HubSpot (NYSE:HUBS) Shares Gap Down After Analyst Downgrade

HubSpot, Inc. (NYSE:HUBS) shares gapped down before the market opened on Thursday after Sanford C. Bernstein downgraded the stock from an outperform rating to a market perform rating. The stock had previously closed at $250.21, but opened at $193.19. Sanford C. Bernstein now has a $220.00 price target on the stock. HubSpot shares last traded at $200.7540, with a volume of 1,692,027 shares.

Several other equities analysts have also commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of HubSpot in a research note on Wednesday, June 24th. JPMorgan Chase & Co. dropped their target price on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Zacks Research raised shares of HubSpot from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Canaccord Genuity Group set a $335.00 price target on shares of HubSpot in a report on Friday, May 8th. Finally, Capital One Financial set a $206.00 price target on shares of HubSpot and gave the stock an “equal weight” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $290.10.

Insider Activity at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $221.09, for a total value of $1,879,265.00. Following the completion of the sale, the director directly owned 85,000 shares in the company, valued at $18,792,650. This trade represents a 9.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Lorrie M. Norrington bought 1,313 shares of the company’s stock in a transaction on Monday, May 11th. The shares were bought at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the transaction, the director owned 2,838 shares in the company, valued at $540,411.96. The trade was a 86.10% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 25,500 shares valued at $5,316,835. 3.70% of the stock is owned by insiders.

Trending Headlines about HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot reported second-quarter revenue of $911.7 million, up approximately 20% year over year and ahead of the $898.3 million consensus estimate. Adjusted earnings of $3.26 per share also exceeded expectations of $3.02 and rose from $2.19 a year earlier. HubSpot Reports Q2 2026 Results
• Positive Sentiment: Management’s third-quarter EPS outlook of $3.25–$3.27 and full-year EPS guidance of $13.23–$13.31 are above Wall Street expectations, indicating continued margin and earnings-per-share strength. HubSpot Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: HubSpot outlined an expected 2%–3% expansion in non-GAAP operating margins in 2027, which could support profitability even as customer additions moderate. HubSpot Margin Expansion Outlook

Hedge Funds Weigh In On HubSpot

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bridgewater Advisors Inc. acquired a new stake in HubSpot during the 2nd quarter worth about $216,000. Oppenheimer Asset Management Inc. acquired a new position in shares of HubSpot in the second quarter valued at about $1,366,000. Fluent Financial LLC purchased a new position in shares of HubSpot in the second quarter worth about $763,000. Assenagon Asset Management S.A. raised its stake in shares of HubSpot by 135.3% in the second quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock worth $41,397,000 after purchasing an additional 130,433 shares during the last quarter. Finally, CX Institutional lifted its holdings in shares of HubSpot by 4,785.7% during the second quarter. CX Institutional now owns 342 shares of the software maker’s stock worth $62,000 after purchasing an additional 335 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Price Performance

The stock has a fifty day moving average of $206.87 and a 200 day moving average of $230.28. The stock has a market cap of $10.36 billion, a price-to-earnings ratio of 105.53, a P/E/G ratio of 2.72 and a beta of 1.19.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The company had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. During the same quarter in the prior year, the company earned $2.19 EPS. HubSpot’s quarterly revenue 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. As a group, equities analysts expect that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

HubSpot Company Profile

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.