Rapid7, Inc. (NASDAQ:RPD) Given Consensus Recommendation of “Reduce” by Analysts

Rapid7, Inc. (NASDAQ:RPD) has received an average rating of “Reduce” from the twenty-two ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $9.0263.

Several equities analysts recently issued reports on RPD shares. Stifel Nicolaus decreased their target price on shares of Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of Rapid7 from a “buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Morgan Stanley cut shares of Rapid7 from an “equal weight” rating to an “underweight” rating and set a $9.00 price objective for the company. in a report on Tuesday, July 21st. Robert W. Baird set a $8.00 price objective on shares of Rapid7 in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $11.00 price objective on shares of Rapid7 in a research report on Thursday, July 16th.

Hedge Funds Weigh In On Rapid7

A number of large investors have recently bought and sold shares of RPD. Headlands Technologies LLC acquired a new stake in Rapid7 in the second quarter valued at approximately $44,000. Sound Income Strategies LLC purchased a new stake in shares of Rapid7 in the fourth quarter valued at approximately $40,000. Parallel Advisors LLC raised 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 buying an additional 1,364 shares during the period. KBC Group NV raised 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 buying an additional 1,832 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Rapid7 during the 4th quarter valued at approximately $71,000. Institutional investors and hedge funds own 95.66% of the company’s stock.

Rapid7 Stock Down 2.3%

Rapid7 stock opened at $9.39 on Thursday. The firm has a market cap of $627.53 million, a price-to-earnings ratio of 26.83 and a beta of 1.01. Rapid7 has a 52 week low of $4.97 and a 52 week high of $22.65. The business’s 50-day moving average price is $8.76 and its 200 day moving average price is $8.11. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.69.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.06. Rapid7 had a return on equity of 34.35% and a net margin of 2.61%.The company had revenue of $209.69 million during the quarter, compared to the consensus estimate of $207.94 million. During the same period in the previous year, the company posted $0.49 earnings per share. Rapid7’s revenue for the quarter was down .3% on a year-over-year basis. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. As a group, sell-side analysts anticipate that Rapid7 will post 0.63 earnings per share for the current 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.