HubSpot, Inc (HUBS) – Continued resilient growth and huge TAM

in , , on November 17, 2023

HubSpot, Inc (HUBS) Equity Report (Q2FY23)

Stock Performance: HubSpot’s stock price has been on a downward trend for the past three months, resulting in a negative return of 28.41%. However, the stock price has increased by 40.15% over the past year. The 52-week high of the stock is $581.40, while the 52-week low is $249.99.

Q2FY23 Performance: Total revenue was $529.1mn, up 25% compared to Q2FY22, Subscription revenue was $517.7mn, up 26% compared to Q2FY22, Professional services, and other revenue was $11.5mn, up 23% compared to Q2FY22.

Guidance: For FY23, the company’s total revenue is expected to be from $2.116bn to $2.122bn. Non-GAAP operating income is expected to be between $293mn and $297mn. Non-GAAP diluted net income per share is expected to be between $5.24 and $5.29, assuming approximately 52.3mn weighted average diluted shares outstanding.


HubSpot also experienced a significant increase in its customer base, with a total of 184,924 customers as of June 30, 2023. This represents a 23% growth compared to the same period in 2022.

This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.



– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance


Stock Price Performance

Crispidea Coverage

No of Pages: 35

To download the previous quarter’s stock report CLICK HERE

To Download other equity/ stock reports CLICK HERE

Follow our LinkedIn page for more updates.

Release Information

  • Price


  • Released

    November 17, 2023

  • Last Updated

    November 17, 2023