Rapid7, Inc. (RPD) – What Are Analysts Thinking About This Stock?

Shares of Rapid7, Inc. (NASDAQ:RPD) have been assigned a consensus recommendation of “Reduce” from the twenty-three analysts that are currently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $11.98.

RPD has been the subject of several recent research reports. Barclays increased their target price on shares of Rapid7 from $6.50 to $12.00 and gave the company an “underweight” rating in a research note on Tuesday, August 11th. Mizuho raised their target price on shares of Rapid7 from $8.00 to $11.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. Piper Sandler lifted their price target on shares of Rapid7 from $8.00 to $12.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Truist Financial upped their price target on Rapid7 from $6.00 to $10.00 and gave the company a “hold” rating in a report on Tuesday, July 21st. Finally, Wall Street Zen upgraded Rapid7 from a “hold” rating to a “buy” rating in a research report on Saturday, October 3rd.

Rapid7 Price Performance

Shares of Rapid7 stock opened at $13.74 on Tuesday. Rapid7 has a 52 week low of $4.97 and a 52 week high of $19.84. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.50. The stock has a market cap of $926.08 million, a PE ratio of 44.32 and a beta of 1.02. The company’s 50-day moving average price is $12.04 and its two-hundred day moving average price is $9.11.

Rapid7 (NASDAQ:RPD) last issued its quarterly earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.09. Rapid7 had a net margin of 2.35% and a return on equity of 27.89%. The company had revenue of $210.88 million during the quarter, compared to the consensus estimate of $208.23 million. During the same period in the prior year, the company earned $0.58 EPS. Rapid7’s 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, sell-side analysts anticipate that Rapid7 will post 0.76 EPS for the current fiscal year.

Hedge Funds Weigh In On Rapid7

Hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC lifted its holdings in shares of Rapid7 by 108.8% during the first quarter. Parallel Advisors LLC now owns 6,340 shares of the technology company’s stock valued at $35,000 after purchasing an additional 3,304 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Rapid7 in the 2nd quarter valued at $38,000. Allworth Financial LP acquired a new position in shares of Rapid7 in the 2nd quarter valued at $42,000. GAMMA Investing LLC boosted its position in shares of Rapid7 by 20.6% in the 2nd quarter. GAMMA Investing LLC now owns 5,866 shares of the technology company’s stock valued at $48,000 after purchasing an additional 1,000 shares during the period. Finally, Capula Management Ltd purchased a new position in Rapid7 in the 1st quarter worth about $73,000. 95.66% of the stock is currently owned by institutional investors and hedge funds.

Rapid7 Company Profile

Rapid7, Inc is a cybersecurity software and services company that helps organizations identify, assess and manage security risks across their technology environments. Its offerings are designed to provide visibility into vulnerabilities, threats and incidents across on-premises infrastructure, cloud environments, applications and user endpoints.

The company’s portfolio includes vulnerability risk management, security information and event management, extended detection and response, managed detection and response, cloud security, application security and threat intelligence solutions.