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 April 18, 2024, HUBS stock price climbed to $649.58 with 669,582 million shares trading.

HUBS has a beta of 1.75, meaning it tends to be more sensitive to market movements. HUBS has a correlation of 0.34 to the broad based SPY ETF.

HUBS has a market cap of $32.92 billion. This is considered a Large Cap stock.

Last quarter Hubspot reported $582 million in Revenue and $1.76 earnings per share. This beat revenue expectation by $24 million and exceeded earnings estimates by $.22.

In the last 3 years, HUBS stock traded as high as $866.00 and as low as $245.03.

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

HUBS has outperformed the market in the last year with a price return of +55.7% while the SPY ETF gained +22.3%. HUBS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +15.2% and +3.7%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

HUBS support price is $615.99 and resistance is $650.91 (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 stock will trade within this expected range on the day.