Analysts’ Recent Ratings Updates for HubSpot (HUBS)

A number of research firms have changed their ratings and price targets for HubSpot (NYSE: HUBS):

  • 9/12/2022 – HubSpot had its price target lowered by analysts at Wolfe Research from $400.00 to $370.00. They now have an “outperform” rating on the stock.
  • 9/8/2022 – HubSpot had its price target lowered by analysts at Raymond James from $440.00 to $360.00. They now have a “strong-buy” rating on the stock.
  • 9/8/2022 – HubSpot had its price target lowered by analysts at Morgan Stanley from $436.00 to $405.00. They now have an “overweight” rating on the stock.
  • 9/8/2022 – HubSpot had its price target lowered by analysts at Stifel Nicolaus from $425.00 to $375.00. They now have a “buy” rating on the stock.
  • 8/8/2022 – HubSpot had its price target raised by analysts at Wolfe Research from $330.00 to $400.00. They now have an “outperform” rating on the stock.
  • 8/8/2022 – HubSpot had its price target raised by analysts at Oppenheimer Holdings Inc. from $350.00 to $425.00.
  • 8/5/2022 – HubSpot had its price target lowered by analysts at Raymond James from $500.00 to $440.00. They now have a “strong-buy” rating on the stock.
  • 8/5/2022 – HubSpot had its price target raised by analysts at Piper Sandler from $350.00 to $415.00. They now have an “overweight” rating on the stock.
  • 8/5/2022 – HubSpot had its price target lowered by analysts at Mizuho from $450.00 to $410.00. They now have a “buy” rating on the stock.
  • 8/2/2022 – HubSpot had its price target lowered by analysts at Wells Fargo & Company from $600.00 to $500.00. They now have an “overweight” rating on the stock.
  • 8/2/2022 – HubSpot had its price target lowered by analysts at UBS Group AG from $390.00 to $325.00. They now have a “neutral” rating on the stock.
  • 7/27/2022 – HubSpot had its “initiates” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
  • 7/26/2022 – HubSpot is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $350.00 price target on the stock.
  • 7/26/2022 – HubSpot had its price target lowered by analysts at Barclays PLC from $375.00 to $325.00. They now have an “equal weight” rating on the stock.

HubSpot Price Performance

HUBS opened at $273.31 on Friday. The stock has a fifty day simple moving average of $326.14 and a two-hundred day simple moving average of $359.60. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.52. The company has a market cap of $13.12 billion, a price-to-earnings ratio of -135.30 and a beta of 1.56. HubSpot, Inc. has a 12-month low of $257.21 and a 12-month high of $866.00.

HubSpot (NYSE:HUBSGet Rating) last posted its quarterly earnings data on Thursday, August 4th. The software maker reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.73) by ($0.16). The firm had revenue of $421.76 million during the quarter, compared to the consensus estimate of $409.67 million. HubSpot had a negative return on equity of 9.89% and a negative net margin of 6.28%. Research analysts predict that HubSpot, Inc. will post -2.13 earnings per share for the current fiscal year.

Insider Activity

In other 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 completion of the transaction, the insider now directly owns 675,066 shares in the company, valued at $188,478,427.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred 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 sale, the insider now owns 675,066 shares of the company’s stock, valued at approximately $188,478,427.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kathryn Bueker sold 200 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 36,577 shares in the company, valued at approximately $14,630,800. The disclosure for this sale can be found here. Insiders sold 17,200 shares of company stock worth $4,884,200 over the last three months. 5.60% of the stock is currently owned by corporate insiders.

Institutional Trading of HubSpot

Hedge funds have recently modified their holdings of the stock. Glassman Wealth Services increased its holdings in shares of HubSpot by 141.2% in the fourth quarter. Glassman Wealth Services now owns 41 shares of the software maker’s stock valued at $27,000 after purchasing an additional 24 shares during the last quarter. Arlington Partners LLC boosted its holdings in HubSpot by 63.9% in the first quarter. Arlington Partners LLC now owns 59 shares of the software maker’s stock valued at $28,000 after purchasing an additional 23 shares during the period. AdvisorNet Financial Inc boosted its holdings in HubSpot by 114.3% in the first quarter. AdvisorNet Financial Inc now owns 60 shares of the software maker’s stock valued at $28,000 after purchasing an additional 32 shares during the period. TimeScale Financial Inc. lifted its holdings in HubSpot by 240.0% during the 1st quarter. TimeScale Financial Inc. now owns 68 shares of the software maker’s stock worth $32,000 after buying an additional 48 shares during the last quarter. Finally, HM Payson & Co. lifted its holdings in HubSpot by 950.0% during the 4th quarter. HM Payson & Co. now owns 84 shares of the software maker’s stock worth $55,000 after buying an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 91.05% of the company’s stock.

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.

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