Mizuho Securities Reaffirms Their Buy Rating on HubSpot (HUBS)
In a report released today, Siti Panigrahi from Mizuho Securities maintained a Buy rating on HubSpot, with a price target of $300.00.
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Panigrahi covers the Technology sector, focusing on stocks such as Synopsys, Autodesk, and NICE. According to TipRanks, Panigrahi has an average return of -4.0% and a 42.74% success rate on recommended stocks.
In addition to Mizuho Securities, HubSpot also received a Buy from Canaccord Genuity’s David Hynes in a report issued today. However, on the same day, TD Cowen maintained 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.
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- HubSpot price target lowered to $300 from $700 at Needham
- HubSpot: Resilient Core Performance but Early-Stage AI Monetization Keeps Rating at Hold
- HubSpot price target lowered to $350 from $600 at Wells Fargo
- HubSpot price target lowered to $485 from $600 at Canaccord
- HubSpot: Strengthening Fundamentals, Improving Profitability, and Attractive Valuation Support Reiterated Buy Rating
