HubSpot (NYSE:HUBS) Downgraded by Citigroup to “Neutral”

Citigroup cut shares of HubSpot (NYSE:HUBS) from a buy rating to a neutral rating in a research note published on Friday morning, MarketBeat.com reports. Citigroup currently has $230.00 target price on the software maker’s stock, down from their prior target price of $321.00.

HUBS has been the topic of a number of other reports. Barclays decreased their price objective on HubSpot from $525.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Stifel Nicolaus decreased their price objective on HubSpot from $375.00 to $325.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. The Goldman Sachs Group decreased their price objective on HubSpot from $517.00 to $442.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Wells Fargo & Company decreased their price objective on HubSpot from $600.00 to $350.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Finally, UBS Group reduced their price target on HubSpot from $325.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Twenty-two research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.85.

HubSpot Stock Performance

Shares of HUBS opened at $196.87 on Friday. The firm has a market capitalization of $10.13 billion, a price-to-earnings ratio of 103.07, a PEG ratio of 3.33 and a beta of 1.23. The business’s fifty day moving average price is $243.61 and its two-hundred day moving average price is $317.94. HubSpot has a 52 week low of $180.50 and a 52 week high of $682.57.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The firm had revenue of $881.00 million for the quarter, compared to analyst estimates of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The business’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the company earned $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. As a group, research analysts forecast that HubSpot will post 3.66 EPS for the current year.

Insider Buying and Selling at HubSpot

In other news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $262.75, for a total value of $2,233,375.00. Following the transaction, the director directly owned 370,558 shares in the company, valued at $97,364,114.50. This trade represents a 2.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Erika Ashley Fisher sold 915 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $236.66, for a total value of $216,543.90. Following the completion of the transaction, the insider owned 16,270 shares in the company, valued at $3,850,458.20. This represents a 5.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 25,968 shares of company stock worth $6,453,082 over the last 90 days. 4.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp lifted its holdings in HubSpot by 2.5% during the third quarter. Fifth Third Bancorp now owns 1,076 shares of the software maker’s stock worth $503,000 after acquiring an additional 26 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in HubSpot by 5.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 522 shares of the software maker’s stock worth $244,000 after acquiring an additional 28 shares in the last quarter. Bessemer Group Inc. lifted its holdings in HubSpot by 9.1% during the third quarter. Bessemer Group Inc. now owns 335 shares of the software maker’s stock worth $156,000 after acquiring an additional 28 shares in the last quarter. National Bank of Canada FI lifted its holdings in HubSpot by 8.6% during the third quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock worth $177,000 after acquiring an additional 30 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in HubSpot by 80.5% during the third quarter. Westside Investment Management Inc. now owns 74 shares of the software maker’s stock worth $33,000 after acquiring an additional 33 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

HubSpot News Summary

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot beat Q1 estimates, with EPS of $2.72 versus $2.47 expected and revenue of $881 million versus $863.3 million expected, while revenue rose 23.4% year over year. HubSpot Reports Strong Q1 2026 Results
• Positive Sentiment: The company also raised guidance, projecting Q2 EPS of $3.00-$3.02 and FY2026 EPS of $13.04-$13.12, both above analyst expectations, which supports the long-term growth thesis. HubSpot (HUBS) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Several firms still maintain bullish ratings despite cutting price targets, including JPMorgan, RBC, Wells Fargo, Mizuho, Morgan Stanley and Piper Sandler, signaling Wall Street still sees upside from current levels. Analyst price target updates

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.