Tillman Cautious on HubSpot (HUBS) Despite Robust Q3 Performance

HubSpot Inc. (NYSE:HUBS) is one of the most promising stocks with huge upside potential. On November 9, Truist analyst Terry Tillman lowered the price target on HubSpot to $650 from $675 with a Buy rating on the shares. Tillman noted that the company posted a robust Q3 2025, outperforming the firm’s revenue and earnings estimates, thanks to consistent growth and margin discipline.

In the quarter, HubSpot delivered solid performance with revenue reaching $810 million, which marked an 18.4% increase year-over-year. Subscription revenue alone grew by 21% year-over-year, while Services & Other revenue increased by 19%.

HubSpot was able to expand its customer base in Q3, adding 10,900 new customers, bringing the total customer count to ~279,000. The company’s multi-hub adoption strategy is proving effective, with 43% of the Pro+ installed base by ARR subscribing to three core hubs. HubSpot provided guidance for Q4 and the full year 2025. Q4 revenue guidance is now set at $828 to $830 million, representing growth of 16% year-over-year.

HubSpot Inc. (NYSE:HUBS) provides a cloud-based customer relationship management/CRM platform for businesses in the Americas, Europe, and the Asia Pacific.

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.