HubSpot, Inc. (NYSE:HUBS) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Ryan Burkart - Senior Director, Investor Relations Yamini Rangan - Chief Executive Officer Kate Bueker - Chief Financial Officer Dharmesh Shah - Co-Founder & Chief Technology Officer Conference Call Participants Samad Samana - Jefferies Mark Murphy - JPMorgan Brad Sills - Bank of America Merrill Lynch Alex Zukin - Wolfe Research Brent Bracelin - Piper Sandler Gabriela Borges - Goldman Sachs Elizabeth Po ...

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 June 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 COMMIS ...

Exhibit 99.1 HubSpot Reports Q2 2024 Results CAMBRIDGE, MA (August 7, 2024) — HubSpot, Inc. (NYSE: HUBS), the customer platform for scaling companies, today announced financial results for the second quarter ended June 30, 2024. Financial Highlights: Revenue ● Total revenue was $637.2 million, up 20% compared to Q2'23. o Subscription revenue was $623.8 million, up 20% compared to Q2'23. o Professional services and other revenue was $13.5 million, up 18% compared to Q2'23. Operating Income (Loss) ● GAAP oper ...

The software stock just got much cheaper, relative to revenue and cash flow. Hubspot (HUBS -2.19%) shares are below $500 after falling from their 2024 high of $682, achieved in April. The stock is down 16% year to date and 30% from its 2024 high. Big changes to valuation can be important signals for investors to take action. Either the stock is available at a newly discounted price or there's a fundamental issue that's likely to create more problems. The latest financial results were generally positive Hubs ...

Wall Street analysts forecast that HubSpot (HUBS) will report quarterly earnings of $1.63 per share in its upcoming release, pointing to a year-over-year increase of 21.6%. It is anticipated that revenues will amount to $618.81 million, exhibiting an increase of 17% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 23.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed ...

The Bottom Line Paying 38x forward operating profits for HubSpot offers investors a poor risk-reward profile due to several factors. Despite its fair growth rates, HubSpot faces near-term challenges, including increased budget scrutiny among buyers. Even with optimistic projections, the company's valuation remains excessively high. Investors are likely to find that paying such a hefty premium leaves them with too little upside potential and a lot of downside risk. Dec '23 Mar '24 Jun '24 Author's work on HU ...

pagadesign This time we're looking at ideas published July 12th - 18th. α HUBS Hold Amrita Roy The 'Undercovered' Dozen series highlights undercovered stocks on our platform for you to have another source for idea generation. Ticker Rating Analyst RBRK Buy Gary Alexander Oftentimes the phrases "great value" and "recent IPO" are not two terms that can describe the same company, least of all in the stock market of 2024. But that's the conclusion I've come to with Rubrik, Inc. (RBRK), the data cybersecurity co ...

Is the sinking stock a buy after Alphabet reportedly walked away? Rumors emerged a few months ago that tech giant Alphabet was considering an acquisition of inbound marketing software provider HubSpot (HUBS -2.79%). HubSpot sports a massive customer base that skews toward small and medium-sized businesses, a potential gold mine for Alphabet as it looks to expand its cloud computing business. Alphabet now appears to have walked away from the bargaining table. A report from Reuters on Wednesday indicated that ...

Shares of digital-marketing software company HubSpot (HUBS -3.55%) fell 19.1% this week as of 12:30 p.m. EDT Friday, according to data from S&P Global Market Intelligence. Reports: Alphabet backs away However, according to a Bloomberg report on Wednesday of this week, that deal now appears to be off, with Bloomberg saying that the deal didn't even make it to the substantial due-diligence phase. Therefore, HubSpot's weekly decline is likely due to it losing that acquisition premium that may have been built i ...

As we wrote in April, the deal didn't seem to make sense. For starters, that market cap would mean that Google would be paying in the same ballpark for HubSpot that Salesforce paid for Slack, a deal that was worth almost $28 billion. If they paid a multiple over the peak market cap, it would have been even more. Considering that the biggest deal the company ever made was $12.5 billion, buying HubSpot was going to be considerably outside Google's M&A comfort zone. For months, rumors persisted that Google, an ...