In a report released today, Ryan MacWilliams from Barclays maintained a Hold rating on HubSpot (HUBS – Research Report), with a price target of $575.00. The company’s shares closed yesterday at $590.05.
According to TipRanks, MacWilliams is a 5-star analyst with an average return of 15.6% and a 59.54% success rate. MacWilliams covers the Technology sector, focusing on stocks such as Atlassian, Similarweb, and Five9.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for HubSpot with a $705.95 average price target.
HUBS market cap is currently $30.04B and has a P/E ratio of -222.05.
Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HUBS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
HubSpot (HUBS) Company Description:
HubSpot, Inc. provides cloud-based marketing and sales software platform that enables businesses to deliver an inbound experience. It operates through the following geographical segments: Americas, Europe, and Asia Pacific. The company was founded by Brian Halligan and Dharmesh Shah on April 4, 2005 and is headquartered in Cambridge, MA.
Read More on HUBS:
- HubSpot announces departure of Chief Customer Officer Rob Giglio
- M&A News: GOOGL’s HUBS Acquisition May Spark Antitrust Confrontation
- BofA says Google Cloud Next can boost AI sentiment for Alphabet
- HubSpot price target raised to $750 from $700 at Stifel
- Piper sees strategic sense in Alphabet acquiring HubSpot
