HubSpot (NYSE:HUBS) Earns Outperform Rating from Royal Bank Of Canada

HubSpot (NYSE:HUBS)‘s stock had its “outperform” rating restated by investment analysts at Royal Bank Of Canada in a note issued to investors on Friday, Benzinga reports. They presently have a $300.00 price objective on the software maker’s stock. Royal Bank Of Canada’s price objective indicates a potential upside of 32.47% from the company’s previous close.

Several other research firms have also recently weighed in on HUBS. Bank of America reissued an “underperform” rating and set a $200.00 price target on shares of HubSpot in a report on Thursday, August 6th. The Goldman Sachs Group set a $276.00 price objective on HubSpot in a report on Thursday, August 6th. UBS Group set a $287.00 price objective on HubSpot in a research report on Thursday, August 6th. BMO Capital Markets downgraded HubSpot from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $230.00 to $215.00 in a report on Thursday, August 6th. Finally, Piper Sandler cut HubSpot from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $250.00 to $220.00 in a research report on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $271.90.

HubSpot Stock Up 1.3%

Shares of HUBS stock opened at $226.47 on Friday. The company has a 50 day moving average price of $227.88 and a 200-day moving average price of $224.30. HubSpot has a 52 week low of $169.63 and a 52 week high of $525.51. The firm has a market capitalization of $11.29 billion, a PE ratio of 80.27, a P/E/G ratio of 2.48 and a beta of 1.18.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. 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 firm earned $2.19 earnings per share. The firm’s revenue for the quarter was up 19.8% compared to the same quarter last year. 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 anticipate that HubSpot will post 4.55 earnings per share for the current year.

Insider Activity at HubSpot

In related news, insider Erika Fisher sold 702 shares of the 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 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 legal filing with the SEC, which can be accessed through this link. Also, Director Gerald Dischler bought 925 shares of the firm’s stock in a transaction on 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 purchase, the director owned 1,940 shares in the company, valued at $418,904.20. This trade represents a 91.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders sold 26,202 shares of company stock worth $5,477,709. 3.70% of the stock is owned by company insiders.

Institutional Trading of HubSpot

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Turning Point Benefit Group Inc. bought a new stake in shares of HubSpot during the 3rd quarter valued at $25,000. Rakuten Securities Inc. boosted its holdings in HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after buying an additional 47 shares during the period. Cary Street Partners Investment Advisory LLC bought a new position in HubSpot in the 4th quarter worth $33,000. Osterweis Capital Management Inc. purchased a new stake in HubSpot in the 2nd quarter worth $34,000. Finally, Larson Financial Group LLC lifted its stake in HubSpot by 378.9% in the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock worth $37,000 after purchasing an additional 72 shares in the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

About HubSpot

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.