HubSpot (NYSE:HUBS) Given New $217.00 Price Target at Citigroup

HubSpot (NYSE:HUBS) had its price objective cut by investment analysts at Citigroup from $230.00 to $217.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the software maker’s stock. Citigroup’s price objective indicates a potential upside of 6.43% from the stock’s current price.

Several other equities analysts have also recently issued reports on HUBS. BMO Capital Markets reduced their price objective on HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Wells Fargo & Company reissued an “equal weight” rating and issued a $225.00 price objective (down from $300.00) on shares of HubSpot in a research note on Monday. Cantor Fitzgerald cut HubSpot from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $325.00 to $200.00 in a report on Friday, May 8th. Canaccord Genuity Group set a $335.00 price target on HubSpot in a report on Friday, May 8th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $250.00 price objective on shares of HubSpot in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, HubSpot presently has an average rating of “Moderate Buy” and an average price target of $307.86.

HubSpot Stock Performance

Shares of NYSE HUBS traded up $13.87 during mid-day trading on Friday, hitting $203.88. The stock had a trading volume of 653,547 shares, compared to its average volume of 1,767,565. HubSpot has a twelve month low of $169.63 and a twelve month high of $568.16. The firm has a market cap of $10.44 billion, a PE ratio of 106.96, a PEG ratio of 2.24 and a beta of 1.22. The company has a 50 day moving average of $200.73 and a two-hundred day moving average of $238.73.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The firm had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. During the same period last year, the business earned $1.84 earnings per share. HubSpot’s revenue was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Equities research analysts predict that HubSpot will post 4.39 EPS for the current fiscal year.

Insider Transactions at HubSpot

In other news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $184.42, for a total transaction of $1,567,570.00. Following the completion of the transaction, the director directly owned 93,500 shares in the company, valued at $17,243,270. This trade represents a 8.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Dharmesh Shah purchased 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the transaction, the chief technology officer directly owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. The trade was a 0.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 14,063 shares of company stock worth $2,585,781 and sold 17,915 shares worth $3,654,114. Insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Turning Point Benefit Group Inc. bought a new stake in HubSpot in the third quarter worth about $25,000. Rakuten Securities Inc. raised its stake in shares of HubSpot by 783.3% in the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after buying an additional 47 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new position in shares of HubSpot during the 4th quarter valued at $33,000. Osterweis Capital Management Inc. bought a new position in shares of HubSpot during the 2nd quarter worth $34,000. Finally, Larson Financial Group LLC increased its holdings in HubSpot by 378.9% in the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock worth $37,000 after acquiring an additional 72 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

HubSpot Company Profile

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.