Stock fact sheet · data as of
HubSpot, Inc. (HUBS): fair value, margin of safety and Wheel Score
Technology · Software - Application · United States · High Growth
Is HUBS undervalued?
At 238.87 (close of 16 Oct 2026), HUBS trades 66% over the GLS average fair value of 143.81, with 2 of 8 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
The 8 models disagree widely: EPV gives 32.27 while 10 Cap gives 324.61. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files HUBS under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for HUBS
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 91.60 | -62% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 46.27 | -81% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 134.21 | -44% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 56.29 | -76% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 177.79 | -26% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 324.61 | +36% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 287.48 | +20% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 32.27 | -86% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 12.93 | -95% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 244.09 | +2% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - HUBS passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 6.7 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are thin or negative - ROIC 2.0%, ROE 2.2%, ROA 1.2% - with debt at 0.13 times equity and a free-cash-flow yield of 6.3%.
HubSpot, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Subscription and Circulation 98%, Service 2% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 10/10 on the GLS smart-money scales; the last recorded Congressional buy was on 14 Aug 2026.
| Piotroski F-score | 6 / 9 | ROIC | 2.0% |
|---|---|---|---|
| GLS Moat | 6.7 / 10 | ROE | 2.2% |
| Debt / equity | 0.13 | ROA | 1.2% |
| Free-cash-flow yield | 6.3% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 10 / 10 |
Wheel Score 57: Fair
HUBS scores 57 out of 100 on the Wheel Score (Fair band, 50-64): a usable but unremarkable fit for the wheel strategy. The parts: Value 0/25, Health 13/20, Moat 10/15, Premium 15/20, Stability 18/20. Value (0/25) is where the points are missing.
Implied volatility is 79% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (15 of 20) because volatility this high usually comes with a reason. Chain open interest is 42,439 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.2M shares a day on a market cap of $12.2B, with a beta of 1.24 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 18 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -66% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 10 / 15 | moat 6.7/10 | |
| Premium | 15 / 20 | implied volatility 79% | |
| Stability | 18 / 20 | 1.2M shares/day, $12.2B cap, beta 1.24 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 4 Nov 2026 (after the close), 19 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to HubSpot, Inc. by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| GRAB Grab Holdings Limited | 3.00 | 2.59 | -16% | 60Fair | $11.9B |
| FROG JFrog Ltd. | 94.54 | 19.42 | -387% | 45Weak | $11.5B |
| CHYM Chime Financial, Inc. Class A Common Stock | 29.96 | 17.23 | -74% | 45Weak | $11.3B |
| MANH Manhattan Associates, Inc. | 226.96 | 112.69 | -101% | 64Fair | $13.2B |
| FIG Figma, Inc. | 22.99 | 9.99 | -130% | 45Weak | $11.2B |
| AUR Aurora Innovation, Inc. | 5.40 | 0.0358 | -15005% | 37Weak | $10.8B |
| PAYC Paycom Software, Inc. | 239.00 | 241.50 | +1% | 76Good | $10.8B |
| BSY Bentley Systems, Incorporated | 36.23 | 27.56 | -31% | 72Good | $10.5B |
| TYL Tyler Technologies, Inc. | 350.11 | 266.33 | -31% | 67Good | $14.3B |
| GWRE Guidewire Software, Inc. | 175.77 | 71.34 | -146% | 65Good | $14.4B |
| DOCU DocuSign, Inc. | 77.52 | 73.27 | -6% | 75Good | $14.5B |
| ESTC Elastic N.V. | 97.24 | 93.55 | -4% | 70Good | $10.2B |
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Start free See the Sunday ScanQuestions about HUBS
Is HUBS undervalued right now?
No: at 238.87 the stock trades 66% above the GLS average fair value of 143.81 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of HUBS and what does it mean?
HUBS scores 57 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for HUBS?
143.81 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does HubSpot, Inc. report earnings next?
The next earnings report is due on 4 Nov 2026 (after the close), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does HUBS have listed options, and how liquid are they?
Yes. The nightly snapshot found 866 listed contracts with 42,439 open interest across all expiries and implied volatility of 79% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.