HubSpot (NYSE:HUBS) Trading Up 6.1% on Analyst Upgrade

HubSpot, Inc. (NYSE:HUBS)’s stock price was up 6.1% during mid-day trading on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $217.97 and last traded at $220.2320. Approximately 302,026 shares were traded during trading, a decline of 83% from the average session volume of 1,777,289 shares. The stock had previously closed at $207.48.

Several other equities research analysts have also recently commented on HUBS. BMO Capital Markets lowered their target price on HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Mizuho cut their price target on HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Citigroup cut HubSpot from a “buy” rating to a “neutral” rating and decreased their price target for the company from $321.00 to $230.00 in a report on Friday, May 8th. Truist Financial lowered their price objective on HubSpot from $300.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Morgan Stanley dropped their price objective on HubSpot from $405.00 to $350.00 and set an “overweight” rating for the company in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $311.00.

Insider Activity at HubSpot

In other news, insider Erika Ashley Fisher sold 915 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $236.66, for a total value of $216,543.90. Following the transaction, the insider owned 16,270 shares of the company’s stock, valued at $3,850,458.20. This represents a 5.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Dharmesh Shah purchased 10,000 shares of HubSpot stock in a transaction dated Tuesday, May 12th. The stock was bought at an average price of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the transaction, the chief technology officer directly owned 1,295,400 shares in the company, valued at $234,946,698. The trade was a 0.78% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 14,063 shares of company stock worth $2,585,781 and have sold 26,207 shares worth $5,567,244. 3.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On HubSpot

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HUBS. Fluent Financial LLC acquired a new position in shares of HubSpot during the 2nd quarter worth about $763,000. Assenagon Asset Management S.A. raised its position in shares of HubSpot by 135.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock valued at $41,397,000 after acquiring an additional 130,433 shares during the period. CX Institutional boosted its stake in HubSpot by 4,785.7% during the 2nd quarter. CX Institutional now owns 342 shares of the software maker’s stock worth $62,000 after acquiring an additional 335 shares during the last quarter. Basecamp Wealth Advisors LLC boosted its stake in HubSpot by 18.5% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 435 shares of the software maker’s stock worth $106,000 after acquiring an additional 68 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in HubSpot by 84.5% during the 1st quarter. Empowered Funds LLC now owns 3,938 shares of the software maker’s stock worth $961,000 after acquiring an additional 1,804 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

HubSpot Stock Down 3.6%

The stock has a market cap of $10.74 billion, a price-to-earnings ratio of 109.82, a PEG ratio of 2.38 and a beta of 1.22. The stock’s fifty day moving average is $198.73 and its 200-day moving average is $247.72.

HubSpot (NYSE:HUBS) last issued its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating the consensus estimate of $2.47 by $0.25. The firm had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The business’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.84 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, equities research analysts predict that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

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.