HubSpot Soars on Strong Growth and New AI Tools, Wall Street Sees More Upside Ahead
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HubSpot is an AI-powered CRM platform seeing strong financial growth and product innovation, with revenue up 26% last quarter.
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Wall Street is very bullish on HubSpot stock, with a $600 price target implying 12% upside.
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HubSpot recently launched HubSpot AI, a suite of AI tools to automate tasks across sales, marketing, service.
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40% of HubSpot's enterprise customers already use its new AI features, showing promising early traction.
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At 13x sales, HubSpot trades at a reasonable valuation compared to 21% expected annual revenue growth over the next 5 years.