HubSpot (NYSE:HUBS) Earns “Buy” Rating from Needham & Company LLC

HubSpot (NYSE:HUBS)‘s stock had its “buy” rating restated by research analysts at Needham & Company LLC in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $300.00 target price on the software maker’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 36.48% from the company’s previous close.

HUBS has been the topic of a number of other reports. The Goldman Sachs Group set a $276.00 target price on shares of HubSpot in a research report on Thursday, August 6th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HubSpot in a research report on Tuesday. BMO Capital Markets raised their price objective on HubSpot from $215.00 to $250.00 and gave the stock a “market perform” rating in a research report on Monday, September 21st. Weiss Ratings reissued a “sell (d)” rating on shares of HubSpot in a research note on Monday, September 21st. Finally, Sanford C. Bernstein cut shares of HubSpot from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $381.00 to $220.00 in a research note on Thursday, August 6th. Fourteen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, HubSpot currently has an average rating of “Hold” and an average target price of $270.61.

HubSpot Stock Down 0.4%

HubSpot stock traded down $0.80 during midday trading on Tuesday, hitting $219.81. The company’s stock had a trading volume of 352,165 shares, compared to its average volume of 1,784,169. HubSpot has a 12 month low of $169.63 and a 12 month high of $497.96. The stock’s 50-day moving average price is $231.59 and its 200-day moving average price is $219.04. The company has a market capitalization of $10.96 billion, a PE ratio of 77.75, a price-to-earnings-growth ratio of 2.25 and a beta of 1.24.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) 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 firm had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. During the same period in the previous year, the company earned $2.19 earnings per share. The company’s revenue was up 19.8% compared to the same quarter last year. 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 anticipate that HubSpot will post 4.56 EPS for the current year.

Insiders Place Their Bets

In related news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total value of $1,879,265.00. Following the completion of the transaction, the director directly owned 85,000 shares of the company’s stock, valued at $18,792,650. This represents a 9.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Erika Fisher sold 702 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total transaction of $165,124.44. Following the transaction, the insider directly owned 14,581 shares in the company, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 26,202 shares of company stock valued at $5,998,079. Insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On HubSpot

Several institutional investors and hedge funds have recently made changes to their positions in the business. Banque Cantonale Vaudoise lifted its position in shares of HubSpot by 3.7% in the first quarter. Banque Cantonale Vaudoise now owns 1,735 shares of the software maker’s stock valued at $424,000 after buying an additional 62 shares during the last quarter. Versant Capital Management Inc boosted its position in HubSpot by 20.5% during the 3rd quarter. Versant Capital Management Inc now owns 370 shares of the software maker’s stock worth $76,000 after buying an additional 63 shares during the period. Basecamp Wealth Advisors LLC raised its position in shares of HubSpot by 18.5% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 435 shares of the software maker’s stock worth $106,000 after acquiring an additional 68 shares in the last quarter. Waddell & Associates LLC lifted its stake in shares of HubSpot by 11.5% in the fourth quarter. Waddell & Associates LLC now owns 870 shares of the software maker’s stock valued at $349,000 after buying an additional 90 shares in the last quarter. Finally, Reflection Asset Management bought a new stake in HubSpot during the fourth quarter worth $37,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

HubSpot Company Profile

HubSpot, Inc develops customer relationship management (CRM) software and related tools designed to help businesses attract, engage and retain customers. Its cloud-based platform brings together marketing, sales, customer service, content management, operations and commerce capabilities, allowing organizations to manage customer interactions across the business.

The company’s products include tools for marketing automation, email marketing, lead generation, sales pipeline management, customer support, website and content management, analytics, payments and business operations.