Rapid7 (NASDAQ:RPD) Releases Q3 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.440-0.470 for the period, compared to the consensus earnings per share estimate of 0.380. The company issued revenue guidance of $208.0 million-$210.0 million, compared to the consensus revenue estimate of $210.5 million.

Rapid7 Price Performance

Rapid7 stock traded up $0.04 during mid-day trading on Monday, reaching $11.61. 3,256,918 shares of the company were exchanged, compared to its average volume of 2,136,736. The company has a fifty day simple moving average of $9.18 and a 200-day simple moving average of $7.96. Rapid7 has a 12 month low of $4.97 and a 12 month high of $21.78. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a market cap of $775.90 million, a PE ratio of 33.17 and a beta of 0.97.

Rapid7 (NASDAQ:RPD) last released its earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.09. The firm 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 34.35% and a net margin of 2.61%.Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. As a group, equities research analysts expect that Rapid7 will post 0.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on RPD. Wall Street Zen lowered shares of Rapid7 from a “buy” rating to a “hold” rating in a report on Tuesday, April 14th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rapid7 in a report on Wednesday, June 24th. DA Davidson lifted their price objective on shares of Rapid7 from $5.25 to $6.50 and gave the company an “underperform” rating in a research note on Tuesday, June 2nd. Barclays lowered their price objective on shares of Rapid7 from $8.00 to $6.50 and set an “underweight” rating for the company in a research report on Thursday, May 7th. Finally, Scotiabank reduced their target price on Rapid7 from $9.00 to $7.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Seventeen research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Rapid7 currently has a consensus rating of “Reduce” and an average target price of $9.03.

Institutional Trading of Rapid7

A number of hedge funds and other institutional investors have recently modified their holdings of RPD. First Trust Advisors LP lifted its stake in shares of Rapid7 by 48.3% in the 4th quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after acquiring an additional 758,009 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Rapid7 by 1.6% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,876 shares of the technology company’s stock worth $40,716,000 after purchasing an additional 34,438 shares in the last quarter. Geode Capital Management LLC raised its position in Rapid7 by 5.7% in the fourth quarter. Geode Capital Management LLC now owns 1,462,653 shares of the technology company’s stock valued at $22,236,000 after purchasing an additional 78,448 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Rapid7 by 23.3% during the fourth quarter. Marshall Wace LLP now owns 1,404,686 shares of the technology company’s stock valued at $21,351,000 after purchasing an additional 265,413 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its holdings in shares of Rapid7 by 4.5% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 1,195,228 shares of the technology company’s stock worth $18,167,000 after purchasing an additional 51,053 shares during 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.