Should I buy or sell HashiCorp stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HashiCorp in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HCP shares. View HCP analyst ratings or view top-rated stocks .

What is HashiCorp's stock price target for 2024?

14 analysts have issued 1 year price targets for HashiCorp's stock. Their HCP share price targets range from $24.00 to $38.00. On average, they anticipate the company's share price to reach $28.77 in the next year. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for HCP or view top-rated stocks among Wall Street analysts .

How have HCP shares performed in 2024?

HashiCorp's stock was trading at $23.64 at the start of the year. Since then, HCP stock has decreased by 0.5% and is now trading at $23.53. View the best growth stocks for 2024 here .

Are investors shorting HashiCorp?

HashiCorp saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 6,900,000 shares, an increase of 6.8% from the March 15th total of 6,460,000 shares. Based on an average daily volume of 2,400,000 shares, the short-interest ratio is currently 2.9 days. Approximately 6.2% of the company's stock are short sold. View HashiCorp's Short Interest .

When is HashiCorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024. View our HCP earnings forecast .

How were HashiCorp's earnings last quarter?

HashiCorp, Inc. (NASDAQ:HCP) issued its quarterly earnings results on Tuesday, March, 5th. The company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.21) by $0.06. The company had revenue of $155.78 million for the quarter, compared to the consensus estimate of $149.47 million. HashiCorp had a negative net margin of 32.70% and a negative trailing twelve-month return on equity of 15.58%.

What ETFs hold HashiCorp's stock?

ETFs with the largest weight of HashiCorp (NASDAQ:HCP) stock in their portfolio include WisdomTree Cybersecurity Fund (WCBR) , Jacob Forward ETF (JFWD) , First Trust Cloud Computing ETF (SKYY) , ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) , Fidelity Disruptive Technology ETF (FDTX) , SPDR FactSet Innovative Technology ETF (XITK) , Amplify Global Cloud Technology ETF (IVES) and Renaissance IPO ETF (IPO) .

What guidance has HashiCorp issued on next quarter's earnings?

HashiCorp issued an update on its first quarter 2025 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of -0.020-0.000 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of $152.0 million-$154.0 million, compared to the consensus revenue estimate of $152.7 million.

When did HashiCorp IPO?

HashiCorp (HCP) raised $1.1 billion in an IPO on Thursday, December 9th 2021. The company issued 15,300,000 shares at a price of $68.00-$72.00 per share.

Who are HashiCorp's major shareholders?

HashiCorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Artemis Investment Management LLP (0.78%), IMC Chicago LLC (0.00%) and Renaissance Capital LLC (0.03%). Insiders that own company stock include Armon Dadgar , Brandon Sweeney , David J Henshall, David Mcjannet , Ggv Capital Select LLC, Glenn Solomon , Ledger Susan St , Marc Holmes , Navam Welihinda , Sigal Zarmi and Xiv A Cayman Islands Mayfield. View institutional ownership trends .

How do I buy shares of HashiCorp?

Shares of HCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:HCP

HashiCorp (HCP) Stock Price, News & Analysis

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$23.53

-0.13 (-0.55%)

(As of 04/17/2024 ET)

Compare

Today's Range: $23.50
▼
$24.23
50-Day Range: $21.61
▼
$28.64
52-Week Range: $18.91
▼
$36.39

Volume: 1.21 million shs
Average Volume: 1.42 million shs
Market Capitalization: $4.70 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $28.77

Get HashiCorp alerts:

HashiCorp MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.64 Rating Score
Upside/Downside: 22.3% Upside
$28.77 Price Target
Short Interest: Bearish
6.15% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.76
Based on 12 Articles This Week
Insider Trading: Selling Shares
$6.48 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.80) to ($0.66) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.66 out of 5 stars

Computer And Technology Sector

341st out of 587 stocks

Custom Computer Programming Services Industry

11th out of 20 stocks

3.3

Analyst's Opinion

Consensus Rating
HashiCorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
HashiCorp has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
6.15% of the float of HashiCorp has been sold short.
Short Interest Ratio / Days to Cover
HashiCorp has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in HashiCorp has recently increased by 6.81%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
HashiCorp does not currently pay a dividend.
Dividend Growth
HashiCorp does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HCP.

2.6

News and Social Media Coverage

News Sentiment
HashiCorp has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for HashiCorp this week, compared to 5 articles on an average week.
Search Interest
Only 3 people have searched for HCP on MarketBeat in the last 30 days. This is a decrease of -81% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added HashiCorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HashiCorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,484,004.00 in company stock.
Percentage Held by Insiders
26.13% of the stock of HashiCorp is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
87.83% of the stock of HashiCorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for HashiCorp are expected to grow in the coming year, from ($0.80) to ($0.66) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HashiCorp is -24.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of HashiCorp is -24.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
HashiCorp has a P/B Ratio of 3.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About HashiCorp Stock (NASDAQ:HCP)

HashiCorp, Inc. engages in the provision of multi-cloud infrastructure automation solutions worldwide. The company offers infrastructure provisioning products, including Terraform, that enables IT operations teams to apply an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; Packer, that provides a consistent way to define the process of transforming the raw source inputs into a production worthy artifact, across any environment or packaging format; and Vagrant, that allows teams to define how development environments are set up. It also provides security products, such as Vault, a secrets management and data protection product, which enables security teams to apply policies based on application and user identity to govern access to credentials and secure sensitive data; and Boundary, that applies an identity-based approach to privileged access management and unifies the controls to a single system. In addition, the company offers Consul, an application-centric networking automation product that enables practitioners to manage application traffic, security teams to secure and restrict access between applications, and operations teams to automate the underlying network infrastructure; Nomad, a scheduler and workload orchestrator, which provides practitioners with a self-service interface to manage the application lifecycle; and Waypoint, an application delivery product that provides a developer-focused workflow for the build, deploy, and release process. Further, it provides HashiCorp Cloud Platform, a fully-managed cloud platform for multiple products to accelerate enterprise cloud migration by addressing resource and skills gaps, improving operational efficiency, and speeding up deployment time for customers. The company was incorporated in 2012 and is headquartered in San Francisco, California.

HCP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HCP Stock News Headlines

April 14, 2024 | insidertrades.com

HashiCorp, Inc. (NASDAQ:HCP) CMO Sells $365,990.80 in Stock

April 6, 2024 | insidertrades.com

Armon Dadgar Sells 35,904 Shares of HashiCorp, Inc. (NASDAQ:HCP) Stock

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 23, 2024 | insidertrades.com

Insider Selling: HashiCorp, Inc. (NASDAQ:HCP) CMO Sells 8,009 Shares of Stock

March 23, 2024 | insidertrades.com

HashiCorp, Inc. (NASDAQ:HCP) CFO Sells $250,700.67 in Stock

April 17, 2024 | finance.yahoo.com

HashiCorp, Inc. (HCP) Interactive Stock Chart - Yahoo Finance

April 17, 2024 | finance.yahoo.com

HashiCorp Expands European Footprint with Opening of Madrid Tech Hub

April 17, 2024 | nasdaq.com

Notable Monday Option Activity: HD, AGNC, HCP

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 16, 2024 | americanbankingnews.com

HashiCorp, Inc. (NASDAQ:HCP) Sees Large Increase in Short Interest

April 16, 2024 | americanbankingnews.com

HashiCorp (NASDAQ:HCP) Rating Increased to Hold at StockNews.com

April 12, 2024 | finance.yahoo.com

Q4 Earnings Outperformers: HashiCorp (NASDAQ:HCP) And The Rest Of The Software Development Stocks

April 6, 2024 | investing.com

HashiCorp CTO Armon Dadgar sells shares worth over $922k

March 27, 2024 | finanznachrichten.de

HashiCorp, Inc.: HashiCorp Promotes Christine Centa to Chief People Officer

March 27, 2024 | finance.yahoo.com

HashiCorp Inc CFO Navam Welihinda Sells 21,223 Shares

March 27, 2024 | finance.yahoo.com

HashiCorp Inc (HCP) CMO Marc Holmes Sells 14,767 Shares

March 26, 2024 | globenewswire.com

HashiCorp Promotes Christine Centa to Chief People Officer

March 22, 2024 | finance.yahoo.com

HashiCorp Inc (HCP) Insider Sells Shares

March 22, 2024 | finance.yahoo.com

HashiCorp Inc CFO Navam Welihinda Sells 9,153 Shares

March 22, 2024 | finance.yahoo.com

HashiCorp Inc CEO and Chairman David Mcjannet Sells 33,331 Shares

March 22, 2024 | finance.yahoo.com

HashiCorp Inc (HCP) CMO Marc Holmes Sells 8,009 Shares

March 20, 2024 | seekingalpha.com

HashiCorp: Path To Growth Acceleration Is Still Intact

March 20, 2024 | finance.yahoo.com

HCP May 2024 21.000 put

March 20, 2024 | finance.yahoo.com

HCP May 2024 33.000 call

March 18, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Edgio (EGIO), Nuvei Corp (NVEI) and HashiCorp (HCP)

March 18, 2024 | finance.yahoo.com

Why HashiCorp (HCP) Stock Is Trading Up Today

March 18, 2024 | markets.businessinsider.com

Piper Sandler Keeps Their Hold Rating on HashiCorp (HCP)

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/05/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Custom computer programming services
Sub-Industry: Application Software
Current Symbol: NASDAQ:HCP
CUSIP: 40414L10
CIK: 765880
Web: www.hashicorp.com
Phone: 415-301-3227
Fax: N/A
Employees: 2,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $28.77
High Stock Price Target: $38.00
Low Stock Price Target: $24.00
Potential Upside/Downside: +22.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.64
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.98)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-190,670,000.00
Net Margins: -32.70%
Pretax Margin: -32.52%
Return on Equity: -15.58%
Return on Assets: -11.55%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.50
Quick Ratio: 3.50

Sales & Book Value

Annual Sales: $583.14 million
Price / Sales: 8.05
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $6.09 per share
Price / Book: 3.86

Miscellaneous

Outstanding Shares: 199,540,000
Free Float: 147,404,000
Market Cap: $4.70 billion
Optionable: Optionable
Beta: 1.42

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Key Executives

Mr. David McJannet (Age 51)
CEO & Chairman of the Board
Comp: $982.1k
Mr. Armon Dadgar (Age 32)
Co-Founder, CTO & Director
Comp: $581.72k
Mr. Navam Welihinda
Chief Financial Officer
Mr. Marc Holmes (Age 48)
Chief Marketing & Business Operations Officer
Comp: $499.75k
Ms. Susan St. Ledger (Age 59)
President of Worldwide Field Operations & Director
Comp: $41k
Mr. Talha Tariq
Chief Information Officer & Chief Security Officer
Mr. Alexander Kurtz (Age 49)
Head of Investor Relations
Mr. Paul D. Warenski (Age 59)
Chief Legal Officer
Mr. Gurpreet Singh
Senior Vice President of Networking
Karen Hui
Senior Partner & Marketing Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HCP Stock Analysis - Frequently Asked Questions

Should I buy or sell HashiCorp stock right now?: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HashiCorp in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HCP shares.
View HCP analyst ratings or view top-rated stocks.
What is HashiCorp's stock price target for 2024?: 14 analysts have issued 1 year price targets for HashiCorp's stock. Their HCP share price targets range from $24.00 to $38.00. On average, they anticipate the company's share price to reach $28.77 in the next year. This suggests a possible upside of 22.3% from the stock's current price.
View analysts price targets for HCP or view top-rated stocks among Wall Street analysts.
How have HCP shares performed in 2024?: HashiCorp's stock was trading at $23.64 at the start of the year. Since then, HCP stock has decreased by 0.5% and is now trading at $23.53.
View the best growth stocks for 2024 here.
Are investors shorting HashiCorp?: HashiCorp saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 6,900,000 shares, an increase of 6.8% from the March 15th total of 6,460,000 shares. Based on an average daily volume of 2,400,000 shares, the short-interest ratio is currently 2.9 days. Approximately 6.2% of the company's stock are short sold.
View HashiCorp's Short Interest.
When is HashiCorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our HCP earnings forecast.
How were HashiCorp's earnings last quarter?: HashiCorp, Inc. (NASDAQ:HCP) issued its quarterly earnings results on Tuesday, March, 5th. The company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.21) by $0.06. The company had revenue of $155.78 million for the quarter, compared to the consensus estimate of $149.47 million. HashiCorp had a negative net margin of 32.70% and a negative trailing twelve-month return on equity of 15.58%.

What ETFs hold HashiCorp's stock?: ETFs with the largest weight of HashiCorp (NASDAQ:HCP) stock in their portfolio include WisdomTree Cybersecurity Fund (WCBR), Jacob Forward ETF (JFWD), First Trust Cloud Computing ETF (SKYY), ProShares Ultra Nasdaq Cloud Computing ETF (SKYU), Fidelity Disruptive Technology ETF (FDTX), SPDR FactSet Innovative Technology ETF (XITK), Amplify Global Cloud Technology ETF (IVES) and Renaissance IPO ETF (IPO).
What guidance has HashiCorp issued on next quarter's earnings?: HashiCorp issued an update on its first quarter 2025 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of -0.020-0.000 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of $152.0 million-$154.0 million, compared to the consensus revenue estimate of $152.7 million.
When did HashiCorp IPO?: HashiCorp (HCP) raised $1.1 billion in an IPO on Thursday, December 9th 2021. The company issued 15,300,000 shares at a price of $68.00-$72.00 per share.
Who are HashiCorp's major shareholders?: HashiCorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Artemis Investment Management LLP (0.78%), IMC Chicago LLC (0.00%) and Renaissance Capital LLC (0.03%). Insiders that own company stock include Armon Dadgar, Brandon Sweeney, David J Henshall, David Mcjannet, Ggv Capital Select LLC, Glenn Solomon, Ledger Susan St, Marc Holmes, Navam Welihinda, Sigal Zarmi and Xiv A Cayman Islands Mayfield.
View institutional ownership trends.
How do I buy shares of HashiCorp?: Shares of HCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HCP) was last updated on 4/18/2024 by MarketBeat.com Staff

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HashiCorp (HCP) Stock Price, News & Analysis

HashiCorp MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About HashiCorp Stock (NASDAQ:HCP)

HCP Stock Price History

HCP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

HCP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™