​

HashiCorp (HCP) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

HCP Stock Forecast

HashiCorp stock forecast is as follows: an average price target of $39.82 (represents a 16.60% upside from HCP’s last price of $34.15) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.

HCP Price Target

The average price target for HashiCorp (HCP) is $39.82 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $31.00. This represents a potential 16.60% upside from HCP's last price of $34.15.

HCP Analyst Ratings

Hold

According to 11 Wall Street analysts, HashiCorp's rating consensus is 'Hold'. The analyst rating breakdown for HCP stock is 0 'Strong Buy' (0.00%), 2 'Buy' (18.18%), 9 'Hold' (81.82%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

HashiCorp Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 29, 2024Sanjit SinghMorgan Stanley$35.00$32.597.39%2.49%
Apr 25, 2024James FishPiper Sandler$35.00$32.906.38%2.49%
Apr 25, 2024Miller JumpTruist Financial$35.00$31.4111.43%2.49%
Apr 24, 2024Brad RebackStifel Nicolaus$35.00$31.4111.43%2.49%
Mar 12, 2024Nick AltmannScotiabank$31.00$26.7915.71%-9.22%
Feb 26, 2024Sanjit SinghMorgan Stanley$30.00$22.1235.62%-12.15%
Sep 01, 2023Alex HendersonNeedham$36.00$28.1128.07%5.42%
Jun 08, 2023Ittai KidronOppenheimer$42.00$25.5564.35%22.99%
Mar 06, 2023Alex HendersonNeedham$39.00$32.1621.29%14.20%
Dec 19, 2022Morgan Stanley$37.00$27.0336.88%8.35%
Dec 08, 2022Cowen & Co.$42.00$28.7046.34%22.99%
Dec 08, 2022Piper Sandler$34.00$28.3919.76%-0.44%
Oct 07, 2022James FishPiper Sandler$39.00$32.2520.93%14.20%
Sep 02, 2022Stifel Nicolaus$45.00$29.6851.62%31.77%
Jul 22, 2022Citigroup$40.00$33.5819.12%17.13%
Jul 13, 2022Piper Sandler$38.00$34.998.59%11.27%
Jun 06, 2022Goldman Sachs$53.00$34.0055.88%55.20%
Jun 03, 2022Stifel Nicolaus$51.00$34.7046.97%49.34%
Jun 03, 2022JMP Securities$54.00$34.7355.46%58.13%
Jun 03, 2022Piper Sandler$46.00$41.2711.46%34.70%
May 19, 2022Morgan Stanley$47.00$33.8838.72%37.63%

The latest HashiCorp stock forecast, released on Apr 29, 2024 by Sanjit Singh from Morgan Stanley, set a price target of $35.00, which represents a 7.39% increase from the stock price at the time of the forecast ($32.59), and a 2.49% increase from HCP last price ($34.15).

HashiCorp Price Target by Period

1M3M12M
# Anlaysts--6
Avg Price Target--$33.50
Last Closing Price$34.15$34.15$34.15
Upside/Downside-100.00%-100.00%-1.90%

In the current month, the average price target of HashiCorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to HashiCorp's last price of $34.15. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jun 06, 2024JMP SecuritiesPerformMarket PerformDowngrade
Jun 06, 2024JMP SecuritiesMarket OutperformPerformDowngrade
May 31, 2024Piper SandlerNeutralNeutralHold
Apr 29, 2024Morgan StanleyOverweightEqual-WeightDowngrade
Apr 25, 2024Piper SandlerNeutralNeutralHold
Apr 25, 2024ScotiabankSector OutperformSector PerformDowngrade
Apr 24, 2024William BlairMarket PerformDowngrade
Apr 24, 2024ScotiabankSector OutperformSector OutperformHold
Apr 24, 2024Bank of America SecuritiesNeutralNeutralHold
Mar 12, 2024ScotiabankSector OutperformUpgrade
Mar 04, 2024NeedhamBuyBuyHold
Feb 26, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Jan 22, 2024NeedhamMarket PerformMarket PerformHold
Dec 08, 2023NeedhamBuyBuyHold
Dec 08, 2023Cowen & Co.OutperformMarket PerformDowngrade
Oct 12, 2023Piper SandlerNeutralNeutralHold
Sep 01, 2023NeedhamBuyBuyHold
Jun 08, 2023OppenheimerOutperformOutperformHold
Jun 08, 2023Cowen & Co.OutperformOutperformHold
Jun 08, 2023NeedhamBuyBuyHold
Mar 06, 2023NeedhamHoldBuyUpgrade
Dec 19, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 08, 2022Cowen & Co.OutperformOutperformHold
Dec 08, 2022Piper SandlerNeutralNeutralHold
Dec 05, 2022NeedhamHoldHoldHold
Nov 21, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Oct 07, 2022Piper SandlerNeutralNeutralHold
Oct 07, 2022NeedhamHoldHoldHold
Jul 22, 2022CitigroupNeutralNeutralHold
Jul 13, 2022Piper SandlerNeutralNeutralHold
Jun 06, 2022Goldman SachsNeutralNeutralHold
Jun 03, 2022JMP SecuritiesMarket OutperformMarket OutperformHold
Jun 03, 2022Piper SandlerNeutralNeutralHold
May 19, 2022Morgan StanleyEqual-WeightEqual-WeightHold

HashiCorp's last stock rating was published by JMP Securities on Jun 06, 2024. The company Downgrade its HCP rating from "Perform" to "Market Perform".

HashiCorp Financial Forecast

HashiCorp Revenue Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22
Revenue------------$155.78M$146.13M$143.25M-$135.79M$125.34M$113.86M-$96.52M
Avg Forecast$234.00M$224.80M$218.50M$211.30M$207.00M$196.38M$188.54M$180.70M$175.26M$163.94M$157.22M$153.23M$149.26M$143.21M$138.24M$133.16M$124.22M$111.14M$102.29M$94.70M$85.80M
High Forecast$237.91M$228.55M$222.15M$214.83M$210.45M$199.66M$191.68M$183.71M$178.23M$167.52M$157.25M$153.23M$149.27M$143.90M$140.55M$135.38M$126.30M$112.63M$103.67M$95.98M$86.96M
Low Forecast$231.78M$222.67M$216.42M$209.29M$205.03M$194.51M$186.75M$178.98M$173.64M$161.81M$157.18M$153.23M$149.25M$142.80M$136.93M$131.89M$123.04M$109.98M$101.23M$93.73M$84.91M
# Analysts2222211158466126669999
Surprise %------------1.04%1.02%1.04%-1.09%1.13%1.11%-1.13%

HashiCorp's average Quarter revenue forecast for May 24 based on 6 analysts is $153.23M, with a low forecast of $153.23M, and a high forecast of $153.23M. HCP's average Quarter revenue forecast represents a -1.64% decrease compared to the company's last Quarter revenue of $155.78M (Jan 24).

HashiCorp EBITDA Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22
# Analysts2222211158466126669999
EBITDA------------$-47.60M$-55.57M$-82.60M-$-62.89M$-76.11M$-77.58M-$-226.17M
Avg Forecast$-130.72M$-125.58M$-122.06M$-118.04M$-115.63M$-109.70M$-105.32M$-100.94M$-97.90M$-91.58M$-87.82M$-85.60M$-83.38M$-80.00M$-77.22M$-74.38M$-69.39M$-61.86M$-56.93M$-235.22M$-47.75M
High Forecast$-129.47M$-124.38M$-120.90M$-116.91M$-114.53M$-108.66M$-104.32M$-99.98M$-97.00M$-90.39M$-87.80M$-85.60M$-83.37M$-79.77M$-76.49M$-73.68M$-68.73M$-61.21M$-56.34M$-188.18M$-47.26M
Low Forecast$-132.90M$-127.67M$-124.09M$-120.01M$-117.56M$-111.53M$-107.08M$-102.62M$-99.56M$-93.58M$-87.84M$-85.60M$-83.38M$-80.38M$-78.51M$-75.63M$-70.55M$-62.69M$-57.70M$-282.26M$-48.40M
Surprise %------------0.57%0.69%1.07%-0.91%1.23%1.36%-4.74%

undefined analysts predict HCP's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than HashiCorp's previous annual EBITDA (undefined) of $NaN.

HashiCorp Net Income Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22
# Analysts2222211158466126669999
Net Income------------$-31.62M$-39.47M$-66.31M-$-49.36M$-71.96M$-74.76M-$-227.70M
Avg Forecast$48.85M$44.78M$40.71M$36.63M$29.71M$27.82M$21.03M$17.98M$17.45M$10.04M$-763.22K$-1.94M$1.61M$-9.82M$-30.46M$-27.59M$-45.75M$-63.91M$-62.52M$-236.81M$-50.50M
High Forecast$49.91M$45.75M$41.59M$37.43M$30.36M$28.42M$21.49M$18.37M$20.93M$18.08M$-753.80K$-1.92M$1.65M$-8.84M$-30.09M$-27.25M$-45.18M$-63.05M$-61.68M$-189.45M$-49.83M
Low Forecast$48.24M$44.22M$40.20M$36.18M$29.35M$27.47M$20.77M$17.76M$12.21M$4.02M$-779.78K$-1.99M$1.59M$-10.81M$-31.12M$-28.18M$-46.74M$-65.03M$-63.62M$-284.17M$-51.39M
Surprise %-------------19.60%4.02%2.18%-1.08%1.13%1.20%-4.51%

HashiCorp's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. HCP's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

HashiCorp SG&A Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22
# Analysts2222211158466126669999
SG&A------------$123.06M$121.74M$136.55M-$128.75M$126.24M$123.06M-$200.75M
Avg Forecast$230.23M$221.18M$214.98M$207.89M$203.66M$193.21M$185.50M$177.78M$172.44M$161.30M$154.68M$150.76M$146.85M$140.90M$136.01M$131.01M$122.22M$109.12M$100.43M$92.98M$84.24M
High Forecast$234.07M$224.87M$218.56M$211.36M$207.06M$196.44M$188.59M$180.75M$175.35M$164.82M$154.72M$150.76M$146.86M$141.58M$138.28M$133.20M$124.26M$110.59M$101.79M$94.24M$85.38M
Low Forecast$228.04M$219.08M$212.94M$205.92M$201.72M$191.38M$183.74M$176.10M$170.84M$159.20M$154.65M$150.76M$146.84M$140.49M$134.72M$129.77M$121.06M$107.98M$99.39M$92.02M$83.37M
Surprise %------------0.84%0.86%1.00%-1.05%1.16%1.23%-2.38%

HashiCorp's average Quarter SG&A projection for May 24 is $150.76M, based on 6 Wall Street analysts, with a range of $150.76M to $150.76M. The forecast indicates a 22.51% rise compared to HCP last annual SG&A of $123.06M (Jan 24).

HashiCorp EPS Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22
# Analysts2222211158466126669999
EPS------------$-0.16$-0.20$-0.34-$-0.26$-0.38$-0.40-$-1.70
Avg Forecast$0.24$0.22$0.20$0.18$0.15$0.14$0.10$0.09$0.09$0.05$-0.00$-0.01$0.01$-0.05$-0.15$-0.14$-0.22$-0.32$-0.31$-0.29$-0.25
High Forecast$0.25$0.22$0.20$0.18$0.15$0.14$0.11$0.09$0.10$0.09$-0.00$-0.01$0.01$-0.04$-0.15$-0.13$-0.22$-0.31$-0.31$-0.29$-0.25
Low Forecast$0.24$0.22$0.20$0.18$0.14$0.13$0.10$0.09$0.06$0.02$-0.00$-0.01$0.01$-0.05$-0.15$-0.14$-0.23$-0.32$-0.32$-0.30$-0.25
Surprise %-------------20.19%4.14%2.27%-1.16%1.20%1.29%-6.80%

According to undefined Wall Street analysts, HashiCorp's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to HCP previous annual EPS of $NaN (undefined).

HashiCorp Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MDBMongoDB$265.10$350.0032.03%Buy
SSentinelOne$23.92$28.5019.15%Buy
HCPHashiCorp$33.90$39.8217.46%Hold
RELYRemitly Global$21.72$25.0015.10%Buy
INFAInformatica$27.04$30.0010.95%Buy
OKTAOkta$85.42$93.389.32%Hold
EVCMEverCommerce$12.05$13.007.88%Buy
ACIWACI Worldwide$53.77$58.007.87%Buy
ZSZscaler$200.45$209.914.72%Buy
AVDXAvidXchange$11.18$11.401.97%Hold
CRWDCrowdStrike$376.42$349.42-7.17%Buy
CFLTConfluent$31.34$27.83-11.20%Buy
NETCloudflare$117.56$89.75-23.66%Hold

HCP Forecast FAQ

Is HashiCorp a good buy?

No, according to 11 Wall Street analysts, HashiCorp (HCP) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 18.18% of HCP's total ratings.

What is HCP's price target?

HashiCorp (HCP) average price target is $39.82 with a range of $31 to $54, implying a 16.60% from its last price of $34.15. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will HashiCorp stock go up soon?

According to Wall Street analysts' prediction for HCP stock, the company can go up by 16.60% (from the last price of $34.15 to the average price target of $39.82), up by 58.13% based on the highest stock price target, and down by -9.22% based on the lowest stock price target.

Can HashiCorp stock reach $50?

HCP's highest twelve months analyst stock price target of $54 supports the claim that HashiCorp can reach $50 in the near future.

What are HashiCorp's analysts' financial forecasts?

HashiCorp's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $772.61M (high $785.5M, low $765.27M), average EBITDA is $-432M (high $-427M, low $-439M), average net income is $96.54M (high $98.63M, low $95.35M), average SG&A $760.15M (high $772.84M, low $752.93M), and average EPS is $0.474 (high $0.485, low $0.468). HCP's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $888.6M (high $903.43M, low $880.16M), average EBITDA is $-496M (high $-492M, low $-505M), average net income is $170.96M (high $174.67M, low $168.85M), average SG&A $874.27M (high $888.86M, low $865.97M), and average EPS is $0.84 (high $0.858, low $0.83).

Did the HCP's actual financial results beat the analysts' financial forecasts?

Based on HashiCorp's last annual report (Jan 2024), the company's revenue was $583.14M, beating the average analysts forecast of $563.86M by 3.42%. Apple's EBITDA was $-245M, missing the average prediction of $-315M by -22.29%. The company's net income was $-191M, beating the average estimation of $-66.259M by 187.76%. Apple's SG&A was $500.24M, missing the average forecast of $554.77M by -9.83%. Lastly, the company's EPS was $-0.98, beating the average prediction of $-0.326 by 201.03%. In terms of the last quarterly report (Jan 2024), HashiCorp's revenue was $155.78M, beating the average analysts' forecast of $149.26M by 4.37%. The company's EBITDA was $-47.604M, missing the average prediction of $-83.377M by -42.91%. HashiCorp's net income was $-31.622M, missing the average estimation of $1.61M by -2060.27%. The company's SG&A was $123.06M, missing the average forecast of $146.85M by -16.20%. Lastly, the company's EPS was $-0.16, missing the average prediction of $0.00793 by -2118.67%