---
title: "Tuesday's Picks: Hubspot, Synaptics, Cloudflare, and Toast"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286111909.md"
description: "The stock market's focus on AI hardware has overshadowed strong results in other sectors. HubSpot (HUBS) saw a 19% drop despite a 23.4% revenue growth to $881 million and a raised Q2 forecast. Synaptics (SYNA) reached a new high with a 10.4% revenue increase to $294.2 million. Cloudflare (NET) announced a 20% workforce cut despite a 600% rise in AI usage. Toast (TOST) faced a slump despite a 21.6% revenue increase to $1.63 billion. Investors are advised to consider Chubb, Allstate, or Prudential due to near-term cost pressures."
datetime: "2026-05-12T13:42:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286111909.md)
  - [en](https://longbridge.com/en/news/286111909.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286111909.md)
---

# Tuesday's Picks: Hubspot, Synaptics, Cloudflare, and Toast

The stock market is so fixated on the AI hardware sector that strong results in other sectors failed to give it a lift. These are today’s picks.

HubSpot (HUBS) fell by 19% on May 9 after posting Q1 2026 results. Revenue grew by 23.4% Y/Y to $881 million. Furthermore, the GAAP operating income of $27.9 million is up from a $27.5 million loss last year. HubSpot raised its Q2 forecast. It expects total revenue growth of 18% Y/Y.

Synaptics (SYNA) jumped to a new high after posting quarterly results. In the third quarter, revenue grew by 10.4% Y/Y to $294.2 million. IoT product sales jumped by 31% Y/Y. For Q4, it expects $302.46 million in revenue.

Cloudflare (NET) wiped out its April 29 – May 7 rally last week. In the Q1 report, the firm said that it would cut 20% of its workforce. The company said that AI usage grew internally by 600%. The “massive” productivity gains justified cutting the middle layer and support roles.

Toast (TOST), an insurance company, slumped after posting results. Investors are dumping insurance companies regardless of their strong results. In Q1, revenue increased by 21.6% Y/Y to $1.63 billion. Its focus to shift from growth at any cost to growth and achieving profits is working.

Markets are worried that cost pressures in the near-term will hurt earnings. Cautious investors might consider Chubb (CB), Allstate (ALL), or Prudential (PRU) instead.

### Related Stocks

- [HUBS.US](https://longbridge.com/en/quote/HUBS.US.md)
- [NET.US](https://longbridge.com/en/quote/NET.US.md)
- [SYNA.US](https://longbridge.com/en/quote/SYNA.US.md)
- [CB.US](https://longbridge.com/en/quote/CB.US.md)
- [ALL.US](https://longbridge.com/en/quote/ALL.US.md)
- [TOST.US](https://longbridge.com/en/quote/TOST.US.md)
- [CLOU.US](https://longbridge.com/en/quote/CLOU.US.md)
- [PRU.US](https://longbridge.com/en/quote/PRU.US.md)
- [ALL-B.US](https://longbridge.com/en/quote/ALL-B.US.md)
- [ALL-H.US](https://longbridge.com/en/quote/ALL-H.US.md)
- [ALL-I.US](https://longbridge.com/en/quote/ALL-I.US.md)
- [ALL-J.US](https://longbridge.com/en/quote/ALL-J.US.md)
- [PRS.US](https://longbridge.com/en/quote/PRS.US.md)
- [PFH.US](https://longbridge.com/en/quote/PFH.US.md)
- [PRH.US](https://longbridge.com/en/quote/PRH.US.md)

## Related News & Research

- [HubSpot Founder Buys Stock Dip, Brushes Off AI Concerns: 'Don't Think Completely Humanless Is A Good Idea'](https://longbridge.com/en/news/286322737.md)
- [Cloudflare (NET) Is Down 22.2% After 20% Layoffs To Fund AI Pivot Is The Bull Case Changed?](https://longbridge.com/en/news/286476256.md)
- [Cloudflare Stock Plunges Amid 20% Job Cuts. Executives Are Blaming AI.](https://longbridge.com/en/news/285986926.md)
- [Trek Financial LLC Purchases New Position in Cloudflare, Inc. $NET](https://longbridge.com/en/news/286234220.md)
- [Cloudflare (NET) Is Building the AI Internet. The Earnings Are Still Catching Up](https://longbridge.com/en/news/286374258.md)