HubSpot (HUBS) Q4 Earnings: Analyst Expectations and Market Sentiment
Company Overview
HubSpot (NYSE: HUBS), a leading sales and marketing software provider, will release its Q4 earnings results after market close on [date].
Q3 Performance
In Q3, HubSpot exceeded analysts' revenue estimates by 3.5%, reporting $669.7 million, a 20.1% YoY increase. The company also surpassed expectations for billings and EBITDA.
Q4 Analyst Estimates
Analysts anticipate a 15.7% YoY revenue growth to $673.5 million in Q4, slower than last year's 23.9% increase. Adjusted earnings per share are projected to be $2.20.
Peer Performance
Peers in the sales and marketing software segment have reported mixed Q4 results. Shopify delivered 31.2% YoY revenue growth, exceeding expectations, while LiveRamp reported a 12.4% increase, slightly outperforming estimates.
Market Sentiment
Sales and marketing software stocks have experienced positive sentiment, with average share price gains of 11.4% over the past month. HubSpot has risen 15.6% during the same period.
Analyst Price Target
HubSpot has an average analyst price target of $769.87, compared to its current share price of $802.
Share Buybacks
Given its strong financial position, HubSpot has continued to buy back its own shares, a move that can potentially enhance shareholder value.