Core Viewpoint - The technology sector, particularly driven by artificial intelligence (AI), presents significant investment opportunities for the future [1] Group 1: Micron Technology - Micron Technology's stock has seen a decline from a high of $157 to around $100, making its valuation more attractive [3] - The company reported a 93% year-over-year revenue increase in its fiscal 2024 fourth quarter, indicating accelerated growth [4] - Earnings per share have more than doubled compared to the previous year, driven by strong demand from data centers [4] - Micron is shifting production towards higher-margin products, anticipating increased demand from AI and traditional servers [5] - Wall Street analysts project adjusted earnings per share to rise from $1.30 in fiscal 2024 to $8.93 in fiscal 2025 [6] - The stock is valued at 11 times next year's earnings, with an even lower forward P/E ratio of 8 for fiscal 2026, suggesting substantial upside potential [7] Group 2: HubSpot - HubSpot has shown robust growth, with its stock rising 18% since the third-quarter results were reported [8] - Revenue grew by 20% year-over-year on a constant-currency basis in Q3, supported by 10,000 net customer additions [9] - Despite a challenging environment for software providers, HubSpot's performance has been strong, although revenue growth is expected to slow to approximately 16% in Q4 [10] - The company's adjusted operating margin improved from 16.5% in Q3 2023 to 18.7% in Q3 2024, indicating effective pricing strategies and profit growth [11] - The stock's price-to-sales ratio is 14, and it has increased over 2,000% since its IPO in 2014, suggesting continued growth potential [12]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Company Overview: HubSpot (HUBS) - HubSpot currently holds a Momentum Style Score of B, indicating a favorable momentum characteristic [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, HubSpot shares have increased by 16.16%, outperforming the Zacks Internet - Software industry, which rose by 5.05% [5] - In a longer timeframe, HubSpot's shares have appreciated by 31.58% over the past month, compared to the industry's 4.75% [5] - Over the last quarter, HubSpot shares have surged by 41.36%, and over the past year, they have gained 49.51%, while the S&P 500 has only increased by 10.53% and 37.42%, respectively [6] Trading Volume - HubSpot's average 20-day trading volume is 528,292 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 12 earnings estimates for HubSpot have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $7.68 to $7.96 [9] - For the next fiscal year, 12 estimates have also moved higher without any downward revisions [9] Conclusion - Given the positive performance metrics and upward earnings revisions, HubSpot is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [9]

Core Viewpoint - HubSpot (HUBS) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [4][6]. - An increase in earnings estimates typically leads to higher fair value for a stock, prompting institutional investors to buy or sell, which in turn affects stock prices [4]. HubSpot's Earnings Outlook - HubSpot is projected to earn $7.96 per share for the fiscal year ending December 2024, representing a year-over-year increase of 35.1% [8]. - Over the past three months, the Zacks Consensus Estimate for HubSpot has surged by 4754.5%, indicating a significant upward revision in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - HubSpot's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].

Shares of HubSpot (HUBS) have been strong performers lately, with the stock up 27.9% over the past month. The stock hit a new 52-week high of $702.81 in the previous session. HubSpot has gained 20.8% since the start of the year compared to the 31% move for the Zacks Computer and Technology sector and the 31.6% return for the Zacks Internet - Software industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in ...

HubSpot, Inc. (HUBS) reported impressive third-quarter 2024 results, with both adjusted earnings and revenues surpassing the Zacks Consensus Estimate. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company reported a top-line expansion year over year, backed by growing user engagement across all segments. The integration of advanced AI tools across its product suites and customer platform drives growth. However, cautious spending decisions by clients stemming from an unfavorabl ...

For the quarter ended September 2024, HubSpot (HUBS) reported revenue of $669.72 million, up 20.1% over the same period last year. EPS came in at $2.18, compared to $1.59 in the year-ago quarter.The reported revenue represents a surprise of +3.54% over the Zacks Consensus Estimate of $646.81 million. With the consensus EPS estimate being $1.89, the EPS surprise was +15.34%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

HubSpot (HUBS) came out with quarterly earnings of $2.18 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.34%. A quarter ago, it was expected that this cloud-based marketing and sales software platform would post earnings of $1.63 per share when it actually produced earnings of $1.94, delivering a surprise of 19.02%.Over th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share HUBS New York Stock Exchange 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 September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO C ...

Exhibit 99.1 HubSpot Reports Q3 2024 Results CAMBRIDGE, MA (November 6, 2024) — HubSpot, Inc. (NYSE: HUBS), the customer platform for scaling companies, today announced financial results for the third quarter ended September 30, 2024. Financial Highlights: Revenue ● Total revenue was $669.7 million, up 20% compared to Q3'23. o Subscription revenue was $654.7 million, up 20% compared to Q3'23. o Professional services and other revenue was $15.0 million, up 28% compared to Q3'23. Operating Income (Loss) ● GAA ...

Wall Street analysts forecast that HubSpot (HUBS) will report quarterly earnings of $1.89 per share in its upcoming release, pointing to a year-over-year increase of 18.9%. It is anticipated that revenues will amount to $646.81 million, exhibiting an increase of 16% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ...