HubSpot (NYSE:HUBS) Price Target Cut to $215.00 by Analysts at TD Cowen

HubSpot (NYSE:HUBS) had its price objective lowered by stock analysts at TD Cowen from $260.00 to $215.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has a “hold” rating on the software maker’s stock. TD Cowen‘s target price would suggest a potential upside of 4.55% from the stock’s previous close.

A number of other brokerages also recently issued reports on HUBS. Wells Fargo & Company decreased their price target on HubSpot from $250.00 to $200.00 and set an “equal weight” rating for the company in a report on Thursday. BMO Capital Markets raised their price objective on shares of HubSpot from $215.00 to $250.00 and gave the stock a “market perform” rating in a research note on Monday, September 21st. The Goldman Sachs Group set a $276.00 target price on shares of HubSpot in a report on Thursday, August 6th. Barclays decreased their target price on shares of HubSpot from $240.00 to $222.00 and set an “equal weight” rating for the company in a research note on Thursday. Finally, Raymond James Financial downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Monday, October 5th. Eight research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $257.74.

HubSpot Stock Down 5.1%

Shares of NYSE:HUBS traded down $10.99 during midday trading on Thursday, reaching $205.65. The company’s stock had a trading volume of 3,363,983 shares, compared to its average volume of 1,735,165. The firm has a market capitalization of $10.25 billion, a PE ratio of 72.67, a P/E/G ratio of 2.30 and a beta of 1.14. HubSpot has a twelve month low of $169.63 and a twelve month high of $409.31. The stock has a fifty day moving average of $233.82 and a 200 day moving average of $230.93.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 4th. The software maker reported $3.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $0.54. The company had revenue of $947.57 million during the quarter, compared to the consensus estimate of $925.50 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.66 earnings per share. Sell-side analysts anticipate that HubSpot will post 4.63 earnings per share for the current fiscal year.

Insider Activity at HubSpot

In other HubSpot news, Director Gerald Dischler bought 925 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were purchased at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the transaction, the director directly owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This represents a 91.13% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total value of $2,036,345.00. Following the transaction, the director owned 59,500 shares in the company, valued at $14,254,415. This trade represents a 12.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 25,500 shares of company stock valued at $5,990,035. Corporate insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On HubSpot

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HUBS. Access Investment Management LLC acquired a new position in shares of HubSpot during the third quarter worth about $32,000. Elevation Wealth Partners LLC raised its holdings in HubSpot by 66.7% during the third quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock worth $36,000 after purchasing an additional 70 shares in the last quarter. Global Retirement Partners LLC purchased a new position in HubSpot during the second quarter worth about $38,000. Provenance Wealth Advisors LLC lifted its position in HubSpot by 152.2% in the third quarter. Provenance Wealth Advisors LLC now owns 290 shares of the software maker’s stock valued at $59,000 after purchasing an additional 175 shares during the period. Finally, CX Institutional lifted its position in HubSpot by 4,785.7% in the second quarter. CX Institutional now owns 342 shares of the software maker’s stock valued at $62,000 after purchasing an additional 335 shares during the period. 90.39% of the stock is owned by hedge funds and other institutional investors.

HubSpot News Roundup

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot reported Q3 adjusted earnings of $3.81 per share, above the roughly $3.27 consensus, and revenue of $947.6 million versus estimates of $925.5 million. Revenue rose 17.1% year over year. HubSpot Q3 earnings results
• Neutral Sentiment: RBC kept its Outperform rating and Truist maintained Buy, though both lowered price targets—to $260 and $230, respectively. Barclays also cut its target to $222 while retaining Equal Weight, reflecting continued caution despite potential upside from current levels. RBC rating Truist rating Barclays rating
• Negative Sentiment: The main near-term concern is the Q4 outlook: reports say revenue guidance fell short of market expectations, while HubSpot navigates a “bumpy” shift toward outcome-based AI offerings. This raised concerns about the pace of growth despite the Q3 beat. Q4 guidance report AI transition outlook
• Negative Sentiment: Analyst sentiment also weakened. BTIG, Morgan Stanley, and KeyCorp downgraded the shares; Cantor Fitzgerald moved to Underweight and cut its target sharply to $170. Piper Sandler lowered its target to $200 and stayed Neutral. Cantor Fitzgerald rating Piper Sandler rating

HubSpot Company Profile

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.