BTIG Research Forecasts Strong Price Appreciation for HubSpot (NYSE:HUBS) Stock

HubSpot (NYSE:HUBS) had its target price increased by investment analysts at BTIG Research from $250.00 to $300.00 in a report released on Friday, Benzinga reports. The firm presently has a “buy” rating on the software maker’s stock. BTIG Research‘s price target points to a potential upside of 12.30% from the company’s previous close.

Other analysts have also issued research reports about the company. Oppenheimer lowered HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Wolfe Research cut shares of HubSpot from an “outperform” rating to a “peer perform” rating in a research report on Thursday, August 6th. The Goldman Sachs Group set a $276.00 price target on shares of HubSpot in a research note on Thursday, August 6th. KeyCorp lowered their price objective on shares of HubSpot from $290.00 to $285.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Finally, Wells Fargo & Company lowered shares of HubSpot from an “overweight” rating to a “neutral” rating in a report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $266.58.

HubSpot Stock Up 6.9%

Shares of HUBS stock opened at $267.14 on Friday. The business has a 50-day moving average price of $232.39 and a two-hundred day moving average price of $217.83. HubSpot has a 12-month low of $169.63 and a 12-month high of $497.96. The firm has a market cap of $13.32 billion, a P/E ratio of 94.40, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating the consensus estimate of $3.02 by $0.24. The firm had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The company’s revenue was up 19.8% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, research analysts expect that HubSpot will post 4.63 EPS for the current fiscal year.

Insider Transactions at HubSpot

In other news, insider Erika Fisher sold 702 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the sale, the insider owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. The trade was a 4.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gerald Dischler bought 925 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the acquisition, the director directly owned 1,940 shares in the company, valued at $418,904.20. This trade represents a 91.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have sold 26,202 shares of company stock worth $6,155,159. Company insiders own 3.70% of the company’s stock.

Institutional Trading of HubSpot

A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in shares of HubSpot during the second quarter valued at approximately $631,386,000. Pictet Asset Management Holding SA increased its stake in shares of HubSpot by 13.1% in the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock worth $533,993,000 after buying an additional 252,604 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of HubSpot by 352.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after buying an additional 703,706 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new stake in HubSpot during the 2nd quarter valued at $112,671,000. Finally, Amundi raised its holdings in HubSpot by 33.4% during the 1st quarter. Amundi now owns 586,037 shares of the software maker’s stock valued at $143,052,000 after buying an additional 146,871 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

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.