HubSpot (NYSE:HUBS) Raised to Strong-Buy at Zacks Research

HubSpot (NYSE:HUBS) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other equities research analysts have also commented on HUBS. Cantor Fitzgerald lowered HubSpot from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $325.00 to $200.00 in a research report on Friday, May 8th. Piper Sandler reduced their price target on shares of HubSpot from $260.00 to $250.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Mizuho decreased their price target on shares of HubSpot from $300.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, May 8th. KeyCorp lowered their price objective on shares of HubSpot from $340.00 to $290.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, Canaccord Genuity Group set a $335.00 price objective on shares of HubSpot in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $311.00.

HubSpot Stock Performance

Shares of NYSE:HUBS opened at $209.75 on Monday. The firm has a 50 day simple moving average of $198.73 and a 200 day simple moving average of $247.72. HubSpot has a 52 week low of $169.63 and a 52 week high of $568.16. The company has a market cap of $10.74 billion, a PE ratio of 109.82, a price-to-earnings-growth ratio of 2.38 and a beta of 1.22.

HubSpot (NYSE:HUBS) last released its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The company had revenue of $881.00 million during the quarter, compared to analyst estimates of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The company’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.84 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. On average, equities analysts predict that HubSpot will post 4.39 earnings per share for the current year.

Insider Activity at HubSpot

In other news, Director Lorrie M. Norrington purchased 1,313 shares of HubSpot stock in a transaction dated Monday, May 11th. The stock was acquired at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the acquisition, the director directly owned 2,838 shares in the company, valued at $540,411.96. This represents a 86.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Erika Ashley Fisher sold 915 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $236.66, for a total value of $216,543.90. Following the completion of the sale, the insider directly owned 16,270 shares of the company’s stock, valued at approximately $3,850,458.20. The trade was a 5.32% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders bought 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $5,567,244. Company insiders own 3.70% of the company’s stock.

Institutional Trading of HubSpot

Several large investors have recently added to or reduced their stakes in HUBS. Empowered Funds LLC increased its stake in shares of HubSpot by 88.5% during the 1st quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock worth $897,000 after purchasing an additional 737 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of HubSpot by 12.1% in the 2nd quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock valued at $2,665,000 after purchasing an additional 516 shares during the last quarter. Treasurer of the State of North Carolina boosted its holdings in HubSpot by 4.7% in the second quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock worth $13,222,000 after purchasing an additional 1,077 shares in the last quarter. Osterweis Capital Management Inc. acquired a new stake in shares of HubSpot in the second quarter worth about $34,000. Finally, Alliancebernstein L.P. lifted its holdings in HubSpot by 35.0% in the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after purchasing an additional 97,469 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

About HubSpot

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.