Jefferies analyst Samad Samana has maintained their bullish stance on HUBS stock, giving a Buy rating on April 25.
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Samad Samana has given his Buy rating due to a combination of factors that highlight HubSpot’s potential for growth despite some short-term uncertainties. The survey conducted by Jefferies indicates that HubSpot’s partners had a strong start to 2025, with a significant portion exceeding or meeting expectations, suggesting durable demand for HubSpot’s offerings. This strong performance in the first quarter is expected to translate into a modest beat of the anticipated revenue growth.
Although there are concerns about deal delays due to tariff announcements, these have not resulted in cancellations, indicating that the underlying demand remains robust. While there is a noted decrease in net revenue retention and some tension within the partner ecosystem, these challenges are seen as temporary. The expectation is that with clarity on the economic and regulatory environment, trends will stabilize, providing room for potential upside in the latter half of the year.
In another report released on April 25, Stifel Nicolaus also maintained a Buy rating on the stock with a $750.00 price target.
Based on the recent corporate insider activity of 121 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HUBS in relation to earlier this year.