HubSpot’s (HUBS) “Buy” Rating Reiterated at Needham & Company LLC

HubSpot (NYSE:HUBS)‘s stock had its “buy” rating restated by stock analysts at Needham & Company LLC in a report issued on Friday, Benzinga reports. They currently have a $300.00 target price on the software maker’s stock. Needham & Company LLC’s price target suggests a potential upside of 35.28% from the company’s current price.

HUBS has been the topic of a number of other research reports. Oppenheimer cut shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. Weiss Ratings reissued a “sell (d)” rating on shares of HubSpot in a report on Wednesday, June 24th. Capital One Financial set a $206.00 target price on shares of HubSpot and gave the stock an “equal weight” rating in a report on Thursday, August 6th. Wall Street Zen cut shares of HubSpot from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Finally, KeyCorp cut their target price on shares of HubSpot from $290.00 to $285.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $270.61.

HubSpot Trading Down 1.9%

NYSE HUBS traded down $4.26 during trading hours on Friday, reaching $221.77. The company’s stock had a trading volume of 964,974 shares, compared to its average volume of 1,805,789. The business has a 50-day simple moving average of $232.09 and a 200 day simple moving average of $221.82. HubSpot has a 52 week low of $169.63 and a 52 week high of $524.63. The stock has a market cap of $11.06 billion, a PE ratio of 78.36, a PEG ratio of 2.28 and a beta of 1.18.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter last year, the company posted $2.19 earnings per share. HubSpot’s revenue was up 19.8% on a year-over-year basis. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, equities analysts predict that HubSpot will post 4.56 EPS for the current year.

Insider Buying and Selling at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $245.64, for a total value of $2,087,940.00. Following the sale, the director owned 68,000 shares in the company, valued at approximately $16,703,520. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Erika Fisher sold 702 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the sale, the insider owned 14,581 shares in the company, valued at $3,429,742.82. The trade was a 4.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 26,202 shares of company stock worth $5,998,079. 3.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC increased its stake in shares of HubSpot by 13.0% during the second quarter. Tidal Investments LLC now owns 6,307 shares of the software maker’s stock valued at $1,151,000 after acquiring an additional 726 shares during the period. WINTON GROUP Ltd acquired a new position in shares of HubSpot during the second quarter valued at approximately $234,000. Engineers Gate Manager LP increased its stake in shares of HubSpot by 58.8% during the second quarter. Engineers Gate Manager LP now owns 68,704 shares of the software maker’s stock valued at $12,539,000 after acquiring an additional 25,441 shares during the period. NewEdge Advisors LLC increased its stake in shares of HubSpot by 5.1% during the second quarter. NewEdge Advisors LLC now owns 6,532 shares of the software maker’s stock valued at $1,192,000 after acquiring an additional 317 shares during the period. Finally, Allworth Financial LP increased its stake in shares of HubSpot by 21.6% during the second quarter. Allworth Financial LP now owns 1,594 shares of the software maker’s stock valued at $291,000 after acquiring an additional 283 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

About HubSpot

HubSpot, Inc develops cloud-based customer relationship management (CRM) and marketing software for businesses. Its platform is designed to help organizations attract prospects, manage customer interactions, close sales and provide ongoing service through an integrated set of tools.

The company’s products include Marketing Hub, Sales Hub, Service Hub, Content Hub, Operations Hub and Commerce Hub. These offerings support marketing automation, sales engagement, customer support, content management, data integration, payments and other commercial activities.