HubSpot (HUBS) Stock: $405 Price Target And Outperform Rating

By Amit Chowdhry ● May 6, 2022
  • The shares of HubSpot Inc (NYSE: HUBS) have received a $405 price target from BMO Capital. These are the details.

The shares of HubSpot Inc (NYSE: HUBS) have received a $405 price target from BMO Capital. And BMO Capital analyst Keith Bachman is maintaining an “Outperform” rating on the shares.

The rating was adjusted following the company’s first-quarter results. HubSpot had reported a Q1 EPS of $0.54, which was $0.08 better than analyst estimates of $0.46. And the revenue for the quarter was $395.6 million compared to the consensus estimate of $382.61 million.

In terms of guidance, HubSpot expects a Q2 2022 EPS of $0.42-$0.44, compared to a consensus of $0.51. And HubSpot expects Q2 2022 revenue of between $409 million and $410 million, compared to the consensus of $411.7 million.

Plus HubSpot expects an FY 2022 EPS of between $2.40 and $2.42, compared to the consensus of $2.41. And HubSpot expects an FY 2022 revenue of between $1.722 and $1.728 billion, compared to the consensus of $1.73 billion.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.