HubSpot is trading 22.9% down at $192.99 after management lowered full-year revenue guidance while emphasizing a strategic AI transformation over near-term growth.
- Despite Q2 revenue and EPS beats, the weaker outlook and friction from the AI-centric transition are driving a re-pricing of the stock.
- Investors reacted sharply to the August 5 earnings call, which highlighted a shift in strategy amid a mixed broader technology market.