HCP Stock Recent News
HCP LATEST HEADLINES
HashiCorp (HCP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
The Wall Street Journal reported that HashiCorp is nearing a deal to be acquired by IBM. While the company could fetch a nice premium to yesterday's closing price, any deal will likely still be far below the company's 2021 IPO price.
HashiCorp's FY24 revenue exceeded expectations, leading to 150 bps of growth upside. Management's three-pronged growth strategy focusing on sales productivity, differentiation, and cloud products is promising. Despite a slowdown in FY25 revenue guidance, a buy rating is recommended due to the potential for growth acceleration and upside in valuation.
HashiCorp has been working with a financial adviser to gauge the interest of potential buyers, according to a report.
HashiCorp Inc.'s shares climbed more than 12% after hours Friday, after a report revealed that the cloud-adoption software company is considering putting itself up for sale.
Cloud software vendor HashiCorp is exploring options, including a sale, Bloomberg News reported on Friday citing people familiar with the matter.
Bloomberg reported on Friday that HashiCorp has engaged an outside firm to see about interest from potential buyers.
Dave McJannet, HashiCorp CEO, joins 'Closing Bell Overtime' to talk Q4 earnings, its buyback plan, and more.
Although the revenue and EPS for HashiCorp, Inc. (HCP) give a sense of how its business performed in the quarter ended January 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
SAN FRANCISCO, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it will release financial results for its fourth quarter and full 2024 fiscal year, which ended Jan. 31, 2024, after the U.S. markets close Tuesday, Mar. 5, 2024.