HubSpot (NYSE:HUBS) Price Target Cut to $230.00 by Analysts at Citigroup

HubSpot (NYSE:HUBS) had its target price decreased by Citigroup from $287.00 to $230.00 in a research report released on Friday morning,Benzinga reports. Citigroup currently has a neutral rating on the software maker’s stock.

A number of other equities research analysts have also commented on the company. Zacks Research lowered HubSpot from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Weiss Ratings raised shares of HubSpot from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, October 2nd. Barclays reduced their target price on shares of HubSpot from $240.00 to $222.00 and set an “equal weight” rating for the company in a research note on Thursday. Bank of America reiterated an “underperform” rating and issued a $200.00 target price on shares of HubSpot in a research note on Thursday, August 6th. Finally, BTIG Research downgraded shares of HubSpot from a “buy” rating to a “neutral” rating in a report on Thursday. Eight equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $257.65.

HubSpot Price Performance

Shares of NYSE HUBS traded down $3.85 during mid-day trading on Friday, reaching $201.11. 2,127,106 shares of the company’s stock traded hands, compared to its average volume of 1,037,110. The stock has a market cap of $10.03 billion, a P/E ratio of 48.00, a PEG ratio of 2.37 and a beta of 1.14. The business has a 50-day simple moving average of $232.10 and a 200 day simple moving average of $229.88. HubSpot has a 1-year low of $169.63 and a 1-year high of $406.94.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.27 by $0.54. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company had revenue of $947.57 million for the quarter, compared to analyst estimates of $925.50 million. During the same quarter in the prior year, the business posted $2.66 EPS. The firm’s revenue was up 17.1% compared to the same quarter last year. Equities research analysts anticipate that HubSpot will post 5.48 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other HubSpot news, Director Gerald Dischler bought 925 shares of the stock in a transaction dated Monday, August 10th. The shares were bought at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the purchase, the director directly owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Erika Fisher sold 702 shares of HubSpot stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $227.72, for a total value of $159,859.44. Following the sale, the insider owned 12,829 shares in the company, valued at $2,921,419.88. The trade was a 5.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 26,202 shares of company stock valued at $6,149,894. Insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On HubSpot

Several institutional investors have recently added to or reduced their stakes in the stock. Miller Financial Services LLC raised its position in HubSpot by 2.9% in the third quarter. Miller Financial Services LLC now owns 1,405 shares of the software maker’s stock worth $288,000 after acquiring an additional 40 shares during the period. Diversified Trust Co grew its position in shares of HubSpot by 0.7% during the 3rd quarter. Diversified Trust Co now owns 7,643 shares of the software maker’s stock valued at $1,567,000 after acquiring an additional 52 shares during the period. Versant Capital Management Inc grew its position in shares of HubSpot by 20.5% during the 3rd quarter. Versant Capital Management Inc now owns 370 shares of the software maker’s stock valued at $76,000 after acquiring an additional 63 shares during the period. Basecamp Wealth Advisors LLC increased its stake in shares of HubSpot by 18.5% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 435 shares of the software maker’s stock worth $106,000 after purchasing an additional 68 shares during the last quarter. Finally, Elevation Wealth Partners LLC increased its stake in shares of HubSpot by 66.7% during the 3rd quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock worth $36,000 after purchasing an additional 70 shares during the last quarter. Institutional investors 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.