HubSpot (NYSE:HUBS) Given “Outperform” Rating at Royal Bank Of Canada

HubSpot (NYSE:HUBS)‘s stock had its “outperform” rating reissued by analysts at Royal Bank Of Canada in a report released on Friday, Benzinga reports. They currently have a $300.00 price target on the software maker’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 35.28% from the company’s previous close.

HUBS has been the subject of a number of other reports. Citigroup lowered their price target on HubSpot from $217.00 to $210.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Bank of America reaffirmed an “underperform” rating and issued a $200.00 price target on shares of HubSpot in a research note on Thursday, August 6th. Stifel Nicolaus upped their price target on HubSpot from $200.00 to $225.00 and gave the company a “hold” rating in a research note on Friday, September 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price target on shares of HubSpot in a research note on Friday, September 18th. Finally, Piper Sandler cut HubSpot from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $250.00 to $220.00 in a research note on Thursday, August 6th. Fifteen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $270.61.

HubSpot Stock Performance

HubSpot stock traded down $4.26 during trading hours on Friday, reaching $221.77. 964,974 shares of the company’s stock traded hands, compared to its average volume of 1,805,789. HubSpot has a fifty-two week low of $169.63 and a fifty-two week high of $524.63. The firm has a market capitalization of $11.06 billion, a price-to-earnings ratio of 78.36, a PEG ratio of 2.28 and a beta of 1.18. The firm’s 50 day moving average is $232.09 and its 200-day moving average is $221.82.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. The company had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.HubSpot’s revenue was up 19.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Analysts predict that HubSpot will post 4.56 EPS for the current year.

Insider Buying and Selling

In related news, insider Erika Fisher sold 702 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the sale, the insider directly owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $245.64, for a total value of $2,087,940.00. Following the sale, the director directly owned 68,000 shares of the company’s stock, valued at approximately $16,703,520. The trade was a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 26,202 shares of company stock valued at $5,998,079. 3.70% of the stock is owned by corporate insiders.

Institutional Trading of HubSpot

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in HubSpot during the 2nd quarter worth approximately $631,386,000. Pictet Asset Management Holding SA increased its stake in HubSpot by 13.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock worth $533,993,000 after purchasing an additional 252,604 shares in the last quarter. Geode Capital Management LLC increased its stake in HubSpot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock worth $388,917,000 after purchasing an additional 14,159 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in HubSpot by 352.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares in the last quarter. Finally, Capital World Investors acquired a new position in HubSpot during the 4th quarter worth approximately $259,930,000. 90.39% of the stock is owned by institutional investors.

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.