HubSpot (NYSE:HUBS) Shares Gap Up – Should You Buy?

HubSpot, Inc. (NYSE:HUBS) shares gapped up prior to trading on Thursday . The stock had previously closed at $222.45, but opened at $233.00. HubSpot shares last traded at $229.1190, with a volume of 332,168 shares traded.

Analyst Ratings Changes

HUBS has been the subject of a number of recent analyst reports. Evercore set a $225.00 price objective on HubSpot in a research report on Friday, May 8th. JPMorgan Chase & Co. dropped their price target on HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. The Goldman Sachs Group restated a “buy” rating and set a $382.00 price target on shares of HubSpot in a research note on Friday, May 8th. BTIG Research restated a “buy” rating and set a $300.00 price target on shares of HubSpot in a research note on Tuesday, April 21st. Finally, Citigroup lowered HubSpot from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $321.00 to $230.00 in a research note on Friday, May 8th. Twenty-two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $311.00.

HubSpot Stock Performance

The stock has a 50 day moving average of $219.59 and a 200-day moving average of $285.45. The company has a market cap of $11.47 billion, a PE ratio of 116.99, a price-to-earnings-growth ratio of 2.63 and a beta of 1.21.

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, beating analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The company had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. During the same period in the previous year, the company posted $1.84 earnings per share. HubSpot’s revenue for the quarter was up 23.4% on a year-over-year basis. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Equities research analysts forecast that HubSpot, Inc. will post 4.39 EPS for the current year.

Insider Transactions at HubSpot

In other HubSpot news, Director Lorrie M. Norrington purchased 1,313 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of $190.42 per share, for a total transaction of $250,021.46. Following the purchase, the director directly owned 2,838 shares in the company, valued at approximately $540,411.96. This trade represents a 86.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $220.00, for a total value of $1,870,000.00. Following the completion of the sale, the director owned 353,500 shares in the company, valued at approximately $77,770,000. The trade was a 2.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have bought 14,063 shares of company stock worth $2,585,781 and have sold 26,207 shares worth $6,233,049. 3.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On HubSpot

Several institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its position in shares of HubSpot by 36.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after purchasing an additional 1,224,424 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of HubSpot by 352.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares in the last quarter. Capital World Investors purchased a new stake in shares of HubSpot during the fourth quarter worth approximately $259,930,000. AQR Capital Management LLC increased its position in shares of HubSpot by 117.6% during the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock worth $477,138,000 after purchasing an additional 642,545 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its position in shares of HubSpot by 32.7% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock worth $776,714,000 after purchasing an additional 476,740 shares in the last quarter. 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.