FBN Securities Begins Coverage on HubSpot (NYSE:HUBS)

FBN Securities initiated coverage on shares of HubSpot (NYSE:HUBS) in a report issued on Wednesday, MarketBeat reports. The firm set a “hold” rating and a $230.00 price target on the software maker’s stock. FBN Securities’ price objective would indicate a potential upside of 3.71% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on the stock. Canaccord Genuity Group decreased their price objective on shares of HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Capital One Financial set a $206.00 target price on shares of HubSpot and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Barclays cut their target price on HubSpot from $270.00 to $240.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Stephens upped their price target on HubSpot from $251.00 to $255.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, The Goldman Sachs Group set a $276.00 price objective on HubSpot in a report on Thursday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $270.61.

HubSpot Stock Performance

Shares of HubSpot stock traded down $4.26 during trading on Wednesday, hitting $221.77. 964,974 shares of the stock traded hands, compared to its average volume of 1,805,789. The stock has a market cap of $11.06 billion, a P/E ratio of 78.36, a PEG ratio of 2.28 and a beta of 1.18. The company has a fifty day moving average price of $232.09 and a two-hundred day moving average price of $221.82. HubSpot has a twelve month low of $169.63 and a twelve month high of $524.63.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. The firm had revenue of $911.74 million during 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 company’s revenue was up 19.8% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, equities research analysts expect that HubSpot will post 4.56 EPS for the current fiscal year.

Insider Activity

In other news, insider Erika Fisher sold 702 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total value of $165,124.44. Following the sale, the insider directly owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $245.64, for a total value of $2,087,940.00. Following the completion of the transaction, the director owned 68,000 shares in the company, valued at $16,703,520. The trade was a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 26,202 shares of company stock valued at $5,998,079. 3.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Banque Cantonale Vaudoise lifted its position in shares of HubSpot by 3.7% in the 1st quarter. Banque Cantonale Vaudoise now owns 1,735 shares of the software maker’s stock worth $424,000 after acquiring an additional 62 shares during the period. Basecamp Wealth Advisors LLC grew its holdings in shares of 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 purchasing an additional 68 shares in the last quarter. Cary Street Partners Investment Advisory LLC bought a new stake in shares of HubSpot during the fourth quarter valued at approximately $33,000. Waddell & Associates LLC increased its position in shares of HubSpot by 11.5% during the fourth quarter. Waddell & Associates LLC now owns 870 shares of the software maker’s stock valued at $349,000 after purchasing an additional 90 shares during the period. Finally, Reflection Asset Management acquired a new position in shares of HubSpot in the fourth quarter valued at $37,000. 90.39% of the stock is owned by institutional investors.

HubSpot Company Profile

HubSpot, Inc develops cloud-based customer relationship management (CRM) and marketing software for businesses. Its platform is designed to help organizations attract prospects, manage customer interactions, close sales and provide ongoing service through an integrated set of tools.

The company’s products include Marketing Hub, Sales Hub, Service Hub, Content Hub, Operations Hub and Commerce Hub. These offerings support marketing automation, sales engagement, customer support, content management, data integration, payments and other commercial activities.