Hubspot Stock Fair Value – Piper Sandler Upgrades HubSpot on Positive Growth Outlook
December 15, 2023
☀️Trending News
HUBSPOT ($NYSE:HUBS): HubSpot Inc. (NYSE: HUBS) has received an upgrade from Piper Sandler on the basis of a positive growth outlook. HubSpot is a cloud-based platform for customer relationship management (CRM), marketing, sales, and customer service. It is used to manage the customer journey from awareness to acquisition, engagement, and loyalty. They believe that the company has created a strong foundation that will lead to higher revenue growth over the near term. In their report, they noted that the company’s focus on expanding its suite of services and supporting small businesses would further increase its user base.
Additionally, they highlighted the potential for increased revenue from customers using the platform for longer periods of time. Overall, Piper Sandler is bullish on HubSpot’s future prospects and believes that the company is well-positioned to benefit from the increasing demand for its products and services in the current market. They expect that HubSpot’s growth will remain strong over the coming years and that its stock price will continue to rise.
Market Price
This spurred a 5.1% jump in the stock’s price from its last closing price of 501.7 to 512.8 when it opened and 527.2 when it closed. Analysts at Piper Sandler remain optimistic about HubSpot’s long-term growth prospects and have given a “Buy” rating to the stock. This upgrade comes after several other Wall Street firms have recently upgraded their ratings on the stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hubspot. HubSpot_on_Positive_Growth_Outlook”>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_on_Positive_Growth_Outlook”>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_on_Positive_Growth_Outlook”>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_on_Positive_Growth_Outlook”>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 Fair Value
At GoodWhale, we’ve conducted an analysis of HUBSPOT‘s well-being. By utilizing our proprietary Valuation Line, we have established that the intrinsic value of HUBSPOT share is around $643.7. As of now, the stock is traded at $527.2, making it a fair price but one that is undervalued by 18.1%. Therefore, we believe this presents investors with an opportunity to add HUBSPOT to their portfolios at a reasonable rate. More…
Peers
HubSpot Inc. is an American company that specializes in providing software for inbound marketing and sales. HubSpot was founded in 2006 by Brian Halligan and Dharmesh Shah. KwikClick Inc, Wishpond Technologies Ltd, Salesforce Inc are all companies that compete with HubSpot.
– KwikClick Inc ($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
Investing in HubSpot has become increasingly attractive due to its recent upgrade from Piper Sandler. This upgrade was based on the company’s strong growth prospects and since then, the stock price has been on the rise. Investors have been drawn to HubSpot for its revolutionary software platform that offers a comprehensive customer relationship management (CRM), marketing, sales, and customer service solutions.
This makes it the go-to choice for businesses looking to streamline their customer interactions. With an ever-growing list of products and services and a continually increasing number of satisfied customers, HubSpot is an attractive investment option for those interested in taking advantage of its potential for continued success.
