TD Cowen Cuts HubSpot (NYSE:HUBS) Price Target to $220.00

HubSpot (NYSE:HUBS) had its price target lowered by TD Cowen from $250.00 to $220.00 in a report released on Thursday,Benzinga reports. TD Cowen currently has a hold rating on the software maker’s stock.

A number of other equities research analysts have also weighed in on HUBS. Sanford C. Bernstein lowered shares of HubSpot from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $381.00 to $220.00 in a research note on Thursday. BNP Paribas Exane cut shares of HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 target price on the stock. in a research note on Monday, May 11th. William Blair cut HubSpot from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $250.00 target price on shares of HubSpot in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $268.90.

HubSpot Stock Performance

HUBS opened at $209.96 on Thursday. The company’s 50-day simple moving average is $206.74 and its two-hundred day simple moving average is $229.37. The stock has a market capitalization of $10.75 billion, a P/E ratio of 74.19, a P/E/G ratio of 2.29 and a beta of 1.19. HubSpot has a 52-week low of $169.63 and a 52-week high of $525.51.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. The firm had revenue of $911.74 million during 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 business’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same period in the previous year, the business 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. Research analysts forecast that HubSpot will post 4.41 EPS for the current fiscal year.

Insider Activity

In related news, insider Erika Ashley Fisher sold 702 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the transaction, 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 transaction 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 the business’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total transaction of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares in the company, valued at $18,792,650. This represents a 9.09% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 26,202 shares worth $5,481,959. 3.70% of the stock is owned by insiders.

Institutional Trading of HubSpot

A number of large investors have recently made changes to their positions in HUBS. Turning Point Benefit Group Inc. purchased a new stake in shares of HubSpot during the 3rd quarter valued at about $25,000. Rakuten Securities Inc. lifted its holdings in shares of 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 acquiring an additional 47 shares during the last quarter. Cary Street Partners Investment Advisory LLC purchased a new position in HubSpot in the fourth quarter worth about $33,000. Osterweis Capital Management Inc. purchased a new position in HubSpot in the second quarter worth about $34,000. Finally, Larson Financial Group LLC increased its stake in HubSpot by 378.9% during the fourth 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 last quarter. 90.39% of the stock is currently owned by institutional investors.

Key HubSpot News

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

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.