HubSpot (NYSE:HUBS) Receives Buy Rating from BTIG Research

Key Points

• BTIG Research reiterated a “Buy” rating on HubSpot and set a $250 price target, implying 8.81% upside from the prior close.
• Analyst sentiment is mixed: HubSpot has a consensus rating of “Hold” from 33 analysts, with a consensus price target of $271.90.
• HubSpot exceeded quarterly expectations, reporting $3.26 EPS versus $3.02 expected and $911.74 million in revenue, up 19.8% year over year.

HubSpot (NYSE:HUBS - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at BTIG Research in a note issued to investors on Friday, Benzinga reports. They currently have a $250.00 price target on the software maker's stock. BTIG Research's price objective suggests a potential upside of 8.81% from the stock's previous close.

Several other research analysts also recently weighed in on HUBS. Piper Sandler downgraded shares of HubSpot from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $250.00 to $220.00 in a research report on Thursday, August 6th. Royal Bank Of Canada restated an "outperform" rating and issued a $300.00 price objective on shares of HubSpot in a research note on Friday, September 11th. Capital One Financial set a $206.00 target price on HubSpot and gave the stock an "equal weight" rating in a report on Thursday, August 6th. Barclays lowered their target price on HubSpot from $270.00 to $240.00 and set an "overweight" rating on the stock in a research report on Thursday, August 6th. Finally, Stephens lowered HubSpot from an "overweight" rating to a "hold" rating and set a $251.00 price target for the company. in a report on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, HubSpot presently has a consensus rating of "Hold" and a consensus price target of $271.90.

HubSpot Stock Performance

HubSpot stock opened at $229.76 on Friday. HubSpot has a one year low of $169.63 and a one year high of $525.51. The stock has a fifty day moving average of $231.66 and a 200 day moving average of $224.00. The stock has a market cap of $11.46 billion, a PE ratio of 81.19, a price-to-earnings-growth ratio of 2.55 and a beta of 1.18.

HubSpot (NYSE:HUBS - Get Free Report) last announced 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 analysts' expectations of $898.31 million. During the same period last year, the firm posted $2.19 earnings per share. The business's revenue for the quarter 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. As a group, sell-side analysts predict that HubSpot will post 4.56 EPS for the current fiscal year.

Insider Transactions at HubSpot

In other HubSpot news, Director Gerald Dischler bought 925 shares of the business's stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the transaction, the director owned 1,940 shares of the company's stock, valued at $418,904.20. This trade represents a 91.13% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Erika Fisher sold 702 shares of HubSpot stock in a transaction that occurred 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 sale, the insider directly owned 14,581 shares in the company, valued at $3,429,742.82. This trade represents a 4.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,202 shares of company stock valued at $5,998,079 over the last 90 days. Company insiders own 3.70% of the company's stock.

Hedge Funds Weigh In On HubSpot

Several hedge funds have recently modified their holdings of the stock. Tidal Investments LLC grew its stake in HubSpot by 13.0% during the second quarter. Tidal Investments LLC now owns 6,307 shares of the software maker's stock valued at $1,151,000 after acquiring an additional 726 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in HubSpot in the 2nd quarter worth $234,000. Engineers Gate Manager LP boosted its holdings in shares of HubSpot by 58.8% during the 2nd quarter. Engineers Gate Manager LP now owns 68,704 shares of the software maker's stock valued at $12,539,000 after purchasing an additional 25,441 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of HubSpot by 5.1% during the 2nd quarter. NewEdge Advisors LLC now owns 6,532 shares of the software maker's stock valued at $1,192,000 after purchasing an additional 317 shares during the last quarter. Finally, Allworth Financial LP grew its position in shares of HubSpot by 21.6% during the second quarter. Allworth Financial LP now owns 1,594 shares of the software maker's stock valued at $291,000 after purchasing an additional 283 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company's stock.

HubSpot Company Profile

HubSpot, Inc develops cloud-based customer relationship management (CRM) and marketing software for businesses. Its platform is designed to help organizations attract prospects, manage customer interactions, close sales and provide ongoing service through an integrated set of tools.

The company's products include Marketing Hub, Sales Hub, Service Hub, Content Hub, Operations Hub and Commerce Hub. These offerings support marketing automation, sales engagement, customer support, content management, data integration, payments and other commercial activities.

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