HashiCorp, Inc. (HCP)

NASDAQ: HCP · IEX Real-Time Price · USD
32.59
-0.23 (-0.70%)
At close: Apr 26, 2024, 4:00 PM
32.51
-0.08 (-0.25%)
After-hours: Apr 26, 2024, 5:23 PM EDT
-0.70%
Market Cap 6.53B
Revenue (ttm) 583.14M
Net Income (ttm) -190.67M
Shares Out 200.37M
EPS (ttm) -0.98
PE Ratio n/a
Forward PE 2,072.40
Dividend n/a
Ex-Dividend Date n/a
Volume 20,435,152
Open 32.71
Previous Close 32.82
Day's Range 32.51 - 32.80
52-Week Range 18.91 - 36.39
Beta 1.42
Analysts Hold
Price Target 31.42 (-3.59%)
Earnings Date Jun 5, 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 15 analysts, the average rating for HCP stock is "Hold." The 12-month stock price forecast is $31.42, which is a decrease of -3.59% from the latest price.

Price Target
$31.42
(-3.59% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

1 hour 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
4 hours 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
1 day 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...

1 day 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...

1 day 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 days 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 days 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 days 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 days 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 days ago - CNBC

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

The company touted strong AI momentum.

Other symbols: IBM
2 days 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 days ago - PRNewsWire

HashiCorp Shares Spike on Report IBM May Bid on It

Shares of the cloud software company jumped 29% on the report, giving it a market capitalization of about $6 billion.

Other symbols: IBM
3 days ago - Barrons

HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker

HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker

Other symbols: IBM
3 days ago - CNBC

IBM nears acquisition of HashiCorp: report

IBM Corp. IBM, +0.83% is closing in on acquiring cloud-software provider HashiCorp Inc. HCP, +24.40%, according to a report Tuesday in the Wall Street Journal. The deal, which could be reached in days...

Other symbols: IBM
3 days ago - Market Watch

IBM nearing a buyout deal for HashiCorp, WSJ reports

International Business Machines is nearing a deal to buy cloud software provider HashiCorp , the Wall Street Journal reported on Tuesday.

Other symbols: IBM
3 days ago - Reuters

IBM Nears Deal for Cloud-Software Provider

Takeover could value HashiCorp at a premium to its market value of $4.9 billion.

Other symbols: IBM
3 days ago - WSJ

HashiCorp unveils The Infrastructure Cloud, a unified platform for cloud Infrastructure and Security Lifecycle Management

HashiCorp Cloud Platform (HCP) enables enterprise customers to do cloud right to increase speed, reduce cost, and mitigate risk HashiCorp Cloud Platform (HCP) enables enterprise customers to do cloud ...

4 days ago - GlobeNewsWire

HashiCorp Expands European Footprint with Opening of Madrid Tech Hub

MADRID, Spain, April 17, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, announced today the opening of its Madrid tech hu...

9 days ago - GlobeNewsWire

HashiCorp Promotes Christine Centa to Chief People Officer

Centa to help HashiCorp enhance employee experience for next phase of growth Centa to help HashiCorp enhance employee experience for next phase of growth

4 weeks ago - GlobeNewsWire

HashiCorp Stock Pops on Report It's Considering a Sale

HashiCorp has been working with a financial adviser to gauge the interest of potential buyers, according to a report.

5 weeks ago - Barrons

HashiCorp's stock jumps on report that it's considering a sale

HashiCorp Inc.'s shares climbed more than 12% after hours Friday, after a report revealed that the cloud-adoption software company is considering putting itself up for sale.

5 weeks ago - Market Watch

Cloud software company HashiCorp exploring potential sale, Bloomberg News reports

Cloud software vendor HashiCorp is exploring options, including a sale, Bloomberg News reported on Friday citing people familiar with the matter.

5 weeks ago - Reuters

HashiCorp shares jump on report that company is considering a sale

Bloomberg reported on Friday that HashiCorp has engaged an outside firm to see about interest from potential buyers.

5 weeks ago - CNBC

'The time is right', says HashiCorp CEO on $250 million share buyback plan

Dave McJannet, HashiCorp CEO, joins 'Closing Bell Overtime' to talk Q4 earnings, its buyback plan, and more.

7 weeks ago - CNBC Television