HubSpot (NYSE:HUBS) Downgraded to Hold Rating by Zacks Research

Zacks Research lowered shares of HubSpot (NYSE:HUBS) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

A number of other research firms have also commented on HUBS. Oppenheimer lowered HubSpot from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Piper Sandler lowered shares of HubSpot from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $250.00 to $220.00 in a research note on Thursday, August 6th. Stifel Nicolaus cut HubSpot from a “buy” rating to a “hold” rating and cut their target price for the stock from $275.00 to $200.00 in a research note on Thursday, August 6th. BMO Capital Markets downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $230.00 to $215.00 in a research report on Thursday, August 6th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 price objective on shares of HubSpot in a report on Friday, May 8th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $268.90.

HubSpot Trading Up 14.5%

Shares of HubSpot stock opened at $240.52 on Wednesday. HubSpot has a 12-month low of $169.63 and a 12-month high of $525.51. The company has a market cap of $11.99 billion, a price-to-earnings ratio of 84.99, a PEG ratio of 2.15 and a beta of 1.19. The company’s 50-day moving average price is $205.60 and its 200-day moving average price is $226.25.

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, topping the consensus estimate of $3.02 by $0.24. The company had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. HubSpot’s revenue for the quarter was up 19.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.19 earnings per share. 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 predict that HubSpot will post 4.54 earnings per share for the current year.

Insider Buying and Selling at HubSpot

In related news, Director Gerald Dischler purchased 925 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the transaction, the director directly owned 1,940 shares in the company, valued at $418,904.20. This represents a 91.13% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Erika Ashley Fisher sold 702 shares of the company’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 value 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 represents a 4.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,202 shares of company stock worth $5,481,959 over the last ninety days. Company insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its position in shares of HubSpot by 36.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after purchasing an additional 1,224,424 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of HubSpot in the 2nd quarter worth $631,386,000. Pictet Asset Management Holding SA grew its stake in HubSpot by 13.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock worth $533,993,000 after buying an additional 252,604 shares during the last quarter. State Street Corp increased its position in HubSpot by 3.7% during the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after buying an additional 42,948 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in HubSpot by 117.6% in the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after buying an additional 642,545 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Company Profile

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.