"Squeeze" saw a number of re-issues in France during the 1970s and early 1980s. It went out of print afterwards, until it received a compact disc and new LP release in 2012 by Kismet Records (see below). The status of "Squeeze" in the Velvet Underground's recorded canon was generally regarded as dubious well into the 1990s. In the mid-1970s, the "NME Book of Rock" counted it as "a Velvet Underground album in name only". The 1995 CD boxed set "Peel Slowly and See" includes the four studio albums from the Lou Reed era of the band, but excludes "Squeeze". In the liner notes, David Fricke didn't offer any analysis of the album, and dismissed it as "an embarrassment to the VU discography". AllMusic's Stephen Thomas Erlewine says "it doesn't just ride the coattails of VU's legacy but deliberately co-opts their achievement – but it's listenable, something its reputation never suggests". In March 2012, "Classic Rock" included the album at 28 in their list of The 50 Worst Albums of All Time.