HubSpot (NYSE:HUBS) Price Target Raised to $250.00

HubSpot (NYSE:HUBS) had its price target raised by research analysts at Wells Fargo & Company from $200.00 to $250.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has an “equal weight” rating on the software maker’s stock. Wells Fargo & Company‘s price target points to a potential downside of 1.17% from the stock’s current price.

HUBS has been the topic of a number of other research reports. Wolfe Research downgraded shares of HubSpot from an “outperform” rating to a “peer perform” rating in a report on Thursday, August 6th. Needham & Company LLC restated a “buy” rating and set a $300.00 price objective on shares of HubSpot in a research report on Tuesday, October 6th. Royal Bank Of Canada restated an “outperform” rating on shares of HubSpot in a report on Tuesday, October 6th. Weiss Ratings raised shares of HubSpot from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 2nd. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of HubSpot in a research report on Wednesday, October 7th. Eleven research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $272.13.

HubSpot Stock Performance

HUBS stock traded up $2.16 during midday trading on Wednesday, hitting $252.95. The company’s stock had a trading volume of 152,637 shares, compared to its average volume of 1,727,696. The firm’s 50-day moving average is $234.37 and its 200-day moving average is $234.69. HubSpot has a 12 month low of $169.63 and a 12 month high of $497.96.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. The business had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. The firm’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same period in the previous year, the business posted $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 forecast that HubSpot will post 4.63 earnings per share for the current fiscal year.

Insider Transactions at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the completion of the sale, the director directly owned 59,500 shares in the company, valued at approximately $14,254,415. The trade was a 12.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Erika Fisher sold 702 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the sale, the insider owned 14,581 shares of the company’s stock, valued at $3,429,742.82. This trade represents a 4.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 26,202 shares of company stock worth $6,155,159 in the last quarter. Company insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HUBS. BlackRock Inc. bought a new stake in HubSpot during the second quarter valued at about $631,386,000. Arrowstreet Capital Limited Partnership lifted its position in shares of HubSpot by 352.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after buying an additional 703,706 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of HubSpot during the 2nd quarter valued at about $112,671,000. Amundi lifted its position in shares of 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 in the last quarter. Finally, Bank of America Corp DE bought a new position in shares of HubSpot during the 2nd quarter valued at approximately $70,174,000. 90.39% of the stock is currently owned by institutional investors.

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.