Stifel Nicolaus Cuts HubSpot (NYSE:HUBS) Price Target to $550.00

HubSpot (NYSE:HUBS) had its price target cut by Stifel Nicolaus from $600.00 to $550.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the software maker’s stock.

A number of other equities analysts have also recently issued reports on HUBS. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $775.00 price objective on shares of HubSpot in a research note on Friday, October 3rd. Mizuho cut their price target on HubSpot from $700.00 to $550.00 and set an “outperform” rating on the stock in a research note on Thursday. Wells Fargo & Company began coverage on HubSpot in a research note on Tuesday, September 30th. They set an “overweight” rating and a $685.00 price objective for the company. Raymond James Financial dropped their price objective on HubSpot from $825.00 to $655.00 and set an “outperform” rating for the company in a report on Thursday, August 7th. Finally, Macquarie reduced their target price on HubSpot from $730.00 to $660.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. One equities 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 issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $626.50.

HubSpot Price Performance

Shares of HubSpot stock opened at $397.83 on Thursday. The firm has a 50 day simple moving average of $475.10 and a 200 day simple moving average of $527.88. HubSpot has a fifty-two week low of $375.01 and a fifty-two week high of $881.13. The firm has a market cap of $20.84 billion, a P/E ratio of -4,972.91, a P/E/G ratio of 13.77 and a beta of 1.60.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, November 5th. The software maker reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.58 by $0.08. The firm had revenue of $809.52 million during the quarter, compared to analysts’ expectations of $786.80 million. HubSpot had a positive return on equity of 1.21% and a negative net margin of 0.12%.The company’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.18 EPS. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. On average, sell-side analysts expect that HubSpot will post 1.01 EPS for the current year.

Insider Buying and Selling at HubSpot

In other news, CEO Yamini Rangan sold 2,387 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $500.00, for a total value of $1,193,500.00. Following the completion of the sale, the chief executive officer owned 56,277 shares of the company’s stock, valued at approximately $28,138,500. This represents a 4.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Dharmesh Shah sold 17,253 shares of HubSpot stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $500.66, for a total transaction of $8,637,886.98. Following the completion of the transaction, the chief technology officer directly owned 1,275,805 shares of the company’s stock, valued at approximately $638,744,531.30. This trade represents a 1.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 51,098 shares of company stock worth $24,757,257 in the last three months. 4.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On HubSpot

Several institutional investors and hedge funds have recently modified their holdings of the stock. Goodman Advisory Group LLC bought a new position in HubSpot in the 2nd quarter valued at about $27,000. Whittier Trust Co. increased its stake in shares of HubSpot by 136.4% during the second quarter. Whittier Trust Co. now owns 52 shares of the software maker’s stock worth $29,000 after purchasing an additional 30 shares during the period. Exane Asset Management acquired a new stake in HubSpot during the 3rd quarter worth approximately $30,000. Rakuten Securities Inc. lifted its holdings in HubSpot by 783.3% during the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after purchasing an additional 47 shares during the last quarter. Finally, Hilltop National Bank bought a new stake in HubSpot in the 2nd quarter valued at $32,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

About HubSpot

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.