HubSpot Price Target Cut to $375 After FY26 Revenue Growth Guidance of 16%
Stifel cut its HubSpot price target to $375 from $500 after management guided for 16% constant-currency revenue growth in fiscal 2026 versus a prior 17% outlook. HubSpot reported Q4 2025 revenue up 18% in constant currency and full-year revenue of $3.1 billion, with net new ARR rising 24%.
1. Analyst Price Target Cut
Stifel reduced its one-year price target on HubSpot from $500 to $375 while maintaining a Buy rating, citing management’s guidance of 16% constant-currency revenue growth for fiscal 2026 compared to an earlier 17% expectation.
2. Q4 and Full-Year 2025 Results
HubSpot’s fourth-quarter 2025 revenue rose 18% in constant currency (20% as reported) and full-year 2025 revenue climbed 18.2% to $3.1 billion, reflecting continued strength across its cloud-based CRM platform.
3. Net New ARR and Retention
The company achieved 24% growth in net new annualized recurring revenue over fiscal 2025 and maintained a net revenue retention rate of 105%, underpinning the view that its growth acceleration thesis remains structurally intact.