HubSpot (NYSE:HUBS) Raised to Strong-Buy at Zacks Research

HubSpot (NYSE:HUBS) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Royal Bank Of Canada cut their target price on shares of HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. BTIG Research restated a “buy” rating and set a $300.00 price objective on shares of HubSpot in a report on Tuesday, April 21st. Stifel Nicolaus set a $275.00 price objective on shares of HubSpot in a research report on Friday, May 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of HubSpot in a research note on Wednesday, June 24th. Finally, Truist Financial decreased their target price on HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, HubSpot has a consensus rating of “Moderate Buy” and an average target price of $311.00.

HubSpot Stock Performance

HubSpot stock opened at $209.75 on Monday. HubSpot has a 52 week low of $169.63 and a 52 week high of $568.16. The firm has a market capitalization of $10.74 billion, a PE ratio of 109.82, a PEG ratio of 2.38 and a beta of 1.22. The business’s 50-day simple moving average is $198.73 and its 200-day simple moving average is $247.72.

HubSpot (NYSE:HUBS) last released its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (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 company’s revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the firm posted $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. Research analysts forecast that HubSpot will post 4.39 earnings per share for the current year.

Insider Transactions at HubSpot

In related news, CTO Dharmesh Shah acquired 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was bought at an average cost of $181.37 per share, with a total value of $1,813,700.00. Following the completion of the acquisition, the chief technology officer owned 1,295,400 shares in the company, valued at $234,946,698. The trade was a 0.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lorrie M. Norrington bought 1,313 shares of HubSpot stock in a transaction dated Monday, May 11th. The stock was purchased at an average price 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 represents a 86.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $5,567,244. 3.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On HubSpot

A number of hedge funds have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD increased its holdings in shares of HubSpot by 36.5% during the fourth 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 buying an additional 1,224,424 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake 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 valued at $220,559,000 after acquiring an additional 703,706 shares during the last quarter. Capital World Investors acquired a new position in shares of HubSpot in the 4th quarter worth approximately $259,930,000. AQR Capital Management LLC boosted its holdings in shares of 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 in the last quarter. Finally, Pictet Asset Management Holding SA grew its position in HubSpot by 32.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock worth $776,714,000 after acquiring an additional 476,740 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

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.