Stephens Issues Positive Forecast for Rapid7 (NASDAQ:RPD) Stock Price

Rapid7 (NASDAQ:RPD) had its price target raised by analysts at Stephens from $10.00 to $12.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “equal weight” rating on the technology company’s stock. Stephens’ price target would suggest a potential downside of 11.47% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Robert W. Baird lifted their target price on Rapid7 from $8.00 to $10.00 and gave the stock a “neutral” rating in a research report on Tuesday. Canaccord Genuity Group dropped their price target on Rapid7 from $10.00 to $7.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. Jefferies Financial Group restated a “hold” rating and set a $12.00 price objective on shares of Rapid7 in a research report on Tuesday. Morgan Stanley downgraded Rapid7 from an “equal weight” rating to an “underweight” rating and set a $9.00 price objective for the company. in a research note on Tuesday, July 21st. Finally, William Blair lowered Rapid7 from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 28th. Seventeen research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $9.79.

Rapid7 Stock Up 16.8%

Shares of NASDAQ:RPD opened at $13.55 on Tuesday. Rapid7 has a 12-month low of $4.97 and a 12-month high of $21.78. The stock’s 50-day moving average price is $9.24 and its two-hundred day moving average price is $7.95. The firm has a market cap of $905.88 million, a price-to-earnings ratio of 38.85 and a beta of 0.97. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.69.

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, beating the consensus estimate 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%.The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 EPS. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. On average, research analysts forecast that Rapid7 will post 0.63 EPS for the current year.

Institutional Investors Weigh In On Rapid7

A number of institutional investors and hedge funds have recently modified their holdings of RPD. Parallel Advisors LLC lifted its holdings in shares of Rapid7 by 108.8% during the first quarter. Parallel Advisors LLC now owns 6,340 shares of the technology company’s stock valued at $35,000 after purchasing an additional 3,304 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Rapid7 during the second quarter valued at about $44,000. GAMMA Investing LLC boosted its holdings in shares of Rapid7 by 20.6% in the second quarter. GAMMA Investing LLC now owns 5,866 shares of the technology company’s stock worth $48,000 after buying an additional 1,000 shares during the period. KBC Group NV increased its position in shares of Rapid7 by 124.0% in the fourth quarter. KBC Group NV now owns 3,310 shares of the technology company’s stock worth $50,000 after acquiring an additional 1,832 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in Rapid7 during the 4th quarter worth approximately $71,000. Institutional investors and hedge funds own 95.66% of the company’s stock.

Rapid7 News Summary

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Adjusted earnings beat estimates: Rapid7 reported adjusted EPS of $0.44, above the $0.35 analyst consensus, while revenue of $210.9 million modestly exceeded the $208.2 million estimate. Rapid7 Q2 Earnings Snapshot
• Positive Sentiment: Profit outlook topped expectations: Rapid7 guided for third-quarter adjusted EPS of $0.44-$0.47, well above the $0.38 consensus estimate. The company expects third-quarter revenue of $208 million-$210 million, broadly near analysts’ forecast. Rapid7 Q2 Results
• Positive Sentiment: Balance sheet remains a support: Rapid7 ended the quarter with approximately $425.6 million in cash and equivalents, providing resources to fund operations and its transformation efforts. Rapid7 Announces Second Quarter 2026 Financial Results

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.