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 Down 0.6 %

NYSE:HUBS traded down $2.23 during trading hours on Thursday, hitting $363.22. 349,294 shares of the company traded hands, compared to its average volume of 792,768. HubSpot has a twelve month low of $257.21 and a twelve month high of $866.00. The stock has a market capitalization of $17.44 billion, a price-to-earnings ratio of -180.48 and a beta of 1.61. The business's 50-day moving average is $319.63 and its 200-day moving average is $392.74. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.31 and a current ratio of 2.31.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Barclays lowered their price objective on HubSpot from $375.00 to $325.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 26th. Scotiabank assumed coverage on HubSpot in a research report on Thursday, June 9th. They set an "outperform" rating and a $550.00 price objective on the stock. The Goldman Sachs Group lowered their price objective on HubSpot from $617.00 to $444.00 and set a "buy" rating on the stock in a research report on Thursday, July 14th. JPMorgan Chase & Co. decreased their price target on HubSpot from $675.00 to $550.00 in a research note on Friday, May 6th. Finally, KeyCorp decreased their price target on HubSpot from $461.00 to $410.00 and set an "overweight" rating on the stock in a research note on Friday, July 22nd. Three research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, HubSpot presently has an average rating of "Moderate Buy" and an average price target of $546.60.

Insider Transactions at HubSpot

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the firm's stock in a transaction on Tuesday, July 19th. The stock was sold at an average price of $279.20, for a total transaction of $2,373,200.00. Following the transaction, the insider now owns 675,066 shares in the company, valued at approximately $188,478,427.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CFO Kathryn Bueker sold 200 shares of the firm's stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $400.00, for a total transaction of $80,000.00. Following the sale, the chief financial officer now owns 36,577 shares of the company's stock, valued at approximately $14,630,800. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the firm's stock in a transaction on Tuesday, July 19th. The shares were sold at an average price of $279.20, for a total value of $2,373,200.00. Following the sale, the insider now directly owns 675,066 shares in the company, valued at approximately $188,478,427.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 17,200 shares of company stock worth $5,004,730. Company insiders own 5.60% of the company's stock.