HashiCorp, Inc. (HCP)

NASDAQ: HCP · IEX Real-Time Price · USD
25.94
+0.72 (2.85%)
Feb 27, 2024, 10:59 AM EST - Market open
2.85%
Market Cap 4.94B
Revenue (ttm) 563.14M
Net Income (ttm) -208.41M
Shares Out 195.86M
EPS (ttm) -1.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 820,167
Open 25.45
Previous Close 25.22
Day's Range 25.31 - 25.94
52-Week Range 18.91 - 36.39
Beta 1.31
Analysts Buy
Price Target 29.92 (+15.34%)
Earnings Date Mar 5, 2024

About HCP

HashiCorp, Inc. provides multi-cloud infrastructure automation solutions worldwide. The company offers Terraform, an infrastructure provisioning product that applies an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; and 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. It als... [Read more]

Sector Technology
IPO Date Dec 9, 2021
Employees 2,400
Stock Exchange NASDAQ
Ticker Symbol HCP
Full Company Profile

Financial Performance

In 2022, HashiCorp's revenue was $475.89 million, an increase of 48.36% compared to the previous year's $320.77 million. Losses were -$274.30 million, -5.46% less than in 2021.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for HCP stock is "Buy." The 12-month stock price forecast is $29.92, which is an increase of 15.34% from the latest price.

Price Target
$29.92
(15.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

HashiCorp to announce fourth quarter and fiscal year 2024 financial results Mar. 5, 2024

SAN FRANCISCO, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it will release financial results ...

17 days ago - GlobeNewsWire

HashiCorp appoints Michael Weingartner as Chief Product Officer, promotes Talha Tariq to Chief Information Officer and Chief Security Officer

Weingartner to help HashiCorp scale for next phase of growth, focused on building out the HashiCorp Cloud Platform for infrastructure and security lifecycle management Weingartner to help HashiCorp sc...

7 weeks ago - GlobeNewsWire

HashiCorp CEO David McJannet talks the enterprise software space and its role in the AI boom

David McJannet, HashiCorp CEO, joins 'Closing Bell Overtime' to talk the enterprise software space, cloud computing, the AI boom and more.

2 months ago - CNBC Television

Google Cloud and Hashicorp Extend Partnership to Advance Product Offerings with Generative AI

HashiCorp and Google Cloud will launch new product capabilities powered by Vertex AI and add support for Duet AI to help enhance automation workflows for developers SAN FRANCISCO and SUNNYVALE, Calif....

2 months ago - PRNewsWire

HashiCorp Announces Third Quarter of Fiscal Year 2024 Financial Results

SAN FRANCISCO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its third qu...

2 months ago - GlobeNewsWire

HashiCorp to announce third quarter fiscal year 2024 financial results Dec. 7, 2023

SAN FRANCISCO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it will release financial results ...

4 months ago - GlobeNewsWire

HashiCorp CEO on unveiling new AI products, monetizing products and customer spend

Dave McJannet, HashiCorp CEO, joins 'Closing Bell: Overtime' to discuss the companies AI and Cloud updates.

4 months ago - CNBC Television

HashiCorp strengthens its cloud platform to boost developers and platform teams with further workflow automation and lifecycle management

SAN FRANCISCO , Oct. 11, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced at HashiConf , its flagship user ...

4 months ago - GlobeNewsWire

HashiCorp customers improve cloud maturity to deliver business value

The Home Depot, Unity, BlackRock, PagerDuty, Indeed, and Wayfair join HashiConf to discuss how they drive developer productivity, reduce costs, and strengthen security for cloud The Home Depot, Unity,...

4 months ago - GlobeNewsWire

HashiCorp Announces Second Quarter of Fiscal Year 2024 Financial Results

SAN FRANCISCO, Aug. 31, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its second q...

6 months ago - GlobeNewsWire

Splinter group officially launches OpenTF fork of HashiCorp Terraform

Earlier this month HashiCorp announced that it was changing the open source license it uses for Terraform and its other developer tools. The change triggered an uproar in the open source community.

6 months ago - TechCrunch

HashiCorp adopts the Business Source License for future releases of its products

Updated license ensures the continued availability of source code for the HashiCorp community while providing more control over commercialization of HashiCorp products Updated license ensures the cont...

7 months ago - GlobeNewsWire

HashiCorp to announce second quarter fiscal year 2024 financial results Aug. 31, 2023

SAN FRANCISCO, Aug. 07, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it will release financial results ...

7 months ago - GlobeNewsWire

Abbey Labs Launches Public Beta and Announces HashiCorp Partnership

SAN FRANCISCO--(BUSINESS WIRE)--Abbey Labs is announcing the launch of its public beta and a partnership with HashiCorp aimed at co-developing & co-marketing Abbey's platform.

7 months ago - Business Wire

Vercara partners with HashiCorp to facilitate DNS management and automation

STERLING, Va.--(BUSINESS WIRE)--Vercara, a leading provider of cloud-based services that secure the online experience, has released a new integration of its enterprise-grade, cloud-based authoritative...

8 months ago - Business Wire

HashiCorp was in a ‘logical position' to acquire BluBracket: find out more

HashiCorp Inc (NASDAQ: HCP) has acquired BluBracket to expand its footprint in secrets management, the company announced in a press release last week.   What are HCP's plans for BluBracket?

8 months ago - Invezz

Hashicorp CEO Dave McJannet on acquiring 'BluBracket', securing code and cloud

Dave McJannet, Hashicorp CEO, joins 'Closing Bell Overtime' to discuss securing code and cloud as the company acquires BluBracket.

8 months ago - CNBC Television

HashiCorp joins Russell 3000® Index

Annual index reconstitution recognizes leading cloud infrastructure automation company as one of the 4,000 largest U.S. stocks Annual index reconstitution recognizes leading cloud infrastructure autom...

8 months ago - GlobeNewsWire

HashiCorp recognized as the winner of Microsoft Global OSS on Azure Partner of the Year and a U.S. Partner OSS on Azure finalist

SAN FRANCISCO, June 27, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it has been named the winner of Gl...

8 months ago - GlobeNewsWire

HashiCorp acquires code security startup BluBracket

Infrastructure automation company HashiCorp today announced that it has acquired code security startup BluBracket. Founded by the team behind Vera Security, BluBracket raised a $12 million Series A ro...

8 months ago - TechCrunch

HashiCorp Acquires BluBracket to Expand its Secrets Management Capabilities

BluBracket's code security product will complement and expand HashiCorp Vault BluBracket's code security product will complement and expand HashiCorp Vault

8 months ago - GlobeNewsWire

New HashiCorp Boundary offering delivers identity-driven, modern privileged access management

HashiCorp extends security portfolio with Boundary Enterprise, Boundary session recording, and HCP Vault Secrets HashiCorp extends security portfolio with Boundary Enterprise, Boundary session recordi...

9 months ago - GlobeNewsWire

HashiCorp 2023 State of Cloud Strategy Survey Shows Cloud Maturity Drives Operational Efficiency

Survey highlights the benefits of reaching cloud maturity, including retaining talent, cost savings, security posture, and operational efficiency Survey highlights the benefits of reaching cloud matur...

9 months ago - GlobeNewsWire

HashiCorp CEO on macro demand, workforce cuts and revenue outlook

Dave McJannet, HashiCorp CEO, joins 'Closing Bell: Overtime' to discuss earnings, stock move, demand and workforce cuts.

9 months ago - CNBC Television

HashiCorp Announces First Quarter Financial Results of Fiscal Year 2024

SAN FRANCISCO, June 07, 2023 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its first qu...

9 months ago - GlobeNewsWire