Strong 2026 Pipeline Leads to a Positive Outlook on HubSpot (HUBS)

HubSpot, Inc. (NYSE:HUBS) is one of the best software application stocks to buy according to Hedge Funds.

Raymond James maintained its bullish views on HubSpot, Inc. (NYSE:HUBS), assigning an Outperform rating to the stock on January 6. The firm anticipated an upside potential of almost 60% based on a price target of $525.

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Rating from Raymond James came after a webinar with an elite HubSpot partner, who highlighted new deals with the company in line with their own fourth quarter 2025 plans. The partner spoke about a few deals that were initially planned for the fourth quarter, now expected to be finalized in the first quarter of 2026. This adds onto an already strong deal pipeline for 2026, although concerns remain around some AI-related risks and signs of growth deceleration.

On January 12, Tyler Radke from Citi also reaffirmed his Buy rating for HubSpot, Inc. (NYSE:HUBS). He also raised his target price estimates from $658 to $660, which now results in an upside of almost 101%. Moreover, Radke opened a 30-day upside catalyst watch on the stock.

HubSpot, Inc. (NYSE:HUBS) is a leading cloud-based customer relationship management (CRM) platform provider for businesses. It offers various platforms, including Marketing Hub, Sales Hub, Operations Hub, Service Hub, and Commerce Hub. All these distinct platforms provide a wide variety of tools that enable unique business functions. The company serves clients across the Americas, Asia Pacific, and Europe.

While we acknowledge the risk and potential of HUBS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HUBS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.