Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. HubSpot (HUBS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this cloud-based marketing and sa ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this informati ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-36680 HubSpot, Inc. (Exact name of registrant as specified in its charter) Delaware 20-2632791 (State or other jurisdiction of i ...

HubSpot, Inc. (HUBS) reported impressive first-quarter 2024 results, with the bottom and the top line beating the respective Zacks Consensus Estimate. The company reported a top-line expansion year over year, backed by growing user engagement across all segments. Integration of advanced AI tools across its product suites and customer platform is driving growth.Net IncomeOn a GAAP basis, the company recorded a net income of $5.9 million or 12 cents per share against a loss of $36.6 million or a loss of 74 ce ...

HubSpot (NYSE:HUBS) stock is back in the limelight on Thursday after reignited reports claimed that Alphabet is interested in acquiring the cloud-based customer relationship management business.Insider sources claim that Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) is indeed still interested in acquiring HubSpot. These reports claim that the Google parent company has continued to progress negotiations after reports broke last month of a potential deal.If Alphabet does move forward with plans to buy HubSpot it could ...

For the quarter ended March 2024, HubSpot (HUBS) reported revenue of $617.41 million, up 23.1% over the same period last year. EPS came in at $1.68, compared to $1.20 in the year-ago quarter.The reported revenue represents a surprise of +3.40% over the Zacks Consensus Estimate of $597.12 million. With the consensus EPS estimate being $1.49, the EPS surprise was +12.75%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

HubSpot (HUBS) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.75%. A quarter ago, it was expected that this cloud-based marketing and sales software platform would post earnings of $1.54 per share when it actually produced earnings of $1.76, delivering a surprise of 14.29%.Over th ...

Exhibit 99.1 HubSpot Reports Q1 2024 Results CAMBRIDGE, MA (May 8, 2024) — HubSpot, Inc. (NYSE: HUBS), the customer platform for scaling companies, today announced financial results for the first quarter ended March 31, 2024. Financial Highlights: Revenue Page | 1 Operating Income (Loss) ● Total revenue was $617.4 million, up 23% compared to Q1'23. o Subscription revenue was $603.8 million, up 23% compared to Q1'23. o Professional services and other revenue was $13.6 million, up 15% compared to Q1'23. • The ...

HubSpot (HUBS) closed the latest trading day at $651.74, indicating a -0.01% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.02%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.1%.Shares of the cloud-based marketing and sales software platform witnessed a gain of 3.12% over the previous month, beating the performance of the Computer and Technology sector with its loss of 5.13% and the S&P 500's loss of 3.01%.The investment communi ...

The latest trading session saw HubSpot (HUBS) ending at $633.85, denoting a -0.59% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.03%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, added 0.12%.Prior to today's trading, shares of the cloud-based marketing and sales software platform had gained 6.3% over the past month. This has outpaced the Computer and Technology sector's loss of 0.55% and the S&P 500's loss of 0.9% in that time.Th ...