HubSpot Inc (NYSE:
HUBS) is one of the
13 Best Revenue Growth Stocks to Buy Right Now.
HubSpot Inc. (NYSE:HUBS) was also affected by the broad sweep across the sub-sector in a February 2 note by Piper Sandler, which lowered its target price on the company to $400 from $590 and maintained an Overweight rating on the shares.
Piper downgraded three names and cut price targets across the platforms and apps group, because “seat-compression and vibe coding narratives could set a ceiling on multiples,” according to a research note. Software will continue to experience “pessimism,” while the hyperscaler, consumption, and vertical sub-sectors should fare better, according to the note.
In the past month, several research firms cut their price targets on HubSpot: BMO Capital lowered its target to $385 from $465, UBS to $450 from $600, Goldman Sachs to $517 from $612, and Morgan Stanley to $577 from $640.
HubSpot, Inc. is a customer platform company focused on cloud-based customer relationship management. Its platform includes marketing, sales, service, operations, and a content management system, as well as other tools, integrations, and native payment solutions.
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
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Disclosure: None. This article is originally published at
Insider Monkey.
