HubSpot (NYSE:HUBS) Trading 9.4% Higher – Here’s Why

HubSpot, Inc. (NYSE:HUBS) traded up 9.4% during trading on Thursday . The company traded as high as $216.87 and last traded at $229.83. 723,340 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 1,826,006 shares. The stock had previously closed at $210.12.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on HUBS shares. Wells Fargo & Company cut HubSpot from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 6th. BMO Capital Markets downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $230.00 to $215.00 in a research note on Thursday, August 6th. Evercore set a $225.00 price target on shares of HubSpot in a research report on Friday, May 8th. TD Cowen dropped their price objective on shares of HubSpot from $250.00 to $220.00 and set a “hold” rating for the company in a research note on Thursday, August 6th. Finally, Royal Bank Of Canada cut their price objective on shares of HubSpot from $350.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, HubSpot has a consensus rating of “Hold” and an average target price of $268.90.

HubSpot Stock Down 6.9%

The business’s 50 day moving average is $205.84 and its 200-day moving average is $226.23. The firm has a market capitalization of $11.17 billion, a P/E ratio of 79.13, a PEG ratio of 2.46 and a beta of 1.19.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. During the same period in the previous year, the business earned $2.19 earnings per share. The company’s revenue was up 19.8% on a year-over-year basis. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Research analysts forecast that HubSpot, Inc. will post 4.54 EPS for the current fiscal year.

Insider Transactions at HubSpot

In other HubSpot news, Director Gerald Dischler purchased 925 shares of the stock in a transaction dated Monday, August 10th. The stock was bought at an average price of $215.93 per share, with a total value of $199,735.25. Following the acquisition, the director owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total value of $1,879,265.00. Following the sale, the director owned 85,000 shares of the company’s stock, valued at approximately $18,792,650. This represents a 9.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 26,202 shares of company stock valued at $5,481,959. Corporate insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Turning Point Benefit Group Inc. bought a new stake in shares of HubSpot during the 3rd quarter valued at approximately $25,000. Rakuten Securities Inc. lifted its stake in HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after purchasing an additional 47 shares during the last quarter. Cary Street Partners Investment Advisory LLC acquired a new stake in HubSpot in the fourth quarter valued at approximately $33,000. Osterweis Capital Management Inc. acquired a new stake in HubSpot in the second quarter valued at approximately $34,000. Finally, Larson Financial Group LLC boosted its position in HubSpot by 378.9% in the fourth quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock valued at $37,000 after buying an additional 72 shares in the last quarter. 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.