HubSpot (NYSE:HUBS) Shares Gap Up – Still a Buy?

HubSpot, Inc. (NYSE:HUBS)’s share price gapped up before the market opened on Monday . The stock had previously closed at $225.33, but opened at $235.81. HubSpot shares last traded at $241.1510, with a volume of 138,738 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have commented on HUBS. Wells Fargo & Company downgraded shares of HubSpot from an “overweight” rating to a “neutral” rating in a report on Thursday, August 6th. Morgan Stanley set a $287.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. Capital One Financial set a $206.00 target price on shares of HubSpot and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Wolfe Research downgraded shares of HubSpot from an “outperform” rating to a “peer perform” rating in a report on Thursday, August 6th. Finally, Stephens lowered shares of HubSpot from an “overweight” rating to a “hold” rating and set a $251.00 price target on the stock. in a research note on Thursday, August 6th. Fifteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, HubSpot currently has an average rating of “Hold” and an average target price of $271.90.

HubSpot Stock Performance

The stock has a market capitalization of $12.09 billion, a price-to-earnings ratio of 85.66, a price-to-earnings-growth ratio of 2.70 and a beta of 1.18. The business has a fifty day simple moving average of $230.43 and a 200 day simple moving average of $224.47.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share 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 return on equity of 8.66% and a net margin of 4.26%.The company’s revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.19 earnings per share. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, sell-side analysts forecast that HubSpot, Inc. will post 4.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $219.50, for a total value of $1,865,750.00. Following the completion of the sale, the director owned 76,500 shares of the company’s stock, valued at $16,791,750. The trade was a 10.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Gerald Dischler bought 925 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were acquired at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the transaction, the director owned 1,940 shares in the company, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 17,702 shares of company stock worth $3,910,139 in the last quarter. 3.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On HubSpot

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in HubSpot in the 2nd quarter valued at $631,386,000. Pictet Asset Management Holding SA grew its holdings in shares of HubSpot by 13.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock worth $533,993,000 after purchasing an additional 252,604 shares in the last quarter. Geode Capital Management LLC increased its position in shares of HubSpot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock worth $388,917,000 after purchasing an additional 14,159 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of HubSpot by 352.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares during the period. Finally, Capital World Investors acquired a new position in HubSpot in the fourth quarter valued at about $259,930,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Company Profile

HubSpot, Inc develops cloud-based customer relationship management (CRM) and marketing software for businesses. Its platform is designed to help organizations attract prospects, manage customer interactions, close sales and provide ongoing service through an integrated set of tools.

The company’s products include Marketing Hub, Sales Hub, Service Hub, Content Hub, Operations Hub and Commerce Hub. These offerings support marketing automation, sales engagement, customer support, content management, data integration, payments and other commercial activities.