J.P. Morgan downgrades HubSpot to Hold and sets USD 240 target for HubSpot stock

Published on 10/20/2026 at 21:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 911.74 million in second quarter 2026, up 19.80 percent. HubSpot stock costs EUR 222.50 on October 20, 2026, at USD 12.8 billion value.

Analyst target and reporting date

J.P. Morgan downgraded HubSpot to Hold and set a USD 240.00 target on October 19, 2026.
Second-quarter revenue reached USD 911.74 million, up 19.80 percent from a year earlier.
HubSpot stock costs EUR 222.50 at Lang & Schwarz on October 20, 2026 at 9:22 p.m. CEST.
HubSpot is scheduled to report third-quarter results on November 11, 2026.

Isometrische 3D-Illustration der CRM-Wertschöpfungskette: Marketing, Vertrieb, Service, Analyse — HubSpot CRM-Plattform US4435731009 isometrisches 3D-Diagramm der Wertschöpfungskette von Marketing bis zur Analyse, Illustration mit AI erstellt.

J.P. Morgan downgraded HubSpot to Hold and set a USD 240.00 price target on October 19, 2026, according to Globe and Mail. HubSpot stock was trading at EUR 222.50 at Lang & Schwarz on October 20, 2026 at 9:22 p.m. CEST.

Revenue growth stays measurable

HubSpot reported USD 911.74 million in revenue for the second quarter of 2026, an increase of 19.80 percent from the year-earlier quarter. Net income reached USD 43.34 million, while diluted earnings per share were USD 0.86, according to Stockwatch. The figures give the analyst action a concrete operating backdrop, but the target remains below the current USD 250.84 New York quote.

Stock valuation and price position

HubSpot last traded at USD 250.84 on the NYSE on October 20, 2026 at 3:29 p.m. ET. Its 52-week range was USD 169.63 to USD 497.96, and market capitalization stood at USD 12.8 billion on the same date. The price-to-earnings ratio was 88.58, a valuation measure that leaves revenue execution central to the investment case.

When are the next results?

HubSpot is scheduled to report third-quarter results on November 11, 2026, with revenue guidance of USD 924.00 million to USD 925.00 million, according to TradingView. The same report cited adjusted earnings-per-share guidance of USD 3.25 to USD 3.27, placing the November release alongside the USD 240.00 target as the next dated reference point.

What the target means for valuation

J.P. Morgan's USD 240.00 target is USD 10.84 below the NYSE price of USD 250.84 on October 20, 2026. HubSpot's second-quarter revenue growth of 19.80 percent therefore has to be weighed against a price-to-earnings ratio of 88.58 and the gap between the current quote and the analyst target.

HubSpot stock after the analyst change

HubSpot combines a USD 12.8 billion market value with second-quarter revenue growth and a scheduled November 11, 2026 report. The stock was trading at EUR 222.50 at Lang & Schwarz on October 20, 2026 at 9:22 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of HubSpot stock.