HubSpot’s (HUBS) Outperform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada restated their outperform rating on shares of HubSpot (NYSE:HUBS) in a report released on Friday,Benzinga reports. Royal Bank Of Canada currently has a $300.00 price target on the software maker’s stock.

HUBS has been the subject of a number of other research reports. Barclays reduced their target price on HubSpot from $270.00 to $240.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Weiss Ratings restated a “sell (d)” rating on shares of HubSpot in a research report on Wednesday, June 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of HubSpot in a research note on Thursday, August 6th. Stephens lowered shares of HubSpot from an “overweight” rating to a “hold” rating and set a $251.00 target price on the stock. in a report on Thursday, August 6th. Finally, Piper Sandler cut shares of HubSpot from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $250.00 to $220.00 in a research note on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $271.90.

HubSpot Price Performance

Shares of HUBS stock opened at $226.01 on Friday. The stock has a market capitalization of $11.27 billion, a price-to-earnings ratio of 79.86, a PEG ratio of 2.43 and a beta of 1.18. The company’s fifty day simple moving average is $228.56 and its two-hundred day simple moving average is $224.36. HubSpot has a 1 year low of $169.63 and a 1 year high of $525.51.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The firm had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. During the same period last year, the company earned $2.19 earnings per share. The business’s revenue for the quarter was up 19.8% on a year-over-year basis. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Equities research analysts anticipate that HubSpot will post 4.55 EPS for the current year.

Insider Activity

In related news, insider Erika Fisher sold 702 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the sale, the insider directly owned 14,581 shares of the company’s stock, valued at $3,429,742.82. This trade represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gerald Dischler bought 925 shares of the company’s stock in a transaction on Monday, August 10th. The shares were bought at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the transaction, the director owned 1,940 shares of the company’s stock, valued at $418,904.20. The trade was a 91.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 26,202 shares of company stock worth $5,477,709. 3.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On HubSpot

Institutional investors have recently made changes to their positions in the stock. National Bank of Canada FI boosted its position in HubSpot by 8.6% during the third quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock valued at $177,000 after purchasing an additional 30 shares in the last quarter. 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. Orion Porfolio Solutions LLC lifted its position in shares of HubSpot by 2.9% during the second quarter. Orion Porfolio Solutions LLC now owns 1,784 shares of the software maker’s stock valued at $994,000 after buying an additional 51 shares during the last quarter. Elevation Point Wealth Partners LLC lifted its position in shares of HubSpot by 3.3% during the fourth quarter. Elevation Point Wealth Partners LLC now owns 1,738 shares of the software maker’s stock valued at $697,000 after buying an additional 55 shares during the last quarter. Finally, Turning Point Benefit Group Inc. bought a new stake in shares of HubSpot in the 3rd quarter valued at about $25,000. Institutional investors own 90.39% of the company’s stock.

HubSpot Company Profile

HubSpot, Inc develops cloud-based customer relationship management (CRM) and marketing software for businesses. Its platform is designed to help organizations attract prospects, manage customer interactions, close sales and provide ongoing service through an integrated set of tools.

The company’s products include Marketing Hub, Sales Hub, Service Hub, Content Hub, Operations Hub and Commerce Hub. These offerings support marketing automation, sales engagement, customer support, content management, data integration, payments and other commercial activities.