HubSpot (NYSE:HUBS) Shares Up 3.7% on Analyst Upgrade

HubSpot, Inc. (NYSE:HUBS) shares traded up 3.7% during mid-day trading on Tuesday after Cantor Fitzgerald raised their price target on the stock from $280.00 to $325.00. Cantor Fitzgerald currently has an overweight rating on the stock. HubSpot traded as high as $273.85 and last traded at $273.28. 388,969 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 1,868,356 shares. The stock had previously closed at $263.60.

Other research analysts have also issued research reports about the stock. Canaccord Genuity Group set a $485.00 price target on shares of HubSpot in a research report on Thursday, February 12th. BTIG Research reduced their price objective on HubSpot from $500.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. KeyCorp cut their target price on HubSpot from $400.00 to $340.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Barclays decreased their price target on HubSpot from $525.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Finally, Wells Fargo & Company dropped their price target on HubSpot from $600.00 to $350.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, HubSpot presently has an average rating of “Moderate Buy” and a consensus target price of $454.20.

Insider Activity

In other HubSpot news, insider Erika Ashley Fisher sold 841 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $238.01, for a total transaction of $200,166.41. Following the completion of the sale, the insider directly owned 10,119 shares in the company, valued at approximately $2,408,423.19. This trade represents a 7.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Brian Halligan sold 8,261 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $253.00, for a total value of $2,090,033.00. Following the completion of the transaction, the director owned 481,168 shares in the company, valued at $121,735,504. This represents a 1.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 26,691 shares of company stock valued at $8,136,702. Company insiders own 4.00% of the company’s stock.

Key HubSpot News

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target to $325 and moved to an “overweight” rating, signaling roughly ~20% upside from recent levels and giving institutional validation to HubSpot’s growth trajectory. Read More.
• Positive Sentiment: Zacks/Yahoo featured HubSpot in lists highlighting high-liquidity, growth-oriented names — a visibility boost that can attract momentum and growth-oriented flows. Read More.
• Positive Sentiment: HubSpot made Zacks’ “Best Growth Stocks” / Zacks Rank #1 (Strong Buy) lists, which may pull in retail and advisory buying from investors screening for top-ranked growth stocks. Read More.
• Positive Sentiment: Zacks also included HUBS among “Top-Performing Liquid Stocks,” highlighting its liquidity and operational attributes — supportive for investors concerned about tradeability and volatility. Read More.
• Positive Sentiment: Media deal coverage notes HubSpot expanding its media reach via a Starter Story partnership, which can help content/brand distribution and customer acquisition efforts over time. Read More.
• Neutral Sentiment: Analyst note summarizing HubSpot’s recent Q4 results and previous price-target revisions reiterates the company’s solid revenue growth but also underscores valuation considerations after strong run-ups. Read More.
• Neutral Sentiment: A MarketWatch press release about an Aircall partner expansion mentions ecosystem activity in the broader martech/cx space but does not directly affect HubSpot’s core financials. Read More.

Hedge Funds Weigh In On HubSpot

Several institutional investors and hedge funds have recently modified their holdings of HUBS. Vanguard Group Inc. raised its holdings in shares of HubSpot by 6.4% during the third quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock worth $2,683,659,000 after acquiring an additional 345,524 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position 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 purchasing an additional 1,224,424 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in shares of 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 purchasing an additional 476,740 shares in the last quarter. State Street Corp lifted its holdings in shares of HubSpot by 3.7% during the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after buying an additional 42,948 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake 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 valued at $477,138,000 after buying an additional 642,545 shares in the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

HubSpot Price Performance

The business has a fifty day moving average of $307.43 and a 200 day moving average of $393.58. The stock has a market cap of $14.38 billion, a price-to-earnings ratio of 313.34, a P/E/G ratio of 3.95 and a beta of 1.40.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, February 11th. The software maker reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.10. HubSpot had a net margin of 1.47% and a return on equity of 3.64%. The firm had revenue of $846.75 million during the quarter, compared to analysts’ expectations of $830.65 million. During the same period in the previous year, the company earned $2.32 earnings per share. The company’s revenue was up 20.4% compared to the same quarter last year. On average, analysts expect that HubSpot, Inc. will post 1.01 EPS for the current year.

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.