** Shares of HubSpot HUBS.N drop ~19% to $376.79 after the company's revenue estimates fell short of expectations despite reporting strong quarterly results

** HUBS on track for biggest daily pct decline since February 2016 and set for lowest close since March 2023

** Co reported earnings that beat estimates, with revenue rising ~21% to $809.52 mln; analysts had expected $786.55 mln. Adj EPS stood at $2.66 vs estimate of $2.58

** Co expects Q4 rev between $828 mln and $830 mln, up 18% from a year earlier

** Multiple analysts, including JPMorgan, Barclays and Wells Fargo, slashed their PT on HUBS following the result

** "4Q guide of +16% cc was in line w/ Street, and should leave 2-3pt of upside potential. But coming off Analyst Day when mgmt disclosed 25% NNARR (net new annual recurring revenue) growth in 1H25, investors were positioning for a clearer glide path towards 20% total rev growth," TD Cowen analysts led by Derrick Wood wrote in an investor note

** TD Cowen slashed HUBS PT to $464.71 from $520

** Among 36 analysts that cover HUBS, avg rating is "buy" and median PT is $601, down from $700 in August

** HUBS is down 45.5% YTD vs Nasdaq Composite Index's .IXIC 19.7% increase

(Reporting by Chibuike Oguh in New York)

((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))