HubSpot - HUBS Stock Forecast, Price & News

HubSpot, Inc. provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes marketing, sales, service, and content management systems, as well as integrated applications, such as search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting. It also offers professional services to educate and train customers on how to leverage its CRM platform, as well as phone and/or email and chat-based support services. The company serves mid-market business-to-business companies. HubSpot, Inc. was incorporated in 2005 and is headquartered in Cambridge, Massachusetts.

HubSpot Stock Performance

Shares of NYSE:HUBS traded down $20.51 on Tuesday, hitting $364.71. The company's stock had a trading volume of 551,055 shares, compared to its average volume of 801,303. HubSpot has a 12 month low of $257.21 and a 12 month high of $866.00. The company has a market capitalization of $17.51 billion, a price-to-earnings ratio of -180.55 and a beta of 1.61. The stock's 50-day moving average is $316.57 and its two-hundred day moving average is $394.80. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.31 and a current ratio of 2.31.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Piper Sandler boosted their target price on HubSpot from $350.00 to $415.00 and gave the stock an "overweight" rating in a research report on Friday. UBS Group lowered their price target on HubSpot from $390.00 to $325.00 and set a "neutral" rating on the stock in a report on Tuesday, August 2nd. Mizuho lowered their price target on HubSpot from $450.00 to $410.00 and set a "buy" rating on the stock in a report on Friday. Cowen reduced their target price on HubSpot from $750.00 to $700.00 in a research note on Thursday, April 21st. Finally, Raymond James reduced their target price on HubSpot from $500.00 to $440.00 and set a "strong-buy" rating on the stock in a research note on Friday. Three research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $546.60.

Insider Transactions at HubSpot

In other news, insider Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, July 19th. The stock was sold at an average price of $279.20, for a total value of $2,373,200.00. Following the completion of the transaction, the insider now owns 675,066 shares of the company's stock, valued at $188,478,427.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Brian Halligan sold 8,500 shares of the company's stock in a transaction on Tuesday, July 19th. The stock was sold at an average price of $279.20, for a total value of $2,373,200.00. Following the completion of the sale, the insider now owns 675,066 shares in the company, valued at $188,478,427.20. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Dharmesh Shah acquired 10,000 shares of the business's stock in a transaction dated Tuesday, May 17th. The stock was purchased at an average price of $340.08 per share, with a total value of $3,400,800.00. Following the acquisition, the chief technology officer now owns 1,511,447 shares of the company's stock, valued at $514,012,895.76. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 23,500 shares of company stock valued at $7,201,680. 5.60% of the stock is currently owned by corporate insiders.