HubSpot (NYSE:HUBS) Stock Price Target Lowered at Truist Financial

HubSpot (NYSE:HUBS) had its price objective reduced by analysts at Truist Financial from $275.00 to $230.00 in a report released on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the software maker’s stock. Truist Financial‘s price target suggests a potential upside of 2.91% from the company’s previous close.

Several other brokerages have also commented on HUBS. KeyCorp lowered shares of HubSpot from an “overweight” rating to a “sector weight” rating in a research report on Thursday. TD Cowen lowered their price target on shares of HubSpot from $285.00 to $260.00 and set a “hold” rating on the stock in a report on Friday, September 18th. Citigroup upped their price objective on HubSpot from $210.00 to $287.00 and gave the company a “neutral” rating in a research note on Tuesday, October 27th. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price target on shares of HubSpot in a research note on Tuesday, October 6th. Finally, Canaccord Genuity Group cut their price target on HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Eight equities research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, HubSpot presently has an average rating of “Hold” and an average price target of $261.06.

HubSpot Stock Performance

Shares of HubSpot stock traded up $6.85 on Thursday, hitting $223.49. The company had a trading volume of 919,573 shares, compared to its average volume of 1,724,331. The stock has a 50 day moving average of $233.82 and a 200-day moving average of $230.93. HubSpot has a 1 year low of $169.63 and a 1 year high of $409.31. The stock has a market capitalization of $11.14 billion, a price-to-earnings ratio of 78.14, a P/E/G ratio of 2.30 and a beta of 1.14.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, beating the consensus estimate of $3.27 by $0.54. The business had revenue of $947.57 million for the quarter, compared to analysts’ expectations of $925.50 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The business’s revenue was up 17.1% on a year-over-year basis. During the same period last year, the business earned $2.66 EPS. Equities analysts anticipate that HubSpot will post 4.63 earnings per share for the current year.

Insider Activity at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the transaction, the director directly owned 59,500 shares of the company’s stock, valued at approximately $14,254,415. This trade represents a 12.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Gerald Dischler acquired 925 shares of the stock in a transaction dated Monday, August 10th. The stock was acquired at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the acquisition, the director owned 1,940 shares in the company, valued at approximately $418,904.20. The trade was a 91.13% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders sold 25,500 shares of company stock valued at $5,990,035. 3.70% of the stock is owned by insiders.

Hedge Funds Weigh In On HubSpot

Several institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in HubSpot during the second quarter valued at about $631,386,000. Pictet Asset Management Holding SA boosted its holdings in HubSpot by 2.0% during the 3rd quarter. Pictet Asset Management Holding SA now owns 1,689,478 shares of the software maker’s stock valued at $346,208,000 after acquiring an additional 33,728 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in HubSpot by 352.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after acquiring an additional 703,706 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in HubSpot during the 2nd quarter valued at about $112,671,000. Finally, Amundi grew its position in HubSpot by 33.4% during the 1st quarter. Amundi now owns 586,037 shares of the software maker’s stock worth $143,052,000 after acquiring an additional 146,871 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

More HubSpot News

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 adjusted EPS of $3.81 beat the roughly $3.27 consensus, while revenue of $947.6 million exceeded forecasts and rose 17.1% year over year. The company also raised its 2026 outlook. HubSpot Q3 Adjusted Earnings, Revenue Rise; Q4 Guidance Issued, 2026 Outlook Lifted
• Negative Sentiment: Q4 revenue guidance came in below market expectations, prompting concern that growth may be slowing despite the quarterly beat. An earnings-call summary also highlighted pressure on growth amid HubSpot’s AI shift. HubSpot dips after Q4 guidance comes up short of market expectations
• Negative Sentiment: Several firms cut ratings after the results. Cantor Fitzgerald moved to underweight and slashed its target to $170 from $265; Piper Sandler lowered its target to $200 and rated the stock neutral. BTIG and KeyCorp also downgraded HUBS, while Morgan Stanley shifted to equal weight. The revisions signal a more cautious analyst outlook. Cantor Fitzgerald stock recommendations

About HubSpot

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.