HashiCorp, Inc. (HCP)
NASDAQ: HCP · IEX Real-Time Price · USD
23.97
+0.34 (1.44%)
At close: Apr 19, 2024, 4:00 PM
24.29
+0.32 (1.34%)
After-hours: Apr 19, 2024, 7:52 PM EDT

HashiCorp Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for HashiCorp stock have an average target of 29.14, with a low estimate of 24 and a high estimate of 38. The average target predicts an increase of 21.57% from the current stock price of 23.97.

Analyst Consensus: Buy
Target Low Average Median High
Price $24 $29.14 $28 $38
Change +0.13% +21.57% +16.81% +58.53%
* Price targets were last updated on Mar 12, 2024.

Analyst Ratings

The average analyst rating for HashiCorp stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 444444
Buy 653455
Hold 677566
Sell 000000
Strong Sell 000000
Total 161614131515

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keybanc
Keybanc
Hold
Initiates
n/a
Hold Initiates n/a n/a Mar 19, 2024
Scotiabank
Scotiabank
Buy
Upgrades
$31
Buy Upgrades $31 +29.33% Mar 12, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$38
Buy Reiterates $38 +58.53% Mar 7, 2024
Needham
Needham
Strong Buy
Reiterates
$30
Strong Buy Reiterates $30 +25.16% Mar 7, 2024
TD Cowen
TD Cowen
Hold
Maintains
$23$26
Hold Maintains $23$26 +8.47% Mar 6, 2024
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
121.26M211.85M320.77M475.89M583.14M652.02M762.27M908.98M
Revenue Growth
-74.71%51.41%48.36%22.54%11.81%16.91%19.25%
EPS
-0.90-1.32-3.48-1.47-0.980.070.270.57
EPS Growth
------302.53%111.12%
No. Analysts -----19196
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 679.4M 816.4M 1.0B
Avg 652.0M 762.3M 909.0M
Low 630.7M 716.1M 853.9M

Revenue Growth

Revenue Growth 202420252026
High
16.5%
25.2%
32.0%
Avg
11.8%
16.9%
19.2%
Low
8.2%
9.8%
12.0%

EPS Forecast

EPS 202420252026
High 0.21 0.65 0.99
Avg 0.07 0.27 0.57
Low 0.01 0.10 0.27

EPS Growth

EPS Growth 202420252026
High -
875.0%
267.2%
Avg -
302.5%
111.1%
Low -
46.8%
1.7%
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.