Rapid7, Inc. (NASDAQ:RPD) Receives $12.53 Average Price Target from Analysts

Shares of Rapid7, Inc. (NASDAQ:RPD) have earned a consensus recommendation of “Reduce” from the twenty-two research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $12.5263.

A number of analysts have recently commented on RPD shares. Royal Bank Of Canada cut their target price on shares of Rapid7 from $16.00 to $12.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley set a $10.00 price objective on Rapid7 in a report on Thursday, February 12th. Stifel Nicolaus cut their price objective on Rapid7 from $18.00 to $9.00 and set a “hold” rating for the company in a research note on Wednesday, February 11th. DA Davidson reduced their target price on Rapid7 from $14.00 to $6.50 and set an “underperform” rating for the company in a report on Wednesday, February 11th. Finally, Jefferies Financial Group set a $9.00 target price on Rapid7 in a research report on Wednesday, February 11th.

Institutional Investors Weigh In On Rapid7

Large investors have recently modified their holdings of the business. Headlands Technologies LLC acquired a new position in Rapid7 during the second quarter worth about $44,000. CI Investments Inc. raised its holdings 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 last quarter. Abich Financial Wealth Management LLC purchased a new position in Rapid7 in the 3rd quarter worth approximately $44,000. Sound Income Strategies LLC acquired a new position in shares of Rapid7 during the 4th quarter worth approximately $40,000. Finally, State of Alaska Department of Revenue acquired a new position in shares of Rapid7 during the 3rd quarter worth approximately $53,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Rapid7 Stock Performance

RPD stock opened at $6.31 on Friday. The company’s 50-day simple moving average is $9.10 and its 200-day simple moving average is $14.20. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 5.77. Rapid7 has a 52-week low of $5.92 and a 52-week high of $30.95. The firm has a market cap of $415.77 million, a P/E ratio of 17.53 and a beta of 0.89.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results 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. The firm had revenue of $217.39 million during the quarter, compared to analyst estimates of $215.17 million. Rapid7 had a return on equity of 47.33% and a net margin of 2.72%.Rapid7’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.48 EPS. Rapid7 has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.290-0.320 EPS. As a group, equities analysts forecast that Rapid7 will post 0.35 EPS for the current fiscal year.

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.