Analysts rate Hashicorp Inc. (HCP:NSD) with a Buy rating and a $50 target

STA Research
by: STA Research
Hashicorp Inc.

Based on the Hashicorp stock forecast from 9 analysts, the average analyst HCP stock price target is USD 50.91 over the next 12 months. Hashicorp Inc’s average analyst rating is Buy. Stock Target Advisor’s own stock analysis of Hashicorp stock is Bearish, which is based on 1 positive signal and 5 negative signals. At the last closing, Hashicorp stock price was USD 30.26Hashicorp stock price has changed by -8.99% over the past week, -6.22% over the past month and -10.18% over the last year.

About Hashicorp Inc. (HCP:NSD):

HashiCorp, Inc. provides multi-cloud infrastructure automation solutions worldwide. The company offers Terraform, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based;  and Vault, which 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, which provides practitioners with a self-service interface to manage the application lifecycle. The company was incorporated in 2012 and is headquartered in San Francisco, California.

 

What we like:

Superior risk adjusted returns:

Hashicorp stock has performed well, on a risk adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

 

What we don’t like:

Overpriced compared to book value:

Hashicorp stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow:

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow:

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth:

Hashicorp stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth:

Hashicorp stock has shown below median revenue growth in the previous 5 years compared to its sector

Disclaimer

Stock Target Advisor is not a broker/dealer, investment advisor, or platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information, and education to help investors with their research. No content on our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis.

Leave a Reply

Your email address will not be published.