Get Found By Google ( HUBS Q1 FY12/24 Earnings Review)

Get Found By Google ( HUBS Q1 FY12/24 Earnings Review)
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by Alex King

A hundred years ago when HubSpot was young and Internet 2.0 was a thing, the company made a big play about How To Get Found Online. You can still see the stuff here. It now looks like a TV ad from about 1950 of course! But, credit to the company, it seems it worked, for Google appears to have very much found HubSpot. If indeed an acquisition of the company is announced, we can likely expect a move up in the stock price; perhaps not explosively so, since the deal has been vaunted for months.

Anyway, until such time as the company is devoured by the Googleplex, here's how its Q1 played out. Which is to say, fine, revenue slowed, margins ticked up, blah. We rate at Hold with that potential acquisition in mind; the risk/reward is evenly balanced I would say, because if Google decides to walk, it's a fair bet that there will be a goodly chunk of selling of this name.

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