HubSpot (NYSE:HUBS) Shares Up 8.2% – What’s Next?

HubSpot, Inc. (NYSE:HUBS)’s stock price shot up 8.2% on Friday . The stock traded as high as $212.76 and last traded at $215.09. 444,199 shares traded hands during trading, a decline of 74% from the average session volume of 1,731,993 shares. The stock had previously closed at $198.80.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HUBS. Evercore set a $225.00 target price on shares of HubSpot in a research report on Friday, May 8th. Wall Street Zen downgraded shares of HubSpot from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 19th. BMO Capital Markets dropped their price objective on shares of HubSpot from $285.00 to $230.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Needham & Company LLC dropped their price objective on shares of HubSpot from $700.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Finally, BNP Paribas Exane downgraded shares of HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price objective on the stock. in a report on Monday, May 11th. Twenty-two analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $311.00.

HubSpot Price Performance

The stock’s fifty day moving average is $221.58 and its 200-day moving average is $289.82. The stock has a market capitalization of $11.15 billion, a PE ratio of 113.86, a P/E/G ratio of 2.20 and a beta of 1.23.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The firm had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. During the same period in the prior year, the firm posted $1.84 earnings per share. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. On average, analysts forecast that HubSpot, Inc. will post 4.39 EPS for the current year.

Insider Activity

In other news, Director Lorrie M. Norrington purchased 1,313 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of $190.42 per share, with a total value of $250,021.46. Following the completion of the acquisition, the director owned 2,838 shares of the company’s stock, valued at approximately $540,411.96. This represents a 86.10% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Dharmesh Shah purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were purchased at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the acquisition, the chief technology officer directly owned 1,295,400 shares of the company’s stock, valued at $234,946,698. This represents a 0.78% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $6,233,049. 4.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On HubSpot

A number of large investors have recently added to or reduced their stakes in HUBS. Strategic Advocates LLC acquired a new position in HubSpot during the third quarter worth $25,000. Turning Point Benefit Group Inc. acquired a new position in HubSpot during the third quarter worth $25,000. Rakuten Securities Inc. raised its position in HubSpot by 783.3% during the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after acquiring an additional 47 shares during the period. Westside Investment Management Inc. raised its position in HubSpot by 80.5% during the third quarter. Westside Investment Management Inc. now owns 74 shares of the software maker’s stock worth $33,000 after acquiring an additional 33 shares during the period. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in shares of HubSpot in the fourth quarter valued at about $33,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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.