HubSpot Earnings On Deck As Stock (HUBS) Continues To Underperform

HubSpot Inc. (NYSE: HUBS) is lined up to announce its Q2 2025 financial results today after market close, facing increased scrutiny as its stock price has declined sharply in recent sessions. The company's earnings release and subsequent conference call at 4:30 p.m. Eastern Time will be pivotal in shaping market sentiment regarding its growth prospects and valuation.

Analysts project HUBS will report earnings of $2.12 per share, up from $1.94 a year ago, reflecting solid EPS growth. Revenue is expected to reach $740.08 million, a 16.14% year-over-year increase from $637.23 million, indicating continued strong demand and business momentum ahead of the earnings report.

Despite expectations for solid growth across top and bottom lines, the stock has pulled back 8% in the past week, and 28.9% since the turn of the year, pulling HubSpot's stock price below $500 into the print.

Looking at the previous report, HubSpot's customer base expanded by 19% year-over-year, reaching 258,258 customers. However, the average subscription revenue per customer decreased by 4% to $11,038, indicating potential pricing pressures or a shift toward lower-margin products. This metric will be of particular interest in today's results to assess the sustainability of HubSpot's revenue growth.

CEO Yamini Rangan has emphasized the integration of AI across the platform, stating, “Our AI strategy is to embed AI deeply into every hub and across the whole platform.” The effectiveness of these AI investments in driving future growth will also be a hot topic.

This downtrend reflects growing unease despite the company's previous earnings beat in the first quarter of 2025. With HUBS more than 40% below those highs, the stock sits below key moving averages moving in, signaling short-term bearish momentum that may prove difficult to break.