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.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wolfe Research upped their target price on HubSpot from $330.00 to $400.00 and gave the company an "outperform" rating in a research report on Monday. Mizuho cut their target price on HubSpot from $450.00 to $410.00 and set a "buy" rating on the stock in a research report on Friday, August 5th. Raymond James cut their target price on HubSpot from $500.00 to $440.00 and set a "strong-buy" rating on the stock in a research report on Friday, August 5th. KeyCorp cut their target price on HubSpot from $461.00 to $410.00 and set an "overweight" rating on the stock in a research report on Friday, July 22nd. Finally, Piper Sandler upped their price target on HubSpot from $350.00 to $415.00 and gave the stock an "overweight" rating in a research note on Friday, August 5th. Three investment 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's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $546.60.

HubSpot Stock Performance

Shares of HubSpot stock traded down $22.98 during trading hours on Thursday, reaching $384.09. The company had a trading volume of 783,800 shares, compared to its average volume of 805,297. The firm has a market cap of $18.44 billion, a PE ratio of -189.97 and a beta of 1.61. HubSpot has a one year low of $257.21 and a one year high of $866.00. The business has a fifty day simple moving average of $317.81 and a 200 day simple moving average of $394.89. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.31 and a quick ratio of 2.31.

Insider Activity at HubSpot

In other news, CTO Dharmesh Shah purchased 10,000 shares of the stock in a transaction on Tuesday, May 17th. The shares were acquired at an average price of $340.08 per share, for a total transaction of $3,400,800.00. Following the completion of the transaction, the chief technology officer now directly owns 1,511,447 shares of the company's stock, valued at approximately $514,012,895.76. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CTO Dharmesh Shah acquired 10,000 shares of the firm's stock in a transaction dated Tuesday, May 17th. The shares were purchased at an average price of $340.08 per share, for a total transaction of $3,400,800.00. Following the completion of the acquisition, the chief technology officer now owns 1,511,447 shares in the company, valued at $514,012,895.76. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, insider Brian Halligan sold 6,500 shares of HubSpot stock in a transaction that occurred on Tuesday, May 17th. The shares were sold at an average price of $350.30, for a total value of $2,276,950.00. Following the sale, the insider now directly owns 695,751 shares in the company, valued at $243,721,575.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,500 shares of company stock valued at $7,201,680. Company insiders own 5.60% of the company's stock.