Wall Street Zen Upgrades Rapid7 (NASDAQ:RPD) to “Buy”

Rapid7 (NASDAQ:RPD) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

A number of other research firms also recently weighed in on RPD. JPMorgan Chase & Co. increased their price target on shares of Rapid7 from $7.00 to $12.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Morgan Stanley cut shares of Rapid7 from an “equal weight” rating to an “underweight” rating and set a $9.00 price objective for the company. in a research note on Tuesday, July 21st. Stephens restated a “positive” rating on shares of Rapid7 in a report on Tuesday, August 11th. Raymond James Financial reaffirmed an “outperform” rating and issued a $15.00 target price on shares of Rapid7 in a research report on Tuesday, August 11th. Finally, Citigroup reiterated a “neutral” rating on shares of Rapid7 in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Rapid7 has an average rating of “Reduce” and a consensus target price of $11.98.

Rapid7 Stock Performance

Shares of RPD stock opened at $13.00 on Friday. The firm has a market cap of $876.20 million, a P/E ratio of 41.94 and a beta of 0.97. Rapid7 has a 1-year low of $4.97 and a 1-year high of $21.77. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.80 and a quick ratio of 0.80. The firm’s 50-day simple moving average is $9.66 and its 200-day simple moving average is $7.96.

Rapid7 (NASDAQ:RPD) last released its earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.09. Rapid7 had a net margin of 2.35% and a return on equity of 27.89%. The business had revenue of $210.88 million for the quarter, compared to analysts’ expectations of $208.23 million. During the same period last year, the company earned $0.58 earnings per share. The company’s quarterly revenue was down 1.5% on a year-over-year basis. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. As a group, equities analysts forecast that Rapid7 will post 0.69 EPS for the current year.

Institutional Investors Weigh In On Rapid7

Several large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Rapid7 by 114.9% during the second 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 in the last quarter. First Trust Advisors LP grew its stake 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 buying an additional 758,009 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Rapid7 by 7.6% in the fourth quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock valued at $140,961,000 after buying an additional 653,498 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Rapid7 during the 2nd quarter valued at about $3,844,000. Finally, Marshall Wace LLP raised its holdings in shares of Rapid7 by 60.9% during the 3rd quarter. Marshall Wace LLP now owns 1,139,273 shares of the technology company’s stock valued at $21,361,000 after buying an additional 431,195 shares during the period. Institutional investors and hedge funds own 95.66% of the company’s stock.

Key Headlines Impacting Rapid7

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Rapid7 reported quarterly earnings of $0.44 per share, exceeding the $0.35 consensus estimate, while revenue of $210.88 million also topped expectations. The results and subsequent guidance of $0.44–$0.47 in quarterly EPS provide support for the stock. Rapid7 Shares Gap Up Following Earnings Beat
• Positive Sentiment: Rapid7’s research with Omdia identified a significant gap in corporate AI governance, with executive security leaders reporting greater concern and engagement. The findings could reinforce demand for Rapid7’s security and risk-management products as businesses expand AI adoption. Rapid7-Omdia AI Governance Research
• Positive Sentiment: Stephens raised its price target to $12, while reports from Robert W. Baird and JPMorgan described potential for meaningful price appreciation. These targets suggest some analysts view the recent weakness as an opportunity. Stephens Raises Rapid7 Price Target
• Neutral Sentiment: Stifel Nicolaus maintained a Hold rating, indicating that the earnings improvement has not yet changed its overall risk-reward assessment. Stifel Maintains Hold Rating
• Neutral Sentiment: Zacks’ value-focused review highlights valuation, growth and estimate-revision trends but does not provide a clear new catalyst. Zacks Rapid7 Value Review
• Negative Sentiment: Rapid7’s 2026 restructuring is intended to refocus the company on its core platform, but restructuring costs and execution risks may pressure near-term results. Revenue also declined 1.5% year over year, tempering the earnings beat. Rapid7 Announces 2026 Restructuring

Rapid7 Company Profile

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.