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 analysts have issued reports on the company. UBS Group cut their target price on HubSpot from $390.00 to $325.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 2nd. KeyCorp lowered their price objective on HubSpot from $461.00 to $410.00 and set an "overweight" rating for the company in a research note on Friday, July 22nd. Jefferies Financial Group reduced their price objective on HubSpot from $500.00 to $450.00 and set a "buy" rating for the company in a research report on Monday, May 23rd. JPMorgan Chase & Co. cut their price objective on shares of HubSpot from $675.00 to $550.00 in a research note on Friday, May 6th. Finally, Wolfe Research increased their price target on HubSpot from $330.00 to $400.00 and gave the company an "outperform" rating in a research note on Monday, August 8th. Three research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $546.60.

HubSpot Price Performance

NYSE:HUBS opened at $387.59 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.31 and a current ratio of 2.31. The stock has a market cap of $18.61 billion, a price-to-earnings ratio of -191.88 and a beta of 1.61. The business has a 50 day simple moving average of $318.69 and a 200 day simple moving average of $393.74. HubSpot has a 52-week low of $257.21 and a 52-week high of $866.00.

Insiders Place Their Bets

In other news, CFO Kathryn Bueker sold 200 shares of the business's stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $400.00, for a total value of $80,000.00. Following the sale, the chief financial officer now owns 36,577 shares of the company's stock, valued at $14,630,800. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CFO Kathryn Bueker sold 200 shares of HubSpot stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $400.00, for a total transaction of $80,000.00. Following the completion of the transaction, the chief financial officer now owns 36,577 shares in the company, valued at $14,630,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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 of the company's stock, valued at approximately $188,478,427.20. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,700 shares of company stock worth $7,281,680. Corporate insiders own 5.60% of the company's stock.