Macquarie Reduces PT on HubSpot, Inc. (HUBS) to $660; Maintains 'Outperform' Rating

With a year-to-date decline, strong upside potential, and significant hedge fund interest, HubSpot, Inc. (NYSE:HUBS) secures a spot on our list of the 10 Most Oversold AI Stocks to Buy Now.

On August 7, 2025, Macquarie reduced its price target on HubSpot, Inc. (NYSE:HUBS) from $730 to $660, maintaining an ‘Outperform’ rating. The price revision is driven by macroeconomic uncertainty. At the same time, the analyst acknowledged the company’s strong Q2 results.

During the quarter, HubSpot, Inc. (NYSE:HUBS) recorded $761 million in revenue, an increase of 18% year-over-year in constant currency. Revenue exceeded estimates by $22 million, thanks to strong up-market and longer-term deals. Meanwhile, the company recorded 20% billings growth, increased NRR to 103%, maintained steady gross margins at 84.55%, and delivered a 17% operating margin.

Looking ahead, HubSpot, Inc. (NYSE:HUBS) raised its full-year guidance, expecting further NRR gains in Q4 from seat expansions and pricing changes.

With its AI-powered customer platform, HubSpot, Inc. (NYSE:HUBS) integrates marketing, sales, and customer service solutions into a single solution. It is included in our list of the most oversold stocks.

While we acknowledge the potential of HUBS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.