Earnings Alerts

HubSpot Inc (HUBS) Earnings: Strong Q1 Results and Increased FY EPS Forecast

  • HubSpot raised its full-year adjusted EPS forecast to a range of $9.29 to $9.37, up from a previous forecast of $9.11 to $9.19. Analysts had estimated $9.24.
  • The company also increased its revenue forecast for the year to $3.04 billion, compared to earlier projections of $2.99 billion to $3.00 billion, with the market estimating $3 billion.
  • In the first quarter, HubSpot’s adjusted EPS was $1.78, an increase from $1.68 year over year (y/y), surpassing the estimate of $1.76.
  • First-quarter revenue reached $714.1 million, marking a 16% increase y/y and exceeding the estimated $700.3 million.
  • Subscription revenue for the quarter was $698.7 million, a 16% rise y/y, beating the estimate of $685.8 million.
  • Professional services and other revenue totaled $15.4 million, up 13% y/y, surpassing the forecast of $14.3 million.
  • The total average subscription revenue per customer was $11,038, a decrease of 3.6% y/y, which was below the estimate of $11,153.
  • HubSpot reported having 258,258 customers, a 19% increase y/y, exceeding the estimate of 257,024.
  • Analyst recommendations for HubSpot include 30 buys, 5 holds, and 0 sells.

Hubspot Inc on Smartkarma



Hubspot Inc. has been receiving positive analyst coverage on Smartkarma, notably from Baptista Research. In one report titled “HubSpot: These Big Bets Could Define Its Future in CRM and AI!“, Baptista Research highlights HubSpot’s solid financial performance in 2024, with a 21% year-over-year revenue growth in constant currency. This growth reflects strong brand trust and platform efficiency, with the customer base expanding to approximately 248,000. The company has also improved profitability, achieving a 17.5% operating margin for the year.

In another report by Baptista Research titled “HubSpot Inc.: An Insight Into Its Seat-Based Pricing Model Transition & Other Major Drivers“, HubSpot, Inc.’s recent financial results show a 20% year-over-year revenue growth and an operating margin increase of over 200 basis points to 19%. These positive results indicate robust financial performance and a focus on operational efficiency, providing valuable insights for investors evaluating the company’s investment potential.



A look at Hubspot Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

HubSpot Inc, a provider of cloud-based marketing and sales software, is poised for a promising long-term outlook based on its Smartkarma Smart Scores. With above-average scores in growth, resilience, and momentum, the company demonstrates a strong potential for future expansion and stability. The high growth score reflects HubSpot’s ability to continuously evolve and capture opportunities in the market. Similarly, the resilience and momentum scores suggest that the company is adept at navigating challenges and maintaining positive momentum in its operations.

Although HubSpot Inc may not score as high in value and dividend factors, its strengths in growth, resilience, and momentum position it well for long-term success in the dynamic marketing and sales software industry. Investors looking for a company with a solid growth trajectory and strong market position may find HubSpot Inc an attractive prospect for their investment portfolios.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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