HubSpot's (HUBS) "Outperform" Rating Reaffirmed at Royal Bank Of Canada

Key Points

• Royal Bank of Canada reaffirmed its “Outperform” rating on HubSpot and maintained a $300 price target, implying 32.47% upside from the prior close.
• Analyst sentiment is mixed: HubSpot has a consensus “Hold” rating from 33 analysts, with an average price target of $271.90.
• HubSpot exceeded quarterly expectations, reporting $3.26 adjusted EPS versus $3.02 expected and revenue of $911.74 million, up 19.8% year over year.

HubSpot (NYSE:HUBS - Get Free Report)'s stock had its "outperform" rating reaffirmed by investment analysts at Royal Bank Of Canada in a note issued to investors on Friday, Benzinga reports. They currently have a $300.00 target price on the software maker's stock. Royal Bank Of Canada's target price would indicate a potential upside of 32.47% from the company's previous close.

HUBS has been the topic of several other reports. Oppenheimer downgraded shares of HubSpot from an "outperform" rating to a "market perform" rating in a research note on Thursday, August 6th. Wells Fargo & Company lowered shares of HubSpot from an "overweight" rating to a "neutral" rating in a report on Thursday, August 6th. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 target price on shares of HubSpot in a research note on Thursday, August 6th. Barclays reduced their price objective on shares of HubSpot from $270.00 to $240.00 and set an "overweight" rating on the stock in a research report on Thursday, August 6th. Finally, Zacks Research cut shares of HubSpot from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 12th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $271.90.

HubSpot Trading Up 1.3%

Shares of NYSE HUBS opened at $226.47 on Friday. The business has a 50-day moving average of $227.88 and a 200-day moving average of $224.30. The firm has a market capitalization of $11.29 billion, a price-to-earnings ratio of 80.27, a PEG ratio of 2.48 and a beta of 1.18. HubSpot has a 12 month low of $169.63 and a 12 month high of $525.51.

HubSpot (NYSE:HUBS - Get Free Report) last announced its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating analysts' consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. During the same period last year, the firm posted $2.19 earnings per share. HubSpot's quarterly 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, analysts predict that HubSpot will post 4.55 earnings per share for the current year.

Insider Transactions at HubSpot

In related news, insider Erika Fisher sold 702 shares of the company's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the transaction, the insider owned 14,581 shares in the company, valued at $3,429,742.82. The trade was a 4.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gerald Dischler acquired 925 shares of the business's stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the transaction, the director directly owned 1,940 shares in the company, valued at $418,904.20. The trade was a 91.13% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 26,202 shares of company stock valued at $5,477,709 in the last quarter. 3.70% of the stock is owned by insiders.

Institutional Investors Weigh In On HubSpot

A number of institutional investors have recently made changes to their positions in HUBS. Rakuten Securities Inc. lifted its position in HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker's stock valued at $30,000 after acquiring an additional 47 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of HubSpot in the 3rd quarter worth $25,000. Osterweis Capital Management Inc. purchased a new position in shares of HubSpot in the second quarter worth $34,000. Cary Street Partners Investment Advisory LLC purchased a new position in shares of HubSpot in the fourth quarter worth $33,000. Finally, Larson Financial Group LLC lifted its holdings in shares of HubSpot by 378.9% during the fourth quarter. Larson Financial Group LLC now owns 91 shares of the software maker's stock valued at $37,000 after purchasing an additional 72 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.