HubSpot (NYSE:HUBS) Given New $287.00 Price Target at Citigroup

Key Points

• Citigroup raised HubSpot’s price target from $210 to $287 while maintaining a “neutral” rating, implying 14.33% potential upside from the stock’s current price.
• Analyst sentiment remains cautious: HubSpot has a consensus “Hold” rating and an average price target of $271.32, based on 11 Buy, 21 Hold, and 2 Sell ratings.
• HubSpot shares fell 4.9% to $251.03 in Tuesday trading. The company recently beat quarterly earnings and revenue expectations, with revenue rising 19.8% year over year, while insiders have sold more than $6.1 million in shares over the past 90 days.

HubSpot (NYSE:HUBS - Get Free Report) had its price objective raised by equities research analysts at Citigroup from $210.00 to $287.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has a "neutral" rating on the software maker's stock. Citigroup's price objective indicates a potential upside of 14.33% from the company's current price.

A number of other equities research analysts have also recently issued reports on the company. Barclays cut HubSpot from an "overweight" rating to an "equal weight" rating and set a $240.00 price objective on the stock. in a research note on Monday, October 12th. Wolfe Research downgraded HubSpot from an "outperform" rating to a "peer perform" rating in a report on Thursday, August 6th. Royal Bank Of Canada reissued an "outperform" rating on shares of HubSpot in a research note on Tuesday, October 6th. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 target price on shares of HubSpot in a research note on Wednesday, October 7th. Finally, Stephens boosted 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. Eleven analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $271.32.

HubSpot Stock Down 4.9%

Shares of NYSE:HUBS traded down $12.96 during midday trading on Tuesday, reaching $251.03. The company had a trading volume of 688,376 shares, compared to its average volume of 1,735,682. The business's 50 day moving average price is $232.87 and its 200 day moving average price is $236.10. The stock has a market cap of $12.52 billion, a PE ratio of 88.70, a P/E/G ratio of 2.80 and a beta of 1.24. HubSpot has a 1-year low of $169.63 and a 1-year high of $497.96.

HubSpot (NYSE:HUBS - Get Free Report) last released its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The business had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. During the same quarter in the prior year, the company posted $2.19 earnings per share. HubSpot's revenue was up 19.8% on a year-over-year basis. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, research analysts expect that HubSpot will post 4.63 earnings per share for the current fiscal year.

Insider Buying and Selling at HubSpot

In other news, insider Erika Fisher sold 702 shares of the firm's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the sale, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Brian Halligan sold 8,500 shares of the firm's stock in a transaction dated 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 sale, the director owned 59,500 shares of the company's stock, valued at approximately $14,254,415. This represents a 12.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,202 shares of company stock worth $6,155,159 over the last ninety days. Insiders own 3.70% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. SYM FINANCIAL Corp bought a new stake in shares of HubSpot during the third quarter worth approximately $210,000. Park Avenue Securities LLC acquired a new position in shares of HubSpot in the third quarter valued at approximately $215,000. Access Investment Management LLC bought a new position in shares of HubSpot during the third quarter worth approximately $32,000. Signaturefd LLC increased its stake in shares of HubSpot by 28.7% during the third quarter. Signaturefd LLC now owns 1,689 shares of the software maker's stock worth $346,000 after purchasing an additional 377 shares during the period. Finally, Citizens Financial Group Inc. RI increased its stake in shares of HubSpot by 158.5% during the third quarter. Citizens Financial Group Inc. RI now owns 4,720 shares of the software maker's stock worth $968,000 after purchasing an additional 2,894 shares during the period. Institutional investors and hedge funds own 90.39% of the company's stock.

About HubSpot

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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