HubSpot (NYSE:HUBS) Stock Price Target Cut by Truist Financial

HubSpot (NYSE:HUBS) had its target price dropped by equities researchers at Truist Financial from $275.00 to $230.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the software maker’s stock. Truist Financial‘s target price would suggest a potential upside of 2.91% from the company’s current price.

Several other equities analysts have also recently weighed in on the stock. Canaccord Genuity Group decreased their price target on shares of HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Zacks Research cut shares of HubSpot from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. UBS Group restated a “hold” rating on shares of HubSpot in a report on Thursday. The Goldman Sachs Group set a $276.00 target price on shares of HubSpot in a research report on Thursday, August 6th. Finally, Capital One Financial lowered shares of HubSpot from an “overweight” rating to an “equal weight” rating and set a $206.00 price target on the stock. in a research note on Thursday, August 6th. Eight equities research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, HubSpot presently has an average rating of “Hold” and a consensus price target of $261.06.

HubSpot Stock Up 3.2%

HubSpot stock traded up $6.85 during mid-day trading on Thursday, hitting $223.49. 919,573 shares of the company’s stock were exchanged, compared to its average volume of 1,724,331. The company’s 50 day simple moving average is $233.82 and its 200-day simple moving average is $230.93. The firm has a market capitalization of $11.14 billion, a P/E ratio of 78.14, a PEG 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.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 4th. The software maker reported $3.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $0.54. The firm had revenue of $947.57 million during the quarter, compared to analysts’ expectations of $925.50 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The company’s revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the firm earned $2.66 earnings per share. Research analysts expect that HubSpot will post 4.63 EPS for the current year.

Insider Activity at HubSpot

In other news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the transaction, the director directly owned 59,500 shares of the company’s stock, valued at approximately $14,254,415. This trade represents a 12.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gerald Dischler acquired 925 shares of the company’s stock in a transaction on Monday, August 10th. The stock was bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the completion of the acquisition, the director directly owned 1,940 shares in the company, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 25,500 shares of company stock valued at $5,990,035 over the last 90 days. Company insiders own 3.70% of the company’s stock.

Institutional Trading of HubSpot

Large investors have recently made changes to their positions in the company. Access Investment Management LLC acquired a new stake in HubSpot in the third quarter valued at approximately $32,000. Elevation Wealth Partners LLC raised its position in shares of HubSpot by 66.7% during the third quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock worth $36,000 after purchasing an additional 70 shares during the period. Global Retirement Partners LLC acquired a new position in shares of HubSpot during the second quarter worth approximately $38,000. Provenance Wealth Advisors LLC lifted its holdings in shares of HubSpot by 152.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 290 shares of the software maker’s stock worth $59,000 after purchasing an additional 175 shares in the last quarter. Finally, Oslo Pensjonsforsikring AS bought a new position in shares of HubSpot in the 1st quarter worth $74,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 adjusted EPS of $3.81 beat the roughly $3.27 consensus, while revenue of $947.6 million exceeded forecasts and rose 17.1% year over year. The company also raised its 2026 outlook. HubSpot Q3 Adjusted Earnings, Revenue Rise; Q4 Guidance Issued, 2026 Outlook Lifted
• Negative Sentiment: Q4 revenue guidance came in below market expectations, prompting concern that growth may be slowing despite the quarterly beat. An earnings-call summary also highlighted pressure on growth amid HubSpot’s AI shift. HubSpot dips after Q4 guidance comes up short of market expectations
• Negative Sentiment: Several firms cut ratings after the results. Cantor Fitzgerald moved to underweight and slashed its target to $170 from $265; Piper Sandler lowered its target to $200 and rated the stock neutral. BTIG and KeyCorp also downgraded HUBS, while Morgan Stanley shifted to equal weight. The revisions signal a more cautious analyst outlook. Cantor Fitzgerald stock recommendations

HubSpot Company Profile

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.