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

Rapid7, Inc. (NASDAQ:RPD) has received a consensus rating of “Reduce” from the twenty-three brokerages that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, eighteen have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $11.9816.

Several equities research analysts have recently weighed in on the company. Susquehanna raised their target price on Rapid7 from $7.00 to $15.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $12.00 price target on shares of Rapid7 in a report on Tuesday, August 11th. William Blair lowered shares of Rapid7 from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. Barclays raised their price objective on shares of Rapid7 from $6.50 to $12.00 and gave the stock an “underweight” rating in a report on Tuesday, August 11th. Finally, Truist Financial boosted their price objective on shares of Rapid7 from $6.00 to $10.00 and gave the stock a “hold” rating in a research report on Tuesday, July 21st.

Rapid7 Stock Performance

NASDAQ:RPD opened at $11.85 on Monday. The firm has a market capitalization of $798.69 million, a PE ratio of 38.23 and a beta of 0.97. The business’s fifty day moving average price is $10.16 and its 200 day moving average price is $7.96. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.80 and a quick ratio of 0.80. Rapid7 has a 12 month low of $4.97 and a 12 month high of $21.27.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. The company had revenue of $210.88 million during the quarter, compared to the consensus estimate of $208.23 million. Rapid7 had a return on equity of 27.89% and a net margin of 2.35%.Rapid7’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.58 EPS. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. On average, sell-side analysts anticipate that Rapid7 will post 0.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rapid7

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quantinno Capital Management LP lifted its stake in Rapid7 by 776.1% in the first quarter. Quantinno Capital Management LP now owns 260,359 shares of the technology company’s stock valued at $1,435,000 after buying an additional 230,641 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Rapid7 by 535.0% during the first quarter. Renaissance Technologies LLC now owns 149,196 shares of the technology company’s stock worth $822,000 after acquiring an additional 125,700 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Rapid7 by 24.3% during the first quarter. Pacer Advisors Inc. now owns 469,912 shares of the technology company’s stock worth $2,589,000 after acquiring an additional 91,905 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Rapid7 in the 1st quarter valued at $1,048,000. Finally, Hsbc Holdings PLC increased its holdings in shares of Rapid7 by 274.1% in the 4th quarter. Hsbc Holdings PLC now owns 159,688 shares of the technology company’s stock valued at $2,446,000 after acquiring an additional 117,000 shares during the period. 95.66% of the stock is owned by hedge funds and other institutional investors.

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.