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Should HUBS Stock Be Part of Your Portfolio Post Solid 2Q25 Results?

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Key Takeaways

  • HubSpot beat Q2 estimates with top-line growth from increased user engagement.
  • Clearbit integration boosts HUBS' AI capabilities and product value.
  • Customer base grew 18% to 267,982, aided by pricing optimization in the starter edition.

HubSpot, Inc. (HUBS - Free Report) reported impressive second-quarter 2025 results, with both the top and bottom lines beating the respective Zacks Consensus Estimate. The software-as-a-service vendor reported a top-line expansion year over year, backed by growing user engagement across all segments. The integration of advanced AI (artificial intelligence) tools, which include state-of-the-art features, such as AI assistance, AI agents, AI insights and ChatSpot, across its entire product suites and customer platform is driving more value to customers.

HUBS Focusing on Holistic Growth

HubSpot is increasingly focusing on collecting and enriching customers with extensive, unified data pulled from website visits, marketing e-mails, sales calls and more. The acquisition of Clearbit, a B2B data provider for marketing intelligence, has further accelerated its vision. The integration of Clearbit premier information pool with HubSpot AI has facilitated the development of more powerful, advanced and accurate AI capabilities.

HubSpot’s inbound marketing and sales applications enable businesses to easily reach, acquire and retain customers through traditional marketing tools like cold calls, print advertisements and e-mail. The company’s priority is to deliver a world-class front-office platform by investing in anchor hubs and innovating new emerging hubs. The growing adoption of inbound applications has helped develop the marketing agency partner network. Management’s focus on integrating generative AI to drive innovation and add more value to customers has helped it to record steady top-line growth over the years.

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HUBS’ Cloud Platform Lends Support

The core of HubSpot’s subscription-based cloud platform is its inbound database that captures user activity throughout the customer’s lifecycle. Subscribers of HubSpot’s SaaS applications use multiple channels like optimized search engine techniques, social media and targeted content through websites and blogs to fulfill customer needs. The platform's success is evident from the rapid growth in customers. Pricing optimization in the company’s starter edition is leading to solid client addition in the lower end of the market. HubSpot added more than 9,700 net new customers during the quarter, which increased the total customer count to 267,982, up 18% year over year. 

The One HubSpot initiative is a key growth driver. In addition, HubSpot's App Marketplace offers a customer-centric solution by making it simple for companies to find and seamlessly connect the integrations to grow their businesses. As companies prioritize a digital-first approach, it is likely to create more opportunities for developers to build new integrations that support every stage of the customer journey.

High R&D Costs Dent HUBS’ Margins

Although the introduction of $20 per month marketing starter pack will help the company to attract new customers, the low-priced pack will likely dent the average sale revenue per customer growth rate at least in the near term. Despite having limited features, the pack can lead to cannibalization of the premium products. Moreover, growing investments in data center infrastructure, sales & marketing and research & development continue to strain margin. Despite the increasing top line, mounting losses do not augur well for investor confidence. Reduced spend from small and medium-sized businesses amid a challenging business environment and macroeconomic headwinds remains a concern.

Price Performance

HUBS shares have declined 12.5% over the past year against the industry’s growth of 43.6%, lagging peers like Salesforce, Inc. (CRM - Free Report) and Oracle Corporation (ORCL - Free Report) . While Oracle gained 87.2%, Salesforce declined 9.3% during this period. 

One-Year HUBS Stock Price Performance

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Estimate Revision Trend for HUBS

Earnings estimates for HubSpot for 2025 and 2026 have moved up 0.4% each to $9.39 and $11.28, respectively, over the past seven days. The positive estimate revisions depict that investors are bullish about the stock’s growth prospects.

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End Note

HubSpot is witnessing steady multi-hub adoption from enterprise customers in the premium market. Pricing optimization in the company’s starter edition is leading to solid client additions in the lower end of the market. It has a significant scope in cross-selling its products to the existing customer base. HubSpot's App Marketplace offers a customer-centric solution by making it simple for companies to find and seamlessly connect the integrations to grow their businesses. A strong focus on AI incorporation across the product suite will likely bring long-term benefits. The positive earnings estimate revisions also endorse the company’s growth potential.

However, stiff competition and softness in key end markets are likely to put pressure on the bottom-line growth. High R&D costs eroded its profitability to a large extent.  With a Zacks Rank #3 (Hold), HubSpot appears to be treading in the middle of the road, and investors could be better off if they trade with caution. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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