HubSpot (NYSE:HUBS) Trading 6.6% Higher – Here’s Why

HubSpot, Inc. (NYSE:HUBS) shares shot up 6.6% on Friday . The stock traded as high as $202.50 and last traded at $202.5370. 486,317 shares changed hands during trading, a decline of 72% from the average session volume of 1,766,543 shares. The stock had previously closed at $190.01.

Analysts Set New Price Targets

A number of equities analysts have issued reports on HUBS shares. Citigroup restated a “neutral” rating on shares of HubSpot in a research report on Friday. Raymond James Financial reiterated an “outperform” rating and set a $250.00 target price on shares of HubSpot in a report on Friday, May 8th. KeyCorp cut their target price on HubSpot from $340.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Sanford C. Bernstein set a $381.00 price target on HubSpot in a report on Friday, May 8th. Finally, BNP Paribas Exane lowered HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price target for the company. in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, HubSpot currently has an average rating of “Moderate Buy” and a consensus price target of $308.32.

HubSpot Stock Up 7.6%

The firm’s fifty day moving average is $200.73 and its two-hundred day moving average is $238.73. The firm has a market cap of $10.47 billion, a P/E ratio of 107.03, a PEG ratio of 2.24 and a beta of 1.22.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The business had revenue of $881.00 million during the quarter, compared to analyst estimates of $863.32 million. During the same period in the prior year, the business earned $1.84 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, sell-side analysts forecast that HubSpot, Inc. will post 4.39 EPS for the current year.

Insider Buying and Selling

In other HubSpot news, insider Erika Ashley Fisher sold 915 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $236.66, for a total value of $216,543.90. Following the completion of the sale, the insider directly owned 16,270 shares in the company, valued at $3,850,458.20. This trade represents a 5.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Dharmesh Shah acquired 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the transaction, the chief technology officer owned 1,295,400 shares in the company, valued at approximately $234,946,698. This represents a 0.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders purchased 14,063 shares of company stock valued at $2,585,781 and sold 17,915 shares valued at $3,654,114. Corporate insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On HubSpot

Several hedge funds have recently made changes to their positions in the company. Turning Point Benefit Group Inc. purchased a new stake in HubSpot in the third quarter worth $25,000. Rakuten Securities Inc. raised its holdings in HubSpot by 783.3% in the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after purchasing an additional 47 shares in the last quarter. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of HubSpot in the 4th quarter worth about $33,000. Osterweis Capital Management Inc. purchased a new stake in shares of HubSpot in the 2nd quarter worth about $34,000. Finally, Larson Financial Group LLC increased its stake in shares of HubSpot by 378.9% in the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock worth $37,000 after acquiring an additional 72 shares in 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.