HubSpot, Inc.
- Open
- 222.98
- Day high
- 227.01
- Day low
- 218.64
- Prev close
- 224.57
- Volume
- 1.2M
- Mkt cap
- $11.5B
- P/E (TTM)
- 117.5
- EPS (TTM)
- $1.91
- P/B
- 5.7
- P/S
- 3.5
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$3.0M over the last 3 months (3 open-market buys, 4 sales)
- ◆Cluster buying — multiple insiders bought within days
- 🏛Institutions mixed (13F)
HubSpot, Inc. (HUBS) is a Technology company listed on NYSE. The stock is down 59% over the past year. Over the trailing 3 months, insiders filed 3 open-market buys and 4 sales (SEC Form 4).
HubSpot, Inc. (HUBS) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 17 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
HUBS earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $2.47 | $2.72 | +10.1% | $881M | +2.0% |
| Feb 11, 2026 | $2.99 | $1.04 | -65.2% | $847M | +1.9% |
| Nov 5, 2025 | $2.59 | $2.66 | +2.7% | $810M | +2.9% |
| Aug 6, 2025 | $2.12 | $2.19 | +3.3% | $761M | +2.8% |
| May 8, 2025 | $1.77 | $1.78 | +0.6% | $714M | +1.9% |
| Feb 12, 2025 | $2.18 | $2.32 | +6.4% | $703M | +4.4% |
| Feb 14, 2024 | $1.54 | $1.76 | +14.3% | $582M | +4.2% |
| Aug 2, 2023 | $0.99 | $1.34 | +35.4% | $529M | +4.7% |
| May 3, 2023 | $0.83 | $1.20 | +44.6% | $502M | +5.6% |
| Feb 16, 2023 | $0.83 | $1.11 | +33.7% | $470M | +5.4% |
| Nov 2, 2022 | $0.51 | $0.69 | +35.3% | $444M | +4.3% |
| Aug 4, 2022 | $0.43 | $0.44 | +2.3% | $422M | +2.8% |
HUBS insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 2, 2026 | Bueker Kathrynofficer: Chief Financial Officer | Tax | 781 | $187.72 |
| Jul 2, 2026 | Halligan Briandirector | Tax | 371 | $187.72 |
| Jul 2, 2026 | Shah Dharmeshdirector, officer: Chief Technology Officer | Tax | 436 | $187.72 |
| Jul 2, 2026 | Rangan Yaminidirector, officer: Chief Executive Officer & Pres | Tax | 2,139 | $187.72 |
| Jun 18, 2026 | Halligan Briandirector | Sell | 8,500 | $184.42 |
| Jun 17, 2026 | Johnson Claire D'Oyly-Hughesdirector | Grant | 1,211 | — |
| Jun 17, 2026 | Ward Jill Adirector | Grant | 1,211 | — |
| Jun 17, 2026 | NORRINGTON LORRIE Mdirector | Grant | 1,211 | — |
| Jun 17, 2026 | Anagnost Andrewdirector | Grant | 1,211 | — |
| Jun 17, 2026 | Halligan Briandirector | Grant | 1,211 | — |
| Jun 17, 2026 | Shih Claradirector | Grant | 1,211 | — |
| Jun 17, 2026 | BERRY MICHAEL Jdirector | Grant | 1,211 | — |
| Jun 17, 2026 | Simons Jaydirector | Grant | 1,211 | — |
| Jun 2, 2026 | FISHER ERIKA ASHLEYofficer: Chief Legal Officer | Tax | 259 | $262.20 |
| Jun 2, 2026 | Shah Dharmeshdirector, officer: Chief Technology Officer | Tax | 577 | $262.20 |
Source: HUBS SEC Form 4 filings, latest Jul 2, 2026. For informational purposes only — not investment advice.
See the full HUBS insider & 13F page →HubSpot, Inc. company profile
Overview
HubSpot, Inc. (NASDAQ:HUBS) is a cloud-based customer relationship management (CRM) platform company founded in 2005 and headquartered in Cambridge, Massachusetts. The company went public in October 2014 and has evolved from a marketing automation startup into a comprehensive customer platform serving over 258,000 businesses globally. HubSpot targets mid-market business-to-business companies, particularly those with 200-2,000 employees, offering an integrated suite of marketing, sales, service, and content management tools designed to help scaling companies attract, engage, and delight customers.
Business
HubSpot operates in the Software-as-a-Service (SaaS) industry, specifically within the customer relationship management and marketing automation space. The company's core offering is a cloud-based customer platform that consolidates various business functions into a unified system, eliminating the need for companies to manage multiple disconnected software tools. The platform consists of several integrated "Hubs" that work together to manage the entire customer lifecycle. The Marketing Hub provides tools for content creation, email marketing, social media management, search engine optimization, and lead generation. The Sales Hub offers customer relationship management, sales pipeline tracking, meeting scheduling, and sales productivity tools. The Service Hub delivers customer support capabilities including ticketing systems, knowledge bases, live chat, and customer satisfaction surveys. The newest addition, Content Hub, focuses on AI-powered content creation and website management. HubSpot's platform is built around a central CRM database that stores all customer interactions and data, allowing different departments within a company to access the same information. This approach addresses a common business problem where marketing, sales, and customer service teams often work in silos with separate systems that don't communicate with each other. The company has recently pivoted to become an "AI-first customer platform" by embedding artificial intelligence capabilities across all its products. This includes AI agents that can automatically handle customer service inquiries, create content, prospect for leads, and manage social media. The AI features are designed to increase productivity and reduce manual work for business teams. HubSpot serves primarily small to medium-sized businesses (SMBs) and mid-market companies, though it has been expanding its enterprise capabilities. The platform is particularly popular among B2B companies that need to generate leads, nurture prospects, close deals, and provide ongoing customer support in a coordinated manner.
Revenue model
HubSpot operates on a subscription-based Software-as-a-Service (SaaS) revenue model, generating income through recurring monthly or annual subscriptions to its various platform components. Customers pay based on the number of user seats and the tier of service they select, with pricing ranging from free starter versions to enterprise-level packages. The company's revenue streams include subscription fees for its various Hubs (Marketing, Sales, Service, and Content), professional services for implementation and training, and increasingly, usage-based pricing for AI features through a credit system. HubSpot has recently introduced credit-based pricing for AI capabilities, where customers receive monthly credit allotments and can purchase additional credits based on usage. Revenue growth is driven by several factors: acquiring new customers (adding approximately 10,000 net new customers per quarter), expanding within existing accounts through multi-hub adoption (over 50% of new Pro+ tier customers use three or more hubs), and increasing seat counts as customer organizations grow. The company's net revenue retention rate of 104% indicates that existing customers are expanding their usage over time. Factors that positively impact margins include the scalable nature of cloud software, AI-driven productivity improvements that reduce support costs (41% of support tickets now resolved by AI), and the platform's "land and expand" model where customers start small and gradually add more features and users. The company benefits from economies of scale as its customer base grows without proportional increases in infrastructure costs. Margin pressures come from competitive pricing in the crowded CRM/marketing automation space, the significant investment required in AI development and infrastructure, customer acquisition costs through sales teams and marketing programs, and the current macroeconomic environment where businesses are more cautious about software spending and conduct more committee-based purchasing decisions. The company also faces pressure from customers seeking to consolidate their technology stacks, which can lead to pricing negotiations.
Competitive moat
HubSpot's competitive moat is moderately strong but faces increasing pressure from larger competitors and changing market dynamics. The company's primary moat stems from its platform integration and ease of use - by offering marketing, sales, and service tools that work seamlessly together around a central CRM database, HubSpot reduces the complexity and cost of managing multiple software vendors. The company benefits from switching costs once customers have integrated multiple hubs and built workflows around the platform. Migrating CRM data, marketing campaigns, and service processes to alternative platforms requires significant time and effort. HubSpot's focus on the mid-market segment (200-2,000 employee companies) also provides some protection, as this market is often underserved by enterprise-focused competitors like Salesforce. However, HubSpot's moat faces several challenges. The company competes against well-funded, larger players including Salesforce (which has significantly more resources and market presence), Microsoft (with its integrated Office and Dynamics ecosystem), and numerous specialized point solutions that may excel in specific areas. The CRM and marketing automation space is highly competitive with low barriers to entry for new features. The company's recent AI initiatives represent both an opportunity to strengthen its moat and a vulnerability. While HubSpot is embedding AI across its platform, larger tech companies like Microsoft and Google have substantial advantages in AI development resources and capabilities. Additionally, the democratization of AI tools means that smaller competitors can potentially offer AI-powered features without the same level of investment. HubSpot's brand strength in the SMB market and its reputation for user-friendly software provide some defensive positioning, but this is not an insurmountable advantage. The company's success will likely depend on its ability to continue innovating, particularly in AI, while maintaining its ease-of-use advantage and expanding its enterprise capabilities without losing its core market focus.
Risks & safety
HubSpot presents a moderate margin of safety with solid financial fundamentals but elevated valuation metrics that require continued strong execution. **Liquidity and Solvency:** • Strong balance sheet with $625 million in cash and short-term investments as of Q1 2025 • Current ratio of 1.66 indicates adequate short-term liquidity • Positive free cash flow of $148 million in Q1 2025, demonstrating cash generation ability • Debt-to-equity ratio of 0.33 shows conservative leverage • No immediate solvency concerns given strong cash position and positive operating cash flow **Valuation Metrics:** • Price-to-book ratio of 14.86 indicates premium valuation • Negative EBITDA in Q1 2025 makes traditional valuation metrics challenging • EV/EBITDA not meaningful due to negative EBITDA • Trading at significant premium to book value, requiring strong growth to justify **Other Considerations:** • Revenue growth rate of 18% year-over-year provides growth cushion • Subscription model provides revenue predictability and visibility • Recent authorization of $500 million share repurchase program indicates management confidence • Customer base of 258,000 with 19% growth rate shows market acceptance • Net revenue retention above 100% demonstrates expansion within existing accounts
Recent development
Over the past two years, HubSpot has undergone a significant strategic transformation centered around becoming an "AI-first customer platform." The company launched its comprehensive Breeze AI platform in 2024, which includes AI Copilot features and specialized AI agents for different business functions. The AI agents include Customer Agent (for automated customer service), Content Agent (for content creation), Prospecting Agent (for lead generation), and Social Agent (for social media management). These AI tools have shown strong adoption, with the Customer Agent serving over 2,500 customers and achieving a 42% average resolution rate for customer inquiries. The company has also restructured its pricing model to improve accessibility and growth. HubSpot lowered entry-level pricing, removed seat minimums, and introduced a core seat concept for CRM record editing. More recently, they implemented credit-based pricing for AI features, where Pro and Enterprise customers receive monthly credit allotments and can purchase additional credits based on usage. This hybrid approach combines traditional seat-based pricing with usage-based elements. Product expansion has been another key focus, with the launch of Content Hub as a new AI-powered content marketing platform that has achieved a 54% attach rate to Marketing Hub. The company also enhanced its Service Hub with unified customer success and support capabilities and expanded into new markets by achieving HIPAA compliance, opening opportunities in healthcare and financial services. Strategic acquisitions have supported the AI transformation, including the purchase of Frame.AI to enhance unstructured data capabilities and Clearbit to improve customer data management. The company has also made organizational changes, with co-founder Brian Halligan transitioning from Executive Chair to Board Member, and authorized its first $500 million share repurchase program, signaling confidence in its strategic direction and financial position.
HUBS company profile · for informational purposes only — not investment advice.
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