J.P.Morgan cuts HubSpot rating on 'uncertain' revenue growth recovery

HubSpot

08/10/2026 15:06

** J.P.Morgan downgrades rating of marketing software firm HubSpot HUBS.N to "neutral" from "overweight"
** Also cuts PT to $240 from $268, implying a 23.6% upside to stock's last close 
** Cites "uncertain timeline" for a recovery in revenue growth
** "Despite HUBS shares trading down more than 40% YTD, we don’t expect investor interest to re-ignite and drive a meaningful re-rating until there are clear signs of the growth slowdown bottoming out" - J.P.Morgan
** Thirteen of 37 brokerages rate the stock "buy" or higher, 23 "hold" and 1 "sell"; their median PT is $250 - LSEG-compiled data
** Including session's moves, shares down 45.2% YTD

 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))