STOCK OF THE WEEK: HUBSPOT INC
HubSpot Aims to revolutionize the way businesses connect and grow!
HubSpot, a software technology company founded by Brain Halligan and Dharmesh Shah in Cambridge, Massachusetts, powers companies to connect with customers throughout their journey by utilizing new software technologies such as artificial intelligence and machine learning.
“HubSpot mission is to help companies grow with a conscience and succeed with a soul through an untied ecosystem of software, education, and community.”
For the third consecutive year, HubSpot was named a Leader in the Leaders Quadrant of the 2023 Gartner Magic Quadrant for B2B Marketing Automation Platforms report, an achievement based on their Completeness of Vision and Ability to Execute.
Recently, HubSpot has entered into an agreement for the acquisition of Clearbit. This top B2B data provider will enable HubSpot to bring rich third-party company data into their record system, making it the central source of truth for go-to-market professionals.
With a commitment to continuous innovation and a focus on empowering its customers, HubSpot inspires us all to achieve great things through the power of technology.
This is how the bank analysts currently assess the stock:
· The consensus of the bank analysts is "buy." Out of 27 analysts covering the share, 26 rates the stock with "Buy,” 5 with "Hold," and 0 recommend selling the stock.
· The average expected upside of the stock price for the next six to twelve months is currently ca 20.6% (closing price on 26/11/2023)
Sources:
A Crisis of Disconnection: Three Workplace Trends Slowing Business Growth [New Data] (hubspot.com)
