As announced on April 24, 2024, HashiCorp and IBM have entered into a definitive agreement under which IBM will acquire HashiCorp for $35.00 per share in cash, representing an enterprise value of $6.4 billion. The transaction is currently expected to close by the end of 2024
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| 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 |
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
4 - HashiCorp, Inc. (0001720671) (Issuer)
SC 13G/A - HashiCorp, Inc. (0001720671) (Subject)
SC 13G/A - HashiCorp, Inc. (0001720671) (Subject)
SC 13G/A - HashiCorp, Inc. (0001720671) (Subject)
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
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
144 - HashiCorp, Inc. (0001720671) (Subject)
8-K/A - HashiCorp, Inc. (0001720671) (Filer)
144 - HashiCorp, Inc. (0001720671) (Subject)
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, 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
International Business Machines Corporation (NYSE:IBM) disclosed securing a five-year contract with $26 million in initial funding from the U.S. Agency for International Development (USAID). The contract will support the Cybersecurity Protection and Response (CPR) program, enhancing cybersecurity for host governments in Europe and Eurasia. Alice Fakir, Partner, Lead of Cybersecurity Services, U.S. Federal Market for IBM Consulting, stated, “For USAID host countries to benefit from IT modernization efforts, they must incorporate cyber threat mitigation and capacity-building into their program design and implementation.” IBM’s team will provide the continuous service needed to help US
The final voting results of the Special Meeting will be filed as part of a Form 8-K with the U.S. Securities and Exchange Commission. The transaction is expected to close by the end of 2024, subject to the remaining regulatory approvals and other customary closing conditions under the merger agreement.