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 17.74% upside from HCP’s last price of $33.82) 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 17.74% upside from HCP's last price of $33.82.
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% | 3.49% |
| Apr 25, 2024 | James Fish | Piper Sandler | $35.00 | $32.90 | 6.38% | 3.49% |
| Apr 25, 2024 | Miller Jump | Truist Financial | $35.00 | $31.41 | 11.43% | 3.49% |
| Apr 24, 2024 | Brad Reback | Stifel Nicolaus | $35.00 | $31.41 | 11.43% | 3.49% |
| Mar 12, 2024 | Nick Altmann | Scotiabank | $31.00 | $26.79 | 15.71% | -8.34% |
| Feb 26, 2024 | Sanjit Singh | Morgan Stanley | $30.00 | $22.12 | 35.62% | -11.30% |
| Sep 01, 2023 | Alex Henderson | Needham | $36.00 | $28.11 | 28.07% | 6.45% |
| Jun 08, 2023 | Ittai Kidron | Oppenheimer | $42.00 | $25.55 | 64.35% | 24.19% |
| Mar 06, 2023 | Alex Henderson | Needham | $39.00 | $32.16 | 21.29% | 15.32% |
| Dec 19, 2022 | - | Morgan Stanley | $37.00 | $27.03 | 36.88% | 9.40% |
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 3.49% increase from HCP last price ($33.82).
HashiCorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $33.50 |
| Last Closing Price | $33.82 | $33.82 | $33.82 |
| Upside/Downside | -100.00% | -100.00% | -0.95% |
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 $33.82. 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 | $203.78M | $190.42M | $186.73M | $179.95M | $174.59M | $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 | $203.46M | $197.60M | $195.37M | $191.12M | $206.17M | $192.66M | $188.92M | $182.07M | $175.09M | $167.46M | $157.25M | $153.23M | $149.27M | $143.90M | $139.87M | $134.72M | $125.68M | $112.63M | $103.67M | $95.98M | $86.96M |
| Low Forecast | $199.80M | $194.04M | $191.85M | $187.68M | $202.46M | $189.19M | $185.52M | $178.79M | $173.99M | $161.74M | $157.18M | $153.23M | $149.25M | $142.80M | $137.35M | $132.30M | $123.42M | $109.98M | $101.23M | $93.73M | $84.91M |
| # Analysts | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 8 | 4 | 6 | 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 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 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 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 8 | 4 | 6 | 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 | $-112.34M | $-109.10M | $-107.87M | $-105.52M | $-113.83M | $-106.37M | $-104.31M | $-100.52M | $-97.53M | $-91.54M | $-87.82M | $-85.60M | $-83.38M | $-80.00M | $-77.22M | $-74.38M | $-69.39M | $-61.86M | $-56.93M | $-235.22M | $-47.75M |
| High Forecast | $-111.61M | $-108.39M | $-107.17M | $-104.84M | $-113.10M | $-105.69M | $-103.63M | $-99.88M | $-97.19M | $-90.35M | $-87.80M | $-85.60M | $-83.37M | $-79.77M | $-76.73M | $-73.90M | $-68.94M | $-61.21M | $-56.34M | $-188.18M | $-47.26M |
| Low Forecast | $-113.66M | $-110.38M | $-109.14M | $-106.76M | $-115.17M | $-107.62M | $-105.53M | $-101.71M | $-97.81M | $-93.54M | $-87.84M | $-85.60M | $-83.38M | $-80.38M | $-78.13M | $-75.26M | $-70.21M | $-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 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 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 8 | 4 | 6 | 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 | $23.42M | $19.38M | $15.00M | $14.39M | $15.69M | $9.57M | $-757.02K | $-1.93M | $1.60M | $-9.72M | $-30.21M | $-27.36M | $-45.38M | $-63.91M | $-62.52M | $-236.81M | $-50.50M |
| High Forecast | $22.55M | $20.50M | $20.50M | $18.45M | $23.77M | $19.68M | $15.23M | $14.61M | $17.43M | $17.23M | $-750.67K | $-1.91M | $1.62M | $-8.71M | $-29.96M | $-27.13M | $-45.00M | $-63.05M | $-61.68M | $-189.45M | $-49.83M |
| Low Forecast | $22.02M | $20.02M | $20.02M | $18.02M | $23.22M | $19.22M | $14.87M | $14.27M | $13.94M | $3.83M | $-768.59K | $-1.96M | $1.59M | $-10.72M | $-30.68M | $-27.78M | $-46.07M | $-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 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 8 | 4 | 6 | 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 | $197.86M | $192.15M | $189.99M | $185.85M | $200.49M | $187.35M | $183.71M | $177.05M | $171.77M | $161.24M | $154.68M | $150.76M | $146.85M | $140.90M | $136.01M | $131.01M | $122.22M | $109.12M | $100.43M | $92.98M | $84.24M |
| High Forecast | $200.18M | $194.41M | $192.22M | $188.04M | $202.85M | $189.56M | $185.87M | $179.13M | $172.27M | $164.76M | $154.72M | $150.76M | $146.86M | $141.58M | $137.61M | $132.55M | $123.66M | $110.59M | $101.79M | $94.24M | $85.38M |
| Low Forecast | $196.58M | $190.91M | $188.76M | $184.65M | $199.20M | $186.14M | $182.53M | $175.91M | $171.18M | $159.13M | $154.65M | $150.76M | $146.84M | $140.49M | $135.14M | $130.17M | $121.43M | $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 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 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 8 | 8 | 4 | 6 | 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 | $0.12 | $0.10 | $0.07 | $0.07 | $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 | $0.12 | $0.10 | $0.08 | $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 | $0.12 | $0.10 | $0.07 | $0.07 | $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 | $73.69 | $116.97 | 58.73% | Hold |
| MDB | MongoDB | $281.76 | $373.27 | 32.48% | Buy |
| INFA | Informatica | $25.86 | $33.67 | 30.20% | Buy |
| RELY | Remitly Global | $20.46 | $25.00 | 22.19% | Buy |
| HCP | HashiCorp | $33.82 | $39.82 | 17.74% | Hold |
| ZS | Zscaler | $200.94 | $233.41 | 16.16% | Buy |
| EVCM | EverCommerce | $11.26 | $12.43 | 10.39% | Buy |
| AVDX | AvidXchange | $10.71 | $11.75 | 9.71% | Hold |
| CFLT | Confluent | $28.57 | $29.63 | 3.71% | Buy |
| NEWR | New Relic | $86.99 | $86.38 | -0.70% | Buy |
| NET | Cloudflare | $96.47 | $95.45 | -1.06% | Hold |
| S | SentinelOne | $27.07 | $26.64 | -1.59% | Buy |
| CRWD | CrowdStrike | $350.15 | $321.14 | -8.29% | Buy |
| ACIW | ACI Worldwide | $54.73 | $42.67 | -22.04% | Buy |