HubSpot shares jump 4.9% after earnings beat and analyst upgrades

HubSpot Inc. (NYSE:HUBS) saw its stock rise 4.9% on Tuesday, trading as high as $203.59 and closing around $203.39, while trading volume fell sharply. The software maker posted quarterly earnings of $2.72 per share, surpassing the consensus estimate of $2.47, and reported revenue of $881 million, up 23.4% year‑over‑year.

Analysts raised their outlooks: Goldman Sachs reinstated a “buy” rating with a $382 target, BTIG reiterated “buy” with a $300 price objective, while William Blair downgraded to “market perform.” Overall, 21 analysts rate the stock as a buy, seven as hold and two as sell, giving HubSpot an average “moderate buy” rating and a consensus target price of $311. Insider activity included a director buying 1,313 shares at $190.42 and another insider selling 915 shares at $236.66.

HubSpot’s market capitalization stands at about $10.5 billion, with a PE ratio of 107.47. The company set its fiscal 2026 earnings guidance at $13.04‑$13.12 per share.