HubSpot (NYSE:HUBS) Price Target Lowered to $560.00 at Jefferies Financial Group

HubSpot (NYSE:HUBS) had its price target decreased by analysts at Jefferies Financial Group from $650.00 to $560.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the software maker’s stock. Jefferies Financial Group’s price objective points to a potential upside of 41.55% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. UBS Group reissued an “outperform” rating on shares of HubSpot in a research note on Thursday. Canaccord Genuity Group lowered their price target on HubSpot from $700.00 to $600.00 and set a “buy” rating for the company in a research note on Thursday. JPMorgan Chase & Co. lowered their price target on HubSpot from $775.00 to $675.00 and set an “overweight” rating for the company in a research note on Thursday, August 7th. Citigroup boosted their price target on HubSpot from $650.00 to $658.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Barclays lowered their price target on HubSpot from $675.00 to $575.00 and set an “overweight” rating for the company in a research note 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. According to MarketBeat, HubSpot presently has a consensus rating of “Moderate Buy” and an average price target of $648.21.

HubSpot Stock Performance

Shares of NYSE HUBS traded down $69.08 during mid-day trading on Thursday, reaching $395.63. The company had a trading volume of 2,738,396 shares, compared to its average volume of 770,806. The stock has a fifty day moving average of $478.42 and a two-hundred day moving average of $529.75. The company has a market capitalization of $20.85 billion, a price-to-earnings ratio of -1,720.13, a PEG ratio of 16.31 and a beta of 1.60. HubSpot has a 12-month low of $375.01 and a 12-month high of $881.13.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, November 5th. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.58 by $0.08. The business 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 firm’s revenue was up 20.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.18 earnings per share. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. Sell-side analysts forecast that HubSpot will post 1.01 earnings per share for the current fiscal year.

Insider Transactions at HubSpot

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in HubSpot by 2.8% during the second quarter. Vanguard Group Inc. now owns 5,391,241 shares of the software maker’s stock worth $3,000,926,000 after acquiring an additional 144,507 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in HubSpot by 17.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,910,062 shares of the software maker’s stock valued at $2,805,070,000 after acquiring an additional 714,980 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in HubSpot by 37.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 927,927 shares of the software maker’s stock valued at $530,115,000 after acquiring an additional 251,853 shares during the last quarter. Geode Capital Management LLC boosted its holdings in HubSpot by 4.3% during the second quarter. Geode Capital Management LLC now owns 925,938 shares of the software maker’s stock worth $513,886,000 after buying an additional 38,096 shares during the last quarter. Finally, Jennison Associates LLC boosted its holdings in HubSpot by 548.6% during the second quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock worth $442,341,000 after buying an additional 672,158 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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.