Scotiabank Has Bullish Outlook for HubSpot FY2025 Earnings

HubSpot, Inc. (NYSE:HUBS - Free Report) - Investment analysts at Scotiabank lifted their FY2025 earnings per share (EPS) estimates for shares of HubSpot in a report released on Wednesday, March 19th. Scotiabank analyst N. Altmann now anticipates that the software maker will post earnings per share of $0.85 for the year, up from their previous estimate of $0.83. Scotiabank has a "Sector Outperform" rating and a $900.00 price objective on the stock. The consensus estimate for HubSpot's current full-year earnings is $1.01 per share.

HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%.

HUBS has been the topic of a number of other reports. Needham & Company LLC raised their target price on HubSpot from $730.00 to $900.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. William Blair reissued an "outperform" rating on shares of HubSpot in a report on Thursday, February 13th. JPMorgan Chase & Co. boosted their price objective on HubSpot from $635.00 to $725.00 and gave the company an "overweight" rating in a research report on Tuesday, February 11th. TD Cowen lowered HubSpot from a "buy" rating to a "hold" rating and increased their target price for the company from $680.00 to $725.00 in a research report on Friday, January 17th. Finally, Morgan Stanley boosted their price target on shares of HubSpot from $835.00 to $898.00 and gave the stock an "overweight" rating in a report on Thursday, February 13th. Five analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $848.58.

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HubSpot Trading Down 2.5 %

HUBS traded down $15.36 on Monday, reaching $593.32. The stock had a trading volume of 446,112 shares, compared to its average volume of 603,200. The business's 50-day moving average price is $710.31 and its two-hundred day moving average price is $657.69. The company has a market cap of $30.94 billion, a P/E ratio of 6,593.13, a price-to-earnings-growth ratio of 41.44 and a beta of 1.80. HubSpot has a 12-month low of $434.84 and a 12-month high of $881.13.

Institutional Investors Weigh In On HubSpot

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quest Partners LLC increased its stake in shares of HubSpot by 125.6% during the third quarter. Quest Partners LLC now owns 871 shares of the software maker's stock worth $463,000 after acquiring an additional 485 shares during the period. Caprock Group LLC boosted its holdings in shares of HubSpot by 16.8% during the third quarter. Caprock Group LLC now owns 673 shares of the software maker's stock worth $358,000 after purchasing an additional 97 shares during the last quarter. Intech Investment Management LLC lifted its holdings in shares of HubSpot by 14.9% during the 3rd quarter. Intech Investment Management LLC now owns 2,788 shares of the software maker's stock worth $1,482,000 after acquiring an additional 362 shares during the period. Charles Schwab Investment Management Inc. increased its stake in HubSpot by 2.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 194,538 shares of the software maker's stock worth $103,416,000 after acquiring an additional 4,331 shares during the last quarter. Finally, Citigroup Inc. increased its position in shares of HubSpot by 17.4% in the third quarter. Citigroup Inc. now owns 26,285 shares of the software maker's stock worth $13,973,000 after acquiring an additional 3,895 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at HubSpot

In related news, CEO Yamini Rangan sold 3,057 shares of HubSpot stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $701.59, for a total value of $2,144,760.63. Following the completion of the transaction, the chief executive officer now owns 54,079 shares in the company, valued at approximately $37,941,285.61. The trade was a 5.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $607.48, for a total value of $5,163,580.00. Following the completion of the sale, the insider now owns 527,233 shares in the company, valued at approximately $320,283,502.84. The trade was a 1.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,425 shares of company stock worth $15,866,151. 4.50% of the stock is currently owned by company insiders.

About HubSpot

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.