HubSpot (NYSE:HUBS) Downgraded by Morgan Stanley to Equal Weight

Key Points

• Morgan Stanley downgraded HubSpot from Overweight to Equal Weight, maintaining a $229 price target, implying 5.45% upside from the prior close.
• Analyst sentiment overall is mixed: HubSpot has a consensus Hold rating and $264.77 average price target, with 9 Buy, 21 Hold, and 4 Sell ratings.
• HubSpot beat Q3 earnings and revenue estimates, but its Q4 revenue guidance fell short of market expectations, raising concerns about slowing growth.

HubSpot (NYSE:HUBS - Get Free Report) was downgraded by stock analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating in a report issued on Thursday, Briefing.com reports. They currently have a $229.00 price target on the software maker's stock. Morgan Stanley's price objective suggests a potential upside of 5.45% from the company's previous close.

Several other analysts have also weighed in on the stock. JPMorgan Chase & Co. lowered shares of HubSpot from an "overweight" rating to a "neutral" rating and lowered their target price for the company from $268.00 to $240.00 in a research note on Thursday, October 8th. BMO Capital Markets raised their price target on shares of HubSpot from $215.00 to $250.00 and gave the stock a "market perform" rating in a research report on Monday, September 21st. Stifel Nicolaus lifted their price target on shares of HubSpot from $200.00 to $225.00 and gave the company a "hold" rating in a report on Friday, September 11th. Canaccord Genuity Group lowered their price objective on shares of HubSpot from $335.00 to $300.00 and set a "buy" rating for the company in a research report on Thursday, August 6th. Finally, Weiss Ratings raised shares of HubSpot from a "sell (d)" rating to a "sell (d+)" rating in a research report on Friday, October 2nd. Nine research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, HubSpot has an average rating of "Hold" and a consensus price target of $264.77.

HubSpot Trading Down 4.0%

Shares of HUBS stock opened at $217.16 on Thursday. The firm has a fifty day simple moving average of $233.82 and a 200-day simple moving average of $230.93. The company has a market capitalization of $10.83 billion, a PE ratio of 76.74, a price-to-earnings-growth ratio of 2.30 and a beta of 1.14. HubSpot has a twelve month low of $169.63 and a twelve month high of $476.64.

HubSpot (NYSE:HUBS - Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.27 by $0.54. The company had revenue of $947.57 million for 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%. HubSpot's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.66 EPS. Equities research analysts predict that HubSpot will post 4.63 EPS for the current year.

Insider Buying and Selling at HubSpot

In other news, Director Gerald Dischler purchased 925 shares of HubSpot stock in a transaction dated Monday, August 10th. The stock was bought at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the acquisition, the director owned 1,940 shares in the company, valued at $418,904.20. The trade was a 91.13% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the business's stock in a transaction 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 25,500 shares of company stock worth $5,990,035 over the last ninety days. 3.70% of the stock is owned by corporate insiders.

Institutional Trading of HubSpot

A number of large investors have recently modified their holdings of the company. Access Investment Management LLC acquired a new position in HubSpot during the 3rd quarter valued at about $32,000. Elevation Wealth Partners LLC grew its position in HubSpot by 66.7% in the 3rd 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 last quarter. Global Retirement Partners LLC bought a new position in HubSpot in the 2nd quarter worth about $38,000. Provenance Wealth Advisors LLC grew its position in 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 during the last quarter. Finally, Oslo Pensjonsforsikring AS acquired a new stake in shares of HubSpot in the first quarter valued at approximately $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 earnings were $3.81 per share, above analyst estimates of about $3.27, and up from $2.66 a year earlier. Revenue of $947.57 million also topped estimates of $925.50 million. HubSpot Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: HubSpot raised its 2026 outlook, providing some support alongside the quarterly beat. HubSpot Q3 Earnings, Revenue Rise; Q4 Guidance Issued, 2026 Outlook Lifted
• Negative Sentiment: Q4 revenue guidance missed market expectations, weighing on the results’ otherwise positive headline numbers. Coverage also characterized the quarter as showing a growth slowdown, making the forward outlook a likely focus for investors. HubSpot Dips After Q4 Guidance Comes Up Short

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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