Top 11 AI News Updates on Wall Street’s Radar

6. Hubspot Inc (NYSE:HUBS)

Number of Hedge Fund Holders: 73

Hubspot Inc (NYSE:HUBS) is a software company that provides a customer platform designed to help businesses grow better through inbound marketing and customer relationship management (CRM). It also uses AI to power its customer platform, offering tools that automate tasks, generate content, and provide insights across marketing. Bernstein initiated coverage of the stock on March 19 with a Market Perform rating and a $693 price target.

According to analysts at the research firm, Hubspot Inc (NYSE:HUBS) is well positioned to benefit from its platform product system, which could appreciate AI-driven automation. Consequently, the analysts expect HubSpot revenue growth to surpass Wall Street expectations as it grows at a compound annual growth rate of 17%. In the long term, the focus will move toward profitability as the Customer Relationship Management (CRM) market develops and HubSpot’s revenue base grows.