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 62.5% and a total average return of 16.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $HubSpot (HUBS.US)$'s main analysts recently are as follows:
The demand environment for HubSpot appears somewhat more positive following the Q3 report, with a sense of optimism regarding the potential for upgrades driven by the seat-based pricing model.
HubSpot's robust execution against major growth drivers resulted in a 'very solid' performance in Q3 across growth metrics. Observations indicate that strength at both ends of the market spectrum played a role in the company's positive results.
HubSpot's Q3 results were solid, meeting investor expectations with a 20% growth in revenue and billings. This represents only a slight slowdown from the low-20s growth experienced in the first half of 2024.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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