HubSpot (NYSE:HUBS) Price Target Cut to $350.00 by Analysts at Wells Fargo & Company

HubSpot (NYSE:HUBS) had its price target cut by stock analysts at Wells Fargo & Company from $600.00 to $350.00 in a research note issued to investors on Thursday, MarketBeat.com reports. The brokerage currently has an “overweight” rating on the software maker’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 49.32% from the company’s previous close.

Several other research analysts have also recently commented on HUBS. Oppenheimer reduced their target price on shares of HubSpot from $550.00 to $350.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $325.00 price objective on shares of HubSpot in a report on Thursday. Piper Sandler lowered their price objective on shares of HubSpot from $400.00 to $280.00 and set an “overweight” rating for the company in a research report on Thursday. Barclays reaffirmed an “overweight” rating and set a $300.00 price target on shares of HubSpot in a report on Thursday. Finally, KeyCorp reduced their price target on HubSpot from $400.00 to $340.00 and set an “overweight” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $483.70.

HubSpot Price Performance

HUBS traded up $25.07 on Thursday, reaching $234.40. 1,318,084 shares of the company traded hands, compared to its average volume of 1,588,677. HubSpot has a 52-week low of $207.20 and a 52-week high of $881.13. The company has a market cap of $12.28 billion, a price-to-earnings ratio of -2,947.35, a PEG ratio of 5.51 and a beta of 1.44. The stock’s 50 day moving average price is $343.50 and its 200-day moving average price is $415.97.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, February 11th. The software maker reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.10. HubSpot had a negative net margin of 0.12% and a positive return on equity of 1.21%. The business had revenue of $846.75 million during the quarter, compared to analyst estimates of $830.65 million. During the same quarter in the prior year, the business earned $2.32 earnings per share. The firm’s revenue for the quarter was up 20.4% on a year-over-year basis. As a group, equities research analysts forecast that HubSpot will post 1.01 earnings per share for the current fiscal year.

Insider Transactions at HubSpot

In related news, insider Erika Ashley Fisher sold 841 shares of HubSpot stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $238.01, for a total transaction of $200,166.41. Following the transaction, the insider owned 10,119 shares in the company, valued at approximately $2,408,423.19. The trade was a 7.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $303.38, for a total transaction of $2,578,730.00. Following the transaction, the director directly owned 487,344 shares of the company’s stock, valued at $147,850,422.72. The trade was a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,930 shares of company stock worth $9,175,604 over the last ninety days. Insiders own 4.00% of the company’s stock.

Institutional Trading of HubSpot

A number of institutional investors have recently bought and sold shares of HUBS. Jennison Associates LLC increased its position in HubSpot by 548.6% during the 2nd quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock worth $442,341,000 after purchasing an additional 672,158 shares during the period. Capital World Investors acquired a new position in HubSpot in the 4th quarter valued at about $259,930,000. Norges Bank purchased a new stake in HubSpot in the 2nd quarter worth approximately $269,941,000. Pictet Asset Management Holding SA lifted its position in HubSpot by 32.7% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock worth $776,714,000 after buying an additional 476,740 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of HubSpot by 6.4% during the 3rd quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock worth $2,683,659,000 after acquiring an additional 345,524 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Key HubSpot News

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q1 and FY‑2026 guidance well above Street forecasts: HubSpot raised Q1 EPS guidance to $2.46–$2.48 (consensus ~ $1.45) and FY EPS to $12.38–$12.46 (consensus ~ $7.79); revenue guides also topped estimates — a clear fundamental beat and strong outlook. Business Wire: HubSpot Reports Strong Q4
• Positive Sentiment: Q4 results exceeded estimates: EPS $3.09 vs. $2.99 expected; revenue $846.7M vs. ~$830.7M expected and revenue +20% y/y — supports the upbeat guidance. Business Wire: Q4 Results
• Neutral Sentiment: Analysts kept constructive ratings even after cuts: Needham and BTIG remain buyers and Piper Sandler keeps an overweight stance — suggests firms expect fundamentals to hold despite lower target prices. The Fly: Needham note
• Neutral Sentiment: Broader sector pressure and AI disruption concerns are weighing on software names, which can amplify share moves even after positive company news. Reuters: AI fears in software
• Negative Sentiment: Multiple large price‑target reductions: Piper Sandler cut its target to $280 (from $400), Needham cut to $300 (from $700) and BTIG cut to $300 (from $500) — sizable reductions that pressure sentiment and set lower valuation anchors. Benzinga: PT cuts TickerReport: BTIG note
• Negative Sentiment: Shares slid in extended trading and headlines highlighted the post‑earnings drop despite the beat — short‑term sentiment and positioning (including short interest in software names) likely amplified the move. Yahoo Finance: Shares tumble

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.