HubSpot shares slide 5% as investors stay cautious after Q1 results and forward-growth debate

HubSpot (HUBS) is down 5.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The stock appears to be extending post-earnings volatility as investors weigh strong Q1 performance against a slower year-over-year growth profile implied by forward revenue guidance. Ongoing resets to analyst price targets after the Q1 report may also be contributing to the move as sentiment remains fragile.

Details:

HubSpot reported Q1 2026 revenue of $881.0 million (+23% year over year as reported) and non-GAAP EPS of $2.72, alongside improved profitability metrics versus the prior year period.

For Q2 2026, the company guided to revenue of about $897.0 million to $898.0 million (about +18% year over year), which can be interpreted as a deceleration versus Q1 growth.

Management also issued full-year 2026 revenue guidance of $3.700 billion to $3.708 billion (about +18% year over year) and continued highlighting investments in AI-driven product initiatives.

Despite today’s drop, recent SEC Form 4 filings show insider open-market purchases in mid-May, suggesting at least some internal confidence at lower price levels.

Sources:

U.S. Securities and Exchange Commission, HubSpot Investor Relations, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$HUBS Insider Trading Activity

$HUBS insiders have traded $HUBS stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.

Here’s a breakdown of recent trading of $HUBS stock by insiders over the last 6 months:

BRIAN HALLIGAN has made 0 purchases and 6 sales selling 50,553 shares for an estimated $15,063,618.
ERIKA ASHLEY FISHER (Chief Legal Officer) has made 0 purchases and 3 sales selling 2,345 shares for an estimated $565,067.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$HUBS Hedge Fund Activity

We have seen 341 institutional investors add shares of $HUBS stock to their portfolio, and 446 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,478,734 shares (-80.9%) from their portfolio in Q4 2025, for an estimated $994,715,954
PRICE T ROWE ASSOCIATES INC /MD/ added 1,224,424 shares (+36.5%) to their portfolio in Q4 2025, for an estimated $491,361,351
FRANKLIN RESOURCES INC removed 724,696 shares (-66.9%) from their portfolio in Q4 2025, for an estimated $290,820,504
CAPITAL WORLD INVESTORS added 647,721 shares (+inf%) to their portfolio in Q4 2025, for an estimated $259,930,437
AQR CAPITAL MANAGEMENT LLC added 642,545 shares (+117.6%) to their portfolio in Q4 2025, for an estimated $257,853,308
WELLINGTON MANAGEMENT GROUP LLP removed 586,560 shares (-40.1%) from their portfolio in Q4 2025, for an estimated $235,386,528
ALYESKA INVESTMENT GROUP, L.P. added 449,864 shares (+408.1%) to their portfolio in Q4 2025, for an estimated $180,530,423

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$HUBS Congressional Stock Trading

Members of Congress have traded $HUBS stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $HUBS stock by members of Congress over the last 6 months:

REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 11/19.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$HUBS Analyst Ratings

Wall Street analysts have issued reports on $HUBS in the last several months. We have seen 8 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Mizuho issued a "Outperform" rating on 05/08/2026
Morgan Stanley issued a "Overweight" rating on 05/08/2026
B of A Securities issued a "Underperform" rating on 05/08/2026
Piper Sandler issued a "Overweight" rating on 02/12/2026
Macquarie issued a "Outperform" rating on 02/12/2026
JP Morgan issued a "Overweight" rating on 02/12/2026
Jefferies issued a "Buy" rating on 02/12/2026

To track analyst ratings and price targets for $HUBS, check out Quiver Quantitative's $HUBS forecast page.

$HUBS Price Targets

Multiple analysts have issued price targets for $HUBS recently. We have seen 25 analysts offer price targets for $HUBS in the last 6 months, with a median target of $300.0.

Here are some recent targets:

Raimo Lenschow from Barclays set a target price of $270.0 on 05/11/2026
Ryan Macwilliams from Wells Fargo set a target price of $300.0 on 05/08/2026
Steve Koenig from Macquarie set a target price of $190.0 on 05/08/2026
Taylor McGinnis from UBS set a target price of $250.0 on 05/08/2026
Billy Fitzsimmons from Piper Sandler set a target price of $250.0 on 05/08/2026
Tyler Radke from Citigroup set a target price of $230.0 on 05/08/2026
Rishi Jaluria from RBC Capital set a target price of $350.0 on 05/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.