HubSpot (NYSE:HUBS) Given New $260.00 Price Target at Royal Bank Of Canada

HubSpot (NYSE:HUBS) had its price objective cut by stock analysts at Royal Bank Of Canada from $300.00 to $260.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an “outperform” rating on the software maker’s stock. Royal Bank Of Canada‘s price objective suggests a potential upside of 25.28% from the stock’s previous close.

Several other equities research analysts have also recently commented on HUBS. Bank of America restated an “underperform” rating and set a $200.00 price target on shares of HubSpot in a research note on Thursday, August 6th. BTIG Research downgraded HubSpot from a “buy” rating to a “neutral” rating in a report on Thursday. Morgan Stanley lowered shares of HubSpot from an “overweight” rating to an “equal weight” rating and set a $229.00 price objective on the stock. in a research report on Thursday. Oppenheimer cut shares of HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Finally, BMO Capital Markets upped their price objective on shares of HubSpot from $215.00 to $250.00 and gave the stock a “market perform” rating in a research report on Monday, September 21st. Eight investment analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $259.19.

HubSpot Trading Down 4.2%

Shares of HUBS traded down $9.11 during mid-day trading on Thursday, hitting $207.53. 2,339,152 shares of the company’s stock were exchanged, compared to its average volume of 1,733,279. HubSpot has a fifty-two week low of $169.63 and a fifty-two week high of $409.31. The business’s 50 day moving average is $233.82 and its two-hundred day moving average is $230.93. The firm has a market capitalization of $10.35 billion, a P/E ratio of 73.25, a P/E/G ratio of 2.30 and a beta of 1.14.

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

Insider Buying and Selling

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction on 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 sale, the director owned 59,500 shares of the company’s stock, valued at approximately $14,254,415. This represents a 12.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gerald Dischler purchased 925 shares of the company’s stock in a transaction dated 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 transaction, the director owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders sold 25,500 shares of company stock worth $5,990,035. Company insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On HubSpot

Large investors have recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. boosted its stake in shares of HubSpot by 135.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock valued at $41,397,000 after buying an additional 130,433 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in HubSpot during the second quarter worth about $1,366,000. Meeder Asset Management Inc. acquired a new position in HubSpot during the 2nd quarter valued at approximately $5,860,000. The Manufacturers Life Insurance Company grew its stake in HubSpot by 175.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 11,063 shares of the software maker’s stock worth $2,700,000 after buying an additional 7,044 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in HubSpot in the first quarter worth $41,434,000. 90.39% of the stock is owned by institutional investors and hedge funds.

HubSpot News Summary

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 adjusted earnings of $3.81 per share and revenue of $947.57 million topped analyst estimates; revenue grew 17.1% year over year. HubSpot also lifted its 2026 outlook. Q3 earnings and outlook
• Neutral Sentiment: Truist lowered its price target from $275 to $230 but maintained a Buy rating, indicating it still sees potential upside from the current level. Truist recommendations
• Negative Sentiment: Q4 revenue guidance fell short of market expectations, overshadowing the quarterly beat and contributing to concerns about a bumpy transition to outcome-based AI and slower growth. Q4 guidance report
• Negative Sentiment: Several firms turned more cautious: Cantor Fitzgerald cut its rating to Underweight and slashed its target to $170; BTIG, Morgan Stanley, KeyCorp, and Piper Sandler also downgraded or reduced their ratings. These moves add to investor concern despite the earnings beat. Cantor Fitzgerald recommendations

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.