HubSpot Inc. (NYSE:HUBS) is one of the best falling stocks to buy, according to Wall Street analysts. HubSpot Inc. (NYSE:HUBS) holds a Strong Buy consensus from 27 analysts, with 23 Buys, 4 Holds, and no Sells. The average price target is $589.08, ranging from $450 to $800, implying a 59.71% upside from the current $368.84.
Earlier on November 19 at Wells Fargo’s 9th Annual TMT Summit, HubSpot Inc. (NYSE:HUBS) CEO Yamini Rangan reiterated a hybrid monetization strategy focused on making artificial intelligence accessible to small and medium businesses.
Part of the plan entails embedding AI technology across all product lines, including Customer Agent and Data Agent, while leveraging extensive customer data to enhance their effectiveness. The company boasts of over 280,000 customers whose data it can use to improve its products.
Integration of AI across all product lines comes on the heels of Rothschild Redburn downgrading the stock to Neutral from Buy and slashing the price target to $450 from $610. The research firm has questioned the company’s resilience amid the potential for AI disruption. It has also pointed to expectations of slower net customer additions.
HubSpot, Inc. (NYSE:HUBS) is a software company that provides a customer platform for marketing, sales, and customer service. Its solutions help businesses attract, engage, and retain customers. Its core offering is a cloud-based system that includes a Customer Relationship Management (CRM) tool.
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Disclosure: None. This article is originally published at
Insider Monkey.