HUBS Stock Summary and Trading Ideas (Hubspot | NYSE:HUBS)

HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot's mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly. The company was founded in 2006, completed its initial public offering in 2014, and is headquartered in Cambridge, Massachusetts.

Hubspot trades on the NYSE stock market under the symbol HUBS.

As of December 20, 2024, HUBS stock price climbed to $719.00 with 644,074 million shares trading.

HUBS has a beta of 1.06, meaning it tends to be more sensitive to market movements. HUBS has a correlation of 0.12 to the broad based SPY ETF.

HUBS has a market cap of $37.12 billion. This is considered a Large Cap stock.

Last quarter Hubspot reported $670 million in Revenue and $2.18 earnings per share. This beat revenue expectation by $23 million and exceeded earnings estimates by $.27.

In the last 3 years, HUBS traded as high as $762.47 and as low as $245.03.

The top ETF exchange traded funds that HUBS belongs to (by Net Assets): VTI, VO, VXF, VUG, VGT.

HUBS has underperformed the market in the last year with a price return of +27.3% while the SPY ETF gained +27.8%. However, in the short term, HUBS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +36.5% vs +4.4% return in SPY. But in the last 2 weeks, HUBS shares have been beat by the market, returning -3.1% compared to an SPY return of -2.4%.

HUBS support price is $685.80 and resistance is $719.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HUBS shares will trade within this expected range on the day.