HubSpot (NYSE:HUBS) Given New $575.00 Price Target at Barclays

HubSpot (NYSE:HUBS) had its price objective decreased by stock analysts at Barclays from $675.00 to $575.00 in a report issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the software maker’s stock. Barclays‘s target price points to a potential upside of 49.38% from the company’s current price.

A number of other research firms also recently commented on HUBS. Bank of America decreased their target price on HubSpot from $640.00 to $515.00 and set a “buy” rating for the company in a report on Thursday. Sanford C. Bernstein raised HubSpot from a “market perform” rating to an “outperform” rating and set a $606.00 target price for the company in a report on Wednesday, September 3rd. Citigroup lifted their target price on HubSpot from $650.00 to $658.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Wall Street Zen downgraded HubSpot from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, KeyCorp decreased their target price on HubSpot from $775.00 to $650.00 and set an “overweight” rating for the company in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $670.54.

HubSpot Price Performance

NYSE HUBS traded down $79.77 during trading on Thursday, hitting $384.94. The company’s stock had a trading volume of 455,419 shares, compared to its average volume of 759,746. The company has a market cap of $20.28 billion, a PE ratio of -1,670.92, a P/E/G ratio of 16.31 and a beta of 1.60. The business’s 50 day simple moving average is $478.42 and its 200-day simple moving average is $529.75. HubSpot has a fifty-two week low of $391.80 and a fifty-two week high of $881.13.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, November 5th. The software maker reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.58 by $0.08. The business had revenue of $809.52 million during the quarter, compared to the consensus estimate of $786.80 million. HubSpot had a positive return on equity of 1.74% and a negative net margin of 0.42%.The company’s quarterly revenue was up 20.9% on a year-over-year basis. During the same quarter last year, the company earned $2.18 earnings per share. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. Analysts expect that HubSpot will post 1.01 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Dharmesh Shah sold 4,747 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $501.60, for a total value of $2,381,095.20. Following the completion of the sale, the chief technology officer directly owned 1,271,058 shares in the company, valued at $637,562,692.80. The trade was a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Brian Halligan sold 235 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $493.30, for a total value of $115,925.50. Following the completion of the sale, the director owned 513,466 shares of the company’s stock, valued at $253,292,777.80. This trade represents a 0.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 51,098 shares of company stock valued at $24,757,257 over the last ninety days. 4.00% of the stock is owned by corporate insiders.

Institutional Trading of HubSpot

Several large investors have recently made changes to their positions in HUBS. Goodman Advisory Group LLC purchased a new stake in shares of HubSpot during the second quarter worth approximately $27,000. Whittier Trust Co. grew its holdings in 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 in the last quarter. Exane Asset Management purchased a new stake in HubSpot in the 3rd quarter valued at $30,000. Rakuten Securities Inc. grew its holdings in HubSpot by 783.3% in 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 in the last quarter. Finally, Hilltop National Bank purchased a new stake in HubSpot in the 2nd quarter valued at $32,000. 90.39% of the stock is currently owned by hedge funds and other 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.