Piper Sandler Has Lowered Expectations for HubSpot (NYSE:HUBS) Stock Price

HubSpot (NYSE:HUBS) had its price objective lowered by equities research analysts at Piper Sandler from $675.00 to $590.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the software maker’s stock. Piper Sandler’s price target would indicate a potential upside of 48.30% from the company’s previous close.

HUBS has been the subject of a number of other research reports. UBS Group reaffirmed an “outperform” rating on shares of HubSpot in a research note on Wednesday, September 3rd. Macquarie decreased their target price on HubSpot from $730.00 to $660.00 and set an “outperform” rating for the company in a research report on Thursday, August 7th. Citigroup lifted their price target on HubSpot from $650.00 to $658.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Wall Street Zen downgraded HubSpot from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, BMO Capital Markets reduced their price target on shares of HubSpot from $600.00 to $550.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $626.50.

HubSpot Stock Performance

Shares of NYSE:HUBS opened at $397.83 on Thursday. HubSpot has a one year low of $375.01 and a one year high of $881.13. The company has a market capitalization of $20.84 billion, a PE ratio of -4,972.91, a price-to-earnings-growth ratio of 13.65 and a beta of 1.60. The stock has a fifty day moving average of $475.10 and a 200-day moving average of $527.99.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, November 5th. The software maker reported $2.66 earnings per share for the quarter, topping analysts’ consensus estimates of $2.58 by $0.08. HubSpot had a positive return on equity of 1.21% and a negative net margin of 0.12%.The firm had revenue of $809.52 million for the quarter, compared to analysts’ expectations of $786.80 million. HubSpot’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. As a group, research analysts forecast that HubSpot will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CTO Dharmesh Shah sold 4,747 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $501.60, for a total transaction of $2,381,095.20. Following the completion of the sale, the chief technology officer directly owned 1,271,058 shares of the company’s stock, valued at approximately $637,562,692.80. This represents a 0.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kathryn Bueker sold 615 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $500.00, for a total transaction of $307,500.00. Following the sale, the chief financial officer owned 38,794 shares of the company’s stock, valued at $19,397,000. This trade represents a 1.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 51,098 shares of company stock worth $24,757,257 over the last ninety days. Company insiders own 4.00% of the company’s stock.

Institutional Investors Weigh In On HubSpot

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of HubSpot by 6.4% during the 3rd quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock worth $2,683,659,000 after acquiring an additional 345,524 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of HubSpot by 17.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,910,062 shares of the software maker’s stock worth $2,805,070,000 after buying an additional 714,980 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of HubSpot by 37.3% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 927,927 shares of the software maker’s stock worth $530,115,000 after purchasing an additional 251,853 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of HubSpot by 4.3% in the 2nd quarter. Geode Capital Management LLC now owns 925,938 shares of the software maker’s stock worth $513,886,000 after purchasing an additional 38,096 shares during the last quarter. Finally, Jennison Associates LLC increased its position in shares of HubSpot by 548.6% during the 2nd quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock worth $442,341,000 after purchasing an additional 672,158 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

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.