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 ...

Piper Sandler analyst Brent Bracelin maintained an Overweight rating on HubSpot Inc HUBS with a $570 price target. Bracelin expects HubSpot to gain market share due to its highly efficient GTM effort combined with organic product development, which results in customer satisfaction and structurally higher gross dollar retention in the high 80s. The analyst noted that the company is increasing, expanding at three times the market's 11% rate over the last four years, yet its share is still a tiny 4%. Also Read ...

A month has gone by since the last earnings report for HubSpot (HUBS) . Shares have added about 5.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is HubSpot due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. HubSpot Q2 Earnings Beat Estimates, Top Line Surges Y/Y HubS ...

Technical Analysis - HubSpot (HUBS) has recently reached a key level of support and overtook the 50-day moving average, indicating a short-term bullish trend [1] - The 50-day simple moving average is a significant technical indicator for determining support or resistance levels [1] Stock Performance - Shares of HUBS have increased by 5.8% over the past four weeks [2] - The company currently holds a Zacks Rank 3 (Hold), suggesting potential for continued upward movement [2] Earnings Estimates - There have been 12 positive earnings estimate revisions for HUBS, with none lower for the current fiscal year, indicating strong bullish sentiment [2] - The consensus earnings estimate for HUBS has also moved upward, reinforcing the positive outlook [2] Investment Consideration - Investors are encouraged to consider adding HUBS to their watchlist due to the favorable technical indicators and positive earnings estimate revisions [3]

Wirestock Despite the broad market recovery that has taken place over the past several weeks on hopes of sharp rate cuts this September, a number of tech stocks still remain well off YTD highs and are down for the year: including HubSpot (NYSE:HUBS), which cratered in early July on news that Alphabet (GOOG) had abandoned its takeover pursuit. Shares of HubSpot have now dramatically underperformed the S&P 500 as well as peer tech stocks, now down nearly 10% year to date: VAL 503.07 HubSpot Inc (HUBS) Price 6 ...

HubSpot, Inc. (HUBS) reported impressive second-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. However, cautious spending decision stemming from an unfavorable macro environment is a headwind. Net Income On a GAAP basis, the company reported ...

SEATTLE, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) ("Banzai" or the "Company"), a leading marketing technology company that provides essential marketing and sales solutions, proudly announces a major improvement to the Demio HubSpot integration. This upgrade offers unparalleled flexibility and efficiency in managing webinar data, empowering marketers to streamline their webinar management and marketing efforts, leading to better decision-making and higher ROI. "Demio's newl ...

HubSpot (HUBS) reported $637.23 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 20.4%. EPS of $1.94 for the same period compares to $1.34 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $618.81 million, representing a surprise of +2.98%. The company delivered an EPS surprise of +19.02%, with the consensus EPS estimate being $1.63. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

HubSpot (HUBS) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 19.02%. A quarter ago, it was expected that this cloudbased marketing and sales software platform would post earnings of $1.49 per share when it actually produced earnings of $1.68, delivering a surprise of 12.75%. Over th ...

Financial Data and Key Metrics Changes - Revenue grew 21% year-over-year in constant currency and 20% on an as-reported basis [6][17] - Operating margin increased by 270 basis points year-over-year, reaching 17% [6][19] - Total customers reached 228,000, with over 11,200 net customer additions in the quarter, representing a 23% year-over-year growth [6][18] - Average subscription revenue per customer decreased by 2% year-over-year to $11,200 [18] Business Line Data and Key Metrics Changes - Subscription revenue increased by 20% year-over-year, while services and other revenue rose by 18% [17] - The number of customers adopting multiple hubs contributed significantly to revenue growth, with over 45% of new business coming from customers using three or more hubs [7][9] - The Service Hub saw a 55% year-over-year increase in the number of wins with 100-plus service seats [10] Market Data and Key Metrics Changes - Domestic revenue grew 20% year-over-year, while international revenue increased by 22% in constant currency [17] - Net revenue retention remained stable at 102%, with gross retention in the high 80s [19] Company Strategy and Development Direction - The company aims to become the number one customer platform for scaling companies, focusing on AI-powered solutions and a unified customer platform [22] - The strategy includes embedding AI across all hubs and enhancing customer experience without charging separately for AI features [40] - The company is committed to organic growth and improving customer experience rather than pursuing aggressive acquisitions [36] Management's Comments on Operating Environment and Future Outlook - The management noted a challenging macro environment with slower decision-making and increased scrutiny on spending [12][72] - Despite the challenges, the company remains confident in its growth strategy and customer acquisition momentum [14][22] - The guidance for Q3 and full year 2024 reflects expectations of continued demand challenges but does not anticipate a material worsening of conditions [20][21] Other Important Information - The company achieved HIPAA compliance, expanding its addressable market in healthcare and financial services [45][46] - The integration of AI into the platform has shown promising results, particularly in marketing and service applications [40][76] Q&A Session Summary Question: Changes in growth rates across main hubs - Management highlighted the momentum in multi-hub wins, particularly in marketing and sales hubs [24][25] Question: Update on payments product traction - The payments product is seeing increased customer activity and higher transaction volumes, with a focus on product-led growth [27][28] Question: Challenges in the upgrade environment - The management acknowledged that macro factors are causing delays in larger deals, but consolidation on fewer platforms is also driving value [31][33] Question: Margin improvement drivers - The improvement in operating margins was attributed to better gross margins and go-to-market efficiency [35] Question: AI integration impact on margins - The integration of AI has not negatively impacted margins, with decreasing costs for AI features observed [42] Question: Significance of HIPAA compliance - Achieving HIPAA compliance opens up new opportunities in regulated industries, enhancing the company's value proposition [45][46] Question: Net new customer additions - The company expects net customer additions to be around 9,000 to 10,000 per quarter in the back half of the year [52] Question: Foreign exchange outlook - The company is neutral on foreign exchange impacts for the year and has started cash flow hedging [54] Question: Features appealing to larger customers in Service Hub - Key features include a unified help desk interface and tools for customer success management [57][59]