Jefferies Financial Group Cuts HubSpot (NYSE:HUBS) Price Target to $560.00

HubSpot (NYSE:HUBS) had its price target trimmed by Jefferies Financial Group from $650.00 to $560.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the software maker’s stock.

Several other brokerages also recently weighed in on HUBS. Stifel Nicolaus cut their target price on shares of HubSpot from $600.00 to $550.00 and set a “buy” rating for the company in a research note on Thursday. Bank of America cut their price objective on shares of HubSpot from $640.00 to $515.00 and set a “buy” rating for the company in a research report on Thursday. KeyCorp decreased their target price on shares of HubSpot from $775.00 to $650.00 and set an “overweight” rating on the stock in a research report on Thursday. Wells Fargo & Company cut their price target on HubSpot from $685.00 to $600.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Citigroup raised their price objective on HubSpot from $650.00 to $658.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, HubSpot presently has an average rating of “Moderate Buy” and a consensus target price of $626.50.

HubSpot Price Performance

Shares of HubSpot stock opened at $397.83 on Thursday. HubSpot has a 1 year low of $375.01 and a 1 year high of $881.13. The business has a 50 day moving average price of $475.10 and a 200 day moving average price of $527.88. The company has a market capitalization of $20.84 billion, a P/E ratio of -4,972.91, a P/E/G ratio of 13.77 and a beta of 1.60.

HubSpot (NYSE:HUBS) last announced its earnings results on Wednesday, November 5th. The software maker reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $0.08. HubSpot had a positive return on equity of 1.21% and a negative net margin of 0.12%.The firm had revenue of $809.52 million for the quarter, compared to analysts’ expectations of $786.80 million. During the same quarter in the prior year, the firm earned $2.18 EPS. HubSpot’s quarterly revenue was up 20.9% on a year-over-year basis. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. As a group, research analysts expect that HubSpot will post 1.01 EPS for the current fiscal year.

Insider Activity

In other news, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $449.84, for a total transaction of $3,823,640.00. Following the sale, the director directly owned 522,435 shares of the company’s stock, valued at approximately $235,012,160.40. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Yamini Rangan sold 2,387 shares of the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $500.00, for a total value of $1,193,500.00. Following the completion of the transaction, the chief executive officer owned 56,277 shares in the company, valued at approximately $28,138,500. This trade represents a 4.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,098 shares of company stock valued at $24,757,257 over the last ninety days. 4.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On HubSpot

Several large investors have recently added to or reduced their stakes in the company. Goodman Advisory Group LLC acquired a new stake in shares of HubSpot during the second quarter worth $27,000. Whittier Trust Co. boosted its holdings in shares of HubSpot by 136.4% in the 2nd quarter. Whittier Trust Co. now owns 52 shares of the software maker’s stock valued at $29,000 after buying an additional 30 shares during the period. Rakuten Securities Inc. grew its position in shares of HubSpot by 783.3% during the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after buying an additional 47 shares during the last quarter. Hilltop National Bank bought a new stake in shares of HubSpot during the 2nd quarter valued at about $32,000. Finally, Cullen Frost Bankers Inc. lifted its holdings in HubSpot by 130.8% in the first quarter. Cullen Frost Bankers Inc. now owns 60 shares of the software maker’s stock worth $34,000 after acquiring an additional 34 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

HubSpot Company Profile

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.