Rapid7 (NASDAQ:RPD) Updates FY 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.520-1.600 for the period, compared to the consensus estimate of 1.370. The company issued revenue guidance of $836.0 million-$842.0 million, compared to the consensus revenue estimate of $838.8 million. Rapid7 also updated its Q2 2026 guidance to 0.330-0.360 EPS.

Rapid7 Trading Down 0.1%

Rapid7 stock opened at $7.07 on Friday. Rapid7 has a 12-month low of $4.97 and a 12-month high of $25.85. The firm has a market capitalization of $472.50 million, a price-to-earnings ratio of 20.20 and a beta of 1.03. The firm has a 50 day moving average of $6.80 and a 200 day moving average of $8.96. 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 issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.06. The business had revenue of $209.69 million for the quarter, compared to the consensus estimate of $207.94 million. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. As a group, research analysts predict that Rapid7 will post 0.62 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on RPD shares. DA Davidson lifted their price target on shares of Rapid7 from $5.25 to $6.50 and gave the company an “underperform” rating in a report on Tuesday, June 2nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Rapid7 in a research report on Wednesday. Stifel Nicolaus lowered their price objective on Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Piper Sandler decreased their price objective on shares of Rapid7 from $10.00 to $8.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Finally, Barclays lowered their target price on shares of Rapid7 from $8.00 to $6.50 and set an “underweight” rating for the company in a research note on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $8.71.

Institutional Investors Weigh In On Rapid7

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