Demystifying HashiCorp: Insights From 7 Analyst Reviews

In the preceding three months, 7 analysts have released ratings for HashiCorp HCP, presenting a wide array of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for HashiCorp, revealing an average target of $26.43, a high estimate of $36.00, and a low estimate of $23.00. This current average has decreased by 13.34% from the previous average price target of $30.50.

Breaking Down Analyst Ratings: A Detailed Examination

In examining recent analyst actions, we gain insights into how financial experts perceive HashiCorp. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to HashiCorp. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of HashiCorp compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of HashiCorp's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of HashiCorp's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on HashiCorp analyst ratings.

Unveiling the Story Behind HashiCorp

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.

HashiCorp: A Financial Overview

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: HashiCorp's remarkable performance in 3 months is evident. As of 31 October, 2023, the company achieved an impressive revenue growth rate of 16.58%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -27.01%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): HashiCorp's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -3.32%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): HashiCorp's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.48%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: HashiCorp's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.01.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.