Rapid7 (NASDAQ:RPD) Issues FY 2025 Earnings Guidance

Rapid7 (NASDAQ:RPD) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.720-1.850 for the period, compared to the consensus estimate of 2.330. The company issued revenue guidance of $860.0 million-$870.0 million, compared to the consensus revenue estimate of $886.3 million. Rapid7 also updated its Q1 2025 guidance to 0.330-0.360 EPS.

Wall Street Analysts Forecast Growth

RPD has been the topic of several research reports. Scotiabank boosted their price objective on shares of Rapid7 from $39.00 to $42.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. dropped their price target on Rapid7 from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday. Truist Financial reduced their price objective on Rapid7 from $40.00 to $38.00 and set a “hold” rating for the company in a research report on Thursday, November 7th. Piper Sandler cut their target price on Rapid7 from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $42.00 price target (down previously from $48.00) on shares of Rapid7 in a research report on Friday, January 17th. Fifteen analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $43.65.

Rapid7 Trading Down 3.0 %

Shares of Rapid7 stock traded down $1.14 during trading on Wednesday, hitting $36.79. 1,733,545 shares of the stock were exchanged, compared to its average volume of 588,797. Rapid7 has a 1-year low of $32.94 and a 1-year high of $61.79. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 58.40 and a beta of 0.96. The company has a fifty day moving average price of $39.71 and a 200-day moving average price of $38.88.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Wednesday, February 12th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.38). Rapid7 had a net margin of 5.65% and a negative return on equity of 128.95%. Equities research analysts forecast that Rapid7 will post 0.98 EPS for the current fiscal year.

Insider Transactions at Rapid7

In other Rapid7 news, CEO Corey E. Thomas sold 100,000 shares of Rapid7 stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $39.38, for a total value of $3,938,000.00. Following the completion of the transaction, the chief executive officer now directly owns 431,469 shares of the company’s stock, valued at $16,991,249.22. The trade was a 18.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.60% of the company’s stock.

Rapid7 Company Profile

Rapid7, Inc provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brand names. The company offers endpoint to cloud data collection and sharing applications, such as Rapid7 Insight Agent, a software-based agent that is used on assets across on-premises and cloud environments to centralize and monitor data on company's platform; Rapid7 Insight Network Sensor that analyzes raw end-to-end network traffic to increase visibility into user activity, pinpoint real threats, and investigations; Rapid7 Cloud Event Data Harvesting that offers visibility into changes made to cloud resources; and third-party integrations and ecosystem, as well as orchestration and automation solutions.