<div id="readability-page-1"><p>HashiCorp (NASDAQ:HCP - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, August 29th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.</p><ul><li>IBM Sings the Blues on Mixed Pockets of Strength </li></ul><p>HashiCorp (NASDAQ:HCP - Get Free Report) last issued its quarterly earnings results on Thursday, May 30th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.22) by $0.02. The firm had revenue of $160.58 million during the quarter, compared to analyst estimates of $153.39 million. HashiCorp had a negative return on equity of 14.27% and a negative net margin of 31.13%. On average, analysts expect HashiCorp to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year. </p><h2>HashiCorp Stock Performance</h2><p>Shares of NASDAQ HCP opened at $33.94 on Thursday. The stock has a fifty day moving average price of $33.61 and a two-hundred day moving average price of $30.20. The firm has a market cap of $6.82 billion, a P/E ratio of -35.35 and a beta of 1.25. HashiCorp has a 1 year low of $18.91 and a 1 year high of $34.05. </p><h2>Insiders Place Their Bets</h2><p>In other news, CTO Armon Dadgar sold 35,904 shares of HashiCorp stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $33.65, for a total value of $1,208,169.60. Following the completion of the transaction, the chief technology officer now owns 1,517,548 shares in the company, valued at $51,065,490.20. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. In other HashiCorp news, CMO Marc Holmes sold 13,916 shares of HashiCorp stock in a transaction on Monday, June 10th. The shares were sold at an average price of $33.74, for a total transaction of $469,525.84. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, CTO Armon Dadgar sold 35,904 shares of HashiCorp stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $33.65, for a total transaction of $1,208,169.60. Following the sale, the chief technology officer now directly owns 1,517,548 shares of the company's stock, valued at approximately $51,065,490.20. The disclosure for this sale can be found here. Insiders sold a total of 365,832 shares of company stock worth $12,248,497 over the last quarter. Company insiders own 22.49% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>A number of research firms have recently issued reports on HCP. JMP Securities restated a &#34;market perform&#34; rating on shares of HashiCorp in a report on Thursday, June 6th. StockNews.com initiated coverage on HashiCorp in a report on Monday. They issued a &#34;hold&#34; rating for the company. Scotiabank reiterated a &#34;sector perform&#34; rating and set a $35.00 price objective (up from $31.00) on shares of HashiCorp in a report on Thursday, April 25th. William Blair lowered HashiCorp from an &#34;outperform&#34; rating to a &#34;market perform&#34; rating in a report on Wednesday, April 24th. Finally, Truist Financial reiterated a &#34;hold&#34; rating and set a $35.00 price objective (up from $27.00) on shares of HashiCorp in a report on Thursday, April 25th. Twelve analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of &#34;Hold&#34; and a consensus price target of $31.17.</p><p><b>Get Our Latest Research Report on HashiCorp</b></p><h2>HashiCorp Company Profile</h2> (Get Free Report)<p>HashiCorp, Inc engages in the provision of multi-cloud infrastructure automation solutions worldwide. The company offers infrastructure provisioning products, including Terraform, that enables IT operations teams to apply an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; Packer, that provides a consistent way to define the process of transforming the raw source inputs into a production worthy artifact, across any environment or packaging format; and Vagrant, that allows teams to define how development environments are set up.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than HashiCorp</li><li>Stock Ratings and Recommendations: Understanding Analyst Ratings</li><li>Target Hits the Mark: Q2 Earnings Exceed Expectations</li><li>Ride Out The Recession With These Dividend Kings </li><li>Is Tesla’s Rebound Just Starting? Why You Should Consider Buying</li><li>What is a support level?</li><li>Stanley Druckenmiller's Latest Bet: MELI—Should You Follow Suit?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SENQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SENQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Air Force quietly working with sub $10 stock on new tech <span><span>(From DTI)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MDk5?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MDk5"/></p><h2>Should you invest $1,000 in HashiCorp right now?</h2><p>Before you consider HashiCorp, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HashiCorp wasn't on the list.</p><p>While HashiCorp currently has a &#34;Hold&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

<p>HashiCorp (NASDAQ:HCP) is set to announce its quarterly earnings on Thursday, August 29. Analysts anticipate earnings of $-1 per share for the current fiscal year. The company had negative returns and margins in the last quarter, posting $-1.20 EPS. Insiders recently sold shares totaling over $1.2 million. Analysts' ratings for HCP include 12 holds and 3 buys, with an average price target of $30. The firm's market cap is approximately $2.82 billion, and its stock performance has seen fluctuations between $0.91 and $30.05 over the past year.</p>

HashiCorp (HCP) Set to Announce Quarterly Earnings on Thursday