HubSpot (NYSE:HUBS) Downgraded by Wells Fargo & Company to “Hold”

Wells Fargo & Company cut shares of HubSpot (NYSE:HUBSFree Report) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

Several other equities analysts have also recently commented on HUBS. Royal Bank Of Canada cut their target price on shares of HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Jefferies Financial Group reissued a “buy” rating and set a $250.00 target price on shares of HubSpot in a research report on Friday, May 8th. Wall Street Zen lowered HubSpot from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. BMO Capital Markets reduced their price objective on HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. Finally, Truist Financial decreased their price objective on HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and an average target price of $308.32.

View Our Latest Analysis on HUBS

HubSpot Stock Performance

Shares of NYSE:HUBS opened at $231.77 on Monday. The stock’s 50-day moving average is $199.33 and its 200-day moving average is $242.76. The company has a market cap of $11.87 billion, a P/E ratio of 121.35, a P/E/G ratio of 2.45 and a beta of 1.22. HubSpot has a 52-week low of $169.63 and a 52-week high of $568.16.

HubSpot (NYSE:HUBSGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.25. The business had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The firm’s revenue was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.84 EPS. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, equities analysts predict that HubSpot will post 4.39 EPS for the current year.

Insider Buying and Selling at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $184.42, for a total value of $1,567,570.00. Following the sale, the director directly owned 93,500 shares in the company, valued at $17,243,270. This represents a 8.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lorrie M. Norrington acquired 1,313 shares of the company’s stock in a transaction on Monday, May 11th. The shares were bought at an average price of $190.42 per share, with a total value of $250,021.46. Following the completion of the purchase, the director directly owned 2,838 shares of the company’s stock, valued at approximately $540,411.96. This represents a 86.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have purchased 14,063 shares of company stock worth $2,585,781 and have sold 17,915 shares worth $3,654,114. Corporate insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On HubSpot

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. bought a new position in shares of HubSpot in the third quarter valued at approximately $25,000. Rakuten Securities Inc. increased its holdings in HubSpot by 783.3% during the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after purchasing an additional 47 shares in the last quarter. Cary Street Partners Investment Advisory LLC acquired a new stake in HubSpot during the 4th quarter valued at $33,000. Osterweis Capital Management Inc. bought a new position in HubSpot in the 2nd quarter valued at $34,000. Finally, Larson Financial Group LLC raised its position in HubSpot by 378.9% in the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock valued at $37,000 after purchasing an additional 72 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

About HubSpot

(Get Free Report)

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.

Further Reading

Analyst Recommendations for HubSpot (NYSE:HUBS)

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