NASDAQ:HCP

HashiCorp (HCP) Stock Price, News & Analysis

$32.66
-0.16 (-0.49%)
(As of 12:51 PM ET)
Today's Range
$32.62
$32.79
50-Day Range
$21.61
$32.82
52-Week Range
$18.91
$36.39
Volume
10.06 million shs
Average Volume
3.23 million shs
Market Capitalization
$6.52 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.77

HashiCorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
5.8% Downside
$30.77 Price Target
Short Interest
Bearish
6.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of HashiCorp in the last 14 days
Based on 58 Articles This Week
Insider Trading
Selling Shares
$6.73 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.

1.36 out of 5 stars

Computer And Technology Sector

501st out of 591 stocks

Custom Computer Programming Services Industry

18th out of 23 stocks

HCP stock logo

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

HCP Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
HashiCorp (NASDAQ:HCP) PT Raised to $32.00
HashiCorp (NASDAQ:HCP) Shares Gap Up After Analyst Upgrade
HashiCorp: IBM's Big Deal? Cash In Now
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
BTIG Downgrades HashiCorp (HCP)
IBM shares fall on HashiCorp takeover plans and sales miss
HashiCorp (NASDAQ:HCP) Downgraded by BTIG Research to Neutral
HashiCorp (NASDAQ:HCP) Shares Up 8.3% Following Analyst Upgrade
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
4/26/2024
Next Earnings (Estimated)
6/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Application Software
Current Symbol
NASDAQ:HCP
CUSIP
40414L10
Fax
N/A
Employees
2,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.77
High Stock Price Target
$38.00
Low Stock Price Target
$24.00
Potential Upside/Downside
-11.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
14 Analysts

Profitability

Net Income
$-190,670,000.00
Pretax Margin
-32.52%

Debt

Sales & Book Value

Annual Sales
$583.14 million
Book Value
$6.09 per share

Miscellaneous

Free Float
147,404,000
Market Cap
$6.55 billion
Optionable
Optionable
Beta
1.42
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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 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HCP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HCP, but not buy additional shares or sell existing shares.
View HCP analyst ratings
or view top-rated stocks.

What is HashiCorp's stock price target for 2024?

14 Wall Street analysts have issued 1 year target prices for HashiCorp's stock. Their HCP share price targets range from $24.00 to $38.00. On average, they expect the company's share price to reach $30.77 in the next year. This suggests that the stock has a possible downside of 5.8%.
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 on January 1st, 2024. Since then, HCP stock has increased by 38.2% and is now trading at $32.67.
View the best growth stocks for 2024 here
.

Are investors shorting HashiCorp?

HashiCorp saw a increase in short interest in 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 trading volume, of 2,400,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 6.2% of the shares of the company 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) released its earnings results on Tuesday, March, 5th. The company reported ($0.15) EPS for the quarter, topping analysts' consensus estimates of ($0.21) by $0.06. The business earned $155.78 million during the quarter, compared to analyst estimates of $149.47 million. HashiCorp had a negative trailing twelve-month return on equity of 15.58% and a negative net margin of 32.70%.

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

HashiCorp updated its first quarter 2025 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of -0.020-0.000 for the period, compared to the consensus 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 variety of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.78%), Elite Wealth Management Inc. (0.25%), Fifth Third Bancorp (0.06%), IMC Chicago LLC (0.00%), Renaissance Capital LLC (0.03%) and Diversified Trust Co (0.01%). 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 4/26/2024 by MarketBeat.com Staff

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