HubSpot (NYSE: HUBS) has recently received a number of price target changes and ratings updates:

  • 10/3/2017 – HubSpot was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $95.00 price target on the stock. According to Zacks, “HubSpot’s cloud-based inbound marketing and sales applications are gaining widespread adoption as evident from the growing customer base, which expanded to more than 34K at the end of second quarter 2017. We note that the stock has outperformed the industry on a year-to-date basis. Recently, management raised the guidance for third-quarter 2017 driven by strong momentum from the One HubSpot initiative, cross-selling opportunities, growing marketing agency network and expanding international footprint. However, we believe that the $50 per month marketing starter product will hurt average subscription revenue (ASR) per customer, at least in the near term. Moreover, mounting losses remain a concern for investors.”
  • 9/28/2017 – HubSpot had its price target raised by analysts at Cowen and Company from $69.00 to $76.00. They now have a “market perform” rating on the stock.
  • 9/27/2017 – HubSpot had its price target raised by analysts at Bank of America Corporation from $88.00 to $92.00. They now have a “buy” rating on the stock.
  • 9/27/2017 – HubSpot had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $86.00 price target on the stock.
  • 9/27/2017 – HubSpot had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $83.00 price target on the stock.
  • 9/27/2017 – HubSpot had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings, Inc.. They now have a $82.00 price target on the stock.
  • 9/27/2017 – HubSpot had its “outperform” rating reaffirmed by analysts at UBS AG. They now have a $82.00 price target on the stock, up previously from $80.00.
  • 9/25/2017 – HubSpot had its price target raised by analysts at Morgan Stanley from $84.00 to $88.00. They now have an “overweight” rating on the stock.
  • 9/19/2017 – HubSpot had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $80.00 price target on the stock.
  • 9/18/2017 – HubSpot is now covered by analysts at Evercore ISI. They set an “outperform” rating and a $90.00 price target on the stock.
  • 9/8/2017 – HubSpot is now covered by analysts at Evercore ISI. They set an “outperform” rating and a $90.00 price target on the stock.
  • 9/2/2017 – HubSpot was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.

HubSpot, Inc. (HUBS) opened at 84.15 on Wednesday. The stock’s market cap is $3.12 billion. HubSpot, Inc. has a 52-week low of $44.90 and a 52-week high of $86.90. The stock has a 50 day moving average price of $75.62 and a 200 day moving average price of $69.96.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.08. The company had revenue of $89.10 million during the quarter, compared to the consensus estimate of $85.80 million. HubSpot had a negative return on equity of 27.99% and a negative net margin of 13.17%. HubSpot’s revenue was up 37.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.07) EPS. On average, equities research analysts forecast that HubSpot, Inc. will post $0.09 EPS for the current year.

In other HubSpot news, insider Hunter Madeley sold 16,000 shares of the business’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $72.77, for a total value of $1,164,320.00. Following the completion of the transaction, the insider now directly owns 84,549 shares in the company, valued at approximately $6,152,630.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO John Kinzer sold 15,000 shares of the business’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $67.23, for a total value of $1,008,450.00. Following the completion of the transaction, the chief financial officer now owns 92,380 shares of the company’s stock, valued at $6,210,707.40. The disclosure for this sale can be found here. Insiders sold a total of 63,000 shares of company stock valued at $4,589,420 over the last quarter. 12.10% of the stock is currently owned by insiders.

HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.

Receive News & Ratings for HubSpot Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HubSpot Inc and related companies with MarketBeat.com's FREE daily email newsletter.