Citigroup Lowers HubSpot (NYSE:HUBS) Price Target to $210.00

Key Points

• Citigroup lowered HubSpot’s price target from $217 to $210 while maintaining a “buy” rating, implying virtually no upside from the stock’s $209.96 closing price. The broader analyst consensus is “hold,” with an average target of $268.90.
• HubSpot exceeded second-quarter expectations, reporting adjusted EPS of $3.26 versus $3.02 expected and revenue of $911.7 million, up 19.8% year over year.
• Forward guidance remains a concern: third-quarter revenue guidance of approximately $924–$925 million fell short of the $941.2 million consensus, prompting several analysts to lower targets or downgrade the stock amid concerns about slowing growth and customer budget pressures.

HubSpot (NYSE:HUBS - Get Free Report) had its target price cut by research analysts at Citigroup from $217.00 to $210.00 in a report released on Friday,Benzinga reports. The firm presently has a "buy" rating on the software maker's stock. Citigroup's price objective indicates a potential upside of 0.02% from the stock's current price.

Several other brokerages also recently commented on HUBS. KeyCorp cut their target price on HubSpot from $290.00 to $285.00 and set an "overweight" rating on the stock in a report on Thursday. Raymond James Financial reissued an "outperform" rating and set a $250.00 target price on shares of HubSpot in a research note on Friday, May 8th. Bank of America reiterated an "underperform" rating and issued a $200.00 price target on shares of HubSpot in a report on Thursday. Piper Sandler cut shares of HubSpot from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $250.00 to $220.00 in a report on Thursday. Finally, Oppenheimer cut HubSpot from an "outperform" rating to a "market perform" rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $268.90.

HubSpot Trading Up 3.7%

NYSE:HUBS traded up $7.53 on Friday, hitting $209.96. The company had a trading volume of 3,363,921 shares, compared to its average volume of 1,836,701. The firm has a 50 day moving average of $206.96 and a two-hundred day moving average of $229.50. The stock has a market capitalization of $10.75 billion, a price-to-earnings ratio of 74.19, a PEG ratio of 2.73 and a beta of 1.19. HubSpot has a 52 week low of $169.63 and a 52 week high of $525.51.

HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating analysts' consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.32% and a net margin of 4.26%.The company had revenue of $911.74 million during the quarter, compared to analysts' expectations of $898.31 million. During the same period in the prior year, the company earned $2.19 EPS. HubSpot's revenue was up 19.8% compared to the same quarter last year. 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, equities analysts forecast that HubSpot will post 4.39 EPS for the current year.

Insiders Place Their Bets

In other HubSpot news, Director Lorrie M. Norrington acquired 1,313 shares of the company's stock in a transaction on Monday, May 11th. The shares were acquired at an average cost of $190.42 per share, with a total value of $250,021.46. Following the completion of the acquisition, the director directly owned 2,838 shares in the company, valued at $540,411.96. This trade represents a 86.10% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Erika Ashley Fisher sold 702 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the sale, the insider owned 14,581 shares in the company, valued at $3,429,742.82. The trade was a 4.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 26,202 shares worth $5,481,959. 3.70% of the stock is currently owned by insiders.

Institutional Trading of HubSpot

Several institutional investors and hedge funds have recently bought and sold shares of HUBS. Empowered Funds LLC raised its stake in HubSpot by 88.5% in the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker's stock valued at $897,000 after purchasing an additional 737 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of HubSpot by 12.1% in the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker's stock worth $2,665,000 after purchasing an additional 516 shares during the last quarter. Treasurer of the State of North Carolina increased its position in shares of HubSpot by 4.7% in the second quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker's stock valued at $13,222,000 after acquiring an additional 1,077 shares during the period. Osterweis Capital Management Inc. purchased a new position in HubSpot during the 2nd quarter valued at about $34,000. Finally, Alliancebernstein L.P. increased its stake in shares of HubSpot by 35.0% during the second quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker's stock valued at $209,335,000 after buying an additional 97,469 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Key HubSpot News

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot’s second-quarter results exceeded expectations: adjusted EPS was $3.26 versus the $3.02 consensus, while revenue reached $911.7 million, up 19.8% year over year and ahead of estimates. Customer additions, subscription growth and demand for AI-powered CRM tools supported the quarter. HubSpot Q2 Earnings Beat Estimates
• Positive Sentiment: KeyCorp retained an “overweight” rating with a $285 target, and BTIG maintained a “buy” rating with a $250 target. These analysts see substantial upside if HubSpot converts its AI investments into sustained growth and margin expansion.
• Neutral Sentiment: Management is expanding AI product trials and lowering entry prices to accelerate adoption. The initiatives could strengthen long-term demand, but longer sales cycles and tighter customer software budgets are creating near-term pressure. HUBS Q2 Earnings Call Highlights
• Neutral Sentiment: Jerry Dischler, an experienced AI and digital advertising executive, joined HubSpot’s board, potentially adding strategic expertise as the company develops its AI platform. A director’s sale of 702 shares was relatively small but adds limited insider-selling noise.
• Negative Sentiment: Third-quarter revenue guidance of approximately $924 million-$925 million was below the $941.2 million analyst consensus. The shortfall overshadowed the earnings beat and fueled fears that HubSpot’s growth is slowing as customers delay or scrutinize technology purchases. HubSpot Guidance Report
• Negative Sentiment: Analysts including Stifel, TD Cowen and Piper Sandler downgraded or lowered price targets, citing slower net additions, execution risks and a transition from a premium growth valuation toward a more value-oriented profile.
• Negative Sentiment: Block & Leviton announced an investigation into possible securities-law violations following the sharp decline. The announcement creates headline and legal risk, although it does not establish wrongdoing by HubSpot. HubSpot Investigation Announcement

About HubSpot

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company's product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.

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.

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