Scotiabank Reiterates Sector Outperform Rating on HubSpot Inc (HUBS)

Scotiabank analyst Nick Altmann reiterated a Sector Outperform rating and $650.00 price target on HubSpot Inc (NYSE: HUBS).

The analyst commented, "A plethora of product feature enhancements, new AI offerings powering HUBS platform, as well as an updated margin framework give us confidence in HUBS maintaining a durable, yet efficient growth profile over the medium-term. The highlight from the financial session was HUBS’ new FY27 OM framework which calls for 20-22% (vs. 18%-20% FY26 prior target) and a ~250 bps increase to HUBS LT framework (which now calls for 25%) vs. the prior midpoint. Breeze (CoPilot & Agents) & Breeze Intelligence (data enrichment for Smart CRM) were two notable AI announcements and will directly embed AI features into products to drive edition upgrades, but will explore a usage-based model over time. Overall we continue to believe HUBS is a must-own, core-holding for software investors. Reiterate Sector Outperform."

For an analyst ratings summary and ratings history on HubSpot Inc click here. For more ratings news on HubSpot Inc click here.

Shares of HubSpot Inc closed at $503.76 yesterday.

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