HubSpot (NYSE:HUBS) Stock Price Target Lowered at JPMorgan Chase & Co.

Key Points

• JPMorgan cut HubSpot’s price target from $240 to $224 and maintained a neutral rating; the new target implied 8.92% upside from the share price at the time.
• Analyst sentiment was broadly cautious: MarketBeat reported a consensus “Hold” rating and an average target of $257.23, with 23 analysts rating the stock Hold, eight Buy and three Sell.
• HubSpot beat quarterly estimates, reporting adjusted EPS of $3.81 versus $3.27 expected and revenue of $947.6 million, up 17.1% year over year. Shares fell $10.99 to $205.65 on Thursday.

HubSpot (NYSE:HUBS - Get Free Report) had its price target decreased by equities researchers at JPMorgan Chase & Co. from $240.00 to $224.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a "neutral" rating on the software maker's stock. JPMorgan Chase & Co.'s price objective suggests a potential upside of 8.92% from the stock's current price.

HUBS has been the topic of several other reports. Wolfe Research lowered shares of HubSpot from an "outperform" rating to a "peer perform" rating in a report on Thursday, August 6th. Royal Bank Of Canada decreased their price target on shares of HubSpot from $300.00 to $260.00 and set an "outperform" rating for the company in a report on Thursday. Bank of America restated an "underperform" rating and issued a $200.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. BTIG Research downgraded HubSpot from a "buy" rating to a "neutral" rating in a research note on Thursday. Finally, Oppenheimer lowered HubSpot from an "outperform" rating to a "market perform" rating in a report on Thursday, August 6th. Eight investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, HubSpot presently has a consensus rating of "Hold" and a consensus target price of $257.23.

HubSpot Price Performance

Shares of NYSE:HUBS traded down $10.99 during trading on Thursday, reaching $205.65. The stock had a trading volume of 3,372,474 shares, compared to its average volume of 1,738,510. The stock has a market capitalization of $10.25 billion, a PE ratio of 72.67, a P/E/G ratio of 2.30 and a beta of 1.14. HubSpot has a 52 week low of $169.63 and a 52 week high of $409.31. The business's 50-day moving average price is $233.82 and its 200 day moving average price is $230.93.

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 for the quarter, beating the consensus estimate of $3.27 by $0.54. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm had revenue of $947.57 million during the quarter, compared to analysts' expectations of $925.50 million. During the same quarter last year, the company posted $2.66 EPS. The company's quarterly revenue was up 17.1% compared to the same quarter last year. Analysts forecast that HubSpot will post 4.63 EPS for the current year.

Insider Transactions at HubSpot

In related news, 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 value of $2,036,345.00. Following the sale, the director directly owned 59,500 shares of the company's stock, valued at approximately $14,254,415. The trade was a 12.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Gerald Dischler bought 925 shares of HubSpot stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the completion of the purchase, the director owned 1,940 shares in the company, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 26,202 shares of company stock valued at $6,149,894 over the last quarter. Corporate insiders own 3.70% of the company's stock.

Institutional Trading of HubSpot

Hedge funds and other institutional investors have recently modified their holdings of the company. Assenagon Asset Management S.A. increased its holdings in shares of HubSpot by 135.3% during the second quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker's stock worth $41,397,000 after purchasing an additional 130,433 shares during the period. Oppenheimer Asset Management Inc. acquired a new stake in shares of HubSpot in the second quarter valued at approximately $1,366,000. Meeder Asset Management Inc. bought a new stake in shares of HubSpot in the second quarter valued at approximately $5,860,000. The Manufacturers Life Insurance Company boosted its stake in shares of HubSpot by 175.3% in the first quarter. The Manufacturers Life Insurance Company now owns 11,063 shares of the software maker's stock valued at $2,700,000 after buying an additional 7,044 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of HubSpot in the first quarter valued at approximately $41,434,000. Institutional investors and hedge funds own 90.39% of the company's stock.

Trending Headlines about HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Third-quarter results topped expectations: adjusted EPS was $3.81 versus a roughly $3.27 consensus, while revenue of $947.6 million exceeded estimates and grew 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
• Neutral Sentiment: Some analysts remain constructive despite reducing targets: RBC kept an “outperform” rating at $260, and Truist retained “buy” at $230. RBC recommendations
• Neutral Sentiment: Insider Erika Fisher sold 702 shares, worth about $159,900, reducing her direct stake by 5.19%. The sale is modest relative to her remaining holdings. SEC insider transaction filing
• Negative Sentiment: Fourth-quarter revenue guidance came in below market expectations, raising concern that growth may be slowing as HubSpot transitions toward outcome-based AI products. HubSpot dips after Q4 guidance comes up short of market expectations
• Negative Sentiment: Several firms cut ratings and price targets after results and guidance. Cantor Fitzgerald moved to “underweight” and lowered its target to $170; TD Cowen cut its target to $215 and rated the shares “hold.” Morgan Stanley, KeyCorp, BTIG and Piper Sandler also downgraded or moved to less bullish ratings. HubSpot receives multiple downgrades after Q3 results and guidance

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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