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.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on HUBS shares. Mizuho decreased their target price on shares of HubSpot from $450.00 to $410.00 and set a "buy" rating for the company in a research note on Friday, August 5th. Wells Fargo & Company decreased their target price on shares of HubSpot from $600.00 to $500.00 and set an "overweight" rating for the company in a research note on Tuesday, August 2nd. Needham & Company LLC decreased their target price on shares of HubSpot from $700.00 to $500.00 in a research note on Friday, May 6th. Jefferies Financial Group decreased their target price on shares of HubSpot from $500.00 to $450.00 and set a "buy" rating for the company in a research note on Monday, May 23rd. Finally, UBS Group decreased their target price on shares of HubSpot from $390.00 to $325.00 and set a "neutral" rating for the company in a research note on Tuesday, August 2nd. Three analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $546.60.

HubSpot Price Performance

HUBS opened at $387.59 on Friday. The business has a fifty day moving average of $318.69 and a 200 day moving average of $393.99. HubSpot has a 52-week low of $257.21 and a 52-week high of $866.00. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.52. The stock has a market cap of $18.61 billion, a P/E ratio of -191.88 and a beta of 1.61.

Insider Activity at HubSpot

In related news, insider Brian Halligan sold 6,500 shares of the business's stock in a transaction on Tuesday, May 17th. The stock was sold at an average price of $350.30, for a total transaction of $2,276,950.00. Following the completion of the transaction, the insider now owns 695,751 shares in the company, valued at approximately $243,721,575.30. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other HubSpot news, CFO Kathryn Bueker sold 200 shares of the company's stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $400.00, for a total value of $80,000.00. Following the completion of the sale, the chief financial officer now directly owns 36,577 shares in the company, valued at approximately $14,630,800. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Brian Halligan sold 6,500 shares of the company's stock in a transaction on Tuesday, May 17th. The stock was sold at an average price of $350.30, for a total value of $2,276,950.00. Following the completion of the sale, the insider now owns 695,751 shares of the company's stock, valued at $243,721,575.30. The disclosure for this sale can be found here. Insiders sold a total of 23,700 shares of company stock worth $7,281,680 in the last quarter. 5.60% of the stock is owned by company insiders.