HashiCorp, Inc. (HCP)

NASDAQ: HCP · IEX Real-Time Price · USD
33.62
-0.04 (-0.12%)
At close: Jul 2, 2024, 4:00 PM
33.50
-0.12 (-0.36%)
After-hours: Jul 2, 2024, 6:16 PM EDT
-0.12%
Market Cap 7.02B
Revenue (ttm) 605.73M
Net Income (ttm) -188.54M
Shares Out 208.71M
EPS (ttm) -0.95
PE Ratio n/a
Forward PE 451.35
Dividend n/a
Ex-Dividend Date n/a
Volume 1,469,206
Open 33.75
Previous Close 33.66
Day's Range 33.61 - 33.75
52-Week Range 18.91 - 34.05
Beta 1.25
Analysts Hold
Price Target 31.70 (-5.71%)
Earnings Date May 30, 2024

About 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 environmen... [Read more]

Sector Technology
IPO Date Dec 9, 2021
Employees 2,200
Stock Exchange NASDAQ
Ticker Symbol HCP
Full Company Profile

Financial Performance

In 2023, HashiCorp's revenue was $583.14 million, an increase of 22.54% compared to the previous year's $475.89 million. Losses were -$190.67 million, -30.49% less than in 2022.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for HCP stock is "Hold." The 12-month stock price forecast is $31.7, which is a decrease of -5.71% from the latest price.

Price Target
$31.7
(-5.71% downside)
Analyst Consensus: Hold
Stock Forecasts

News

URGENT: The M&A Class Action Firm Investigates Merger and Looming Vote on July 15, 2024, of HashiCorp, Inc. - HCP

NEW YORK , July 2, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securitie...

8 hours ago - PRNewsWire

HCP Alert: Monsey Law Firm of Wohl & Fruchter Investigating the Sale of HashiCorp to IBM

MONSEY, N.Y., July 01, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the proposed sale of HashiCorp, Inc. (Nasdaq: HCP) (“Hashi”) to IBM for $35.00 per share in cash.

1 day ago - GlobeNewsWire

HashiCorp 2024 State of Cloud Strategy Survey shows the path to cloud success requires platform engineering capabilities

Only 8% of organizations are fully realizing the business benefits of their cloud investments with standardized shared services Only 8% of organizations are fully realizing the business benefits of th...

5 days ago - GlobeNewsWire

URGENT STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Upcoming Vote on July 15, 2024, for HashiCorp Inc. - HCP

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Secur...

14 days ago - GlobeNewsWire

HASHICORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HashiCorp Inc. - HCP

NEW ORLEANS , June 14, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Other symbols: IBM
18 days ago - PRNewsWire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HCP, BATL on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / June 14, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breac...

Other symbols: BATL
18 days ago - Accesswire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HCP, DRQ on Behalf of Shareholders

NEW YORK , June 13, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches...

Other symbols: DRQ
19 days ago - PRNewsWire

HashiCorp and AWS sign strategic collaboration agreement to expand joint product and go-to-market initiatives

Expanded collaboration will see increased investments to develop new customer solutions and go-to-market efforts Expanded collaboration will see increased investments to develop new customer solutions...

4 weeks ago - GlobeNewsWire

HashiCorp brings The Infrastructure Cloud to Europe and expands Infrastructure and Security Lifecycle Management capabilities

HashiCorp Cloud Platform (HCP) Terraform is now available for customers in Europe HashiCorp Cloud Platform (HCP) Terraform is now available for customers in Europe

4 weeks ago - GlobeNewsWire

HashiCorp Announces First Quarter of Fiscal Year 2025 Financial Results

First quarter revenue totaled $160.6 million , representing an increase of 16% year-over-year. Trailing four quarter average Net Dollar Retention Rate was 113% at the end of the first quarter of fisca...

4 weeks ago - GlobeNewsWire

HashiCorp to Announce First Quarter Fiscal Year 2025 Financial Results on May 30, 2024

SAN FRANCISCO, May 16, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), The Infrastructure Cloud™ company, today announced it will release financial results for its first quarter of 2025 fiscal...

6 weeks ago - GlobeNewsWire

HASHICORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HashiCorp Inc. - HCP

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HashiCorp Inc. (...

Other symbols: IBM
7 weeks ago - Business Wire

IBM CEO Arvind Krishna on revenue miss, consulting business and HashiCorp acquisition

IBM CEO Arvind Krishna joins 'Money Movers' to discuss the company's revenue miss, company outlook, and consulting business.

Other symbols: IBM
2 months ago - CNBC Television

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of HashiCorp Inc. - HCP

NEW YORK , April 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securit...

2 months ago - PRNewsWire

The IBM-HashiCorp coupling could be more complicated than it seems

At a quick glance the IBM-HashiCorp deal seems like a good one for both sides, but upon closer inspection, perhaps not.

Other symbols: IBM
2 months ago - TechCrunch

IBM Stock Drops After Confirming $6.4B HashiCorp Acquisition, Posting Q1 Revenue Miss

Shares in IBM (IBM) plunged more than 8% in extended trading Wednesday after the computing and consulting giant confirmed it will acquire cloud software maker HashiCorp (HCP) for $6.4 billion and post...

Other symbols: IBM
2 months ago - Investopedia

Shareholder Alert: Ademi LLP investigates whether HashiCorp Inc. has obtained a Fair Price in its transaction with IBM

MILWAUKEE , April 24, 2024 /PRNewswire/ -- Ademi LLP is investigating HashiCorp (NASDAQ: HCP) for possible breaches of fiduciary duty and other violations of law in its transaction with IBM. Click her...

2 months ago - PRNewsWire

HCP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of HashiCorp Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HashiCorp Inc. (NASDAQ: HCP) to IBM for $35.00 per share in cash is fair to HashiCorp sha...

2 months ago - Business Wire

IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition

IBM wisely gravitated away from trying to be a pure cloud infrastructure vendor years ago, recognizing that it could never compete with the big three – Amazon, Microsoft and Google. It has since moved...

Other symbols: IBM
2 months ago - TechCrunch

IBM's stock drops as company plans to buy HashiCorp in $6.4 billion deal

International Business Machines Corp. came up a hair short with its revenue for the latest quarter, while announcing its intent to acquire infrastructure-automation company HashiCorp Inc. in a $6.4 bi...

Other symbols: IBM
2 months ago - Market Watch

IBM to buy HashiCorp in $6.4 billion deal to expand cloud software

International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand...

Other symbols: IBM
2 months ago - Reuters

IBM to Buy HashiCorp in $6.4 Billion Deal

IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp's roster of some 4,400 clients.

Other symbols: IBM
2 months ago - WSJ

IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss

IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.

Other symbols: IBM
2 months ago - CNBC

IBM Is Buying HashiCorp For $6.4B. Earnings Top Estimates.

The company touted strong AI momentum.

Other symbols: IBM
2 months ago - Barrons

IBM to Acquire HashiCorp, Inc. Creating a Comprehensive End-to-End Hybrid Cloud Platform

$6.4 billion acquisition adds suite of leading hybrid and multi-cloud lifecycle management products to help clients grappling with today's AI-driven application growth and complexity HashiCorp's capab...

Other symbols: IBM
2 months ago - PRNewsWire