HubSpot (NYSE:HUBS) Shares Gap Up – Here’s Why

HubSpot, Inc. (NYSE:HUBS) shares gapped up prior to trading on Thursday. The stock had previously closed at $202.88, but opened at $211.90. HubSpot shares last traded at $215.9910, with a volume of 422,635 shares changing hands.

Recent HubSpot Headlines

These are some of the HUBS headlines that stood out recently:

• Positive Sentiment: HubSpot forecast FY2026 EPS of $13.59–$13.61, above the $11.84 consensus, and Q4 EPS of $3.85–$3.87, ahead of the $3.44 consensus. Revenue guidance was broadly in line with estimates, so the upbeat signal is mainly on earnings. HubSpot guidance and growth-stock article
• Positive Sentiment: Co-founder Brian Halligan is returning as CEO to lead a “refounding” of the company. His return may reassure investors seeking renewed direction and leadership continuity. Reuters article on Halligan’s return
• Neutral Sentiment: The CEO change is also a transition risk: investors will look for details on HubSpot’s strategy and execution under Halligan, as well as the handoff involving Karen Burgess. HubSpot leadership announcement

Wall Street Analyst Weigh In

A number of analysts have recently commented on HUBS shares. Barclays cut their price objective on HubSpot from $240.00 to $222.00 and set an “equal weight” rating for the company in a research report on Thursday, November 5th. Weiss Ratings upgraded HubSpot from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 2nd. Truist Financial dropped their price target on shares of HubSpot from $275.00 to $230.00 and set a “buy” rating on the stock in a research note on Thursday, November 5th. Zacks Research cut shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Finally, Cantor Fitzgerald lowered shares of HubSpot from a “neutral” rating to an “underweight” rating and cut their price target for the stock from $265.00 to $170.00 in a report on Thursday, November 5th. Eight equities research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $251.23.

HubSpot Stock Performance

The stock has a market capitalization of $10.62 billion, a PE ratio of 51.84, a price-to-earnings-growth ratio of 1.88 and a beta of 1.14. The stock’s 50 day moving average is $228.74 and its two-hundred day moving average is $228.20.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 EPS for the quarter, topping the consensus estimate of $3.27 by $0.54. HubSpot had a return on equity of 12.18% and a net margin of 5.95%. The company had revenue of $947.57 million during the quarter, compared to analyst estimates of $925.50 million. During the same period in the previous year, the business earned $2.66 EPS. HubSpot’s quarterly revenue was up 17.1% on a year-over-year basis. Equities research analysts expect that HubSpot, Inc. will post 5.12 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Erika Fisher sold 702 shares of the stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $227.72, for a total value of $159,859.44. Following the completion of the transaction, the insider directly owned 12,829 shares of the company’s stock, valued at approximately $2,921,419.88. This represents a 5.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction 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 completion of the transaction, the director owned 59,500 shares in the company, valued at $14,254,415. The trade was a 12.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 26,202 shares of company stock worth $6,149,894 over the last ninety days. Corporate insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On HubSpot

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Miller Financial Services LLC raised its position in shares of HubSpot by 2.9% in the third quarter. Miller Financial Services LLC now owns 1,405 shares of the software maker’s stock valued at $288,000 after buying an additional 40 shares during the last quarter. Diversified Trust Co raised its holdings in HubSpot by 0.7% in the 3rd quarter. Diversified Trust Co now owns 7,643 shares of the software maker’s stock valued at $1,567,000 after acquiring an additional 52 shares during the last quarter. Bessemer Group Inc. lifted its stake in HubSpot by 15.5% in the 3rd quarter. Bessemer Group Inc. now owns 431 shares of the software maker’s stock worth $88,000 after purchasing an additional 58 shares in the last quarter. Versant Capital Management Inc lifted its stake in HubSpot by 20.5% in the 3rd quarter. Versant Capital Management Inc now owns 370 shares of the software maker’s stock worth $76,000 after purchasing an additional 63 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC lifted its stake in HubSpot by 18.5% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 435 shares of the software maker’s stock worth $106,000 after purchasing an additional 68 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Company Profile

HubSpot, Inc. develops cloud-based customer relationship management software designed to help businesses attract and engage customers, manage sales, and provide customer support. Founded in 2006 by Brian Halligan and Dharmesh Shah, the company helped popularize inbound marketing, an approach focused on drawing customers in with useful content and experiences. Its platform combines a central CRM with products for marketing, sales, customer service, content management, operations, and commerce. HubSpot also offers automation, analytics, and artificial intelligence features to help organizations manage customer interactions and coordinate business processes.