HCP Stock Summary and Trading Ideas (Hashicorp | NASDAQ:HCP)

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.

Hashicorp trades on the NASDAQ stock market under the symbol HCP.

As of February 28, 2025, HCP stock price was flat at $34.78 with million shares trading.

HCP has a market cap of $7.11 billion. This is considered a Mid Cap stock.

Last quarter Hashicorp reported $173 million in Revenue and $.13 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.08.

In the last 3 years, HCP traded as high as $60.03 and as low as $18.91.

The top ETF exchange traded funds that HCP belongs to (by Net Assets): VTI, VB, VGT, VXF, VBK.

HCP has outperformed the market in the last year with a price return of +30.9% while the SPY ETF gained +18.8%. HCP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +3.6% and +1.1%, respectively, while the SPY returned -0.4% and -2.5%, respectively.

HCP support price is $34.64 and resistance is $34.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HCP shares will trade within this expected range on the day.