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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 $33.86, up 0.06% from the previous day, and has increased 54.05% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.75 percentage points. Hashicorp stock is currently +79.06% from its 52-week low of $18.91, and -0.6% from its 52-week high of $34.07.

There are currently 202.89M HCP shares outstanding. The market capitalization of HCP is $6.87B. In the last 24 hours, 2.63M HCP shares were traded.

How to Buy Hashicorp Stock

Wondering how to invest in Hashicorp stock? Here's how.
  1. Choose where to buy Hashicorp stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Hashicorp stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick 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 market research website 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 stock at a given price.
  6. Get the latest scoop on your investment in HCP: Create a watchlist to get live updates on your investment in Hashicorp shares.

Step 1: Choose where to buy Hashicorp stock

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

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal info so you can buy HCP today.

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  2. Provide your personal details to start your new trading account.
  1. Send your information by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have opened your account on mobile trading apps, you can securely and quickly fund your account:

Watch the walkthrough below to see the process of depositing funds into your brokerage account.

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Step 4: Research Hashicorp stock

After you have figured out the best place to buy Hashicorp stock, it's critical to evaluate their stock before you buy, so you truly understand the risk and upside.

Hashicorp quick stats

HCP Price
$33.86
1w %
-0.35%
1y %
54.05%
5y %
N/A
P/E
-45.76x
P/B
5.57x
P/S
10.89x
PEG
N/A
Revenue
$627.63M
Earnings
-$148.69M
Fore. Rev. Growth
8.7%
Fore. Earn. Growth
N/A
Market Cap
$6.87B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Hashicorp

WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.

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

Is HCP stock properly valued?

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

Using relative valuations methods:

  • HCP could be undervalued based on its P/B ratio of 5.57x, relative to Software - Infrastructure industry P/B ratio of 11.89x

You can do more valuation analysis on HCP's stock here.

A look at HCP Cashflows and Balance Sheet

Pros:

  • HCP profit margin has gone up from -44.4% to -23.7% in the past year.
  • HCP's operating cash flow of $38.52M allows it to safely service it's debt of $0.00.
  • 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 a low debt to equity ratio of 0.36.

Cons:

  • HCP earnings of -$146.56M is not enough to cover its interest payments.

Is it a good time to buy HCP stock, according to Wall Street analysts?

Out of 5 sell side analysts who give recommendations on HCP, the consensus analyst rating on HCP is a Hold

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

You can dive deeper into what analysts are projecting on the Hashicorp stock forecast page.

HCP Technicals

SMA10
33.91
SMA20
33.89
SMA50
33.83
SMA100
33.71
SMA200
29.96
MACD
0.02
MACD Signal
0.03
MACD Histogram
-0.01
RSI
49.13
Stochastic %K
44.34
Stochastic %D
63.49
StochRSI %K
21.98
StochRSI %D
43.72

Is HCP Growing Revenue?

Last year, HCP revenue was $627.63M. Over the past 2 year, HCP's revenue has grown by 26.29% per year. This was faster than the Software - Infrastructure industry average of 17.82%.

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

What are HCP executives and large shareholders up to?

In the last 12 months, insiders 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 $1,215,099.07 worth of HCP shares on Oct 2, 2024.

Research more about who owns HCP stock here.

Can I get consistent income from HCP stock?

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

What others are saying about HCP

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Place your HCP trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.

Click the Open button and eToro will execute your order.

If you want more help buying stocks on eToro, watch the helpful video below:

Open eToro Account

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

Now that you own some HCP stock, you'll want to keep up with your new investment.

Create a watchlist to track the most important metrics related to your HCP stock.

HCP Feed

How to Buy Stock in Hashicorp

To reiterate, here are the 6 steps you need to take to buy Hashicorp stock right now:

  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, eToro is our favorite option.

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 want to keep tabs on your investment in Hashicorp, get started below.

NASDAQ: HCP
$33.86+0.02 (+0.06%)
Updated Oct 15, 2024
Open eToro Account
NASDAQ: HCP
$33.86+0.02 (+0.06%)
Updated Oct 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hashicorp share?

As of Oct 15, 2024, it costs $33.86 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 0.295 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 5 Wall Street analysts who monitor Hashicorp, their consensus recommendation is to hold 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.