HubSpot reinstated with a Buy at BofA

BofA reinstated coverage of HubSpot (HUBS) with a Buy rating and $300 price target Shares of the front office software vendor are down 71% from their 2025 highs, reflecting waning investor confidence in long-term growth and cash flow visibility, says the analyst, who sees “a particularly attractive entry point” at current levels. While many of the existential AI bear cases embedded in the current valuation are unlikely to be fully resolved in the near term, the firm thinks HubSpot is positioned to reaccelerate growth to 20% this year, the analyst tells investors.