HubSpot (NYSE:HUBS) Cut to Sector Weight at KeyCorp

HubSpot (NYSE:HUBS) was downgraded by investment analysts at KeyCorp from an “overweight” rating to a “sector weight” rating in a note issued to investors on Thursday, Briefing.com reports.

A number of other brokerages also recently commented on HUBS. Zacks Research downgraded shares of HubSpot from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Barclays cut HubSpot from an “overweight” rating to an “equal weight” rating and set a $240.00 price objective on the stock. in a research note on Monday, October 12th. Wolfe Research downgraded HubSpot from an “outperform” rating to a “peer perform” rating in a research report on Thursday, August 6th. Stephens upped their price objective on HubSpot from $251.00 to $255.00 and gave the company an “equal weight” rating in a research report on Monday, September 21st. Finally, Raymond James Financial lowered HubSpot from an “outperform” rating to a “market perform” rating in a research note on Monday, October 5th. Nine equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, HubSpot presently has an average rating of “Hold” and a consensus target price of $264.77.

HubSpot Stock Down 4.0%

HubSpot stock opened at $217.16 on Thursday. HubSpot has a 52-week low of $169.63 and a 52-week high of $476.64. The firm’s fifty day moving average is $233.82 and its 200 day moving average is $230.93. The company has a market cap of $10.83 billion, a price-to-earnings ratio of 76.74, a PEG ratio of 2.30 and a beta of 1.14.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 EPS for the quarter, topping analysts’ consensus estimates of $3.27 by $0.54. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $947.57 million during the quarter, compared to analysts’ expectations of $925.50 million. During the same period last year, the company posted $2.66 EPS. The business’s revenue was up 17.1% on a year-over-year basis. On average, equities research analysts anticipate that HubSpot will post 4.63 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Gerald Dischler acquired 925 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $418,904.20. This trade represents a 91.13% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total value of $2,036,345.00. Following the transaction, the director owned 59,500 shares of the company’s stock, valued at $14,254,415. This trade represents a 12.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 25,500 shares of company stock valued at $5,990,035. 3.70% of the stock is owned by insiders.

Institutional Investors Weigh In On HubSpot

A number of institutional investors and hedge funds have recently modified their holdings of HUBS. BlackRock Inc. purchased a new position in HubSpot during the 2nd quarter valued at $631,386,000. Pictet Asset Management Holding SA increased its stake in HubSpot by 2.0% in the third quarter. Pictet Asset Management Holding SA now owns 1,689,478 shares of the software maker’s stock worth $346,208,000 after purchasing an additional 33,728 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in 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. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in HubSpot in the second quarter worth $112,671,000. Finally, Amundi lifted its position in shares of HubSpot by 33.4% during the first quarter. Amundi now owns 586,037 shares of the software maker’s stock worth $143,052,000 after purchasing an additional 146,871 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 adjusted earnings were $3.81 per share, above analyst estimates of about $3.27, and up from $2.66 a year earlier. Revenue of $947.57 million also topped estimates of $925.50 million. HubSpot Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: HubSpot raised its 2026 outlook, providing some support alongside the quarterly beat. HubSpot Q3 Earnings, Revenue Rise; Q4 Guidance Issued, 2026 Outlook Lifted
• Negative Sentiment: Q4 revenue guidance missed market expectations, weighing on the results’ otherwise positive headline numbers. Coverage also characterized the quarter as showing a growth slowdown, making the forward outlook a likely focus for investors. HubSpot Dips After Q4 Guidance Comes Up Short

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.