HubSpot (NYSE:HUBS) Shares Gap Up – Should You Buy?

HubSpot, Inc. (NYSE:HUBS)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $208.51, but opened at $217.49. HubSpot shares last traded at $222.6340, with a volume of 429,734 shares.

Analyst Upgrades and Downgrades

HUBS has been the topic of a number of recent research reports. Wells Fargo & Company reduced their price target on shares of HubSpot from $350.00 to $300.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. The Goldman Sachs Group restated a “buy” rating and issued a $382.00 price target on shares of HubSpot in a research report on Friday, May 8th. Bank of America restated an “underperform” rating and issued a $180.00 price target (down from $300.00) on shares of HubSpot in a research report on Friday, May 8th. Piper Sandler reduced their price target on shares of HubSpot from $260.00 to $250.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. reduced their price target on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Twenty-two research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $311.00.

HubSpot Trading Down 2.3%

The stock has a market capitalization of $10.42 billion, a P/E ratio of 106.52, a P/E/G ratio of 2.25 and a beta of 1.23. The company’s 50-day moving average is $229.18 and its two-hundred day moving average is $300.48.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.25. The firm had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. HubSpot’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the firm posted $1.84 EPS. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Sell-side analysts expect that HubSpot, Inc. will post 4.44 EPS for the current fiscal year.

Insider Transactions at HubSpot

In related news, CEO Yamini Rangan bought 2,750 shares of the stock in a transaction on Tuesday, May 12th. The shares were purchased at an average price of $189.84 per share, with a total value of $522,060.00. Following the purchase, the chief executive officer owned 102,982 shares in the company, valued at approximately $19,550,102.88. This represents a 2.74% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lorrie M. Norrington bought 1,313 shares of the stock in a transaction on Monday, May 11th. The shares were bought at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the purchase, the director owned 2,838 shares in the company, valued at $540,411.96. This trade represents a 86.10% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 17,707 shares worth $4,363,049. 4.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On HubSpot

Several hedge funds have recently made changes to their positions in HUBS. Thrivent Financial for Lutherans raised its position in shares of HubSpot by 23.7% in the third quarter. Thrivent Financial for Lutherans now owns 23,789 shares of the software maker’s stock valued at $11,128,000 after purchasing an additional 4,559 shares during the period. Rakuten Investment Management Inc. bought a new position in shares of HubSpot in the third quarter valued at approximately $48,548,000. OFI Invest Asset Management raised its position in shares of HubSpot by 130.2% in the fourth quarter. OFI Invest Asset Management now owns 99,622 shares of the software maker’s stock valued at $39,978,000 after purchasing an additional 56,348 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of HubSpot by 20.8% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 38,924 shares of the software maker’s stock valued at $18,209,000 after purchasing an additional 6,709 shares during the period. Finally, Strs Ohio raised its position in shares of HubSpot by 176.5% in the third quarter. Strs Ohio now owns 52,816 shares of the software maker’s stock valued at $24,707,000 after purchasing an additional 33,712 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Company Profile

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.