Rapid7 (NASDAQ:RPD) Updates Q2 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.330-0.360 for the period, compared to the consensus EPS estimate of 0.300. The company issued revenue guidance of $207.0 million-$209.0 million, compared to the consensus revenue estimate of $208.3 million. Rapid7 also updated its FY 2026 guidance to 1.520-1.600 EPS.

Rapid7 Price Performance

Shares of RPD opened at $6.73 on Wednesday. Rapid7 has a fifty-two week low of $4.97 and a fifty-two week high of $25.85. The company has a 50 day moving average price of $6.73 and a 200-day moving average price of $9.09. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market capitalization of $449.77 million, a PE ratio of 19.23 and a beta of 1.03.

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

Analyst Ratings Changes

A number of research firms have commented on RPD. Canaccord Genuity Group reduced their target price on Rapid7 from $10.00 to $7.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Piper Sandler cut their price objective on Rapid7 from $10.00 to $8.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Robert W. Baird set a $8.00 price target on Rapid7 in a research note on Wednesday, May 6th. Stifel Nicolaus reduced their price target on shares of Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Finally, Morgan Stanley upgraded Rapid7 from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 2nd. One equities research analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $8.71.

Institutional Trading of Rapid7

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. raised its position in Rapid7 by 8.8% in the second quarter. Prudential Financial Inc. now owns 8,513 shares of the technology company’s stock worth $197,000 after acquiring an additional 690 shares in the last quarter. Parallel Advisors LLC increased its holdings in Rapid7 by 81.6% in the fourth quarter. Parallel Advisors LLC now owns 3,036 shares of the technology company’s stock valued at $46,000 after buying an additional 1,364 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Rapid7 during the 2nd quarter worth approximately $44,000. Swiss National Bank raised its holdings in Rapid7 by 1.8% in the third quarter. Swiss National Bank now owns 112,000 shares of the technology company’s stock valued at $2,100,000 after buying an additional 2,000 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in Rapid7 by 1.8% during the fourth quarter. Russell Investments Group Ltd. now owns 124,134 shares of the technology company’s stock valued at $1,887,000 after buying an additional 2,150 shares in the last quarter. Institutional investors and hedge funds own 95.66% of the company’s stock.

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.