HashiCorp, Inc. (HCP)
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]
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 StatementsAnalyst 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.
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...
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.
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...
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...
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...
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...
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...
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...
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.
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.
IBM Is Buying HashiCorp For $6.4B. Earnings Top Estimates.
The company touted strong AI momentum.
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...
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.
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
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...
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.
IBM Nears Deal for Cloud-Software Provider
Takeover could value HashiCorp at a premium to its market value of $4.9 billion.
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 ...
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...
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
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.
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.
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.
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.
'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.