Royal Bank Of Canada Has Lowered Expectations for HubSpot (NYSE:HUBS) Stock Price

HubSpot (NYSE:HUBS) had its target price decreased by Royal Bank Of Canada from $300.00 to $260.00 in a research note issued on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the software maker’s stock. Royal Bank Of Canada‘s price target would indicate a potential upside of 25.28% from the stock’s current price.

A number of other brokerages have also recently weighed in on HUBS. Wolfe Research cut HubSpot from an “outperform” rating to a “peer perform” rating in a research note on Thursday, August 6th. Canaccord Genuity Group decreased their target price on shares of HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, August 6th. William Blair reissued a “market perform” rating on shares of HubSpot in a research report on Tuesday, October 6th. Truist Financial cut their price target on shares of HubSpot from $275.00 to $230.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Capital One Financial downgraded shares of HubSpot from an “overweight” rating to an “equal weight” rating and set a $206.00 price target for the company. in a research report on Thursday, August 6th. Eight research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $259.19.

HubSpot Stock Down 4.2%

HubSpot stock traded down $9.11 during mid-day trading on Thursday, hitting $207.53. 2,339,152 shares of the company’s stock traded hands, compared to its average volume of 1,733,279. The company has a market cap of $10.35 billion, a PE ratio of 73.25, a price-to-earnings-growth ratio of 2.30 and a beta of 1.14. The firm has a 50 day moving average price of $233.82 and a 200 day moving average price of $230.93. HubSpot has a one year low of $169.63 and a one year high of $409.31.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 EPS for the quarter, beating analysts’ consensus estimates of $3.27 by $0.54. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $947.57 million for the quarter, compared to analyst estimates of $925.50 million. During the same quarter last year, the business earned $2.66 earnings per share. The business’s revenue for the quarter was up 17.1% on a year-over-year basis. On average, analysts expect that HubSpot will post 4.63 earnings per share for the current fiscal year.

Insider Activity at HubSpot

In related news, Director Gerald Dischler acquired 925 shares of the stock in a transaction that occurred 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 owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the completion of the transaction, the director owned 59,500 shares in the company, valued at approximately $14,254,415. This represents a 12.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 25,500 shares of company stock valued at $5,990,035. 3.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On HubSpot

Several institutional investors and hedge funds have recently modified their holdings of the stock. Access Investment Management LLC acquired a new position in HubSpot in the 3rd quarter worth about $32,000. Elevation Wealth Partners LLC lifted its holdings in shares of HubSpot by 66.7% during the 3rd quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock valued at $36,000 after buying an additional 70 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of HubSpot during the 2nd quarter valued at about $38,000. Provenance Wealth Advisors LLC grew its stake in shares of HubSpot by 152.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 290 shares of the software maker’s stock valued at $59,000 after buying an additional 175 shares in the last quarter. Finally, Oslo Pensjonsforsikring AS bought a new stake in shares of HubSpot in the 1st quarter valued at approximately $74,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 adjusted earnings of $3.81 per share and revenue of $947.57 million topped analyst estimates; revenue grew 17.1% year over year. HubSpot also lifted its 2026 outlook. Q3 earnings and outlook
• Neutral Sentiment: Truist lowered its price target from $275 to $230 but maintained a Buy rating, indicating it still sees potential upside from the current level. Truist recommendations
• Negative Sentiment: Q4 revenue guidance fell short of market expectations, overshadowing the quarterly beat and contributing to concerns about a bumpy transition to outcome-based AI and slower growth. Q4 guidance report
• Negative Sentiment: Several firms turned more cautious: Cantor Fitzgerald cut its rating to Underweight and slashed its target to $170; BTIG, Morgan Stanley, KeyCorp, and Piper Sandler also downgraded or reduced their ratings. These moves add to investor concern despite the earnings beat. Cantor Fitzgerald recommendations

About HubSpot

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.