HubSpot (NYSE:HUBS) Stock Moved Down to Neutral by BTIG Research

HubSpot (NYSE:HUBS) was downgraded by equities research analysts at BTIG Research from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, MarketBeat reports.

A number of other brokerages also recently issued reports on HUBS. Royal Bank Of Canada reiterated an “outperform” rating on shares of HubSpot in a research note on Tuesday, October 6th. The Goldman Sachs Group set a $276.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. Wolfe Research cut HubSpot from an “outperform” rating to a “peer perform” rating in a research note on Thursday, August 6th. Weiss Ratings raised HubSpot from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, October 2nd. Finally, Citigroup lifted their price target on HubSpot from $210.00 to $287.00 and gave the company a “neutral” rating in a research note on Tuesday, October 27th. Eight analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, HubSpot currently has an average rating of “Hold” and an average price target of $262.52.

HubSpot Price Performance

Shares of NYSE:HUBS opened at $217.16 on Thursday. The business’s 50 day simple moving average is $233.82 and its 200 day simple moving average is $230.93. HubSpot has a 1 year low of $169.63 and a 1 year high of $476.64. The company has a market capitalization of $10.83 billion, a P/E ratio of 76.74, a P/E/G ratio of 2.30 and a beta of 1.14.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, beating the consensus estimate of $3.27 by $0.54. The firm had revenue of $947.57 million during the quarter, compared to analysts’ expectations of $925.50 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The company’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.66 EPS. On average, sell-side analysts anticipate that HubSpot will post 4.63 EPS for the current fiscal year.

Insiders Place Their Bets

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, October 20th. The stock was 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 of the company’s stock, valued at $14,254,415. This represents a 12.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gerald Dischler bought 925 shares of the company’s stock in a transaction on Monday, August 10th. The stock was purchased at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the transaction, the director directly owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. The trade was a 91.13% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 25,500 shares of company stock worth $5,990,035 in the last 90 days. 3.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HUBS. Assenagon Asset Management S.A. grew its holdings in HubSpot by 135.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock worth $41,397,000 after acquiring an additional 130,433 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of HubSpot during the second quarter valued at $1,366,000. Meeder Asset Management Inc. bought a new position in shares of HubSpot during the second quarter valued at $5,860,000. The Manufacturers Life Insurance Company lifted its holdings in shares of HubSpot by 175.3% during the first quarter. The Manufacturers Life Insurance Company now owns 11,063 shares of the software maker’s stock worth $2,700,000 after purchasing an additional 7,044 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in shares of HubSpot during the first quarter worth $41,434,000. Institutional investors own 90.39% of the company’s stock.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 adjusted earnings were $3.81 per share, ahead of estimates, while revenue of $947.6 million also exceeded expectations and rose 17.1% year over year. HubSpot also raised its full-year 2026 outlook. HubSpot Q3 Adjusted Earnings, Revenue Rise; Q4 Guidance Issued, 2026 Outlook Lifted
• Negative Sentiment: Investors are focused on Q4 revenue guidance that fell short of market expectations, raising concern about near-term growth despite the quarterly beat. Coverage also points to pressure on growth amid HubSpot’s AI transition. HubSpot dips after Q4 guidance comes up short of market expectations HubSpot Q3 2026 Earnings Call Highlights
• Negative Sentiment: Three firms cut their ratings: Morgan Stanley moved to equal weight, KeyCorp to sector weight, and Cantor Fitzgerald to underweight. Cantor set a $170 price target, while Morgan Stanley’s $229 target is above the current share price; the overall wave of downgrades may nevertheless pressure the stock. Morgan Stanley rating KeyCorp rating Cantor Fitzgerald rating

About HubSpot

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.