Rapid7 (NASDAQ:RPD) Price Target Raised to $12.00

Rapid7 (NASDAQ:RPD) had its price target upped by Stephens from $10.00 to $12.00 in a research note published on Tuesday,Benzinga reports. They currently have an equal weight rating on the technology company’s stock.

Several other brokerages have also recently commented on RPD. William Blair cut shares of Rapid7 from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. Canaccord Genuity Group decreased their target price on Rapid7 from $10.00 to $7.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. JPMorgan Chase & Co. decreased their price objective on shares of Rapid7 from $11.00 to $7.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Scotiabank increased their price objective on shares of Rapid7 from $7.00 to $10.15 and gave the company a “sector perform” rating in a research note on Tuesday. Finally, Mizuho raised their target price on shares of Rapid7 from $8.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $11.98.

Rapid7 Trading Up 12.3%

Shares of RPD stock opened at $13.78 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $928.77 million, a P/E ratio of 44.45 and a beta of 0.97. The business’s 50 day moving average is $9.55 and its two-hundred day moving average is $7.96. Rapid7 has a twelve month low of $4.97 and a twelve month high of $21.78.

Rapid7 (NASDAQ:RPD) last issued its earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.09. Rapid7 had a net margin of 2.35% and a return on equity of 29.93%. The business had revenue of $210.88 million for the quarter, compared to the consensus estimate of $208.23 million. During the same quarter in the previous year, the firm earned $0.58 earnings per share. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. Equities analysts forecast that Rapid7 will post 0.67 EPS for the current year.

Institutional Trading of Rapid7

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in Rapid7 in the 2nd quarter worth approximately $44,000. Parallel Advisors LLC lifted its stake in shares of Rapid7 by 81.6% during the 4th quarter. Parallel Advisors LLC now owns 3,036 shares of the technology company’s stock worth $46,000 after purchasing an additional 1,364 shares during the period. KBC Group NV lifted its stake in shares of Rapid7 by 124.0% during the 4th quarter. KBC Group NV now owns 3,310 shares of the technology company’s stock worth $50,000 after purchasing an additional 1,832 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Rapid7 during the fourth quarter worth $71,000. Finally, Advisors Asset Management Inc. purchased a new stake in shares of Rapid7 in the fourth quarter valued at $79,000. 95.66% of the stock is owned by hedge funds and other institutional investors.

Rapid7 News Summary

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Quarterly earnings beat expectations: Rapid7 reported adjusted earnings of $0.44 per share versus the $0.35 consensus estimate, while revenue of $210.88 million also exceeded expectations. Management’s third-quarter earnings guidance of $0.44–$0.47 per share provides additional support, although revenue declined 1.5% year over year. Rapid7 Q2 2026 earnings
• Positive Sentiment: Analysts see potential upside: Robert W. Baird and JPMorgan published forecasts calling for strong price appreciation in Rapid7 shares, while Stephens raised its price target to $12. These actions indicate improving sentiment around the cybersecurity company’s earnings and strategy. Baird Rapid7 forecast JPMorgan Rapid7 forecast Stephens raises Rapid7 price target
• Positive Sentiment: AI governance research reinforces market opportunity: Rapid7 and Omdia found that executive security leaders are 1.6 times more likely than operational security managers to express high concern about how AI vendors handle company security data. The findings could support demand for AI-powered security monitoring, governance and compliance solutions. Rapid7-Omdia AI governance research
• Neutral Sentiment: Restructuring could improve focus but carries execution risk: Rapid7 announced a 2026 restructuring intended to refocus the business on its core platform. The strategy may improve efficiency and sharpen product priorities, but restructuring costs and disruption could weigh on near-term results. Rapid7 announces 2026 restructuring
• Negative Sentiment: Analyst views remain divided: Conflicting recommendations suggest that investors do not have a clear consensus on Rapid7’s valuation or outlook. Stephens’ $12 target is also below the recently cited trading level, limiting the immediate upside implied by that target. Analyst sentiment on Rapid7
• Negative Sentiment: Recent volatility highlights valuation risk: Rapid7 shares previously fell sharply despite the earnings beat, and revenue remains below the prior-year level. Investors may continue to focus on growth durability, leverage and whether the restructuring can produce sustained profitability. Rapid7 share decline and GF Score analysis

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.