Mizuho Issues Pessimistic Forecast for HubSpot (NYSE:HUBS) Stock Price

HubSpot (NYSE:HUBS) had its price objective reduced by analysts at Mizuho from $700.00 to $550.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the software maker’s stock. Mizuho’s target price indicates a potential upside of 38.25% from the stock’s previous close.

HUBS has been the subject of a number of other research reports. Wall Street Zen downgraded HubSpot from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. KeyCorp decreased their price target on HubSpot from $860.00 to $775.00 and set an “overweight” rating for the company in a research report on Thursday, August 7th. UBS Group reissued an “outperform” rating on shares of HubSpot in a research note on Wednesday, September 3rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $775.00 price objective on shares of HubSpot in a research note on Friday, October 3rd. Finally, Piper Sandler started coverage on shares of HubSpot in a research report on Thursday, September 4th. They issued an “overweight” rating and a $675.00 target price on the stock. 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $626.50.

HubSpot Trading Up 0.7%

NYSE:HUBS traded up $2.88 during mid-day trading on Thursday, reaching $397.83. 1,358,850 shares of the stock were exchanged, compared to its average volume of 808,891. The business has a fifty day moving average price of $475.10 and a 200 day moving average price of $527.99. HubSpot has a 1-year low of $375.01 and a 1-year high of $881.13. The firm has a market capitalization of $20.84 billion, a PE ratio of -4,972.91, a PEG ratio of 13.65 and a beta of 1.60.

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

Insider Transactions at HubSpot

In other HubSpot news, Director Brian Halligan sold 235 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $493.30, for a total value of $115,925.50. Following the transaction, the director owned 513,466 shares in the company, valued at $253,292,777.80. The trade was a 0.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Kathryn Bueker sold 615 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $500.00, for a total value of $307,500.00. Following the sale, the chief financial officer directly owned 38,794 shares of the company’s stock, valued at $19,397,000. This trade represents a 1.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 51,098 shares of company stock worth $24,757,257 in the last ninety days. Company insiders own 4.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of HUBS. Principal Financial Group Inc. lifted its stake in shares of HubSpot by 4.6% in the 1st quarter. Principal Financial Group Inc. now owns 28,755 shares of the software maker’s stock valued at $16,427,000 after purchasing an additional 1,276 shares during the last quarter. TD Private Client Wealth LLC lifted its position in shares of HubSpot by 67,700.0% in the first quarter. TD Private Client Wealth LLC now owns 1,356 shares of the software maker’s stock worth $775,000 after buying an additional 1,354 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of HubSpot by 42.8% during the 1st quarter. Crossmark Global Holdings Inc. now owns 444 shares of the software maker’s stock worth $254,000 after acquiring an additional 133 shares in the last quarter. Greenleaf Trust bought a new stake in shares of HubSpot during the 1st quarter worth about $204,000. Finally, Linden Thomas Advisory Services LLC increased its holdings in shares of HubSpot by 5.5% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 2,703 shares of the software maker’s stock valued at $1,544,000 after acquiring an additional 141 shares during the last quarter. Institutional investors and hedge funds 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.