% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | — | — |
| Volatility (annualized) | 53.7% | 50.8% |
| Max drawdown | -35.2% (Aug 2026→Oct 2026) | -34.4% (Jul 2026→Oct 2026) |

## Peers (Information Technology Services)
DXC (DXC Technology Company) USD 16.09 +0.06% · PENG (Penguin Solutions, Inc.) USD 53.41 +2.89% · PONY (Pony AI Inc.) USD 5.14 +2.39% · CHRN (ChronoScale Holdings Corporatio) USD 14.77 -4.46% · KD (Kyndryl Holdings, Inc.) USD 14.76 -2.89% · CIFR (Cipher Digital Inc.) USD 7.94 -4.57%

## More
Full page: https://nexqual.com/CSQR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Recurring Revenues | $196.8M | 70.2% | +2.8% |
| — Colocation (part of Recurring Revenues) | $166.4M | 59.4% | +7.5% |
| — Interconnection (part of Recurring Revenues) | $24.7M | 8.8% | -10.0% |
| — Other (part of Recurring Revenues) | $5.8M | 2.1% | -38.3% |
| Metered Power Revenues | $13.0M | 4.6% | +22.2% |
| Non Recurring Revenues | $5.7M | 2.0% | -45.1% |
| Total revenue | $280.4M | 100% | — |
The lines above cover 76.9% of total revenue.

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $252.3M | 90.0% | +11.7% |
| Canada | $21.8M | 7.8% | +320.2% |
| United Kingdom | $4.7M | 1.7% | -52.2% |
| All Other Countries | $1.6M | 0.6% | -60.4% |
| Total revenue | $280.4M | 100% | — |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.49 | $0.00 | — | $289.1M | 4 |
| Next quarter (ends 2026-12-31) | $-0.32 | $0.00 | — | $304.6M | 6 |
| Current fiscal year (ends 2026-12-31) | $-1.80 | $0.00 | — | $1.15B | 5 |
| Next fiscal year (ends 2027-12-31) | $-1.02 | $0.00 | — | $1.32B | 7 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-09): ±22.9%; last 1 reports averaged ±6.1%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 27 | 103.3% | ±22.9% |
| 2027-01-15 | 83 | 62.1% | ±24.3% |
| 2027-04-16 | 174 | 63.9% | ±36.3% |