Rapid7 (NASDAQ:RPD) Issues Q2 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.330-0.360 for the period, compared to the consensus estimate of 0.300. The company issued revenue guidance of $207.0 million-$209.0 million, compared to the consensus revenue estimate of $208.3 million. Rapid7 also updated its FY 2026 guidance to 1.520-1.600 EPS.

Rapid7 Trading Up 6.2%

RPD stock opened at $6.73 on Wednesday. Rapid7 has a 52-week low of $4.97 and a 52-week high of $25.85. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.69. The firm has a market cap of $449.77 million, a P/E ratio of 19.23 and a beta of 1.03. The company’s 50-day simple moving average is $6.73 and its 200-day simple moving average is $9.09.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.06. The firm had revenue of $209.69 million during the quarter, compared to analyst estimates of $207.94 million. Rapid7 had a return on equity of 34.35% and a net margin of 2.61%.Rapid7’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.49 EPS. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. As a group, equities analysts forecast that Rapid7 will post 0.63 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Morgan Stanley upgraded Rapid7 from an “outperform” rating to a “neutral” rating in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. cut their price target on shares of Rapid7 from $11.00 to $7.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Scotiabank reduced their price objective on shares of Rapid7 from $9.00 to $7.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. William Blair downgraded shares of Rapid7 from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Finally, Barclays dropped their target price on shares of Rapid7 from $8.00 to $6.50 and set an “underweight” rating on the stock in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating, eighteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $8.71.

Institutional Investors Weigh In On Rapid7

A number of large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Rapid7 by 114.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,136,438 shares of the technology company’s stock worth $49,409,000 after purchasing an additional 1,142,148 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Rapid7 by 48.3% in the fourth quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after purchasing an additional 758,009 shares during the last quarter. Marshall Wace LLP lifted its position in Rapid7 by 60.9% during the third quarter. Marshall Wace LLP now owns 1,139,273 shares of the technology company’s stock worth $21,361,000 after buying an additional 431,195 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in Rapid7 by 81.0% during the third quarter. CANADA LIFE ASSURANCE Co now owns 701,200 shares of the technology company’s stock worth $13,624,000 after buying an additional 313,717 shares in the last quarter. Finally, Alyeska Investment Group L.P. boosted its stake in Rapid7 by 27.9% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,193,516 shares of the technology company’s stock worth $18,141,000 after buying an additional 260,168 shares during the last quarter. Hedge funds and other institutional investors own 95.66% of the company’s stock.

About Rapid7

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7’s offering is its Insight platform, a unified, cloud-native security operations and analytics suite.