HubSpot Inc (HUBS) PT Lowered to $560 at Jefferies

Jefferies analyst Samad Samana lowered the price target on HubSpot Inc (NYSE: HUBS) to $560.00 (from $650.00) while maintaining a Buy rating.

The analyst comments "HUBS delivered ~18.4% CC rev growth (guidance: ~16%), a slightly stronger beat than in 2Q. Op mgn of 19.9% met consensus. Net adds (+10.9k) hit the highest level of 2025, and HUBS still saw ASRPC improve q/q. 4Q guidance for 16% CC growth met consensus (1pt shy of buyside). With SW out of favor, the AH reaction (-13%) does not surprise us. However, it under-appreciates the modest accel in CC growth and that NNARR growth will translate to better rev growth."

You May Also Be Interested In

• Bernstein SocGen Group Starts Terawulf Inc. (WULF) at Outperform
• Nomura/Instinet Downgrades ORIX Corp (8591:JP) (IX) to Neutral
• SpaceX sets IPO price at $135 ahead of roadshow in break with Wall Street norms