TD Cowen Has Lowered Expectations for HubSpot (NYSE:HUBS) Stock Price

HubSpot (NYSE:HUBS) had its price target cut by analysts at TD Cowen from $260.00 to $215.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “hold” rating on the software maker’s stock. TD Cowen‘s target price points to a potential upside of 6.91% from the company’s previous close.

A number of other brokerages have also commented on HUBS. Piper Sandler cut their price objective on shares of HubSpot from $220.00 to $200.00 and set a “neutral” rating on the stock in a report on Thursday. The Goldman Sachs Group set a $276.00 target price on HubSpot in a research note on Thursday, August 6th. KeyCorp lowered HubSpot from an “overweight” rating to a “sector weight” rating in a research report on Thursday. Wells Fargo & Company dropped their target price on HubSpot from $250.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Thursday. Finally, Zacks Research cut HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Eight equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $257.65.

HubSpot Stock Down 1.9%

Shares of HUBS traded down $3.85 during mid-day trading on Thursday, reaching $201.11. 2,127,106 shares of the stock traded hands, compared to its average volume of 1,037,110. The stock has a fifty day simple moving average of $232.10 and a 200 day simple moving average of $229.88. HubSpot has a 12-month low of $169.63 and a 12-month high of $406.94. The firm has a market cap of $10.03 billion, a price-to-earnings ratio of 48.00, a P/E/G ratio of 2.37 and a beta of 1.14.

HubSpot (NYSE:HUBS) last announced its earnings results on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, beating the consensus estimate of $3.27 by $0.54. The business had revenue of $947.57 million during the quarter, compared to the consensus estimate of $925.50 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.66 earnings per share. On average, equities research analysts expect that HubSpot will post 5.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total value of $2,036,345.00. Following the completion of the sale, the director directly owned 59,500 shares of the company’s stock, valued at $14,254,415. The trade was a 12.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Erika Fisher sold 702 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $227.72, for a total value of $159,859.44. Following the completion of the sale, the insider directly owned 12,829 shares of the company’s stock, valued at approximately $2,921,419.88. This represents a 5.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 26,202 shares of company stock worth $6,149,894. Corporate insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in HUBS. BlackRock Inc. bought a new stake in shares of HubSpot in the 2nd quarter valued at approximately $631,386,000. Pictet Asset Management Holding SA lifted its stake in HubSpot by 2.0% during the third quarter. Pictet Asset Management Holding SA now owns 1,689,478 shares of the software maker’s stock worth $346,208,000 after purchasing an additional 33,728 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in HubSpot by 352.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares during the last quarter. Amundi lifted its stake in HubSpot by 33.4% during the first quarter. Amundi now owns 586,037 shares of the software maker’s stock worth $143,052,000 after purchasing an additional 146,871 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in HubSpot in the second quarter worth $112,671,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Trending Headlines about HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 revenue rose 17.1% year over year to $947.6 million, adjusted EPS of $3.81 topped estimates, and HubSpot added 5,300 net customers. The company also raised its full-year 2026 outlook. HubSpot: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Insider Erika Fisher sold 702 shares for about $160,000, reducing her direct stake by 5.19%; she retained 12,829 shares, making the sale a relatively limited signal. HubSpot insider share sale
• Negative Sentiment: Q4 revenue guidance of $945 million–$947 million fell short of market expectations, overshadowing the Q3 beat. Reports also point to AI-related growth headwinds and customers demanding clearer proof of value before purchasing, which could slow sales. HubSpot Q4 revenue outlook and AI headwinds Customers want proof of value
• Negative Sentiment: Several firms downgraded HubSpot or cut price targets after the results and outlook, including Cantor Fitzgerald, Morgan Stanley, KeyCorp and BTIG. The broadening analyst caution adds pressure despite some firms retaining Buy or Outperform ratings. Analyst downgrades after Q3 results and guidance

HubSpot Company Profile

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.