HubSpot (NYSE:HUBS) Price Target Cut to $300.00 by Analysts at Wells Fargo & Company

HubSpot (NYSE:HUBS) had its target price decreased by Wells Fargo & Company from $350.00 to $300.00 in a report published on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the software maker’s stock.

Other equities analysts have also issued reports about the company. UBS Group reduced their price objective on HubSpot from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday. Jefferies Financial Group reaffirmed a “buy” rating and issued a $250.00 price objective on shares of HubSpot in a research note on Friday. Canaccord Genuity Group set a $335.00 price target on HubSpot in a research report on Friday. Wall Street Zen lowered HubSpot from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 19th. Finally, Needham & Company LLC reduced their price target on HubSpot from $700.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Twenty-two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $315.85.

HubSpot Price Performance

NYSE HUBS opened at $196.87 on Friday. The firm has a market capitalization of $10.13 billion, a P/E ratio of 103.07, a P/E/G ratio of 3.33 and a beta of 1.23. HubSpot has a 1-year low of $180.50 and a 1-year high of $682.57. The business’s 50-day simple moving average is $243.61 and its 200-day simple moving average is $317.94.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.25. The business had revenue of $881.00 million for the quarter, compared to analyst estimates of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The company’s revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.84 EPS. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. On average, equities research analysts expect that HubSpot will post 3.66 EPS for the current fiscal year.

Insider Activity at HubSpot

In other HubSpot news, insider Erika Ashley Fisher sold 915 shares of HubSpot stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $236.66, for a total transaction of $216,543.90. Following the sale, the insider directly owned 16,270 shares in the company, valued at $3,850,458.20. The trade was a 5.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Brian Halligan sold 8,292 shares of HubSpot stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $230.72, for a total value of $1,913,130.24. Following the sale, the director owned 362,000 shares in the company, valued at $83,520,640. This represents a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 25,968 shares of company stock worth $6,453,082 over the last 90 days. 4.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On HubSpot

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Oslo Pensjonsforsikring AS bought a new stake in shares of HubSpot in the 1st quarter valued at approximately $74,000. Earned Wealth Advisors LLC bought a new stake in shares of HubSpot in the 1st quarter valued at approximately $215,000. Meeder Advisory Services Inc. increased its holdings in shares of HubSpot by 115.5% in the 1st quarter. Meeder Advisory Services Inc. now owns 1,321 shares of the software maker’s stock valued at $322,000 after acquiring an additional 708 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of HubSpot by 5.1% in the 1st quarter. Parallel Advisors LLC now owns 5,559 shares of the software maker’s stock valued at $1,357,000 after acquiring an additional 268 shares during the last quarter. Finally, KBC Group NV increased its holdings in shares of HubSpot by 1.5% in the 1st quarter. KBC Group NV now owns 10,695 shares of the software maker’s stock valued at $2,611,000 after acquiring an additional 158 shares during the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot beat Q1 estimates, with EPS of $2.72 versus $2.47 expected and revenue of $881 million versus $863.3 million expected, while revenue rose 23.4% year over year. HubSpot Reports Strong Q1 2026 Results
• Positive Sentiment: The company also raised guidance, projecting Q2 EPS of $3.00-$3.02 and FY2026 EPS of $13.04-$13.12, both above analyst expectations, which supports the long-term growth thesis. HubSpot (HUBS) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Several firms still maintain bullish ratings despite cutting price targets, including JPMorgan, RBC, Wells Fargo, Mizuho, Morgan Stanley and Piper Sandler, signaling Wall Street still sees upside from current levels. Analyst price target updates

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.