Barclays analyst Ryan MacWilliams maintains $HubSpot (HUBS.US)$ with a hold rating, and adjusts the target price from $500 to $650.
According to TipRanks data, the analyst has a success rate of 61.5% and a total average return of 15.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $HubSpot (HUBS.US)$'s main analysts recently are as follows:
Post-Q3 reporting, there's a more positive outlook on the demand environment, with a sense of optimism around the potential for increased upgrades stemming from the seat-based pricing model.
HubSpot's robust performance in Q3 is a reflection of strong execution against key growth initiatives, which resulted in impressive results across growth metrics. The company experienced positive outcomes from efforts aimed at both larger and smaller market segments.
HubSpot's third-quarter performance was solid, meeting investor expectations with 20% growth in revenue and billings. This outcome represents only a slight slow-down from the low-20s growth observed in the first half of 2024.
Note:
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