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

HubSpot (NYSE:HUBS) had its price objective dropped by equities researchers at Cantor Fitzgerald from $775.00 to $500.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the software maker’s stock. Cantor Fitzgerald’s target price indicates a potential upside of 24.49% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Jefferies Financial Group cut their price target on shares of HubSpot from $650.00 to $560.00 and set a “buy” rating on the stock in a report on Thursday. Raymond James Financial dropped their target price on shares of HubSpot from $825.00 to $655.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. Citigroup lifted 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. Barclays dropped their price objective on shares of HubSpot from $675.00 to $575.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company cut their target price on shares of HubSpot from $685.00 to $600.00 and set an “overweight” rating on the stock in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $633.93.

HubSpot Stock Up 1.7%

Shares of NYSE HUBS traded up $6.68 during trading on Friday, reaching $401.63. 362,367 shares of the stock were exchanged, compared to its average volume of 771,989. The company has a market capitalization of $21.16 billion, a price-to-earnings ratio of -5,008.28, a price-to-earnings-growth ratio of 16.06 and a beta of 1.60. The business’s 50-day moving average price is $476.80 and its 200 day moving average price is $528.82. HubSpot has a twelve month low of $375.01 and a twelve month high of $881.13.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 5th. The software maker reported $2.66 EPS for the quarter, topping analysts’ consensus estimates of $2.58 by $0.08. HubSpot had a negative net margin of 0.12% and a positive return on equity of 1.19%. The firm had revenue of $809.52 million for the quarter, compared to analyst estimates of $786.80 million. During the same quarter in the previous year, the business posted $2.18 EPS. The firm’s revenue was up 20.9% compared to the same quarter last year. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. As a group, sell-side analysts expect that HubSpot will post 1.01 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $449.84, for a total value of $3,823,640.00. Following the completion of the transaction, the director owned 522,435 shares of the company’s stock, valued at approximately $235,012,160.40. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CTO Dharmesh Shah sold 17,253 shares of HubSpot stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $500.66, for a total transaction of $8,637,886.98. Following the sale, the chief technology officer owned 1,275,805 shares in the company, valued at approximately $638,744,531.30. This represents a 1.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 51,098 shares of company stock worth $24,757,257. Insiders own 4.00% of the company’s stock.

Institutional Investors Weigh In On HubSpot

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of HubSpot by 6.4% during the 3rd quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock valued at $2,683,659,000 after purchasing an additional 345,524 shares during the period. Price T Rowe Associates Inc. MD raised its position in HubSpot by 17.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,910,062 shares of the software maker’s stock worth $2,805,070,000 after acquiring an additional 714,980 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of HubSpot by 37.3% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 927,927 shares of the software maker’s stock valued at $530,115,000 after purchasing an additional 251,853 shares in the last quarter. Geode Capital Management LLC increased its stake in HubSpot by 4.3% in the 2nd quarter. Geode Capital Management LLC now owns 925,938 shares of the software maker’s stock worth $513,886,000 after purchasing an additional 38,096 shares in the last quarter. Finally, Jennison Associates LLC boosted its holdings in shares of HubSpot by 548.6% during the second quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock worth $442,341,000 after purchasing an additional 672,158 shares during the period. Institutional investors own 90.39% of the company’s stock.

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.