HubSpot price target lowered to $280 from $500 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on HubSpot (HUBS) to $280 from $500 and keeps an Overweight rating on the shares. HubSpot’s net new annual recurring revenue grew 24% in Q4, outpacing constant-currency revenue growth for six consecutive quarters, signaling potential reacceleration in revenue despite ongoing AI-related investor concerns, the analyst tells investors in a research note. Short-term negative momentum remains a headwind, though underlying growth trends challenge the bearish thesis, the firm says.