HashiCorp
About: 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.
Employees: 2,200
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
150% more funds holding in top 10
Funds holding in top 10: 10 [Q1] → 25 (+15) [Q2]
51% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 78
31% more capital invested
Capital invested by funds: $2.93B [Q1] → $3.84B (+$910M) [Q2]
17% more funds holding
Funds holding: 242 [Q1] → 282 (+40) [Q2]
12% more call options, than puts
Call options by funds: $152M | Put options by funds: $136M
1% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 70
11.28% less ownership
Funds ownership: 86.09% [Q1] → 74.81% (-11.28%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Citigroup Fatima Boolani 63% 1-year accuracy 15 / 24 met price target | 4%upside $35 | Neutral Reinstated | 3 Sept 2024 |
Piper Sandler James Fish 52% 1-year accuracy 11 / 21 met price target | 4%upside $35 | Neutral Reiterated | 30 Aug 2024 |
Financial journalist opinion
Based on 4 articles about HCP published over the past 30 days