HashiCorp (HCP) Stock Forecast, Price Target & Predictions
HCP Stock Forecast
HashiCorp stock forecast is as follows: an average price target of $39.82 (represents a 16.91% upside from HCP’s last price of $34.06) 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 16.91% upside from HCP's last price of $34.06.
HCP Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 29, 2024 | Sanjit Singh | Morgan Stanley | $35.00 | $32.59 | 7.39% | 2.76% |
| Apr 25, 2024 | James Fish | Piper Sandler | $35.00 | $32.90 | 6.38% | 2.76% |
| Apr 25, 2024 | Miller Jump | Truist Financial | $35.00 | $31.41 | 11.43% | 2.76% |
| Apr 24, 2024 | Brad Reback | Stifel Nicolaus | $35.00 | $31.41 | 11.43% | 2.76% |
| Mar 12, 2024 | Nick Altmann | Scotiabank | $31.00 | $26.79 | 15.71% | -8.98% |
| Feb 26, 2024 | Sanjit Singh | Morgan Stanley | $30.00 | $22.12 | 35.62% | -11.92% |
| Sep 01, 2023 | Alex Henderson | Needham | $36.00 | $28.11 | 28.07% | 5.70% |
| Jun 08, 2023 | Ittai Kidron | Oppenheimer | $42.00 | $25.55 | 64.35% | 23.31% |
| Mar 06, 2023 | Alex Henderson | Needham | $39.00 | $32.16 | 21.29% | 14.50% |
| Dec 19, 2022 | - | Morgan Stanley | $37.00 | $27.03 | 36.88% | 8.63% |
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 2.76% increase from HCP last price ($34.06).
HashiCorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $33.50 |
| Last Closing Price | $34.06 | $34.06 | $34.06 |
| Upside/Downside | -100.00% | -100.00% | -1.64% |
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 $34.06. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 06, 2024 | JMP Securities | Perform | Market Perform | Downgrade |
| Jun 06, 2024 | JMP Securities | Market Outperform | Perform | Downgrade |
| May 31, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 29, 2024 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Apr 25, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 25, 2024 | Scotiabank | Sector Outperform | Sector Perform | Downgrade |
| Apr 24, 2024 | William Blair | - | Market Perform | Downgrade |
| Apr 24, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| Apr 24, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Mar 12, 2024 | Scotiabank | - | Sector Outperform | Upgrade |
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 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $155.78M | $146.13M | $143.25M | - | $135.79M | $125.34M | $113.86M | - | $96.52M |
| Avg Forecast | $201.10M | $195.30M | $193.10M | $188.90M | $204.67M | $190.83M | $186.34M | $179.76M | $174.63M | $163.88M | $157.22M | $153.23M | $149.26M | $143.21M | $138.24M | $133.16M | $124.22M | $111.14M | $102.29M | $94.70M | $85.80M |
| High Forecast | $203.30M | $197.44M | $195.21M | $190.97M | $206.91M | $192.92M | $188.38M | $181.73M | $175.13M | $167.46M | $157.25M | $153.23M | $149.27M | $143.90M | $139.75M | $134.61M | $125.58M | $112.63M | $103.67M | $95.98M | $86.96M |
| Low Forecast | $199.71M | $193.95M | $191.77M | $187.60M | $203.26M | $189.52M | $185.06M | $178.52M | $174.02M | $161.74M | $157.18M | $153.23M | $149.25M | $142.80M | $137.29M | $132.24M | $123.37M | $109.98M | $101.23M | $93.73M | $84.91M |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 3 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 |
| 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 3 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 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 3 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-47.60M | $-55.57M | $-82.60M | - | $-62.89M | $-76.11M | $-77.58M | - | $-226.17M |
| Avg Forecast | $-111.93M | $-108.70M | $-107.48M | $-105.14M | $-113.92M | $-106.22M | $-103.72M | $-100.05M | $-97.20M | $-91.21M | $-87.51M | $-85.29M | $-83.08M | $-79.71M | $-76.94M | $-74.12M | $-69.14M | $-61.86M | $-56.93M | $-235.22M | $-47.75M |
| High Forecast | $-111.16M | $-107.95M | $-106.74M | $-104.42M | $-113.13M | $-105.49M | $-103.00M | $-99.36M | $-96.86M | $-90.03M | $-87.49M | $-85.29M | $-83.07M | $-79.48M | $-76.41M | $-73.60M | $-68.67M | $-61.21M | $-56.34M | $-188.18M | $-47.26M |
| Low Forecast | $-113.16M | $-109.89M | $-108.65M | $-106.29M | $-115.16M | $-107.38M | $-104.85M | $-101.15M | $-97.48M | $-93.21M | $-87.53M | $-85.29M | $-83.08M | $-80.09M | $-77.79M | $-74.93M | $-69.90M | $-62.69M | $-57.70M | $-282.26M | $-48.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.57% | 0.70% | 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 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 3 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-31.62M | $-39.47M | $-66.31M | - | $-49.36M | $-71.96M | $-74.76M | - | $-227.70M |
| Avg Forecast | $22.21M | $20.19M | $20.19M | $18.17M | $22.28M | $18.57M | $13.86M | $13.02M | $15.69M | $9.57M | $-757.02K | $-1.93M | $1.60M | $-9.71M | $-30.21M | $-27.36M | $-45.38M | $-63.91M | $-62.52M | $-236.81M | $-50.50M |
| High Forecast | $22.52M | $20.47M | $20.47M | $18.43M | $22.60M | $18.83M | $14.06M | $13.21M | $17.43M | $17.23M | $-750.24K | $-1.91M | $1.62M | $-8.70M | $-29.94M | $-27.12M | $-44.97M | $-63.05M | $-61.68M | $-189.45M | $-49.83M |
| Low Forecast | $22.01M | $20.01M | $20.01M | $18.01M | $22.08M | $18.40M | $13.74M | $12.90M | $13.94M | $3.83M | $-767.78K | $-1.96M | $1.59M | $-10.72M | $-30.64M | $-27.75M | $-46.02M | $-65.03M | $-63.62M | $-284.17M | $-51.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -19.76% | 4.06% | 2.19% | - | 1.09% | 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 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 3 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $123.06M | $121.74M | $136.55M | - | $128.75M | $126.24M | $123.06M | - | $200.75M |
| Avg Forecast | $197.45M | $191.75M | $189.59M | $185.47M | $200.95M | $187.37M | $182.96M | $176.50M | $171.46M | $160.90M | $154.36M | $150.45M | $146.55M | $140.61M | $135.73M | $130.74M | $121.97M | $109.12M | $100.43M | $92.98M | $84.24M |
| High Forecast | $199.61M | $193.85M | $191.67M | $187.50M | $203.15M | $189.42M | $184.96M | $178.43M | $171.95M | $164.42M | $154.40M | $150.45M | $146.56M | $141.28M | $137.22M | $132.17M | $123.30M | $110.59M | $101.79M | $94.24M | $85.38M |
| Low Forecast | $196.09M | $190.43M | $188.29M | $184.19M | $199.57M | $186.08M | $181.70M | $175.28M | $170.87M | $158.81M | $154.33M | $150.45M | $146.54M | $140.20M | $134.80M | $129.84M | $121.13M | $107.98M | $99.39M | $92.02M | $83.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.87% | 1.01% | - | 1.06% | 1.16% | 1.23% | - | 2.38% |
HashiCorp's average Quarter SG&A projection for May 24 is $150.45M, based on 3 Wall Street analysts, with a range of $150.45M to $150.45M. The forecast indicates a 22.26% rise compared to HCP last annual SG&A of $123.06M (Jan 24).
HashiCorp EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 3 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.16 | $-0.20 | $-0.34 | - | $-0.26 | $-0.38 | $-0.40 | - | $-1.70 |
| Avg Forecast | $0.11 | $0.10 | $0.10 | $0.09 | $0.11 | $0.09 | $0.07 | $0.06 | $0.08 | $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 | $0.11 | $0.10 | $0.10 | $0.09 | $0.11 | $0.09 | $0.07 | $0.07 | $0.09 | $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 | $0.11 | $0.10 | $0.10 | $0.09 | $0.11 | $0.09 | $0.07 | $0.06 | $0.07 | $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% | 4.16% | 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| OKTA | Okta | $76.75 | $116.97 | 52.40% | Hold |
| INFA | Informatica | $25.00 | $33.67 | 34.68% | Buy |
| MDB | MongoDB | $290.04 | $373.27 | 28.70% | Buy |
| RELY | Remitly Global | $19.50 | $25.00 | 28.21% | Buy |
| ZS | Zscaler | $195.73 | $232.54 | 18.81% | Buy |
| HCP | HashiCorp | $34.06 | $39.82 | 16.91% | Hold |
| AVDX | AvidXchange | $10.07 | $11.75 | 16.68% | Hold |
| CFLT | Confluent | $26.50 | $29.63 | 11.81% | Buy |
| EVCM | EverCommerce | $11.70 | $12.29 | 5.04% | Buy |
| NET | Cloudflare | $91.25 | $95.45 | 4.60% | Hold |
| NEWR | New Relic | $86.99 | $86.38 | -0.70% | Buy |
| CRWD | CrowdStrike | $330.03 | $321.14 | -2.69% | Buy |
| S | SentinelOne | $27.57 | $26.64 | -3.37% | Buy |
| ACIW | ACI Worldwide | $58.01 | $42.67 | -26.44% | Buy |
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 16.91% from its last price of $34.06. 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 16.91% (from the last price of $34.06 to the average price target of $39.82), up by 58.54% based on the highest stock price target, and down by -8.98% 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 $761.61M (high $769.94M, low $756.36M), average EBITDA is $-424M (high $-421M, low $-429M), average net income is $67.73M (high $68.7M, low $67.13M), average SG&A $747.78M (high $755.96M, low $742.63M), and average EPS is $0.336 (high $0.34, low $0.333). HCP's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $778.4M (high $786.91M, low $773.04M), average EBITDA is $-433M (high $-430M, low $-438M), average net income is $80.75M (high $81.9M, low $80.02M), average SG&A $764.27M (high $772.63M, low $759M), and average EPS is $0.4 (high $0.406, low $0.396).
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 $-314M by -22.01%. The company's net income was $-191M, beating the average estimation of $-65.688M by 190.26%. Apple's SG&A was $500.24M, missing the average forecast of $553.63M by -9.64%. Lastly, the company's EPS was $-0.98, beating the average prediction of $-0.325 by 201.17%. 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 $-83.076M by -42.70%. HashiCorp's net income was $-31.622M, missing the average estimation of $1.6M by -2076.33%. The company's SG&A was $123.06M, missing the average forecast of $146.55M by -16.03%. Lastly, the company's EPS was $-0.16, missing the average prediction of $0.00793 by -2118.67%