HashiCorp
(NASDAQ:HCP)
$32.71
-0.11[-0.34%]
Last update: 9:29AM Get Real Time Here
HashiCorp (HCP) announced it will be acquired by IBM (IBM) on Wednesday, April 24, 2024 for $6.4B paid in cash
Consensus Rating1
Neutral
Highest Price Target1
$42.00
Lowest Price Target1
$24.00
Consensus Price Target1
$29.77

HashiCorp Stock (NASDAQ:HCP), Analyst Ratings, Price Targets, Predictions

HashiCorp Inc has a consensus price target of $29.77, established from looking at the 86 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, Piper Sandler, and Needham on April 25, 2024. With an average price target of $23.33 between Scotiabank, Piper Sandler, and Needham, there's an implied -28.46% downside for HashiCorp Inc from these 3 analyst ratings.

Analyst Trend
4
2
Dec 23
1
Jan
1
Feb
5
3
Mar
3
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
Piper Sandler
Needham
Truist Securities
B of A Securities

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for HashiCorp

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/25/2024HCPBuy Now
HashiCorp
$32.627.3%Scotiabank
Nick Altmann
$31 → $35DowngradeSector Outperform → Sector PerformGet Alert
04/25/2024HCPBuy Now
HashiCorp
$32.627.3%Piper Sandler
James Fish
$25 → $35MaintainsNeutralGet Alert
04/25/2024HCPBuy Now
HashiCorp
$32.62Needham
Alex Henderson
DowngradeBuy → HoldGet Alert
04/25/2024HCPBuy Now
HashiCorp
$32.627.3%Truist Securities
Miller Jump
$27 → $35DowngradeBuy → HoldGet Alert
04/24/2024HCPBuy Now
HashiCorp
$32.62-1.89%B of A Securities
Brad Sills
$28 → $32MaintainsNeutralGet Alert
04/24/2024HCPBuy Now
HashiCorp
$32.62BTIG
Gray Powell
DowngradeBuy → NeutralGet Alert
03/19/2024HCPBuy Now
HashiCorp
$32.62Keybanc
Jason Celino
Initiates → Sector WeightGet Alert
03/12/2024HCPBuy Now
HashiCorp
$32.62-4.96%Scotiabank
Nick Altmann
→ $31UpgradeSector Perform → Sector OutperformGet Alert
03/07/2024HCPBuy Now
HashiCorp
$32.6216.5%JMP Securities
Joe Goodwin
→ $38ReiteratesMarket Outperform → Market OutperformGet Alert
03/07/2024HCPBuy Now
HashiCorp
$32.62-8.02%Needham
Alex Henderson
→ $30ReiteratesBuy → BuyGet Alert
03/06/2024HCPBuy Now
HashiCorp
$32.62-20.29%TD Cowen
Derrick Wood
$23 → $26MaintainsMarket PerformGet Alert
03/06/2024HCPBuy Now
HashiCorp
$32.62-14.16%B of A Securities
Brad Sills
$24 → $28MaintainsNeutralGet Alert
03/06/2024HCPBuy Now
HashiCorp
$32.62-14.16%Stifel
Brad Reback
$26 → $28MaintainsBuyGet Alert
03/06/2024HCPBuy Now
HashiCorp
$32.62-23.35%Piper Sandler
James Fish
$22 → $25ReiteratesNeutral → NeutralGet Alert
03/06/2024HCPBuy Now
HashiCorp
$32.624.24%Oppenheimer
Ittai Kidron
$34 → $34MaintainsOutperformGet Alert
03/06/2024HCPBuy Now
HashiCorp
$32.62-17.22%BTIG
Gray Powell
$25 → $27MaintainsBuyGet Alert
03/04/2024HCPBuy Now
HashiCorp
$32.62-8.02%Needham
Alex Henderson
$27 → $30MaintainsBuyGet Alert
02/26/2024HCPBuy Now
HashiCorp
$32.62-8.02%Morgan Stanley
Sanjit Singh
$23 → $30UpgradeEqual-Weight → OverweightGet Alert
01/22/2024HCPBuy Now
HashiCorp
$32.62-26.42%Citigroup
Fatima Boolani
$22 → $24MaintainsNeutralGet Alert

FAQ

Q

What is the target price for HashiCorp (HCP)?

A

The latest price target for HashiCorp (NASDAQ: HCP) was reported by Scotiabank on April 25, 2024. The analyst firm set a price target for $35.00 expecting HCP to rise to within 12 months (a possible 7.00% upside). 47 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for HashiCorp (HCP)?

A

The latest analyst rating for HashiCorp (NASDAQ: HCP) was provided by Scotiabank, and HashiCorp downgraded their sector perform rating.

Q

When was the last upgrade for HashiCorp (HCP)?

A

The last upgrade for HashiCorp Inc happened on March 12, 2024 when Scotiabank raised their price target to $31. Scotiabank previously had a sector perform for HashiCorp Inc.

Q

When was the last downgrade for HashiCorp (HCP)?

A

The last downgrade for HashiCorp Inc happened on April 25, 2024 when Scotiabank changed their price target from $31 to $35 for HashiCorp Inc.

Q

When is the next analyst rating going to be posted or updated for HashiCorp (HCP)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of HashiCorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for HashiCorp was filed on April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.

Q

Is the Analyst Rating HashiCorp (HCP) correct?

A

While ratings are subjective and will change, the latest HashiCorp (HCP) rating was a downgraded with a price target of $31.00 to $35.00. The current price HashiCorp (HCP) is trading at is $32.71, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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