Rapid7, Inc. (NASDAQ:RPD) Receives $12.53 Consensus PT from Brokerages

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

Several analysts have weighed in on RPD shares. DA Davidson lowered their price target on Rapid7 from $14.00 to $6.50 and set an “underperform” rating on the stock in a report on Wednesday, February 11th. Stephens lowered their target price on shares of Rapid7 from $19.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. Mizuho dropped their target price on shares of Rapid7 from $16.00 to $12.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Morgan Stanley set a $10.00 price target on shares of Rapid7 in a report on Thursday, February 12th. Finally, Citigroup lowered their price objective on shares of Rapid7 from $15.00 to $11.50 and set a “neutral” rating on the stock in a research report on Thursday, February 12th.

Rapid7 Price Performance

Shares of NASDAQ:RPD opened at $6.22 on Monday. The company has a 50 day moving average of $11.60 and a 200 day moving average of $15.75. 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 stock has a market cap of $409.84 million, a P/E ratio of 17.28 and a beta of 0.79. Rapid7 has a 12 month low of $5.92 and a 12 month high of $30.95.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.44 EPS 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 the consensus estimate of $215.17 million. Rapid7 had a net margin of 2.72% and a return on equity of 47.33%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the firm 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, sell-side analysts forecast that Rapid7 will post 0.35 EPS for the current fiscal year.

Institutional Investors Weigh In On Rapid7

Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of Rapid7 by 26.8% during the 1st quarter. Royal Bank of Canada now owns 326,910 shares of the technology company’s stock valued at $8,667,000 after buying an additional 69,122 shares in the last quarter. AQR Capital Management LLC purchased a new position in shares of Rapid7 during the first quarter worth approximately $424,000. Woodline Partners LP raised its stake in shares of Rapid7 by 48.0% during the first quarter. Woodline Partners LP now owns 86,712 shares of the technology company’s stock worth $2,299,000 after acquiring an additional 28,115 shares in the last quarter. Y Intercept Hong Kong Ltd lifted its holdings in shares of Rapid7 by 475.8% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 186,287 shares of the technology company’s stock worth $4,309,000 after acquiring an additional 153,932 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in shares of Rapid7 by 1.6% in the 2nd quarter. Teacher Retirement System of Texas now owns 54,981 shares of the technology company’s stock valued at $1,272,000 after purchasing an additional 890 shares in the last quarter. Institutional investors own 95.66% of the company’s stock.

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.