On Nov 08, major Wall Street analysts update their ratings for $HubSpot (HUBS.US)$, with price targets ranging from $610 to $750.
Morgan Stanley analyst Elizabeth Porter maintains with a buy rating, and adjusts the target price from $638 to $747.
Goldman Sachs analyst Gabriela Borges maintains with a buy rating, and adjusts the target price from $626 to $690.
J.P. Morgan analyst Mark Murphy maintains with a buy rating, and adjusts the target price from $560 to $635.
Barclays analyst Ryan MacWilliams maintains with a hold rating, and adjusts the target price from $500 to $650.
UBS analyst Taylor McGinnis maintains with a hold rating, and adjusts the target price from $550 to $650.
Furthermore, according to the comprehensive report, the opinions of $HubSpot (HUBS.US)$'s main analysts recently are as follows:
The demand climate for HubSpot seems incrementally positive, with expectations leaning towards a favorable reception of the seat-based pricing model.
HubSpot demonstrated robust execution in their core growth strategies, which translated into strong third-quarter performance across various growth measures. Insights indicate that strength was observed in both up-market and down-market segments, contributing to the positive outcome.
HubSpot demonstrated a solid performance in Q3, meeting investor expectations with a 20% increase in revenue and billings. This growth represents only a slight slowdown from the low-20s percentage growth observed in the first half of 2024.
HubSpot reported a strong quarter that exceeded expectations, showcasing an increase in revenue, billings, and operating margin that align with recent trends, amidst an unchanged macroeconomic environment. The company also experienced an acceleration in upmarket momentum.
HubSpot's Q3 billings and revenue surpassed consensus and investor expectations, according to an analyst. The management pointed to significant deals and momentum across multiple hubs, indicating the platform's enhanced alignment with upmarket needs. This performance reflects the exceedingly positive reactions from partners and customers following a recent event.
Here are the latest investment ratings and price targets for $HubSpot (HUBS.US)$ from 18 analysts:
Note:
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