Core Viewpoint - BofA Securities analyst maintains a Buy rating on HubSpot Inc and raises the price target from $780 to $850, citing confidence in the company's growth durability and its position in the $125 billion CRM industry [1][2] Group 1: Market Position and Growth Potential - HubSpot is focused on consolidating the SMB segment of the CRM industry, which accounts for approximately 55% of total software spending [3] - The company is leveraging AI to catalyze market consolidation and expand its total addressable market (TAM) within the broader sales services industry [2] - HubSpot's unified platform is designed for speed and ease of use, integrating applications and channel reach through 6,500 ad agency reseller partners [3] Group 2: AI Integration and Features - HubSpot's platform is built for AI-enabled features, with 90 embedded AI functionalities across its hubs, supporting a variety of customer preferences for AI models [5] - Four AI agents are currently in beta, with customer support agents showing significant traction, achieving case deflection rates between 20% to 60% [6] - The integration of structured and unstructured data, enhanced by the Frame AI acquisition, provides a competitive advantage in sentiment and intent analysis [8] Group 3: Financial Performance and Projections - HubSpot's projected fiscal 2024 revenue is $2.6 billion, with an expected EPS of $8.00 [14] - The price target reflects an EV/revenue multiple of 12 times the estimated calendar 2026 revenue, indicating a growth rate of +22% [13] - Current net revenue retention stands at 102%, down from 108%-110% in fiscal 2021 and 2022, highlighting some challenges in customer upgrades [9] Group 4: Pricing Strategy and Customer Engagement - Recent pricing changes have lowered entry points for customers, allowing them to start with one seat instead of a minimum of five or ten, which is expected to drive upgrade momentum [10][11] - HubSpot is converting free administrative users to paid core seats, which may result in a maximum 5% price increase starting in the second half of fiscal 2025 [12] - The company is currently in a "proliferation first, monetize later" mode, focusing on delivering value to small businesses through ROI metrics [7]

HubSpot, Inc. (HUBS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, HUBS's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typic ...

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]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Investors might want to bet on HubSpot (HUBS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual inves ...

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 ...