Zacks Research Downgrades HubSpot (NYSE:HUBS) to Hold

HubSpot (NYSE:HUBS) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

HUBS has been the subject of a number of other research reports. BTIG Research decreased their target price on shares of HubSpot from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Wall Street Zen downgraded shares of HubSpot from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Canaccord Genuity Group cut their price objective on HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Oppenheimer cut HubSpot from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of HubSpot in a research note on Wednesday, June 24th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $268.90.

HubSpot Price Performance

NYSE:HUBS opened at $240.52 on Wednesday. The stock has a market cap of $11.99 billion, a PE ratio of 84.99, a price-to-earnings-growth ratio of 2.15 and a beta of 1.19. HubSpot has a fifty-two week low of $169.63 and a fifty-two week high of $525.51. The stock’s 50-day moving average is $205.60 and its two-hundred day moving average is $226.25.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. During the same period in the prior year, the firm earned $2.19 earnings per share. The firm’s revenue was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, equities research analysts anticipate that HubSpot will post 4.54 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Erika Ashley Fisher sold 702 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the transaction, the insider owned 14,581 shares in the company, valued at $3,429,742.82. This represents a 4.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gerald Dischler purchased 925 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were acquired at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the acquisition, the director directly owned 1,940 shares in the company, valued at $418,904.20. This represents a 91.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 26,202 shares of company stock valued at $5,481,959 over the last ninety days. Corporate insiders own 3.70% of the company’s stock.

Institutional Trading of HubSpot

Institutional investors and hedge funds have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD increased its holdings in shares of HubSpot by 36.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock valued at $1,838,727,000 after acquiring an additional 1,224,424 shares during the last quarter. BlackRock Inc. acquired a new stake in HubSpot in the 2nd quarter worth approximately $631,386,000. Pictet Asset Management Holding SA grew its holdings in HubSpot by 13.1% during the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock valued at $533,993,000 after purchasing an additional 252,604 shares during the last quarter. State Street Corp raised its position in shares of HubSpot by 3.7% in the fourth quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after purchasing an additional 42,948 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of HubSpot by 117.6% in the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock worth $477,138,000 after buying an additional 642,545 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Company Profile

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.