HubSpot Future Growth

Future criteria checks 5/6

HubSpot is forecast to grow earnings and revenue by 39.9% and 13.3% per annum respectively. EPS is expected to grow by 41.9% per annum. Return on equity is forecast to be 24.9% in 3 years.

Key information

39.9%

Earnings growth rate

41.88%

EPS growth rate

Software earnings growth	18.0%
Revenue growth rate	13.3%
Future return on equity	24.90%
Analyst coverage	Good
Last updated	05 Feb 2026

Recent future growth updates

Recent updates

Optimistic Investors Push HubSpot, Inc. (NYSE:HUBS) Shares Up 36% But Growth Is Lacking

May 09

AI Integration And Frameai Acquisition Will Reshape Operations

Apr 24 HubSpot's AI integration and acquisition of frame.ai aim to improve efficiency, personalization, and drive revenue growth through enhanced customer insights and engagement.

HubSpot: After A Sharp Dip, This Stock Is Finally Worth Buying (Rating Upgrade)

Apr 17

Some HubSpot, Inc. (NYSE:HUBS) Shareholders Look For Exit As Shares Take 26% Pounding

Mar 19

HubSpot: With Deceleration Incoming In 2025, This Stock Isn't Worth Its Premium

Feb 13

HubSpot: Why I'm Still On The Sidelines

Jan 19

HubSpot Has Hit Frothy Levels, Time To Sell (Rating Downgrade)

Nov 16

HubSpot: Focus On SMB Customers Driving Growth

Oct 23

HubSpot: A Premium Too High For My Taste (Rating Downgrade)

Oct 16

HubSpot: Declining ASPs And Unfavorable Customer Mix

Sep 15

HubSpot Is Approaching Closer To A Buy Point, But Beware Decelerating Revenue

Aug 26

Earnings and Revenue Growth Forecasts

NYSE:HUBS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2028	4,847	494	1,025	1,356	5
12/31/2027	4,192	252	856	1,063	28
12/31/2026	3,612	126	709	882	35
12/31/2025	3,115	32	578	763	35
9/30/2025	2,988	-4	530	707	N/A
6/30/2025	2,848	-12	512	680	N/A
3/31/2025	2,724	-23	488	633	N/A
12/31/2024	2,628	5	470	599	N/A
9/30/2024	2,506	-13	391	509	N/A
6/30/2024	2,394	-24	327	438	N/A
3/31/2024	2,286	-122	288	397	N/A
12/31/2023	2,170	-165	251	351	N/A
9/30/2023	2,058	-168	243	337	N/A
6/30/2023	1,944	-196	218	308	N/A
3/31/2023	1,837	-140	181	272	N/A
12/31/2022	1,731	-107	181	273	N/A
9/30/2022	1,631	-113	187	278	N/A
6/30/2022	1,526	-96	178	261	N/A
3/31/2022	1,415	-64	188	258	N/A
12/31/2021	1,301	-78	177	239	N/A
9/30/2021	1,183	-77	146	204	N/A
6/30/2021	1,073	-86	145	200	N/A
3/31/2021	965	-90	74	129	N/A
12/31/2020	883	-85	30	89	N/A
9/30/2020	817	-80	9	76	N/A
6/30/2020	762	-72	-10	57	N/A
3/31/2020	722	-60	42	104	N/A
12/31/2019	675	-54	65	119	N/A
9/30/2019	633	-55	66	104	N/A
6/30/2019	591	-59	N/A	96	N/A
3/31/2019	550	-59	N/A	96	N/A
12/31/2018	513	-64	N/A	85	N/A
9/30/2018	475	-64	N/A	66	N/A
6/30/2018	441	-56	N/A	62	N/A
3/31/2018	408	-47	N/A	57	N/A
12/31/2017	376	-40	N/A	50	N/A
9/30/2017	346	-42	N/A	38	N/A
6/30/2017	318	-42	N/A	35	N/A
3/31/2017	294	-43	N/A	35	N/A
12/31/2016	271	-46	N/A	19	N/A
9/30/2016	248	-42	N/A	20	N/A
6/30/2016	225	-45	N/A	11	N/A
3/31/2016	203	-45	N/A	4	N/A
12/31/2015	182	-46	N/A	0	N/A
9/30/2015	163	-56	N/A	-5	N/A
6/30/2015	146	-53	N/A	-7	N/A
3/31/2015	130	-50	N/A	-11	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUBS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.4%).

Earnings vs Market: HUBS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HUBS is expected to become profitable in the next 3 years.

Revenue vs Market: HUBS's revenue (13.3% per year) is forecast to grow faster than the US market (10.3% per year).

High Growth Revenue: HUBS's revenue (13.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HUBS's Return on Equity is forecast to be high in 3 years time (24.9%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/02/05 22:24
End of Day Share Price	2026/02/05 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HubSpot, Inc. is covered by 54 analysts. 35 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Raimo Lenschow	Barclays
Ryan MacWilliams	Barclays
Mark Moerdler	Bernstein

HubSpot Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target decreased by 7.5% to US$635

HubSpot, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025 and Full Year Ending December 31, 2025

Consensus EPS estimates fall by 15%

Price target decreased by 7.1% to US$779

Hubspot, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2025

HubSpot, Inc. Provides Earnings Guidance for the Fourth Quarter and Year 2024

Recent updates

HubSpot: Out Of Favor, But Staying Bullish

HubSpot, Inc. to Report Q4, 2025 Results on Feb 11, 2026

Co- Founder & Non-Executive Director notifies of intention to sell stock

Co- Founder & Non-Executive Director notifies of intention to sell stock

Some Confidence Is Lacking In HubSpot, Inc. (NYSE:HUBS) As Shares Slide 25%

Co- Founder & Non-Executive Director notifies of intention to sell stock

Co- Founder & Non-Executive Director notifies of intention to sell stock

Price target decreased by 7.5% to US$635

HubSpot, Inc. (NYSE:HUBS) entered into an agreement to acquire XFunnel, Inc. for $30 million.

Now 20% undervalued after recent price drop

HubSpot, Inc. to Report Q3, 2025 Results on Nov 05, 2025

Co- Founder & Non-Executive Director notifies of intention to sell stock

CEO, President and Director notifies of intention to sell stock

Now 23% undervalued after recent price drop

Co-Founder notifies of intention to sell stock

HubSpot Unveils Blueprint to Building Hybrid Human-AI Teams with 200+ Product Updates at INBOUND 2025

Co- Founder & Non-Executive Director notifies of intention to sell stock

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

HubSpot, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025 and Full Year Ending December 31, 2025

HubSpot Launches First CRM Connector for Anthropic's Claude

At US$552, Is HubSpot, Inc. (NYSE:HUBS) Worth Looking At Closely?

HubSpot, Inc. to Report Q2, 2025 Results on Aug 06, 2025

Co- Founder & Non-Executive Director notifies of intention to sell stock

CEO, President and Director notifies of intention to sell stock

A Look At The Fair Value Of HubSpot, Inc. (NYSE:HUBS)

Co- Founder & Non-Executive Director notifies of intention to sell stock

Hubspot Launches First Crm Deep Research Connector with Chatgpt

Is HubSpot (NYSE:HUBS) Using Debt Sensibly?

CFO & Treasurer notifies of intention to sell stock

Now 20% overvalued

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

HubSpot, Inc. (NYSE:HUBS) announces an Equity Buyback for $500 million worth of its shares.

Optimistic Investors Push HubSpot, Inc. (NYSE:HUBS) Shares Up 36% But Growth Is Lacking

HubSpot, Inc. Announces Board Changes, Effective from May 8, 2025

Consensus EPS estimates fall by 15%

Now 20% overvalued

HubSpot, Inc. to Report Q1, 2025 Results on May 08, 2025

AI Integration And Frameai Acquisition Will Reshape Operations

Price target decreased by 7.1% to US$779

Co-Founder & Executive Chairperson notifies of intention to sell stock

HubSpot: After A Sharp Dip, This Stock Is Finally Worth Buying (Rating Upgrade)

HubSpot, Inc., Annual General Meeting, Jun 04, 2025

Now 20% undervalued after recent price drop

CEO, President and Director notifies of intention to sell stock

Co-Founder & Executive Chairperson notifies of intention to sell stock

Some HubSpot, Inc. (NYSE:HUBS) Shareholders Look For Exit As Shares Take 26% Pounding

CEO, President and Director notifies of intention to sell stock

CFO & Treasurer recently sold US$2.4m worth of stock

CFO & Treasurer notifies of intention to sell stock

Now 23% overvalued after recent price rise

HubSpot: With Deceleration Incoming In 2025, This Stock Isn't Worth Its Premium

Hubspot, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2025

HubSpot, Inc. to Report Q4, 2024 Results on Feb 12, 2025

Co-Founder & Executive Chairperson notifies of intention to sell stock

HubSpot: Why I'm Still On The Sidelines

Now 21% overvalued after recent price rise

HubSpot, Inc. (NYSE:HUBS) completed the acquisition of Frame Technology, Inc.

CEO, President and Director notifies of intention to sell stock

Co-Founder notifies of intention to sell stock

HubSpot, Inc. (NYSE:HUBS) has signed an agreement to acquire Frame Technology, Inc.

HubSpot Has Hit Frothy Levels, Time To Sell (Rating Downgrade)

CFO & Treasurer notifies of intention to sell stock

Demand Science Group, LLC acquired Terminus Software, Inc. from group of sellers.

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 23% overvalued after recent price rise

HubSpot, Inc. Provides Earnings Guidance for the Fourth Quarter and Year 2024

HubSpot, Inc. (NYSE:HUBS) completed the acquisition of Cacheflow Inc. from GV Management Company, LLC, Pelion Ventures VII, L.P. managed by Pelion, Inc and Notable Capital.

HubSpot, Inc. to Report Q3, 2024 Results on Nov 06, 2024

HubSpot: Focus On SMB Customers Driving Growth