HubSpot (HUBS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Growth stocks are attractive assets for investors who want to outperform the stock market. These companies typically exhibit high revenue growth and rising profit margins. Checking both of these boxes for many quarters can result in sizable long-term gains. However, investing in growth stocks can also go horribly wrong. Many pandemic darlings that soared to prominence in 2020 and 2021 became footnotes in the stock market after a challenging 2022. Companies that previously looked unstoppable have
HubSpot (HUBS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.