11 analysts have expressed a variety of opinions on HubSpot (NYSE:HUBS) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 4 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 6 | 2 | 1 | 0 | 0 |
Analysts have set 12-month price targets for HubSpot, revealing an average target of $681.09, a high estimate of $767.00, and a low estimate of $575.00. A 5.02% drop is evident in the current average compared to the previous average price target of $717.09.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of HubSpot's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Michael Turrin | Wells Fargo | Lowers | Overweight | $650.00 | $750.00 |
| Michael Turrin | Wells Fargo | Raises | Overweight | $750.00 | $725.00 |
| Drew Foster | Citigroup | Lowers | Buy | $767.00 | $798.00 |
| Joshua Reilly | Needham | Maintains | Buy | $730.00 | $730.00 |
| Richard Davis | Canaccord Genuity | Lowers | Buy | $700.00 | $750.00 |
| Derrick Wood | TD Cowen | Lowers | Buy | $680.00 | $700.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $635.00 | $710.00 |
| Ryan Macwilliams | Barclays | Lowers | Equal-Weight | $575.00 | $600.00 |
| Parker Lane | Stifel | Lowers | Buy | $700.00 | $750.00 |
| Siti Panigrahi | Mizuho | Lowers | Buy | $650.00 | $700.00 |
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $655.00 | $675.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to HubSpot. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of HubSpot compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for HubSpot's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into HubSpot's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on HubSpot analyst ratings.
Unveiling the Story Behind HubSpot
HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot's mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly. The company was founded in 2006, completed its initial public offering in 2014, and is headquartered in Cambridge, Massachusetts.
HubSpot's Economic Impact: An Analysis
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, HubSpot showcased positive performance, achieving a revenue growth rate of 23.08% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: HubSpot's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 0.96%, the company may face hurdles in effective cost management.
Return on Equity (ROE): HubSpot's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.43%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): HubSpot's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.19%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.53, HubSpot adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.