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

HubSpot, Inc. (NYSE:HUBS)’s share price gapped up before the market opened 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 changing hands.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. UBS Group lowered their price objective on shares of HubSpot from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. KeyCorp lowered their target price on HubSpot from $340.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Needham & Company LLC lowered their target price on HubSpot from $700.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Citigroup downgraded HubSpot from a “buy” rating to a “neutral” rating and lowered their target price for the company from $321.00 to $230.00 in a report on Friday, May 8th. Finally, Oppenheimer lowered their target price on HubSpot from $550.00 to $350.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. 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’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $311.00.

HubSpot Stock Down 0.2%

The stock has a market cap of $10.66 billion, a P/E ratio of 108.92, a P/E/G ratio of 2.51 and a beta of 1.23. The firm has a 50 day moving average price of $232.61 and a 200 day moving average price of $304.22.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 EPS 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%. The company’s revenue was up 23.4% on a year-over-year basis. During the same period last year, the firm 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. Equities analysts predict that HubSpot, Inc. will post 3.79 earnings per share for the current fiscal year.

Insider Activity at HubSpot

In related news, Director Brian Halligan sold 8,292 shares of HubSpot stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $230.72, for a total transaction of $1,913,130.24. Following the sale, the director owned 362,000 shares of the company’s stock, valued at approximately $83,520,640. This trade represents a 2.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lorrie M. Norrington bought 1,313 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the purchase, the director directly 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. In the last three months, insiders have purchased 14,063 shares of company stock worth $2,585,781 and have sold 17,707 shares worth $4,363,049. Company insiders own 4.00% of the company’s stock.

Institutional Trading of HubSpot

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in HubSpot by 6.4% in the 3rd quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock valued at $2,683,659,000 after acquiring an additional 345,524 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in HubSpot by 36.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after acquiring an additional 1,224,424 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in HubSpot by 13.1% in 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 acquiring an additional 252,604 shares during the last quarter. State Street Corp increased its stake in HubSpot by 3.7% in the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock worth $478,287,000 after acquiring an additional 42,948 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in HubSpot by 117.6% in the 4th quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock worth $477,138,000 after acquiring an additional 642,545 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

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.