HashiCorp, Inc. (HCP)
NASDAQ: HCP · IEX Real-Time Price · USD
33.04
+0.11 (0.33%)
At close: May 17, 2024, 4:00 PM
33.00
-0.04 (-0.12%)
After-hours: May 17, 2024, 7:33 PM EDT
HashiCorp Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for HashiCorp stock have an average target of 31.42, with a low estimate of 24 and a high estimate of 38. The average target predicts a decrease of -4.90% from the current stock price of 33.04.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for HashiCorp stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 1 | 1 |
| Buy | 5 | 3 | 4 | 5 | 4 | 4 |
| Hold | 7 | 7 | 5 | 6 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 14 | 13 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy → Hold Downgrades $31 → $35 | Buy → Hold | Downgrades | $31 → $35 | +5.93% | Apr 25, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $25 → $35 | Hold | Maintains | $25 → $35 | +5.93% | Apr 25, 2024 |
| Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Apr 25, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $27 → $35 | Strong Buy → Hold | Downgrades | $27 → $35 | +5.93% | Apr 25, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $28 → $32 | Hold | Maintains | $28 → $32 | -3.15% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
652.02M
from 583.14M
Increased by 11.81%
Revenue Next Year
762.27M
from 652.02M
Increased by 16.91%
EPS This Year
0.07
from -0.98
EPS Next Year
0.27
from 0.07
Increased by 302.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 679.4M | 816.4M | 1.0B |
| Avg | 652.0M | 762.3M | 912.0M |
| Low | 630.7M | 716.1M | 853.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.5% | 25.2% | 32.0% |
| Avg | 11.8% | 16.9% | 19.6% |
| Low | 8.2% | 9.8% | 12.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.21 | 0.65 | 0.99 |
| Avg | 0.07 | 0.27 | 0.64 |
| Low | 0.01 | 0.10 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 875.0% | 267.2% |
| Avg | - | 302.5% | 137.7% |
| Low | - | 46.8% | 5.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.