HubSpot's stock price surged 8.75% during intraday trading on Thursday, marking a significant upward movement for the customer platform provider.
The sharp rise follows the company's release of better-than-expected fourth-quarter financial results and an annual revenue forecast that exceeded analyst estimates. HubSpot reported adjusted earnings per share of $3.10 for the quarter, beating the consensus estimate of $2.99, while revenue of $846.7 million surpassed expectations of $830.61 million and grew 20% year-over-year.
Furthermore, the company issued optimistic guidance for fiscal year 2026, projecting earnings per share of $12.38 to $12.46 and revenue of $3.69 billion to $3.70 billion, both well above analyst consensus. Investor sentiment was also bolstered by the announcement of a new share repurchase program authorizing up to $1 billion in buybacks over the next 24 months.