HubSpot Beats Q3, Lifts 2025 Outlook as Shares Slide on Slower Q4 Growth
Analysts trimmed price targets after guidance signaled mid‑teens growth alongside Clearbit‑related pressure.
Overview
- Shares fell as much as 17.7% to $382.47 on Thursday following the earnings release.
- Q3 revenue reached $809.5 million, up 21% year over year, with adjusted EPS of $2.66, both ahead of estimates.
- Q4 guidance calls for $828–$830 million in revenue and $2.97–$2.99 in adjusted EPS, implying roughly 18% growth with commentary pointing to about 16% constant‑currency expansion.
- Full‑year 2025 guidance was raised to $3.113–$3.115 billion in revenue and $9.60–$9.62 in adjusted EPS.
- Price targets were cut at firms including Piper Sandler, Needham, BofA, Oppenheimer, Mizuho, Stifel, and KeyBanc as notes cited a slower growth trajectory and a Clearbit headwind.