HubSpot (NYSE:HUBS) Downgraded by BTIG Research to Neutral

Key Points

• BTIG Research downgraded HubSpot from Buy to Neutral. Analyst sentiment is broadly cautious: MarketBeat reports a consensus Hold rating and a $262.52 average price target, with 23 analysts rating the stock Hold and three rating it Sell.
• HubSpot beat quarterly expectations, reporting adjusted earnings of $3.81 per share and revenue of $947.6 million, up 17.1% year over year. However, its Q4 revenue guidance fell short of market expectations, raising concerns about near-term growth.

HubSpot (NYSE:HUBS - Get Free Report) was downgraded by stock analysts at BTIG Research from a "buy" rating to a "neutral" rating in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports.

HUBS has been the subject of several other reports. Barclays downgraded HubSpot from an "overweight" rating to an "equal weight" rating and set a $240.00 target price for the company. in a report on Monday, October 12th. Cantor Fitzgerald cut HubSpot from a "neutral" rating to an "underweight" rating and dropped their price target for the stock from $265.00 to $170.00 in a research note on Thursday. Wolfe Research downgraded HubSpot from an "outperform" rating to a "peer perform" rating in a report on Thursday, August 6th. UBS Group lowered shares of HubSpot from a "neutral" rating to an "underweight" rating and set a $170.00 price objective for the company. in a research note on Thursday. Finally, Stephens raised their target price on shares of HubSpot from $251.00 to $255.00 and gave the stock an "equal weight" rating in a report on Monday, September 21st. Eight equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $262.52.

HubSpot Stock Performance

HubSpot stock opened at $217.16 on Thursday. The firm has a market cap of $10.83 billion, a price-to-earnings ratio of 76.74, a price-to-earnings-growth ratio of 2.30 and a beta of 1.14. HubSpot has a 1 year low of $169.63 and a 1 year high of $476.64. The firm's 50 day moving average price is $233.82 and its two-hundred day moving average price is $230.93.

HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 EPS for the quarter, beating analysts' consensus estimates of $3.27 by $0.54. The company had revenue of $947.57 million during the quarter, compared to the consensus estimate of $925.50 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The company's quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.66 EPS. As a group, equities analysts predict that HubSpot will post 4.63 EPS for the current fiscal year.

Insider Activity

In other HubSpot news, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the completion of 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gerald Dischler acquired 925 shares of HubSpot stock in a transaction on Monday, August 10th. The stock was acquired at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the purchase, the director owned 1,940 shares of the company's stock, valued at approximately $418,904.20. This represents a 91.13% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders sold 25,500 shares of company stock valued at $5,990,035. 3.70% of the stock is owned by corporate insiders.

Institutional Trading of HubSpot

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in HubSpot during the second quarter worth $631,386,000. Arrowstreet Capital Limited Partnership raised its position in shares of 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 purchasing an additional 703,706 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of HubSpot during the 2nd quarter worth about $112,671,000. Bank of America Corp DE bought a new stake in shares of HubSpot during the 2nd quarter worth about $70,174,000. Finally, Edmond DE Rothschild Holding S.A. bought a new stake in shares of HubSpot during the 2nd quarter worth about $64,616,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot News Summary

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 adjusted earnings were $3.81 per share, ahead of estimates, while revenue of $947.6 million also exceeded expectations and rose 17.1% year over year. HubSpot also raised its full-year 2026 outlook. HubSpot Q3 Adjusted Earnings, Revenue Rise; Q4 Guidance Issued, 2026 Outlook Lifted
• Negative Sentiment: Investors are focused on Q4 revenue guidance that fell short of market expectations, raising concern about near-term growth despite the quarterly beat. Coverage also points to pressure on growth amid HubSpot’s AI transition. HubSpot dips after Q4 guidance comes up short of market expectations HubSpot Q3 2026 Earnings Call Highlights
• Negative Sentiment: Three firms cut their ratings: Morgan Stanley moved to equal weight, KeyCorp to sector weight, and Cantor Fitzgerald to underweight. Cantor set a $170 price target, while Morgan Stanley’s $229 target is above the current share price; the overall wave of downgrades may nevertheless pressure the stock. Morgan Stanley rating KeyCorp rating Cantor Fitzgerald rating

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.

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