BMO Capital Markets Issues Pessimistic Forecast for HubSpot (NYSE:HUBS) Stock Price

HubSpot (NYSE:HUBS) had its price target cut by investment analysts at BMO Capital Markets from $550.00 to $465.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the software maker’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 18.11% from the company’s previous close.

Several other equities analysts have also weighed in on HUBS. Oppenheimer cut their price objective on shares of HubSpot from $750.00 to $550.00 and set an “outperform” rating on the stock in a research report on Thursday. Wall Street Zen lowered HubSpot from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Macquarie reduced their price target on shares of HubSpot from $730.00 to $660.00 and set an “outperform” rating for the company in a report on Thursday, August 7th. UBS Group reaffirmed an “outperform” rating on shares of HubSpot in a report on Wednesday, September 3rd. Finally, KeyCorp reduced their price target on shares of HubSpot from $775.00 to $650.00 and set an “overweight” rating on the stock in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $674.11.

HubSpot Price Performance

Shares of HUBS opened at $393.72 on Thursday. The company has a 50-day moving average of $478.42 and a two-hundred day moving average of $529.75. The stock has a market cap of $20.75 billion, a price-to-earnings ratio of -1,741.15, a PEG ratio of 16.31 and a beta of 1.60. HubSpot has a one year low of $404.90 and a one year high of $881.13.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, November 5th. The software maker reported $2.66 EPS for the quarter, topping analysts’ consensus estimates of $2.58 by $0.08. The firm had revenue of $809.52 million during the quarter, compared to analyst estimates of $786.80 million. HubSpot had a negative net margin of 0.42% and a positive return on equity of 1.74%. The company’s revenue was up 20.9% on a year-over-year basis. During the same quarter last year, the business posted $2.18 EPS. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. Analysts anticipate that HubSpot will post 1.01 earnings per share for the current year.

Insider Transactions at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $449.84, for a total transaction of $3,823,640.00. Following the completion of the transaction, the director owned 522,435 shares in the company, valued at approximately $235,012,160.40. This represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Yamini Rangan sold 2,387 shares of HubSpot stock in a transaction on Monday, October 6th. The shares were sold at an average price of $500.00, for a total transaction of $1,193,500.00. Following the completion of the sale, the chief executive officer owned 56,277 shares in the company, valued at $28,138,500. The trade was a 4.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 51,098 shares of company stock worth $24,757,257 in the last 90 days. Company insiders own 4.00% of the company’s stock.

Hedge Funds Weigh In On HubSpot

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in HubSpot by 19.2% in the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 9,533 shares of the software maker’s stock valued at $5,306,000 after acquiring an additional 1,533 shares during the period. Moody Lynn & Lieberson LLC increased its stake in shares of HubSpot by 2,038.1% during the second quarter. Moody Lynn & Lieberson LLC now owns 20,953 shares of the software maker’s stock worth $11,663,000 after purchasing an additional 19,973 shares during the period. Acadian Asset Management LLC lifted its holdings in HubSpot by 15.0% during the 1st quarter. Acadian Asset Management LLC now owns 5,059 shares of the software maker’s stock worth $2,888,000 after purchasing an additional 660 shares during the last quarter. Nordea Investment Management AB boosted its stake in HubSpot by 74.4% in the 2nd quarter. Nordea Investment Management AB now owns 16,043 shares of the software maker’s stock valued at $8,921,000 after purchasing an additional 6,846 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in HubSpot by 4.6% in the 1st quarter. Principal Financial Group Inc. now owns 28,755 shares of the software maker’s stock valued at $16,427,000 after buying an additional 1,276 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

About HubSpot

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.