KeyCorp Cuts HubSpot (NYSE:HUBS) Price Target to $285.00

HubSpot (NYSE:HUBS) had its target price cut by KeyCorp from $290.00 to $285.00 in a report published on Thursday,Benzinga reports. They currently have an overweight rating on the software maker’s stock.

A number of other equities analysts also recently commented on HUBS. Raymond James Financial restated an “outperform” rating and issued a $250.00 target price on shares of HubSpot in a research note on Friday, May 8th. Citigroup reiterated a “neutral” rating on shares of HubSpot in a research report on Friday, July 24th. UBS Group set a $287.00 price objective on HubSpot in a research note on Thursday. Stephens lowered HubSpot from an “overweight” rating to a “hold” rating and set a $251.00 target price on the stock. in a research report on Thursday. Finally, Evercore set a $225.00 target price on HubSpot in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, HubSpot currently has an average rating of “Hold” and an average target price of $268.90.

HubSpot Stock Up 3.7%

Shares of NYSE:HUBS opened at $209.96 on Thursday. The company has a market capitalization of $10.75 billion, a price-to-earnings ratio of 74.19, a price-to-earnings-growth ratio of 2.29 and a beta of 1.19. The company has a 50 day moving average of $206.74 and a two-hundred day moving average of $229.37. HubSpot has a 52-week low of $169.63 and a 52-week high of $525.51.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.24. The firm had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period in the prior year, the company posted $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. On average, equities analysts anticipate that HubSpot will post 4.41 earnings per share for the current year.

Insider Activity at HubSpot

In other news, Director Lorrie M. Norrington purchased 1,313 shares of the stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the transaction, the director owned 2,838 shares in the company, valued at $540,411.96. This trade represents a 86.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Dharmesh Shah acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was purchased at an average price of $181.37 per share, with a total value of $1,813,700.00. Following the acquisition, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. This trade represents a 0.78% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders acquired 14,063 shares of company stock worth $2,585,781 and sold 26,202 shares worth $5,481,959. Company insiders own 3.70% of the company’s stock.

Institutional Trading of HubSpot

Large investors have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD grew its holdings in shares of HubSpot by 36.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after acquiring an additional 1,224,424 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of HubSpot during the second quarter valued at $631,386,000. Pictet Asset Management Holding SA lifted 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 valued at $533,993,000 after purchasing an additional 252,604 shares during the last quarter. State Street Corp boosted its position in shares of HubSpot by 3.7% in the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after purchasing an additional 42,948 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of HubSpot by 117.6% in the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock worth $477,138,000 after buying an additional 642,545 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Trending Headlines about HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot’s second-quarter results exceeded expectations: adjusted EPS was $3.26 versus the $3.02 consensus, while revenue reached $911.7 million, up 19.8% year over year and ahead of estimates. Customer additions, subscription growth and demand for AI-powered CRM tools supported the quarter. HubSpot Q2 Earnings Beat Estimates
• Positive Sentiment: KeyCorp retained an “overweight” rating with a $285 target, and BTIG maintained a “buy” rating with a $250 target. These analysts see substantial upside if HubSpot converts its AI investments into sustained growth and margin expansion.
• Neutral Sentiment: Management is expanding AI product trials and lowering entry prices to accelerate adoption. The initiatives could strengthen long-term demand, but longer sales cycles and tighter customer software budgets are creating near-term pressure. HUBS Q2 Earnings Call Highlights
• Neutral Sentiment: Jerry Dischler, an experienced AI and digital advertising executive, joined HubSpot’s board, potentially adding strategic expertise as the company develops its AI platform. A director’s sale of 702 shares was relatively small but adds limited insider-selling noise.
• Negative Sentiment: Third-quarter revenue guidance of approximately $924 million-$925 million was below the $941.2 million analyst consensus. The shortfall overshadowed the earnings beat and fueled fears that HubSpot’s growth is slowing as customers delay or scrutinize technology purchases. HubSpot Guidance Report
• Negative Sentiment: Analysts including Stifel, TD Cowen and Piper Sandler downgraded or lowered price targets, citing slower net additions, execution risks and a transition from a premium growth valuation toward a more value-oriented profile.
• Negative Sentiment: Block & Leviton announced an investigation into possible securities-law violations following the sharp decline. The announcement creates headline and legal risk, although it does not establish wrongdoing by HubSpot. HubSpot Investigation Announcement

About HubSpot

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.