HubSpot (NYSE:HUBS) Trading Up 6.1% on Analyst Upgrade

Shares of HubSpot, Inc. (NYSE:HUBS) rose 6.1% during mid-day trading on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $217.97 and last traded at $220.2320. Approximately 302,026 shares traded hands during trading, a decline of 83% from the average session volume of 1,777,289 shares. The stock had previously closed at $207.48.

Several other equities analysts have also recently commented on HUBS. JPMorgan Chase & Co. reduced their target price on HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Cantor Fitzgerald cut shares of HubSpot from an “overweight” rating to a “neutral” rating and cut their price target for the company from $325.00 to $200.00 in a report on Friday, May 8th. Raymond James Financial reiterated an “outperform” rating and set a $250.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Royal Bank Of Canada dropped their target price on shares of HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. Finally, William Blair lowered shares of HubSpot from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $311.00.

Insiders Place Their Bets

In related news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $184.42, for a total transaction of $1,567,570.00. Following the sale, the director directly owned 93,500 shares of the company’s stock, valued at approximately $17,243,270. This represents a 8.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Erika Ashley Fisher sold 915 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $236.66, for a total value of $216,543.90. Following the transaction, the insider owned 16,270 shares in the company, valued at $3,850,458.20. This trade represents a 5.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $5,567,244. Insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD lifted its holdings in HubSpot by 36.5% in the fourth 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. Arrowstreet Capital Limited Partnership boosted its stake in HubSpot by 352.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after acquiring an additional 703,706 shares during the period. Capital World Investors bought a new position in shares of HubSpot during the fourth quarter valued at approximately $259,930,000. AQR Capital Management LLC grew its holdings in shares of HubSpot by 117.6% during the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after purchasing an additional 642,545 shares during the last quarter. Finally, Pictet Asset Management Holding SA raised its position in shares of HubSpot by 32.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock worth $776,714,000 after purchasing an additional 476,740 shares during the period. 90.39% of the stock is currently owned by institutional investors.

HubSpot Price Performance

The stock has a market capitalization of $10.74 billion, a price-to-earnings ratio of 109.82, a price-to-earnings-growth ratio of 2.38 and a beta of 1.22. The company has a 50-day simple moving average of $198.73 and a two-hundred day simple moving average of $247.72.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The business had revenue of $881.00 million during the quarter, compared to analyst estimates of $863.32 million. During the same quarter in the prior year, the firm earned $1.84 earnings per share. The company’s quarterly revenue was up 23.4% on a year-over-year basis. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Research analysts anticipate that HubSpot, Inc. will post 4.39 EPS for the current year.

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.