Cantor Fitzgerald Cuts HubSpot (NYSE:HUBS) Price Target to $500.00

HubSpot (NYSE:HUBS) had its price objective lowered by Cantor Fitzgerald from $775.00 to $500.00 in a research note published on Friday morning,Benzinga reports. The firm currently has an overweight rating on the software maker’s stock. Cantor Fitzgerald also issued estimates for HubSpot’s FY2025 earnings at $1.67 EPS.

Several other research firms have also weighed in on HUBS. KeyCorp reduced their price objective on shares of HubSpot from $775.00 to $650.00 and set an “overweight” rating for the company in a research report on Thursday. Mizuho reduced their target price on HubSpot from $700.00 to $550.00 and set an “outperform” rating for the company in a report on Thursday. Needham & Company LLC lowered their price objective on shares of HubSpot from $900.00 to $700.00 and set a “buy” rating on the stock in a research note on Thursday. Citigroup boosted their price target on shares of HubSpot from $650.00 to $658.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Stifel Nicolaus dropped their price objective on HubSpot from $600.00 to $550.00 and set a “buy” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $620.41.

HubSpot Trading Down 3.3%

HUBS traded down $13.34 during trading on Friday, hitting $385.06. 1,292,767 shares of the company’s stock were exchanged, compared to its average volume of 779,299. The stock has a 50 day moving average price of $475.10 and a 200 day moving average price of $527.61. HubSpot has a 1 year low of $375.01 and a 1 year high of $881.13. The firm has a market cap of $20.17 billion, a P/E ratio of -4,813.25, a price-to-earnings-growth ratio of 14.25 and a beta of 1.60.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, November 5th. The software maker reported $2.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.58 by $0.08. The firm had revenue of $809.52 million for the quarter, compared to analysts’ expectations of $786.80 million. HubSpot had a negative net margin of 0.12% and a positive return on equity of 1.21%. The firm’s quarterly revenue was up 20.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.18 earnings per share. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. Analysts forecast that HubSpot will post 1.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Brian Halligan sold 235 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $493.30, for a total transaction of $115,925.50. Following the transaction, the director directly owned 513,466 shares in the company, valued at approximately $253,292,777.80. The trade was a 0.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Dharmesh Shah sold 4,747 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $501.60, for a total transaction of $2,381,095.20. Following the completion of the sale, the chief technology officer owned 1,271,058 shares of the company’s stock, valued at $637,562,692.80. This trade represents a 0.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 51,098 shares of company stock worth $24,757,257. Insiders own 4.00% of the company’s stock.

Institutional Trading of HubSpot

Several large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted its holdings in shares of HubSpot by 117.4% in the third quarter. EverSource Wealth Advisors LLC now owns 689 shares of the software maker’s stock worth $322,000 after acquiring an additional 372 shares during the last quarter. Clearstead Advisors LLC raised its position in HubSpot by 21.9% in the third quarter. Clearstead Advisors LLC now owns 467 shares of the software maker’s stock valued at $218,000 after purchasing an additional 84 shares during the last quarter. Avalon Trust Co bought a new stake in shares of HubSpot during the third quarter worth about $281,000. Kovitz Investment Group Partners LLC increased its stake in shares of HubSpot by 615.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 72,767 shares of the software maker’s stock valued at $34,041,000 after buying an additional 62,590 shares during the period. Finally, Vestmark Advisory Solutions Inc. raised its holdings in HubSpot by 124.5% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 1,803 shares of the software maker’s stock valued at $843,000 after buying an additional 1,000 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

About HubSpot

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.