What the Options Market Tells Us About HubSpot
Portfolio Pulse from Benzinga Insights
Recent options market activity indicates a bearish sentiment among big-money investors towards HubSpot (NYSE:HUBS). Benzinga's options scanner detected 10 significant trades, with 70% being bearish. The trades suggest a targeted price range of $560 to $700 for HUBS over the next three months. Despite this, professional analysts maintain a positive outlook with an average target price of $673.
June 07, 2024 | 8:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Recent options market activity shows a bearish sentiment towards HubSpot, with 70% of significant trades being bearish. This could indicate potential short-term downward pressure on the stock. However, professional analysts maintain a positive outlook with an average target price of $673.
The detection of significant bearish options trades suggests that big-money investors are expecting a decline in HubSpot's stock price. This sentiment is likely to create short-term downward pressure on the stock. However, the positive analyst ratings and target prices provide a counterbalance, indicating potential for recovery or stability in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100