HubSpot (HUBS) Tops Q2 EPS by 14c
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Hubspot (HUBS) Edges Higher on Estimates Beat, Analysts Hike PTs as Growth Accelerates
August 5, 2021 8:21 AM EDTShares of Hubspot (NASDAQ: HUBS) are trading over 4% higher in pre-open Thursday after the company delivered stronger-than-expected Q2 earnings and higher guidance.
Earnings per share came in at $0.43 to easily beat the $0.32 expected from market analysts. Revenue came in at $310.78 million, again higher than the Street consensus of $296.03 million.
We finished out the first half of the year with yet another quarter of strong performance across the business. With the launch of CMS Hub Starter and recent improvements to CMS Hub Professional and Enterprise, were well-positioned to continue to support our customers... More
HubSpot Inc (HUBS) PT Raised to $725 at Morgan Stanley
August 5, 2021 7:00 AM EDTMorgan Stanley analyst Stan Zlotsky raised the price target on HubSpot Inc (NYSE: HUBS) to $725.00 (from $605.00) while maintaining an Overweight rating.
The analyst commented, "HubSpots Q2 earnings were highlighted by meaningful growth acceleration in revenue and billings, while approaching $1.3B revenue scale. Profitability... More
