Stifel Nicolaus Maintains a Buy on Hubspot (HUBS), Sets a $650 PT

Hubspot, Inc. (NYSE:HUBS) is one of the best strong buy growth stocks to buy now. In a report released on August 28, J. Parker Lane from Stifel Nicolaus maintained a Buy rating on Hubspot, Inc. (NYSE:HUBS), setting a price target of $650.00.

The rating came after Hubspot, Inc. (NYSE:HUBS) reported its fiscal Q2 2025 earnings on August 6, with total revenue for the quarter reaching $760.9 million, up 19% on an as-reported basis and 18% in constant currency compared to the same quarter last year.

Subscription revenue rose 19% on an as-reported basis to $744.5 million, while Professional services and other revenue grew 21% on an as-reported basis to $16.3 million.

HubSpot (NYSE:HUBS) also reported a GAAP operating margin of 3.2%, compared to 3.8% in fiscal Q2 2024.

HubSpot (NYSE:HUBS) is an American developer and marketer of software products for inbound marketing, customer service, and sales.

Its unified platform offers prime connection for customer-facing teams, and includes artificial intelligence-powered engagement hubs, a connected ecosystem with more than 1,500 app marketplace integrations, a smart customer relationship management product (CRM), a community network, and educational content.

The company’s engagement hubs include Sales Hub, Marketing Hub, Operations Hub, Service Hub, Content Management System Hub, and Commerce Hub. These hubs allow companies to engage and attract clients through the customer lifecycle.

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.