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 that enables security teams to apply policies based on application and user identity to govern access to credentials and secure sensitive data. It also provides Consul, an application-centric networking automation product that enables practitioners to manage application traffic, security teams to secure and restrict access between applications, and operations teams to automate the underlying network infrastructure; and Nomad, a scheduler and workload orchestrator that provides practitioners with a self-service interface to manage the application lifecycle. The company was incorporated in 2013 and is headquartered in San Francisco, California.
IPO Year: 2021
Exchange: NASDAQ
Website: https://www.hashicorp.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/3/2024 | $35.00 | Neutral | Citigroup |
4/24/2024 | Buy → Neutral | BTIG Research | |
3/19/2024 | Sector Weight | KeyBanc Capital Markets | |
3/12/2024 | $31.00 | Sector Perform → Sector Outperform | Scotiabank |
2/26/2024 | $23.00 → $30.00 | Equal-Weight → Overweight | Morgan Stanley |
12/8/2023 | $28.00 → $23.00 | Outperform → Market Perform | TD Cowen |
12/8/2023 | $36.00 → $27.00 | Buy | Needham |
6/8/2023 | Buy → Neutral | BofA Securities | |
3/23/2023 | $37.00 | Buy | BTIG Research |
3/6/2023 | $39.00 | Hold → Buy | Needham |
Believes That Incremental Changes Since Last Annual Meeting Are Insufficient to Address the Poor Corporate Governance and Concerning Conflicts of Interest Threatening to Prevent NHI From Reaching its Full Value Potential Highlights the Urgent Need for NHI to Have Truly Independent Directors With the Right Expertise in the Boardroom Given Ongoing Lease Renewal Negotiations With Major Tenant National Healthcare Corp (NHC) Details Concerns That NHC Lease Negotiations Will Not Reflect Market Value Given Board Member Conflicts; Lease Likely Has 75% Upside Based on Strong Coverage and Precedent Transactions and Could Boost Earnings 13% Or More Believes NHI Shares Have 50% Upside Over the Next
SAN FRANCISCO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ company, today announced it will release financial results for the fourth quarter of its 2025 fiscal year, which ended January 31, 2025, after the U.S. markets close Thursday, March 6, 2025. In light of the pending transaction with IBM, HashiCorp will not be hosting an earnings conference call to review the results or providing a financial outlook. About HashiCorp HashiCorp is The Infrastructure Cloud™ company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastruct
Third quarter revenue totaled $173.4 million, representing an increase of 19% year-over-year.Trailing four quarter average Net Dollar Retention Rate was 109% at the end of the third quarter of fiscal 2025 as compared to 119% at the end of third quarter of fiscal 2024.Third quarter GAAP RPO totaled $775.4 million, representing an increase of 14% year-over-year; third quarter current GAAP RPO totaled $481.4 million, representing an increase of 20% year-over-year.Third quarter non-GAAP RPO totaled $795.6 million, representing an increase of 14% year-over-year; third quarter current non-GAAP RPO totaled $499.4 million, representing an increase of 19% year-over-year. SAN FRANCISCO, Dec. 05, 202
LAS VEGAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- HashiCorp (NASDAQ:HCP), The Infrastructure Cloud™ Company, is honored to announce it is a recipient of a 2024 Geography and Global AWS Partner Award for Collaboration Partner of the Year - North America. The award recognizes HashiCorp as a partner organization that collaborates with other AWS Partners on solving customer challenges and on the ability to deliver valuable customer solutions based on services and technology offered across multiple AWS Partners. The HashiCorp Cloud Platform (HCP) provides Infrastructure Lifecycle Management (ILM) and Security Lifecycle Management (SLM) capabilities that enable joint HashiCorp and AWS customers to u
SAN FRANCISCO, Nov. 11, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ company, today announced it will release financial results for the third quarter of its 2025 fiscal year, which ended October 31, 2024, after the U.S. markets close Thursday, December 5, 2024. In light of the pending transaction with IBM, HashiCorp will not be hosting an earnings conference call to review the results or providing a financial outlook. About HashiCorp HashiCorp is The Infrastructure Cloud™ company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastru
BOSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ Company, is hosting its annual flagship conference, HashiConf, beginning today in Boston. More than 1,400 in-person attendees and 5,000 virtual viewers will join HashiConf to learn about new product announcements supporting enterprises as they scale their platform teams with comprehensive Infrastructure (ILM) and Security (SLM) Lifecycle Management. These new capabilities address Day 0 concerns related to launching enterprise cloud programs and adopting automation workflows like infrastructure as code (IaC) and identity-based access control, through Day 2+ concerns related to standardization,
Second quarter revenue totaled $165.1 million, representing an increase of 15% year-over-year.Trailing four quarter average Net Dollar Retention Rate was 110% at the end of the second quarter of fiscal 2025 as compared to 124% at the end of second quarter of fiscal 2024.Second quarter GAAP RPO totaled $771.5 million, representing an increase of 13% year-over-year; second quarter current GAAP RPO totaled $473.4 million, representing an increase of 19% year-over-year.Second quarter non-GAAP RPO totaled $793.3 million, representing an increase of 12% year-over-year; second quarter current non-GAAP RPO totaled $492.4 million, representing an increase of 17% year-over-year. SAN F
SAN FRANCISCO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ company, today announced it will release financial results for its second quarter of 2025 fiscal year, which ended July 31, 2024, after the U.S. markets close Thursday, August 29, 2024. In light of the pending transaction with IBM, HashiCorp will not be hosting an earnings conference call to review the results or providing a financial outlook. About HashiCorp HashiCorp is The Infrastructure Cloud™ company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastruc
SAN FRANCISCO, July 15, 2024 (GLOBE NEWSWIRE) -- HashiCorp Inc. (NASDAQ:HCP), a leading multi-cloud infrastructure automation company, today announced that at the Special Meeting of Stockholders (the "Special Meeting") held earlier today, based on preliminary voting results, HashiCorp stockholders voted to approve the acquisition of HashiCorp by IBM (NYSE:IBM). "We are pleased to achieve this important milestone towards officially joining IBM and thank our stockholders for their support," said Dave McJannet, HashiCorp chief executive office. "By uniting two leading technology businesses with complementary visions, this transaction provides an incredible opportunity to accelerate HashiCorp
SAN FRANCISCO, June 27, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ company, today released its 2024 State of Cloud Strategy Survey. As organizations continue building their cloud programs by adopting lifecycle management for infrastructure and security, survey results show that despite this momentum only 8% of organizations qualify as having highly mature cloud programs. "This year's State of Cloud Strategy Survey focused on the impact cloud maturity, defined as adopting, standardizing, and scaling key practices across the entire organization. The results show that the majority of organizations struggle to deliver cloud programs resulting in positiv
Citigroup resumed coverage of HashiCorp with a rating of Neutral and set a new price target of $35.00
BTIG Research downgraded HashiCorp from Buy to Neutral
KeyBanc Capital Markets initiated coverage of HashiCorp with a rating of Sector Weight
Scotiabank upgraded HashiCorp from Sector Perform to Sector Outperform and set a new price target of $31.00
Morgan Stanley upgraded HashiCorp from Equal-Weight to Overweight and set a new price target of $30.00 from $23.00 previously
TD Cowen downgraded HashiCorp from Outperform to Market Perform and set a new price target of $23.00 from $28.00 previously
Needham reiterated coverage of HashiCorp with a rating of Buy and set a new price target of $27.00 from $36.00 previously
BofA Securities downgraded HashiCorp from Buy to Neutral
BTIG Research initiated coverage of HashiCorp with a rating of Buy and set a new price target of $37.00
Needham upgraded HashiCorp from Hold to Buy and set a new price target of $39.00
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
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Company adds proven SaaS public company CHRO, Jeff Harper, and additional senior roles amidst ongoing scale and expansion. AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced it has brought on public SaaS company veteran Jeff Harper as Chief Human Resources Officer (CHRO) to help scale the organization and infrastructure, continue to attract and retain exceptional talent, and steward AuditBoard's award-winning company culture through continued rapid growth. In addition, AuditBoard has appointed two internal leaders to new senior positions to support the next phase of growth and expansion for the business, naming Anthony Pl
SAN FRANCISCO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), a leader in multi-cloud infrastructure automation software, today announced that Michael Weingartner has joined HashiCorp as its first Chief Product Officer (CPO), and that Talha Tariq has been promoted to Chief Information Officer (CIO) and Chief Security Officer (CSO). Effective immediately, Weingartner and Tariq will both report to HashiCorp CEO Dave McJannet. "Michael joins HashiCorp as our first CPO, and we're thrilled to have him. He has decades of leadership experience building and driving research and development, supporting large and complex engineering teams and multiple product lines. His experience
Paul Brook brings over 25 years of world-class customer success expertise to the cloud-based education technology leader as the company aims to expand U.S. and International Market Share PowerSchool (NYSE:PWSC), the leading provider of cloud-based software for K-12 education in North America, today announced that Paul Brook joins the company as Chief Customer Officer (CCO) beginning February 1, 2023. Brook brings over two-decades experience developing and managing world-class customer success, services, support, and renewal organizations for SaaS and on-premises software companies. As CCO, Brook will lead PowerSchool's Professional Services and Customer Support teams, further aligning the
SAN FRANCISCO, Sept. 27, 2022 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), a leading provider of multi-cloud infrastructure automation software, today announced it has appointed David Henshall to its board of directors, effective immediately. Most recently Henshall held the role of chief executive officer at Citrix Systems. During his nearly two decades with the company he also held roles as chief operating officer and chief financial officer, overseeing the company's worldwide finance, operations, and administration organizations. "I'm thrilled to welcome David to HashiCorp's board of directors. I believe he'll bring a great deal of value to HashiCorp given his extensive experience
SAN FRANCISCO, April 28, 2022 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), a leading provider of multi-cloud infrastructure automation software, today announced it has appointed Gurpreet Singh as senior vice president of networking, responsible for leading the engineering, design and product teams for HashiCorp Consul®, the company's cloud service networking solution designed and built for the cloud era. Consul helps organizations more easily manage the unique networking and security challenges experienced in the cloud, where rapid growth and increased scale create new complexities, while requiring a new approach. Bringing Singh onboard is part of HashiCorp's ongoing, significant inv
NEW YORK, Feb. 10, 2022 /PRNewswire/ -- BigID, the leading data intelligence platform that enables organizations to know their enterprise data and take action for privacy, security, and governance, today announced the appointment of financial services executive Sigal Zarmi, to its Board of Advisors ("the Board"). Ms. Zarmi is an award-winning Chief Information Officer (CIO) and former International CIO and head of Digital Transformation at Morgan Stanley, having previously held senior technology positions at GE Capital, and PWC as well. She currently serves on two public com
Believes That Incremental Changes Since Last Annual Meeting Are Insufficient to Address the Poor Corporate Governance and Concerning Conflicts of Interest Threatening to Prevent NHI From Reaching its Full Value Potential Highlights the Urgent Need for NHI to Have Truly Independent Directors With the Right Expertise in the Boardroom Given Ongoing Lease Renewal Negotiations With Major Tenant National Healthcare Corp (NHC) Details Concerns That NHC Lease Negotiations Will Not Reflect Market Value Given Board Member Conflicts; Lease Likely Has 75% Upside Based on Strong Coverage and Precedent Transactions and Could Boost Earnings 13% Or More Believes NHI Shares Have 50% Upside Over the Next
SAN FRANCISCO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ company, today announced it will release financial results for the fourth quarter of its 2025 fiscal year, which ended January 31, 2025, after the U.S. markets close Thursday, March 6, 2025. In light of the pending transaction with IBM, HashiCorp will not be hosting an earnings conference call to review the results or providing a financial outlook. About HashiCorp HashiCorp is The Infrastructure Cloud™ company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastruct
Third quarter revenue totaled $173.4 million, representing an increase of 19% year-over-year.Trailing four quarter average Net Dollar Retention Rate was 109% at the end of the third quarter of fiscal 2025 as compared to 119% at the end of third quarter of fiscal 2024.Third quarter GAAP RPO totaled $775.4 million, representing an increase of 14% year-over-year; third quarter current GAAP RPO totaled $481.4 million, representing an increase of 20% year-over-year.Third quarter non-GAAP RPO totaled $795.6 million, representing an increase of 14% year-over-year; third quarter current non-GAAP RPO totaled $499.4 million, representing an increase of 19% year-over-year. SAN FRANCISCO, Dec. 05, 202
SAN FRANCISCO, Nov. 11, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ company, today announced it will release financial results for the third quarter of its 2025 fiscal year, which ended October 31, 2024, after the U.S. markets close Thursday, December 5, 2024. In light of the pending transaction with IBM, HashiCorp will not be hosting an earnings conference call to review the results or providing a financial outlook. About HashiCorp HashiCorp is The Infrastructure Cloud™ company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastru
Second quarter revenue totaled $165.1 million, representing an increase of 15% year-over-year.Trailing four quarter average Net Dollar Retention Rate was 110% at the end of the second quarter of fiscal 2025 as compared to 124% at the end of second quarter of fiscal 2024.Second quarter GAAP RPO totaled $771.5 million, representing an increase of 13% year-over-year; second quarter current GAAP RPO totaled $473.4 million, representing an increase of 19% year-over-year.Second quarter non-GAAP RPO totaled $793.3 million, representing an increase of 12% year-over-year; second quarter current non-GAAP RPO totaled $492.4 million, representing an increase of 17% year-over-year. SAN F
SAN FRANCISCO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ company, today announced it will release financial results for its second quarter of 2025 fiscal year, which ended July 31, 2024, after the U.S. markets close Thursday, August 29, 2024. In light of the pending transaction with IBM, HashiCorp will not be hosting an earnings conference call to review the results or providing a financial outlook. About HashiCorp HashiCorp is The Infrastructure Cloud™ company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastruc
First quarter revenue totaled $160.6 million, representing an increase of 16% year-over-year.Trailing four quarter average Net Dollar Retention Rate was 113% at the end of the first quarter of fiscal 2025 as compared to 127% at the end of first quarter of fiscal 2024.First quarter GAAP RPO totaled $748.5 million, representing an increase of 18% year-over-year; first quarter current GAAP RPO totaled $454.0 million, representing an increase of 22% year-over-year.First quarter non-GAAP RPO totaled $770.9 million, representing an increase of 17% year-over-year; first quarter current non-GAAP RPO totaled $473.6 million, representing an increase of 20% year-over-year. SAN FRANCISCO, May 30, 2024
SAN FRANCISCO, May 16, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ:HCP), The Infrastructure Cloud™ company, today announced it will release financial results for its first quarter of 2025 fiscal year, which ended April 30, 2024, after the U.S. markets close Thursday, May 30, 2024. In light of the pending transaction with IBM, HashiCorp will not be hosting an earnings conference call to review the results or providing a financial outlook. About HashiCorp HashiCorp is The Infrastructure Cloud™ company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastructure
$6.4 billion acquisition adds suite of leading hybrid and multi-cloud lifecycle management products to help clients grappling with today's AI-driven application growth and complexity HashiCorp's capabilities to drive significant synergies across multiple strategic growth areas for IBM, including Red Hat, watsonx, data security, IT automation and Consulting As a part of IBM, HashiCorp is expected to accelerate innovation and enhance its go-to-market, growth and monetization initiatives Transaction expected to be accretive to Adjusted EBITDA within the first full year, post close, and free cash flow in year two ARMONK, N.Y. and SAN FRANCISCO, April 24, 2024 /PRNewswire/ -- IBM (NYSE:IBM) and
Fourth quarter revenue totaled $155.8 million, representing an increase of 15% year-over-year; fiscal 2024 revenue totaled $583.1 million, representing an increase of 23% year-over-yearTrailing four quarter average Net Dollar Retention Rate was 115% at the end of the fourth quarter of fiscal 2024 and 131% at the end of fourth quarter of fiscal 2023.Fourth quarter total GAAP RPO totaled $775.8 million, representing an increase of 20% year-over-year; fourth quarter current GAAP RPO totaled $460.2 million, representing an increase of 23% year-over-year.Fourth quarter total non-GAAP RPO totaled $801.4 million, representing an increase of 19% year-over-year; fourth quarter current non-GAAP RPO to