Hubspot Stock Intrinsic Value – HUBSPOT Reports Third Quarter Earnings for 2023
November 29, 2023
🌥️Earnings Overview
On November 8, 2023, HUBSPOT ($NYSE:HUBS) reported its earnings results for the third quarter of fiscal year 2023 (ending September 30, 2023). Total revenue for the quarter was USD 557.6 million, an increase of 25.6% compared to the same period of the previous year. Additionally, net income for this quarter was reported to be USD -5.5 million – significantly better than the -31.4 million of the prior year’s corresponding quarter.
Price History
The company’s stock opened at $437.4 and closed at $442.2, up by 1.0% from the previous closing price of 437.9. This strong performance was driven by strong customer growth and increased adoption of its marketing and sales software products. HUBSPOT has been investing heavily in research and development, resulting in the launch of several new and innovative products during the quarter such as its Conversational AI platform and its Smart Content tool. These investments have enabled HUBSPOT to better serve its customers and expand into new markets.
The company expects to continue to grow as it expands its product portfolio and continues to invest in research and development. It is optimistic that its strong performance during the quarter will continue into the future and will result in further growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hubspot. HUBSPOT_Reports_Third_Quarter_Earnings_for_2023″>More…
| Total Revenues | Net Income | Net Margin |
| 2.06k | -178.33 | -5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hubspot. HUBSPOT_Reports_Third_Quarter_Earnings_for_2023″>More…
| Operations | Investing | Financing |
| 336.62 | -176.85 | 38.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hubspot. HUBSPOT_Reports_Third_Quarter_Earnings_for_2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.82k | 1.63k | 23.67 |
Key Ratios Snapshot
Some of the financial key ratios for Hubspot are shown below. HUBSPOT_Reports_Third_Quarter_Earnings_for_2023″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 36.1% | – | -7.7% |
| FCF Margin | ROE | ROA |
| 11.8% | -8.7% | -3.5% |
Analysis – Hubspot Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of HUBSPOT’s wellbeing. Our proprietary Valuation Line indicated that the intrinsic value of HUBSPOT shares is around $650.7. This means that the current price of $442.2 undervalues HUBSPOT by 32.0%. This presents an attractive buying opportunity for investors looking for a strong market leader with a proven track record of success. We believe that HUBSPOT has the potential to return to its intrinsic value in the near future and thus recommend it as an attractive investment opportunity. More…
Peers
HubSpot Inc. is an American company that specializes in providing software for inbound marketing and sales. HubSpot was founded in 2006 by Brian Halligan and Dharmesh Shah. KwikClick Inc, Wishpond Technologies Ltd, Salesforce Inc are all companies that compete with HubSpot.
– KwikClick Inc ($OTCPK:KWIK)
KwikClick Inc is a publicly traded company with a market capitalization of 280.32 thousand US dollars as of 2022. The company provides software solutions that enable businesses to automate their processes and improve their efficiency.
– Wishpond Technologies Ltd ($TSXV:WISH)
Wishpond Technologies Ltd is a technology company that provides software as a service (SaaS) solutions for businesses. The company offers marketing automation, lead capture, and CRM solutions. Wishpond Technologies Ltd has a market cap of 40.77M as of 2022 and a return on equity of -29.17%. The company’s products and services are used by businesses of all sizes, from small businesses to large enterprises.
– Salesforce Inc ($NYSE:CRM)
Salesforce is a cloud-based CRM software company. It was founded in 1999, and its headquarters are in San Francisco, California. The company went public in 2004, and today it has a market cap of $153.67B. Salesforce’s primary product is its customer relationship management (CRM) software, which helps businesses manage sales, marketing, customer service, and commerce. The company also offers a number of other enterprise software products, including Salesforce Platform, SalesforceIQ, and Salesforce Einstein.
Summary
Investors analyzing HUBSPOT‘s third quarter earnings for fiscal year 2023 (ending September 30, 2023) were pleased to see total revenue increased 25.6% year-over-year to USD 557.6 million. Net income also improved from -31.4 million in the same period of the prior year to -5.5 million. Given these results, analysts suggest that investors should consider buying shares of HUBSPOT. Additionally, analysts recommend keeping an eye on the company’s long-term financials to determine its future prospects and outlook.
