HUBS · PEAD ↓ 100

HubSpot reported Q2 2026 EPS of $1.12 on 2026-08-05, beating the $0.71 consensus by $0.41 (+57.7%).

Print-day reaction was a muted +0.53% versus the prior close — a narrow beat on price despite the substantial EPS outperformance. The overnight gap to T+1 open, however, was a sharp -22.8%, signalling aggressive selling after-hours that erased the print-day gain and then some. Day 1-to-3 drift added +6.7%, a partial recovery but insufficient to close the gap — the stock did not reclaim pre-earnings levels. Cumulative abnormal return of -13.5% versus SPY.US firmly places this in PEAD short territory; the documented drift pattern holds through 2026-11-02.