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 ...

HubSpot, Inc. (NYSE:HUBS) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Ryan Burkart - Senior Director of Investor Relations Yamini Rangan - Chief Executive Officer Kate Bueker - Chief Financial Officer Dharmesh Shah - Co-Founder and CTO Conference Call Participants Samad Samano - Jefferies Mark Murphy - JPMorgan Alex Zukin - Wolfe Research Keith Bachman - BMO Rishi Jaluria - RBC Elizabeth Porter - Morgan Stanley Kirk Materne - Evercore ISI Parker Lane - Stifel Brad Sills - Ba ...

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 ...

This growth stock already has a strong presence in a niche portion of the CRM software market, but investments in generative artificial intelligence could further solidify its leadership.Bloomberg Intelligence estimates that generative artificial intelligence (AI) software sales will increase from $5 billion in 2023 to $318 billion by 2032, compounding at roughly 59% annually. Put differently, the generative AI software market could soar 6,260% over that time.Investors hoping to benefit from that colossal o ...

HubSpot (HUBS) closed the latest trading day at $670, indicating a +1.85% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow experienced a rise of 0.8%, and the technology-dominated Nasdaq saw an increase of 1.24%.Coming into today, shares of the cloud-based marketing and sales software platform had gained 7.32% in the past month. In that same time, the Computer and Technology sector gained 0.85%, while the S&P 500 gained ...

HubSpot (HUBS) shares rallied 5% in the last trading session to close at $657.85. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.6% gain over the past four weeks.The appreciation of the stock can be primarily attributable to market speculations of a likely acquisition bid by Alphabet Inc., the parent company of Google. From Alphabet's perspective, acquiring HubSpot would not only bolster its presence in th ...