HashiCorp (NASDAQ:HCP) Releases FY 2025 Earnings Guidance

HashiCorp (NASDAQ:HCPGet Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.050-0.070 for the period, compared to the consensus EPS estimate of 0.140. The company issued revenue guidance of $643.0 million-$647.0 million, compared to the consensus revenue estimate of $654.8 million. HashiCorp also updated its Q1 2025 guidance to -0.020-0.000 EPS.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on HCP shares. Piper Sandler restated a neutral rating and set a $25.00 target price (up previously from $22.00) on shares of HashiCorp in a research note on Wednesday. Needham & Company LLC boosted their price target on shares of HashiCorp from $27.00 to $30.00 and gave the stock a buy rating in a report on Monday. StockNews.com downgraded HashiCorp from a hold rating to a sell rating in a report on Thursday. JMP Securities reaffirmed a market outperform rating and issued a $38.00 price target on shares of HashiCorp in a research note on Thursday. Finally, Bank of America raised their target price on shares of HashiCorp from $24.00 to $28.00 and gave the company a neutral rating in a research note on Wednesday. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, HashiCorp has a consensus rating of Moderate Buy and a consensus target price of $28.58.

Check Out Our Latest Stock Report on HashiCorp

HashiCorp Stock Down 0.9 %

Shares of HashiCorp stock opened at $26.32 on Friday. HashiCorp has a one year low of $18.91 and a one year high of $36.39. The stock’s fifty day moving average is $23.33 and its 200 day moving average is $23.14.

HashiCorp (NASDAQ:HCPGet Free Report) last issued its quarterly earnings results on Thursday, December 7th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.07. The company had revenue of $146.10 million during the quarter, compared to analysts’ expectations of $143.21 million. HashiCorp had a negative net margin of 32.70% and a negative return on equity of 15.66%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period last year, the business earned ($0.38) EPS. On average, equities analysts expect that HashiCorp will post -0.74 earnings per share for the current fiscal year.

Insider Buying and Selling at HashiCorp

In other HashiCorp news, insider Ledger Susan St. sold 21,566 shares of HashiCorp stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $22.83, for a total transaction of $492,351.78. Following the transaction, the insider now directly owns 95,860 shares of the company’s stock, valued at approximately $2,188,483.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other HashiCorp news, CMO Marc Holmes sold 13,916 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $21.25, for a total transaction of $295,715.00. Following the completion of the sale, the chief marketing officer now directly owns 6,158 shares in the company, valued at $130,857.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ledger Susan St. sold 21,566 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $22.83, for a total transaction of $492,351.78. Following the completion of the transaction, the insider now directly owns 95,860 shares in the company, valued at $2,188,483.80. The disclosure for this sale can be found here. Insiders sold 471,038 shares of company stock worth $10,708,172 over the last 90 days. Corporate insiders own 26.13% of the company’s stock.

Institutional Trading of HashiCorp

Institutional investors and hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD increased its stake in shares of HashiCorp by 26.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,435,341 shares of the company’s stock worth $312,642,000 after buying an additional 2,368,102 shares during the last quarter. JPMorgan Chase & Co. increased its position in HashiCorp by 48.0% during the 1st quarter. JPMorgan Chase & Co. now owns 11,204,309 shares of the company’s stock valued at $328,175,000 after buying an additional 3,635,247 shares in the last quarter. Vanguard Group Inc. grew its position in HashiCorp by 10.3% in the fourth quarter. Vanguard Group Inc. now owns 10,722,671 shares of the company’s stock worth $253,484,000 after acquiring an additional 999,671 shares in the last quarter. BlackRock Inc. increased its position in shares of HashiCorp by 215.0% during the second quarter. BlackRock Inc. now owns 4,426,683 shares of the company’s stock worth $115,891,000 after purchasing an additional 3,021,230 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of HashiCorp by 84.7% during the 1st quarter. FMR LLC now owns 1,684,404 shares of the company’s stock worth $49,336,000 after buying an additional 772,214 shares during the last quarter. 45.93% of the stock is currently owned by institutional investors.

About HashiCorp

(Get Free Report)

HashiCorp, Inc provides multi-cloud infrastructure automation solutions worldwide. The company offers Terraform, an infrastructure provisioning product that applies an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; and Vault, a secrets management and data protection product, which enables security teams to apply policies based on application and user identity to govern access to credentials and secure sensitive data.

Featured Articles

Earnings History and Estimates for HashiCorp (NASDAQ:HCP)

Receive News & Ratings for HashiCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HashiCorp and related companies with MarketBeat.com's FREE daily email newsletter.