HubSpot: What To Do Post Google Fallout?
HUBSHubSpot(HUBS) Seeking Alpha·2024-07-27 01:09
hapabapa Investment Thesis HubSpot, Inc. (NYSE:HUBS) is about 2 weeks away from reporting its highly anticipated Q2 2024 results. The stock has lost substantial steam as Google's parent Alphabet (GOOG, GOOGL) walked away from a potential acquisition. Now, once again, HubSpot is left to be appraised by investors as an independent company. Altogether, I contend that paying 38x forward operating profits for HUBS is too high a premium for what it offers. As such, I believe that in the best-case scenario, th ...