TradingKey Earnings
HubSpot Beat on Revenue and Earnings — But Missed on Customers and Got Crushed 20%
HubSpot's stock plunged 20% despite beating Q2 revenue and earnings estimates, due to weak forward guidance and a significant shortfall in net new customer additions. The company attributed this to tightened corporate budgets and a strategic shift towards AI-focused, outcome-based pricing models, leading to longer sales cycles. Analysts responded with downgrades and reduced price targets, reflecting investor concern …