HubSpot, Inc. (NYSE:HUBS) Receives $718.04 Average Target Price from Brokerages

HubSpot, Inc. (NYSE:HUBS) has received a consensus rating of “Moderate Buy” from the thirty analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, twenty-seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $647.3214.

A number of research analysts recently commented on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of HubSpot in a research note on Tuesday, October 14th. Bank of America cut their price objective on HubSpot from $640.00 to $515.00 and set a “buy” rating for the company in a report on Thursday. Stifel Nicolaus reduced their price objective on HubSpot from $600.00 to $550.00 and set a “buy” rating on the stock in a research report on Thursday. Needham & Company LLC dropped their target price on HubSpot from $900.00 to $700.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Canaccord Genuity Group cut their target price on HubSpot from $700.00 to $600.00 and set a “buy” rating for the company in a research note on Thursday.

Insider Buying and Selling at HubSpot

In other news, CFO Kathryn Bueker sold 615 shares of the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $500.00, for a total value of $307,500.00. Following the completion of the sale, the chief financial officer owned 38,794 shares of the company’s stock, valued at approximately $19,397,000. The trade was a 1.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Yamini Rangan sold 2,387 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 56,277 shares in the company, valued at approximately $28,138,500. The trade was a 4.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 51,098 shares of company stock valued at $24,757,257. Corporate insiders own 4.00% of the company’s stock.

Hedge Funds Weigh In On HubSpot

Several hedge funds have recently made changes to their positions in the business. Private Trust Co. NA increased its stake in shares of HubSpot by 481.5% in the 1st quarter. Private Trust Co. NA now owns 157 shares of the software maker’s stock worth $90,000 after purchasing an additional 130 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in HubSpot by 19.2% during the second 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 purchasing an additional 1,533 shares in the last quarter. Moody Lynn & Lieberson LLC grew its holdings in HubSpot by 2,038.1% during the second quarter. Moody Lynn & Lieberson LLC now owns 20,953 shares of the software maker’s stock valued at $11,663,000 after purchasing an additional 19,973 shares during the period. Acadian Asset Management LLC increased its position in HubSpot by 15.0% in the first quarter. Acadian Asset Management LLC now owns 5,059 shares of the software maker’s stock worth $2,888,000 after buying an additional 660 shares in the last quarter. Finally, Nordea Investment Management AB increased its position in HubSpot by 74.4% in the second quarter. Nordea Investment Management AB now owns 16,043 shares of the software maker’s stock worth $8,921,000 after buying an additional 6,846 shares in the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

HubSpot Trading Down 14.8%

HUBS stock opened at $395.85 on Tuesday. The company’s 50 day moving average is $476.80 and its 200 day moving average is $528.82. The stock has a market cap of $20.86 billion, a price-to-earnings ratio of -4,948.13, a price-to-earnings-growth ratio of 16.06 and a beta of 1.60. HubSpot has a 1-year low of $375.01 and a 1-year high of $881.13.

HubSpot (NYSE:HUBS) last announced its earnings results on Wednesday, November 5th. The software maker reported $2.66 earnings per share (EPS) for the quarter, beating the consensus estimate 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 0.12% and a positive return on equity of 1.19%. HubSpot’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same period in the previous year, the business posted $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. As a group, sell-side analysts forecast that HubSpot will post 1.01 EPS for the current fiscal year.

HubSpot Company Profile

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.