Rapid7, Inc. (NASDAQ:RPD) Receives $12.53 Consensus Price Target from Analysts

Shares of Rapid7, Inc. (NASDAQ:RPD) have been assigned a consensus recommendation of “Reduce” from the twenty-two analysts that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $12.5263.

RPD has been the subject of several analyst reports. Mizuho decreased their target price on shares of Rapid7 from $16.00 to $12.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley set a $10.00 price objective on shares of Rapid7 in a report on Thursday, February 12th. Barclays decreased their price objective on shares of Rapid7 from $15.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 12th. Royal Bank Of Canada lowered their target price on shares of Rapid7 from $16.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 11th. Finally, Piper Sandler dropped their target price on Rapid7 from $16.00 to $10.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th.

Institutional Trading of Rapid7

Several institutional investors have recently bought and sold shares of RPD. JANA Partners Management LP grew its holdings in shares of Rapid7 by 13.5% during the third quarter. JANA Partners Management LP now owns 6,502,108 shares of the technology company’s stock worth $121,915,000 after buying an additional 772,194 shares in the last quarter. LSV Asset Management purchased a new position in shares of Rapid7 in the third quarter worth about $14,719,000. Assenagon Asset Management S.A. boosted its position in Rapid7 by 366.2% during the third quarter. Assenagon Asset Management S.A. now owns 144,707 shares of the technology company’s stock worth $2,713,000 after acquiring an additional 113,664 shares during the last quarter. CenterBook Partners LP boosted its position in Rapid7 by 68.9% during the second quarter. CenterBook Partners LP now owns 253,629 shares of the technology company’s stock worth $5,866,000 after acquiring an additional 103,504 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in Rapid7 by 4.6% during the 2nd quarter. First Trust Advisors LP now owns 1,543,770 shares of the technology company’s stock valued at $35,707,000 after acquiring an additional 67,801 shares in the last quarter. 95.66% of the stock is owned by institutional investors and hedge funds.

Rapid7 Stock Performance

Shares of RPD stock opened at $5.71 on Friday. Rapid7 has a 52-week low of $5.70 and a 52-week high of $29.92. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 5.77. The stock has a market cap of $376.23 million, a PE ratio of 15.86 and a beta of 0.88. The business has a 50-day simple moving average of $8.79 and a 200-day simple moving average of $14.00.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Rapid7 had a return on equity of 47.33% and a net margin of 2.72%.The company had revenue of $217.39 million during the quarter, compared to analysts’ expectations of $215.17 million. During the same period last year, the business earned $0.48 earnings per share. Rapid7’s quarterly revenue was up .5% on a year-over-year basis. Rapid7 has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.290-0.320 EPS. On average, equities analysts expect that Rapid7 will post 0.35 EPS for the current year.

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.