BUZZ-HubSpot shares hit record high after Q4 results beat estimates

Shares of HubSpot HUBS.N rise up 5.6% at $827.21, hitting a record high on Thurs, following the marketing software firm's quarterly results that beat analyst expectations

HUBS pared gains after hitting intra-day high of $881.13. It is also on track for biggest daily pct gain since Nov

After the closing bell on Wed, HUBS reported EPS of $2.32 vs 2.19 estimated by Wall Street analysts; rev rose ~21% to $703.17 mln vs street estimate of $673.32 mln, per LSEG data

Multiple analysts, including from Oppenheimer, JPMorgan, Barclays, Wells Fargo, Stifel, Morgan Stanley, raised their PT for HUBS following the result

Among the 30 analysts cover HUBS, their avg rating is "BUY" and median PT is $900, up from $750 a month ago

HUBS is up ~12.7% YTD with today's move vs ~3% gain in the Nasdaq .IXIC in the same period; Co gained 20% in 2024