Stifel Nicolaus Sticks to Its Buy Rating for HubSpot (HUBS)

Stifel Nicolaus analyst J. Parker Lane maintained a Buy rating on HubSpot today and set a price target of $375.00.

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Parker Lane covers the Technology sector, focusing on stocks such as Salesforce, Braze, and Manhattan Associates. According to TipRanks, Parker Lane has an average return of -9.5% and a 31.50% success rate on recommended stocks.

In addition to Stifel Nicolaus, HubSpot also received a Buy from TipRanks – OpenAI’s OpenAI Software – Application in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on HubSpot (NYSE: HUBS).

Based on HubSpot’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $809.52 million and a net profit of $16.54 million. In comparison, last year the company earned a revenue of $669.72 million and had a net profit of $8.15 million

Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HUBS in relation to earlier this year. Earlier this month, ERIKA ASHLEY FISHER, the Chief Legal Officer of HUBS sold 589.00 shares for a total of $148,357.32.