Key Takeaways:
- HubSpot's stock experiences a 4% dip in premarket trading despite positive evaluations from major analysts.
- Wall Street analysts are optimistic, forecasting an average price target that signals a potential 23% increase.
- HubSpot maintains an "Outperform" status, with a GF Value estimate indicating nearly a 20% upside.
HubSpot’s Market Reaction and Analyst Insights
HubSpot Inc. (HUBS, Financial) experienced a 4% decline in premarket trading after announcing its first-quarter results. Despite this, the response from analysts has been notably positive. Both BofA Securities and Morgan Stanley have raised their price targets for HubSpot, attributing this to robust revenue growth and strategic expansion efforts. However, it's worth noting that the company's Net Revenue Retention has decreased to 102%. Analysts remain optimistic, anticipating that average selling prices will stay consistent.
Wall Street Analysts' Price Targets
Analyzing the one-year price targets set by 31 industry analysts, HubSpot Inc. (HUBS, Financial) holds an average target price of $751.53. This includes a high projection of $910.00 and a low projection of $610.00, suggesting a prospective upside of 23.00% from its current price of $611.00. For a deeper dive into these estimates, visit the HubSpot Inc. (HUBS) Forecast page.
Analysts' Recommendations and GF Value Estimation
The consensus recommendation from 35 brokerage firms places HubSpot Inc. with an average brokerage recommendation of 1.8, indicating an "Outperform" status. This rating scale ranges from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
According to GuruFocus estimates, the projected GF Value for HubSpot Inc. (HUBS, Financial) over the next year stands at $732.91. This forecast reflects a potential upside of 19.95% from the current price of $611.00. The GF Value is an estimate of the fair value at which the stock should be trading, determined based on historical trading multiples, past business growth, and future business performance expectations. For more comprehensive data, check out the HubSpot Inc. (HUBS) Summary page.
