Analysts Set Rapid7, Inc. (NASDAQ:RPD) Price Target at $12.53
by Scott Moore · The Cerbat GemShares of Rapid7, Inc. (NASDAQ:RPD – Get Free Report) have received an average rating of “Reduce” from the twenty-two analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $12.3158.
Several equities analysts have weighed in on RPD shares. Royal Bank Of Canada dropped their price objective on Rapid7 from $16.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 11th. Susquehanna set a $8.00 target price on Rapid7 in a research note on Thursday, February 12th. Stephens lowered their target price on Rapid7 from $19.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. Needham & Company LLC reiterated a “hold” rating on shares of Rapid7 in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group set a $9.00 target price on Rapid7 in a research note on Wednesday, February 11th.
View Our Latest Stock Analysis on RPD
Institutional Trading of Rapid7
Large investors have recently bought and sold shares of the company. Prudential Financial Inc. raised its stake in Rapid7 by 8.8% in the 2nd quarter. Prudential Financial Inc. now owns 8,513 shares of the technology company’s stock valued at $197,000 after acquiring an additional 690 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Rapid7 by 6.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,427 shares of the technology company’s stock valued at $221,000 after acquiring an additional 732 shares during the period. CI Investments Inc. raised its stake in Rapid7 by 48.4% in the 3rd quarter. CI Investments Inc. now owns 2,281 shares of the technology company’s stock valued at $43,000 after acquiring an additional 744 shares during the period. Y.D. More Investments Ltd raised its stake in Rapid7 by 10.8% in the 3rd quarter. Y.D. More Investments Ltd now owns 9,625 shares of the technology company’s stock valued at $187,000 after acquiring an additional 939 shares during the period. Finally, Nordea Investment Management AB increased its position in shares of Rapid7 by 1.6% during the third quarter. Nordea Investment Management AB now owns 79,546 shares of the technology company’s stock valued at $1,524,000 after buying an additional 1,252 shares during the period. 95.66% of the stock is owned by hedge funds and other institutional investors.
Rapid7 Stock Performance
NASDAQ RPD opened at $5.77 on Tuesday. The company has a fifty day simple moving average of $6.47 and a 200 day simple moving average of $12.38. Rapid7 has a 12-month low of $4.97 and a 12-month high of $27.10. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 5.77. The company has a market cap of $380.20 million, a P/E ratio of 16.03 and a beta of 0.90.
Rapid7 (NASDAQ:RPD – Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Rapid7 had a return on equity of 47.33% and a net margin of 2.72%.The business had revenue of $217.39 million for the quarter, compared to analysts’ expectations of $215.17 million. During the same period last year, the business earned $0.48 EPS. The business’s revenue was up .5% on a year-over-year basis. Rapid7 has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.290-0.320 EPS. Sell-side analysts predict that Rapid7 will post 0.35 earnings per share for the current fiscal year.
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.