Reading the tape
NYSE: HUBS
HubSpot, Inc.
Technology · Software - Application
Market Cap
$10.14B
52w High
$682.57
52w Low
$187.45
P/E
219.67
Volume
2.89M
Outstanding Shares
52.74M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -62.95%Revenue (TTM): 19.15%FCF (TTM): 20.8%P/FCF: 0th pct
What changed
The stock fell 62.95% over the last year. Revenue grew 19.15% over the trailing twelve months. Operating margin moved from -2.57% to 0.25%. Free cash flow grew 20.8% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 0.25%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
HubSpot, Inc. provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific.
CEOYamini Rangan
SectorTechnology
IndustrySoftware - Application
Employees8,574
IPO dateOct 9, 2014
Valuation
Forward P/E—
EV/EBITDA117.42
Enterprise value$20.65B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth20.36%
Gross margin83.76%▼1.50%vs FY2024
Operating margin0.25%▲114.14%vs FY2024
ROE2.22%▲816.19%vs FY2024
Analyst consensus
RatingBuy
Target price$383.00▲99.21%
43
Buy
4
Hold
0
Sell
⚠ Analyst ratings tend to be lagging indicators — upgrades often follow price gains rather than precede them. Use as one signal among many.
Earnings
Last 3 reported quarters plus the next estimate. Switch into compare mode to inspect one metric year-over-year.
Next report
May 14, 2026
View
EPS
Actual vs estimate by quarter
Q3FY25
ActualEst.
$2.19
$2.12
Q4FY25
ActualEst.
$2.66
$2.59
Q1FY26
ActualEst.
$3.09
$2.99
Q2FY26
Next Est.
—
Revenue
Actual vs estimate by quarter
Q3FY25
ActualEst.
$760.87M
$739.86M
Q4FY25
ActualEst.
$809.52M
$786.6M
Q1FY26
ActualEst.
$846.75M
$830.91M
Q2FY26
Next Est.
—
Congressional Activity
Congress Trades in HUBS
STOCK Act disclosures from senators and representatives.
Tony Wied
WIhousePurchaseJoint2026-02-03$15,001 - $50,000+37d to disclose