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How to Buy Hashicorp Stock

Hashicorp Inc

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, which enables security teams to apply policies based on application and user identity to govern access to credentials and secure sensitive data.

Hashicorp stock last closed at $33.39, up 0.36% from the previous day, and has increased 1.83% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.1 percentage points. Hashicorp stock is currently +76.57% from its 52-week low of $18.91, and -8.24% from its 52-week high of $36.39.

As of May 24, 2024, there are 199.55M HCP shares outstanding. The market cap of HCP is $6.66B. In the last 24 hours, 1.71M HCP shares were traded.

How to Buy Hashicorp Stock

Not sure how to invest in Hashicorp stock? Here's how.
  1. Choose where to buy Hashicorp stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Hashicorp stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Select your method of payment and add your info.
  4. Research Hashicorp stock: The Hashicorp ticker symbol is HCP. Is Hashicorp stock a good investment? Should you buy shares of HCP? How do HCP's underlying business fundamentals look? Do top analysts think Hashicorp is a good buy? Why has HCP's stock price moved recently? (Hint: Our stock research tools can help you decide if HCP is a good stock to buy).
  5. Place your HCP trade: Decide if you will purchase HCP shares at the current market price or use a limit order to purchase HCP shares at a given price.
  6. Get the latest scoop on your investment in HCP: Create a watchlist to the latest updates on your position in Hashicorp shares.

Step 1: Choose where to buy Hashicorp stock

You will need an online brokerage account to access the NASDAQ market and buy HCP shares.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal details so you can buy HCP today.

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  1. Submit your application by clicking the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have created your account on our top ranked stock app, you can securely and quickly fund your account:

Check out the tutorial below if you need help transferring money into your new investment account.

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Step 4: Research Hashicorp stock

Once you have selected the best place to buy Hashicorp stock, it's absolutely critical to evaluate their stock prior to investing, so you can wrap your head around the risk and opportunity.

Hashicorp stock data

HCP Price
$33.39
1w %
1.06%
1y %
1.83%
5y %
N/A
P/E
-34.07x
P/B
5.49x
P/S
11.1x
PEG
N/A
Revenue
$583.14M
Earnings
-$190.67M
Fore. Rev. Growth
15.5%
Fore. Earn. Growth
N/A
Market Cap
$6.66B
Next Earnings
May 30, 2024
Next Dividend
N/A

Hashicorp Overview

WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on HCP's stock page.

How is HCP stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge HCP's true value.

Using relative valuations ratios:

  • HCP may be undervalued based on its P/B ratio of 5.49x, relative to Software - Infrastructure industry P/B ratio of 12.06x

You can do additional valuation research on HCP's stock here.

A quick look at HCP Financials

Pros:

  • HCP has a low debt to equity ratio of 0.4.
  • HCP has $1.28B in cash and short term investments. This is enough to cover its annual cash burn of $22.88M.
  • There are more short-term assets than short-term liabilities on the HCP balance sheet.
  • There are more short-term assets than long-term liabilities on the HCP balance sheet.
  • HCP has cash burn of 22881000. It has enough cash and short-term investments to cover this for at least one year.

Cons:

  • HCP profit margin has gone up by 0.25 percentage points in the past year, but the company is still unprofitable.

Do analysts think it's a good time to buy HCP stock

Out of 12 Equities analysts who monitor HCP, the consensus analyst rating on Hashicorp is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

Latest HCP Analyst Ratings

Alex Henderson, a top 1% analyst from Needham reiterates HCP with a buy rating and maintains their HCP price target from $30.00 to $30.00, on Mar 7, 2024.

J. Derrick Wood, a top 4% analyst from TD Cowen maintains HCP with a hold rating and raises their HCP price target from $23.00 to $26.00, on Mar 6, 2024.

Brad Reback, a top 8% analyst from Stifel Nicolaus maintains HCP with a strong buy rating and raises their HCP price target from $26.00 to $28.00, on Mar 6, 2024.

Ittai Kidron, a top 7% analyst from Oppenheimer maintains HCP with a buy rating and maintains their HCP price target from $34.00 to $34.00, on Mar 6, 2024.

Gray Powell, a top 5% analyst from BTIG maintains HCP with a strong buy rating and raises their HCP price target from $25.00 to $27.00, on Mar 6, 2024.

You can dig deeper into what analysts are forecasting on the Hashicorp stock forecast page.

HCP Technical Indicators

SMA10
33.11
SMA20
32.92
SMA50
29.18
SMA100
26.41
SMA200
24.9
MACD
1.24
MACD Signal
1.43
MACD Histogram
-0.19
RSI
75.52
Stochastic %K
77.91
Stochastic %D
84.27
StochRSI %K
73.93
StochRSI %D
85.45

How is HCP performing as a company?

Last year, HCP revenue was $583.14M. In the past 4 year, HCP's revenue has increased by 48.09% per year. This was faster than the Software - Infrastructure industry average of 17.99%.

Learn more about HCP's earnings and revenue performance here.

What are HCP executives and large shareholders up to?

In the last year, executives and large shareholders at HCP have sold more shares than they have bought.

Armon Dadgar, CHIEF TECHNOLOGY OFFICER of HCP, was the latest HCP insider to sell. They sold $1,197,182.98 worth of HCP stock on May 22, 2024.

Dig into more about who owns HCP stock here.

Does HCP stock generate passive income?

No, Hashicorp doesn't provide an income stream by paying out dividends.

What do other investors have to say about HCP?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your HCP trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.

Click the Open Trade button and eToro will execute your order.

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Step 6: Get the latest scoop on your investment in HCP

Now that you own some shares in HCP, you'll want to stay up-to-date on your investment.

Make a watchlist to track your HCP stock.

HCP Feed

How to Buy Stock in Hashicorp

To reiterate, here are the 6 steps for buying Hashicorp stock:

  1. Choose where to buy Hashicorp stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Research Hashicorp stock
  5. Place your HCP trade
  6. Get the latest scoop on your investment in HCP

If you are looking for a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Hashicorp, get started below.

NASDAQ: HCP
$33.39+0.12 (+0.36%)
Updated May 24, 2024
Open eToro Account
NASDAQ: HCP
$33.39+0.12 (+0.36%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hashicorp share?

As of May 24, 2024, it costs $33.39 to buy one share of Hashicorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.299 shares of HCP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Hashicorp stock?

According to 12 Wall Street analysts who monitor Hashicorp, their consensus recommendation is to buy Hashicorp stock.

What is the best way to buy Hashicorp stock?

One way to place an order for Hashicorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.