Overview

* HubSpot ( HUBS ) Q2 revenue rises 19%, beating analyst expectations, per LSEG data

* Adjusted net income and EBIT exceed analyst expectations, per LSEG data

* Co repurchased $125 mln of common stock, indicating financial confidence

Outlook

* HubSpot ( HUBS ) expects Q3 revenue between $785 mln and $787 mln

* Company projects Q3 non-GAAP EPS of $2.56 to $2.58

* HubSpot ( HUBS ) sees full-year revenue at $3.080 bln to $3.088 bln

* Company forecasts full-year non-GAAP EPS of $9.47 to $9.53

Result Drivers

* SUBSCRIPTION REVENUE - Subscription revenue rose 19%, driven by customer expansion and AI integration

* PROFESSIONAL SERVICES - Professional services revenue increased 21%, reflecting strong demand

* AI STRATEGY - CEO attributes growth to AI-first strategy and embedded AI features enhancing customer value

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $760.87 $739.80

Revenue mln mln (28

Analysts

)

Q2 Beat $117.30 $113.60

Adjusted mln mln (26

Net Analysts

Income )

Q2 Beat $129.10 $124.80

Adjusted mln mln (28

EBIT Analysts

)

Q2 17.0%

Adjusted

EBIT

Margin

Q2 Gross $638.70

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 32 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for HubSpot Inc ( HUBS ) is $720.00, about 31.6% above its August 5 closing price of $492.16

* The stock recently traded at 47 times the next 12-month earnings vs. a P/E of 62 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)