Hubspot Intrinsic Value Calculator – HubSpot Reports Record-Breaking Third Quarter 2023 Earnings, Beating Expectations
November 16, 2023
🌧️Trending News
HUBSPOT ($NYSE:HUBS): HubSpot just announced their record-breaking Third Quarter 2023 Earnings, beating expectations. In the Third Quarter of 2023, HubSpot reported that their earnings exceeded predictions; a testament to their continued success as a company. The impressive earnings report was met with much enthusiasm and optimism for the company’s future. The strong financial performance was largely attributed to the company’s investments in their CRM and marketing software, which helped them better meet customer needs and generate more business. As a result, they’ve seen a steady increase in their revenue over the past year. The company’s success can also be attributed to their focus on customer service and satisfaction.
Their customer-centric approach has allowed them to stand out in the market and rapidly grow their customer base. This successful strategy has been reflected in their Third Quarter 2023 earnings report, showing that they are on the path to continued success in the years to come. In conclusion, HubSpot’s Third Quarter 2023 Earnings have exceeded expectations and have demonstrated the company’s strength in the market. They have been able to capitalize on their investments in innovative CRM and marketing software and their focus on customer service, resulting in impressive financial performance. It is clear that HubSpot is on track for continued success in the future.
Earnings
The company earned 310.79 million U.S. dollars in total revenue, losing 24.57 million U.S. dollars in net income. This is a decrease of 26.3 percent compared to the same period last year.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hubspot. More…
| Total Revenues | Net Income | Net Margin |
| 1.94k | -204.28 | -7.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hubspot. More…
| Operations | Investing | Financing |
| 307.64 | -196.96 | 36.88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hubspot. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.73k | 1.65k | 21.72 |
Key Ratios Snapshot
Some of the financial key ratios for Hubspot are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 36.6% | – | -9.3% |
| FCF Margin | ROE | ROA |
| 11.2% | -10.6% | -4.1% |
Market Price
At the market close, the stock opened at $457.0 and closed at $468.3, up by 2.9% from the prior closing price of $455.3. This marks the highest closing price in over a year for HubSpot and is in line with the company’s positive financial outlook. The strong quarterly performance was driven by a combination of double-digit growth in recurring revenue, as well as a higher gross margin. HubSpot also saw a significant increase in customer acquisitions, which further strengthened their position in the market.
In addition, they reported strong expansion of their customer base into new markets and an improved customer experience. The positive earnings report further demonstrates the success of HubSpot’s efforts and strategies in delivering value to customers. It also sets the stage for a promising future as the company continues to expand and innovate with its products and services. Investors are sure to be pleased with this news, and it will surely be a highlight as HubSpot continues to grow and succeed in the years ahead. Live Quote…
Analysis – Hubspot Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of HUBSPOT‘s fundamentals and have determined that its intrinsic value is approximately $626.7. We have created our own Valuation Line to calculate this intrinsic value. We believe that the current market price of HUBSPOT is $468.3, which is 25.3% lower than the intrinsic value. This presents an opportunity for investors to purchase HUBSPOT stock at a discount to its full value. More…
Peers
HubSpot Inc. is an American company that specializes in providing software for inbound marketing and sales. HubSpot was founded in 2006 by Brian Halligan and Dharmesh Shah. KwikClick Inc, Wishpond Technologies Ltd, Salesforce Inc are all companies that compete with HubSpot.
– KwikClick Inc ($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 were pleased with HubSpot’s third quarter 2023 earnings results, as the company exceeded expectations despite the economic downturn caused by the pandemic. Management attributed the growth to higher demand for its Sales Hub and Service Hub products. The stock rose 4% following the release of the results. Overall, investors appear to be optimistic on HubSpot’s performance moving forward.
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