HubSpot (NYSE:HUBS) Stock Gets Price Target Trim from TD Cowen

HubSpot (NYSE:HUBS) had its price target reduced by equities research analysts at TD Cowen from $260.00 to $215.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “hold” rating on the software maker’s stock. TD Cowen‘s price objective indicates a potential upside of 4.55% from the stock’s current price.

A number of other research analysts have also recently weighed in on HUBS. Canaccord Genuity Group dropped their price target on HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. The Goldman Sachs Group set a $276.00 price objective on shares of HubSpot in a research note on Thursday, August 6th. Citigroup raised their target price on shares of HubSpot from $210.00 to $287.00 and gave the company a “neutral” rating in a report on Tuesday, October 27th. UBS Group restated a “hold” rating on shares of HubSpot in a research report on Thursday. Finally, KeyCorp cut shares of HubSpot from an “overweight” rating to a “sector weight” rating in a research report on Thursday. Eight equities research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $257.74.

HubSpot Stock Performance

HubSpot stock traded down $10.99 during midday trading on Thursday, reaching $205.65. The company’s stock had a trading volume of 3,363,983 shares, compared to its average volume of 1,735,165. The firm has a market capitalization of $10.25 billion, a PE ratio of 72.67, a P/E/G ratio of 2.30 and a beta of 1.14. HubSpot has a fifty-two week low of $169.63 and a fifty-two week high of $409.31. The stock’s 50 day simple moving average is $233.82 and its 200 day simple moving average is $230.93.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, topping the consensus estimate of $3.27 by $0.54. The company had revenue of $947.57 million for the quarter, compared to analyst estimates of $925.50 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.66 earnings per share. Equities analysts predict that HubSpot will post 4.63 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total value of $2,036,345.00. Following the sale, the director directly owned 59,500 shares in the company, valued at $14,254,415. This represents a 12.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerald Dischler acquired 925 shares of HubSpot stock in a transaction dated Monday, August 10th. The stock was bought at an average price 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 of the company’s stock, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders sold 25,500 shares of company stock valued at $5,990,035. Insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of HubSpot during the 2nd quarter worth about $631,386,000. Pictet Asset Management Holding SA grew its holdings in shares of HubSpot by 2.0% during the third quarter. Pictet Asset Management Holding SA now owns 1,689,478 shares of the software maker’s stock worth $346,208,000 after buying an additional 33,728 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of HubSpot by 352.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after buying an additional 703,706 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of HubSpot in the second quarter valued at approximately $112,671,000. Finally, Amundi lifted its stake in shares of HubSpot by 33.4% during the first quarter. Amundi now owns 586,037 shares of the software maker’s stock valued at $143,052,000 after buying an additional 146,871 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Trending Headlines about HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot reported Q3 adjusted earnings of $3.81 per share, above the roughly $3.27 consensus, and revenue of $947.6 million versus estimates of $925.5 million. Revenue rose 17.1% year over year. HubSpot Q3 earnings results
• Neutral Sentiment: RBC kept its Outperform rating and Truist maintained Buy, though both lowered price targets—to $260 and $230, respectively. Barclays also cut its target to $222 while retaining Equal Weight, reflecting continued caution despite potential upside from current levels. RBC rating Truist rating Barclays rating
• Negative Sentiment: The main near-term concern is the Q4 outlook: reports say revenue guidance fell short of market expectations, while HubSpot navigates a “bumpy” shift toward outcome-based AI offerings. This raised concerns about the pace of growth despite the Q3 beat. Q4 guidance report AI transition outlook
• Negative Sentiment: Analyst sentiment also weakened. BTIG, Morgan Stanley, and KeyCorp downgraded the shares; Cantor Fitzgerald moved to Underweight and cut its target sharply to $170. Piper Sandler lowered its target to $200 and stayed Neutral. Cantor Fitzgerald rating Piper Sandler rating

About HubSpot

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.