HubSpot (NYSE:HUBS) Stock Rating Lowered by Zacks Research

HubSpot (NYSE:HUBS) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Several other research analysts also recently commented on the stock. BTIG Research dropped their target price on shares of HubSpot from $300.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Mizuho decreased their price target on shares of HubSpot from $300.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, May 8th. William Blair downgraded HubSpot from an “outperform” rating to a “market perform” rating in a research report on Friday, May 8th. Citigroup dropped their price objective on HubSpot from $217.00 to $210.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, KeyCorp decreased their target price on HubSpot from $290.00 to $285.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. Fifteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $268.90.

HubSpot Stock Up 14.5%

Shares of HubSpot stock opened at $240.52 on Wednesday. HubSpot has a 12-month low of $169.63 and a 12-month high of $525.51. The stock has a 50 day moving average price of $205.60 and a two-hundred day moving average price of $226.25. The stock has a market capitalization of $11.99 billion, a P/E ratio of 84.99, a PEG ratio of 2.15 and a beta of 1.19.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. The company had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter last year, the firm 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. Sell-side analysts anticipate that HubSpot will post 4.54 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Brian Halligan sold 8,500 shares of the stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $221.09, for a total value of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares in the company, valued at approximately $18,792,650. This trade represents a 9.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Erika Ashley Fisher sold 702 shares of HubSpot 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 in the company, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 26,202 shares of company stock worth $5,481,959 in the last ninety days. Insiders own 3.70% of the company’s stock.

Institutional Trading of HubSpot

Hedge funds have recently modified their holdings of the company. Turning Point Benefit Group Inc. bought a new stake in shares of HubSpot during the third quarter valued at approximately $25,000. Rakuten Securities Inc. increased its holdings in HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after buying an additional 47 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new position in shares of HubSpot in the 4th quarter valued at $33,000. Osterweis Capital Management Inc. bought a new position in shares of HubSpot during the 2nd quarter worth about $34,000. Finally, Larson Financial Group LLC lifted its holdings in shares of HubSpot by 378.9% during the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock worth $37,000 after acquiring an additional 72 shares during the period. Institutional investors own 90.39% of the company’s stock.

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.