Rapid7 (NASDAQ:RPD) Issues Q1 2025 Earnings Guidance

Rapid7 (NASDAQ:RPD) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.330-0.360 for the period, compared to the consensus earnings per share estimate of 0.550. The company issued revenue guidance of $207.0 million-$209.0 million, compared to the consensus revenue estimate of $214.4 million. Rapid7 also updated its FY 2025 guidance to 1.720-1.850 EPS.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their target price on shares of Rapid7 from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday. DA Davidson increased their price objective on shares of Rapid7 from $35.00 to $39.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. UBS Group lowered their target price on Rapid7 from $59.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. Stifel Nicolaus restated a “hold” rating and issued a $42.00 price target (down from $48.00) on shares of Rapid7 in a research report on Friday, January 17th. Finally, Jefferies Financial Group assumed coverage on Rapid7 in a research report on Wednesday, October 16th. They set a “buy” rating and a $50.00 price objective on the stock. Fifteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $43.65.

Rapid7 Stock Down 3.0 %

RPD stock traded down $1.14 during mid-day trading on Wednesday, hitting $36.79. 1,733,545 shares of the company were exchanged, compared to its average volume of 588,797. The business has a fifty day simple moving average of $39.71 and a 200-day simple moving average of $38.88. The firm has a market capitalization of $2.33 billion, a P/E ratio of 58.40 and a beta of 0.96. Rapid7 has a 12-month low of $32.94 and a 12-month high of $61.79.

Rapid7 (NASDAQ:RPD) last posted its earnings results on Wednesday, February 12th. The technology company reported $0.12 earnings per share 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%. Research analysts predict that Rapid7 will post 0.98 EPS for the current year.

Insider Buying and Selling

In related news, CEO Corey E. Thomas sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $39.38, for a total transaction of $3,938,000.00. Following the sale, the chief executive officer now directly owns 431,469 shares of the company’s stock, valued at $16,991,249.22. This represents a 18.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.60% of the stock is owned by corporate insiders.

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.