HCP stock icon

HashiCorp
HCP

$33.52
0.12%

Market Cap: 6.74B

 

About: HashiCorp Inc is engaged in solving the infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds. Its cloud operating model provides consistent workflows and a standardized approach to automate the processes involved in delivering applications in the cloud: infrastructure provisioning, security, networking, and application deployment. Its main commercial products are Terraform, Vault, Consul, and Nomad.

Employees: 2,200

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 16 analysts
0
News positive %
of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

63.4% more ownership

Funds ownership: 21.27% [Q4 2023] → 84.67% (+63.4%) [Q1 2024]

26% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 68

23% more capital invested

Capital invested by funds: $2.35B [Q4 2023] → $2.89B (+$537M) [Q1 2024]

15% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 46

3% more funds holding

Funds holding: 234 [Q4 2023] → 241 (+7) [Q1 2024]

6% less call options, than puts

Call options by funds: $109M | Put options by funds: $116M

29% less funds holding in top 10

Funds holding in top 10: 14 [Q4 2023] → 10 (-4) [Q1 2024]

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$24
28%
downside
Avg. target
$31
9%
downside
High target
$38
13%
upside

16 analyst ratings

positive
50%
neutral
50%
negative
0%
Scotiabank
Nick Altmann
4%upside
$35
Sector Perform
Downgraded
25 Apr 2024
Piper Sandler
James Fish
4%upside
$35
Neutral
Maintained
25 Apr 2024
Truist Securities
Miller Jump
4%upside
$35
Hold
Downgraded
25 Apr 2024
B of A Securities
Brad Sills
5%downside
$32
Neutral
Maintained
24 Apr 2024
Scotiabank
Nick Altmann
8%downside
$31
Sector Outperform
Upgraded
12 Mar 2024

Financial journalist opinion

Based on 9 articles about HCP published over the past 30 days