How to Buy Hubspot Stock
Hubspot Inc
Hubspot is a app company located in Massachusetts, United States, which is part of the Technology sector, and is traded under the ticker HUBS on the NYSE exchange.
Hubspot stock last closed at $636.10, down 2.4% from the previous day, and has increased 58.29% in one year. It has overperformed other stocks in the Software - Application industry by 0.31 percentage points. Hubspot stock is currently +56.2% from its 52-week low of $407.23, and -8.32% from its 52-week high of $693.85.
As of Apr 25, 2024, there are 50.67M shares of HUBS outstanding. The market capitalization of HUBS is $32.23B. In the past 24 hours, 493,758 HUBS shares were traded.
How to Buy Hubspot Stock
Not sure how to invest in Hubspot stock? Here's how.
- Choose where to buy Hubspot stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Hubspot stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- Evaluate Hubspot stock: The Hubspot ticker symbol is HUBS. Is Hubspot stock a good investment? Should you buy shares of HUBS? How do HUBS's underlying business fundamentals look? Do top analysts think Hubspot is a good buy? Why has HUBS's stock price moved recently? (Hint: Our stock market analysis website can help you decide if HUBS is a good stock to buy).
- Execute your HUBS buy order: Decide if you will purchase HUBS shares at the current market price or use a limit order to buy HUBS stock at a specific price.
- Monitor your HUBS investment: Create a watchlist to watch your position in Hubspot shares.
Step 1: Choose where to buy Hubspot stock
You will need a brokerage account to access the NYSE market and buy HUBS stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you can buy HUBS stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on apps for stock market, you can securely and quickly fund your account:
Check out the tutorial below for more details depositing funds into your new investment account.
Step 4: Evaluate Hubspot stock
After you have decided on the best place to buy Hubspot stock, it's critical to research their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Hubspot shares at a glance
HUBS Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on HUBS's stock page.
Is HUBS stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge HUBS's intrinsic value.
Using relative valuations measures:
- HUBS may be overvalued based on its P/B ratio of 24.42x, relative to Software - Application industry P/B ratio of 6.49x
You can access more valuation research on HUBS's stock here.
HUBS Financial Health Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the HUBS balance sheet.
- There are more short-term assets than long-term liabilities on the HUBS balance sheet.
- HUBS's operating cash flow of $350.97M allows it to safely service it's debt of $787.81M.
- Total HUBS debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- HUBS earnings of -$153.90M is not sufficient to cover its interest payments.
- HUBS has a relatively high debt to equity ratio of 1.33.
- HUBS profit margin has gone down from -6.5% to -8.1% in the past year.
Do Wall Street analysts think it's a good time to buy HUBS stock
Out of 19 Equities analysts who track HUBS, the consensus analyst rating on Hubspot is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent HUBS Analyst Upgrades/Downgrades
Kirk Materne, a top 18% analyst from Evercore ISI Group maintains HUBS with a hold rating and raises their HUBS price target from $625.00 to $650.00, on Feb 15, 2024.
Michael Turrin, a bottom 28% analyst from Wells Fargo maintains HUBS with a strong buy rating and raises their HUBS price target from $700.00 to $725.00, on Feb 15, 2024.
Wells Fargo's Michael Turrin raised their price target on Hubspot (NYSE: HUBS) by 3.6% from $700 to $725 on 2024/02/15. The analyst maintained their Strong Buy rating on the stock.
The company reported its Q4 and FY 2023 earnings on 2024/02/14.
According to Turrin, Hubspot's "fairly clean quarter" was the catalyst for their price target increase.
"Although bears will continue to poke at near-term growth metrics given the stock's valuation premium," the analyst said Wells Fargo "is more focused on record new customer activity in a tough environment and Hubspot's new pricing strategy as durable long-term growth drivers."
Earnings Report
Hubspot reported:
For Q4 2023:
- EPS of $1.76, which beat the Zacks Consensus Estimate of $1.54 and, by 58.6%, Q4 2022's $1.11.
- Revenue of $581.9M, which beat the Zacks Consensus Estimate of $557.5M and, by 23.9%, Q4 2022's $469.7M.
- Operating income of $98.1M, up from Q4 2022's $64M.
For FY 2023:
- EPS of $5.89, up 111.8% from FY 2022's $2.78.
- Revenue of $2.17B, up 25.4% from FY 2022's $1.73B.
- Operating income of $330.3M, up from FY 2022's $169.1M.
Management guided:
For Q1 2024:
- EPS of $1.48 to $1.50.
- Revenue of $596M to $598M.
- Operating income of $83M to $84M.
For FY 2024:
- EPS of $6.86 to $6.94.
- Revenue $2.55B to $2.56B.
- Operating income of $408M to $412M.
CEO Yamini Rangan commented: “We saw a strong finish to a good year despite the challenging macro environment.
“Our customers have high confidence in our ability to help them grow in any environment and we are becoming the clear platform of choice for scaling companies.
"2023 was a banner year for product innovation with over 800 enhancements across our platform. At the same time, we drove go-to-market execution across digital, sales, and partner channels while staying focused on our bi-modal strategy.
"As we look to 2024, we are doubling down on making HubSpot even easier to buy with a new seats-based pricing model.
"We have clear momentum in a large market, our pricing evolution will allow us to acquire and serve more customers, and the pace of product innovation will help us achieve our goal of becoming the #1 AI-powered customer platform for scaling companies.”
Gabriela Borges, a top 18% analyst from Goldman Sachs maintains HUBS with a strong buy rating and raises their HUBS price target from $577.00 to $656.00, on Feb 15, 2024.
Alex Zukin, a top 4% analyst from Wolfe Research maintains HUBS with a buy rating and raises their HUBS price target from $660.00 to $715.00, on Feb 15, 2024.
Rishi Jaluria, a bottom 4% analyst from RBC Capital maintains HUBS with a buy rating and raises their HUBS price target from $625.00 to $700.00, on Feb 15, 2024.
You can dive deeper into what analysts are saying on the Hubspot stock forecast page.
Metrics for Advanced HUBS Traders
HUBS Performance Numbers
Last year, HUBS revenue was $2.17B. During the past 5 year, HUBS's revenue has gone up by 33.44% per year. This was faster than the Software - Application industry average of 27.57%.
Learn more about HUBS's earnings and revenue performance here.
Latest Insiders Trades at HUBS
In the past year, executives and large shareholders at HUBS have sold more shares than they have bought.
Brian Halligan, Executive Chair of HUBS, was the latest HUBS insider to sell. They sold $5,407,530.00 worth of HUBS shares on Apr 16, 2024.
Get more info about who owns HUBS stock here.
Can I rely on HUBS as an income stream?
No, Hubspot doesn't provide an income stream by paying out dividends.
What others are saying about HUBS
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your HUBS buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, place a limit order.
Hit the Open button and eToro will execute your order.
If you need additional help with buying stocks on eToro, click the how to video below:
Step 6: Monitor your HUBS investment
Now that you own some HUBS stock, you'll want to stay up-to-date on your new stock purchase.
Put HUBS on a watchlist to get the latest updates about your HUBS stock.
HUBS Feed
How to Buy Stock in Hubspot
To summarize, here are the 6 steps for buying Hubspot stock:
- Choose where to buy Hubspot stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Hubspot stock
- Execute your HUBS buy order
- Monitor your HUBS investment
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Hubspot, create a watchlist today.
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