HubSpot (NYSE:HUBS) Stock Gets Price Target Boost from BTIG Research

HubSpot (NYSE:HUBS) had its target price hoisted by equities researchers at BTIG Research from $250.00 to $300.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the software maker’s stock. BTIG Research‘s target price would suggest a potential upside of 12.30% from the company’s current price.

Several other research analysts also recently commented on HUBS. Piper Sandler downgraded shares of HubSpot from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $250.00 to $220.00 in a report on Thursday, August 6th. Bank of America reiterated an “underperform” rating and issued a $200.00 price objective on shares of HubSpot in a research note on Thursday, August 6th. Raymond James Financial cut shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Monday, October 5th. William Blair restated a “market perform” rating on shares of HubSpot in a research report on Tuesday, October 6th. Finally, Canaccord Genuity Group dropped their target price on HubSpot from $335.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $266.58.

HubSpot Stock Performance

Shares of HUBS opened at $267.14 on Friday. The business has a 50-day moving average of $232.39 and a 200 day moving average of $217.83. HubSpot has a fifty-two week low of $169.63 and a fifty-two week high of $497.96. The firm has a market cap of $13.32 billion, a P/E ratio of 94.40, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24.

HubSpot (NYSE:HUBS) last released 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. The business had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company’s revenue was up 19.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.19 earnings per share. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, research analysts predict that HubSpot will post 4.63 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Erika Fisher sold 702 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the transaction, the insider owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. The trade was a 4.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gerald Dischler acquired 925 shares of HubSpot stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average cost of $215.93 per share, with a total value of $199,735.25. Following the purchase, the director owned 1,940 shares of the company’s stock, valued at $418,904.20. This represents a 91.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders sold 26,202 shares of company stock worth $6,155,159. 3.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On HubSpot

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new position in HubSpot in the 2nd quarter worth about $631,386,000. Pictet Asset Management Holding SA grew its holdings in shares of HubSpot by 13.1% during the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock worth $533,993,000 after purchasing an additional 252,604 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of HubSpot by 352.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares in the last quarter. Amundi grew its holdings in shares of HubSpot by 33.4% during the first quarter. Amundi now owns 586,037 shares of the software maker’s stock worth $143,052,000 after purchasing an additional 146,871 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of HubSpot in the second quarter worth approximately $112,671,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

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.