HubSpot (NYSE:HUBS) Price Target Raised to $287.00

HubSpot (NYSE:HUBS) had its target price upped by Citigroup from $210.00 to $287.00 in a research report released on Tuesday morning,Benzinga reports. Citigroup currently has a neutral rating on the software maker’s stock.

HUBS has been the subject of a number of other research reports. The Goldman Sachs Group set a $276.00 price target on HubSpot in a report on Thursday, August 6th. Zacks Research lowered HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Oppenheimer cut HubSpot from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Wolfe Research downgraded HubSpot from an “outperform” rating to a “peer perform” rating in a research note on Thursday, August 6th. Finally, William Blair reissued a “market perform” rating on shares of HubSpot in a research note on Tuesday, October 6th. Eleven research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, HubSpot presently has an average rating of “Hold” and an average target price of $272.13.

HubSpot Stock Performance

NYSE:HUBS opened at $239.89 on Tuesday. The company has a market cap of $11.96 billion, a price-to-earnings ratio of 84.77, a PEG ratio of 2.53 and a beta of 1.24. HubSpot has a fifty-two week low of $169.63 and a fifty-two week high of $497.96. The stock has a fifty day moving average price of $234.80 and a 200-day moving average price of $233.43.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The business had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. During the same quarter in the previous year, the firm earned $2.19 earnings per share. HubSpot’s revenue for the quarter was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Research analysts predict that HubSpot will post 4.63 EPS for the current fiscal year.

Insider Buying and Selling at HubSpot

In other news, Director Gerald Dischler bought 925 shares of the stock in a transaction that occurred on 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 purchase, the director directly owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, insider Erika Fisher sold 702 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the transaction, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. The trade was a 4.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 26,202 shares of company stock valued at $6,155,159. 3.70% of the stock is currently owned by company insiders.

Institutional Trading of HubSpot

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. raised its holdings in shares of HubSpot by 135.3% during the second quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock valued at $41,397,000 after acquiring an additional 130,433 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in HubSpot in the second quarter worth $1,366,000. Meeder Asset Management Inc. bought a new stake in HubSpot in the second quarter valued at $5,860,000. The Manufacturers Life Insurance Company boosted its holdings in HubSpot by 175.3% in the first quarter. The Manufacturers Life Insurance Company now owns 11,063 shares of the software maker’s stock valued at $2,700,000 after acquiring an additional 7,044 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new position in HubSpot during the 1st quarter valued at $41,434,000. 90.39% of the stock is owned by institutional investors.

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.