HubSpot (NYSE:HUBS) Stock Price Down 5.5% – Here’s Why

HubSpot, Inc. (NYSE:HUBS)’s stock price dropped 5.5% on Wednesday . The stock traded as low as $207.92 and last traded at $208.31. 869,316 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 1,828,350 shares. The stock had previously closed at $220.51.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HUBS. BNP Paribas Exane cut shares of HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price target on the stock. in a research report on Monday, May 11th. The Goldman Sachs Group set a $276.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. Piper Sandler downgraded HubSpot from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $250.00 to $220.00 in a research note on Thursday, August 6th. William Blair lowered HubSpot from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Finally, Morgan Stanley set a $287.00 price target on HubSpot in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, HubSpot has an average rating of “Hold” and an average target price of $268.90.

HubSpot Trading Down 5.5%

The firm’s 50 day simple moving average is $205.43 and its 200-day simple moving average is $227.58. The stock has a market capitalization of $10.39 billion, a price-to-earnings ratio of 73.64, a price-to-earnings-growth ratio of 2.27 and a beta of 1.19.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. The company had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, equities research analysts predict that HubSpot, Inc. will post 4.42 earnings per share for the current year.

Insider Buying and Selling at HubSpot

In other news, insider Erika Ashley Fisher sold 702 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total transaction of $165,124.44. Following the sale, the insider owned 14,581 shares in the company, valued at $3,429,742.82. This represents a 4.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Gerald Dischler acquired 925 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the acquisition, the director owned 1,940 shares in the company, valued at $418,904.20. The trade was a 91.13% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 26,202 shares of company stock worth $5,481,959 over the last ninety days. 3.70% of the stock is currently owned by corporate insiders.

Institutional Trading of HubSpot

A number of large investors have recently added to or reduced their stakes in HUBS. Geode Capital Management LLC increased its stake in HubSpot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock worth $388,917,000 after acquiring an additional 14,159 shares during the period. Assenagon Asset Management S.A. increased its position in shares of HubSpot by 135.3% in the second quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock worth $41,397,000 after purchasing an additional 130,433 shares during the period. Havemeyer Place LP acquired a new position in HubSpot in the fourth quarter valued at about $2,044,000. Slow Capital Inc. lifted its position in HubSpot by 35.9% during the fourth quarter. Slow Capital Inc. now owns 18,615 shares of the software maker’s stock worth $7,470,000 after purchasing an additional 4,913 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in HubSpot by 65.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,583 shares of the software maker’s stock worth $17,891,000 after buying an additional 17,713 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

About HubSpot

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.