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News  ›  Benzinga

HubSpot Faces Market Pressure, Clearbit Headwind Despite Q3 Beat

Benzinga Logo Benzinga By Lekha Gupta
HubSpot Faces Market Pressure, Clearbit Headwind Despite Q3 Beat

HubSpot reported Q3 earnings beating estimates with 21% revenue growth, but faced market pressure due to slower-than-expected growth guidance and potential Clearbit integration challenges.

Insights
QBTS   negative

Portrayed as a risky pure-play quantum computing stock with uncertain future prospects


HUBS   negative

Stock dropped 17.70% after earnings, with analysts lowering price targets due to slower growth expectations and software multiple compression