HubSpot is the only apps company ripping the bandaid off by moving away from seat-based pricing, even if that means lower growth in the near term. Enterprise SaaS only starts to work after a total reset of pricing toward consumption-based models, which also resets near-term revenue growth and margins. x.com 

ServiceTitan is the operating system for the trades, combining vertical SaaS, fintech and AI. HVAC, plumbing, electrical and roofing contractors run scheduling, dispatch, CRM, payments, financing and marketing on it, with 10,800 active customers, $82B+ in annual transaction volume, 95%+ gross and 110%+ net dollar retention. It is pushing into agentic AI with Atlas. A massive 8-month Stage 1 base looks ready to start a Stage 2 uptrend, and trading above the IPO VWAP signals a potential reversal. … Show more

ServiceTitan's valuation compression could persist even if it keeps delivering, because contractor software stickiness is unconvincing; contractors are crafty about cutting costs. Even after earnings sent it to all-time lows, it trades at 34x earnings for the fiscal year ending January 2028, still five to six quarters out, echoing Bill.com. Non-digital housing plays such as HVAC and paint makers, home improvement stores and homebuilders look preferable. x.com  x.com 

AI-first software like Palantir, Zeta Global and Duolingo is still largely misunderstood and underappreciated, while data-light SaaS is dying by a thousand cuts. Data-light SaaS may keep large enterprises on convenience and switching costs, but will struggle to win new customers from far cheaper alternatives with 90% of the capability, capping its growth. Per The Information, small companies are replacing Salesforce and HubSpot with custom AI-built apps, cutting software costs 40-80%. x.com 

HubSpot only looks cheap, because its CRM is terrible and will be used less and less as AI takes over software. x.com 

HubSpot is a long with much better management than peers, while monday.com is AI roadkill; the two are the only real comparables. Its valuation case needs realism, though: @CeleritasRe sees 2x forward sales as absurdly cheap if it reaches 30% terminal margins on 20% growth, but those margins are unlikely at that growth, and HubSpot is growing 17%. x.com  x.com 

HubSpot shows that disruptors get disrupted, as AI forces CRM vendors toward outcome-based pricing that bills for results rather than users. KCR made that call in December 2025, and it materialized on May 7, 2026, when HubSpot moved its AI agents to outcome-based pricing and cut prices; the stock fell about 19% the next day. x.com 

Horizontal SaaS tools such as HubSpot, Atlassian and Intuit will be disrupted as companies build their own replacements with AI. Per @CJ0pp3l, quoting one of Constellation Software's AI leads, HubSpot, Jira, Mailchimp and Zendesk have been replaced with AI-built systems and agents, and only vertical software with strong systems of record and deep workflow integration will grow with AI. The market also sold vertical names like Constellation and Topicus, which hold deep platform data. x.com 

AI is not killing software; it is killing the per-seat software model, which is why Salesforce, HubSpot, ServiceNow, Snowflake and Datadog are getting crushed. Companies will not keep paying for 100 Salesforce users, 50 HubSpot users and 30 ServiceNow users when five AI agents can do the same work around the clock. x.com 

ServiceTitan is a software stock in a new uptrend after an inverse head-and-shoulders pattern. It shows huge inflows, strong on-balance volume, rising cycles, a pinching MACD and a test and bounce off the 50-day moving average. x.com