HubSpot shares plunge 5.54% intraday amid analyst target cuts, growth skepticism, and insider selling despite Q3 beat.

HubSpot Inc. (HUBS) fell 5.54% intraday as mixed Q3 results and analyst price target cuts weighed on sentiment. Despite exceeding revenue and EPS estimates and raising FY2025 guidance, the stock reacted negatively to widespread analyst downgrades citing slower growth trajectories. A webinar with an Elite HubSpot partner highlighted strong 2025 performance, but this was overshadowed by concerns over declining growth rates, delayed deals, and AI disruption risks. Raymond James reiterated an Outperform rating with a $525 price target, yet broad analyst skepticism—reflected in reduced targets from firms like Needham, UBS, and BMO—amplified selling pressure. The market prioritized near-term growth uncertainties over the company’s AI-driven monetization strategy and board expansion, leading to the intraday decline.