Bank of America Issues Pessimistic Forecast for HubSpot (NYSE:HUBS) Stock Price

HubSpot (NYSE:HUBS) had its target price lowered by analysts at Bank of America from $640.00 to $515.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the software maker’s stock. Bank of America‘s price target indicates a potential upside of 29.45% from the stock’s current price.

HUBS has been the subject of several other research reports. UBS Group reaffirmed an “outperform” rating on shares of HubSpot in a report on Wednesday, September 3rd. Sanford C. Bernstein upgraded HubSpot from a “market perform” rating to an “outperform” rating and set a $606.00 price target for the company in a research note on Wednesday, September 3rd. BMO Capital Markets lowered their price objective on shares of HubSpot from $600.00 to $550.00 and set an “outperform” rating on the stock in a research note on Friday, October 24th. Oppenheimer dropped their price objective on shares of HubSpot from $750.00 to $550.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $900.00 target price on shares of HubSpot in a report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $626.50.

HubSpot Stock Performance

Shares of NYSE:HUBS traded up $2.88 during midday trading on Thursday, reaching $397.83. 1,358,850 shares of the company’s stock traded hands, compared to its average volume of 808,891. HubSpot has a one year low of $375.01 and a one year high of $881.13. The company has a market cap of $20.84 billion, a price-to-earnings ratio of -4,972.91, a P/E/G ratio of 13.65 and a beta of 1.60. The stock has a 50 day moving average of $475.10 and a 200 day moving average of $527.99.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, November 5th. The software maker reported $2.66 earnings per share for the quarter, topping analysts’ consensus estimates of $2.58 by $0.08. HubSpot had a positive return on equity of 1.21% and a negative net margin of 0.12%.The business had revenue of $809.52 million during the quarter, compared to analyst estimates of $786.80 million. During the same quarter in the previous year, the firm earned $2.18 EPS. HubSpot’s revenue was up 20.9% on a year-over-year basis. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. Sell-side analysts predict that HubSpot will post 1.01 EPS for the current fiscal year.

Insider Activity

In related news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $449.84, for a total value of $3,823,640.00. Following the completion of the transaction, the director owned 522,435 shares of the company’s stock, valued at approximately $235,012,160.40. This represents a 1.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Kathryn Bueker sold 615 shares of the firm’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $500.00, for a total value of $307,500.00. Following the sale, the chief financial officer directly owned 38,794 shares in the company, valued at approximately $19,397,000. This represents a 1.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 51,098 shares of company stock worth $24,757,257 in the last quarter. Corporate insiders own 4.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in HubSpot by 19.2% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 9,533 shares of the software maker’s stock worth $5,306,000 after acquiring an additional 1,533 shares in the last quarter. Moody Lynn & Lieberson LLC raised its position in HubSpot by 2,038.1% during the second quarter. Moody Lynn & Lieberson LLC now owns 20,953 shares of the software maker’s stock valued at $11,663,000 after purchasing an additional 19,973 shares during the period. Acadian Asset Management LLC lifted its stake in shares of HubSpot by 15.0% in the 1st quarter. Acadian Asset Management LLC now owns 5,059 shares of the software maker’s stock valued at $2,888,000 after purchasing an additional 660 shares during the last quarter. Nordea Investment Management AB lifted its stake in shares of HubSpot by 74.4% in the 2nd quarter. Nordea Investment Management AB now owns 16,043 shares of the software maker’s stock valued at $8,921,000 after purchasing an additional 6,846 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in HubSpot by 4.6% during the first quarter. Principal Financial Group Inc. now owns 28,755 shares of the software maker’s stock worth $16,427,000 after buying an additional 1,276 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Company Profile

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.