In anticipation of the upcoming Q1 earnings season for the software sector, Mizuho analyst Siti Panigrahi has adjusted the firm's price target for HubSpot (HUBS, Financial). The target has been lowered from $900 to $700, yet the analyst maintains an Outperform rating on the stock.
This downward revision comes as part of a broader reassessment reflecting recent declines in software valuations. Despite the adjustment, Panigrahi emphasizes that the current market conditions offer a compelling opportunity for potential investors to buy into HubSpot.
While predicting strong Q1 performance from software companies, the analyst anticipates a more cautious outlook from management regarding the fiscal year ahead. Nonetheless, the underlying fundamentals of software-as-a-service (SaaS) businesses are expected to remain resilient, with tariffs having minimal impact.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 30 analysts, the average target price for HubSpot Inc (HUBS, Financial) is $841.21 with a high estimate of $980.00 and a low estimate of $610.00. The average target implies an upside of 59.45% from the current price of $527.56. More detailed estimate data can be found on the HubSpot Inc (HUBS) Forecast page.
Based on the consensus recommendation from 34 brokerage firms, HubSpot Inc's (HUBS, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for HubSpot Inc (HUBS, Financial) in one year is $725.38, suggesting a upside of 37.5% from the current price of $527.56. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the HubSpot Inc (HUBS) Summary page.
