
HubSpot (HUBS) is currently trading at low multiples despite strong performance and a shift to AI-driven, outcome-based pricing. The stock has dropped over 50% due to fears of AI disruption, but the company continues to add new customers and grow steadily. HubSpot's transformation into an AI-first platform is expected to enhance monetization and drive significant multiple expansion. Analysts see a potential 143% price increase over the next 12 to 18 months, targeting $485 per share as AI adoption and customer growth accelerate.