HubSpot (NYSE:HUBS) Trading Up 3.4% – Still a Buy?

HubSpot, Inc. (NYSE:HUBS)’s stock price was up 3.4% during trading on Wednesday . The company traded as high as $224.93 and last traded at $225.2570. Approximately 253,942 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 1,801,830 shares. The stock had previously closed at $217.88.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on HUBS shares. Truist Financial increased their target price on HubSpot from $230.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of HubSpot in a research note on Monday. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price objective on shares of HubSpot in a report on Friday, September 18th. KeyCorp lowered their target price on shares of HubSpot from $290.00 to $285.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Finally, Wells Fargo & Company downgraded shares of HubSpot from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $270.61.

HubSpot Stock Up 4.7%

The firm has a market capitalization of $11.38 billion, a PE ratio of 80.61, a P/E/G ratio of 2.24 and a beta of 1.18. The firm’s 50 day moving average price is $231.93 and its two-hundred day moving average price is $222.80.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating 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 company had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. During the same period in the prior year, the company posted $2.19 EPS. The firm’s revenue for the quarter 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. On average, sell-side analysts anticipate that HubSpot, Inc. will post 4.56 earnings per share for the current fiscal year.

Insider Transactions at HubSpot

In related news, Director Gerald Dischler bought 925 shares of the company’s stock in a transaction on Monday, August 10th. The shares were purchased at an average cost of $215.93 per share, with a total value of $199,735.25. Following the completion of the transaction, the director directly owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Erika Fisher sold 702 shares of HubSpot stock in a transaction dated 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 approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 26,202 shares of company stock worth $5,998,079. 3.70% of the stock is currently owned by corporate insiders.

Institutional Trading of HubSpot

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in HubSpot during the second quarter worth approximately $631,386,000. Pictet Asset Management Holding SA increased its holdings in shares of HubSpot by 13.1% in the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock valued at $533,993,000 after buying an additional 252,604 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of HubSpot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock valued at $388,917,000 after acquiring an additional 14,159 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of HubSpot by 352.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after acquiring an additional 703,706 shares during the last quarter. Finally, Capital World Investors bought a new stake in shares of HubSpot during the 4th quarter worth $259,930,000. 90.39% of the stock is currently owned by institutional investors.

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.