BMO Capital Maintains Outperform on Hubspot with Lower PT to $600

BMO Capital Maintains Outperform on Hubspot with Lower PT to $600

BMO Capital has maintained its Outperform rating on HubSpot Inc. (NYSE: HUBS) while lowering its price target to $600, according to a recent report. The marketing software company's stock currently trades near $493, with analyst targets ranging from $593 to $910, suggesting significant upside potential despite recent price pressure.

The firm acknowledged that HubSpot delivered "a solid quarter and guide across all metrics" despite facing "many cross currents in application software." The company’s performance is backed by impressive gross margins of 84.5% and strong revenue growth of 19% year-over-year. Despite the price target reduction, BMO Capital maintained its positive outlook on HubSpot, indicating continued confidence in the company’s position in the small and medium business software market.

In other recent news, HubSpot Inc. reported strong financial results for the second quarter of 2025, with earnings per share (EPS) of $2.23, surpassing the forecast of $2.12. The company’s revenue reached $760.9 million, exceeding expectations by approximately 2.91%. Piper Sandler upgraded HubSpot’s stock rating from Neutral to Overweight, raising its price target to $675.00 due to signs of growth recovery. Meanwhile, Needham reiterated its Buy rating with a price target of $900.00, highlighting HubSpot’s solid Q2 performance. Wolfe Research maintained an Outperform rating and a $655.00 price target, noting the company’s successful addressing of AI-related concerns. UBS, however, lowered its price target to $700 from $820, citing valuation concerns amid broader negative sentiment around AI-related SaaS companies.

These developments underscore the varied analyst outlooks on HubSpot’s future performance. Despite the differing perspectives, HubSpot’s recent earnings have generally exceeded analyst expectations.

References:
[1] https://www.investing.com/news/analyst-ratings/hubspot-stock-price-target-lowered-to-600-by-bmo-capital-on-solid-results-93CH-4176755
[2] https://www.benzinga.com/insights/analyst-ratings/25/08/46958970/7-analysts-have-this-to-say-about-hubspot