Rapid7 (NASDAQ:RPD) Releases Q2 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its second quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.330-0.360 for the period, compared to the consensus estimate of 0.320. The company issued revenue guidance of $207.0 million-$209.0 million, compared to the consensus revenue estimate of $208.7 million. Rapid7 also updated its FY 2026 guidance to 1.520-1.600 EPS.

Rapid7 Stock Up 2.9%

Rapid7 stock traded up $0.19 during mid-day trading on Tuesday, hitting $6.68. The company had a trading volume of 2,836,830 shares, compared to its average volume of 1,948,481. The stock has a market cap of $446.04 million, a price-to-earnings ratio of 18.56 and a beta of 0.89. Rapid7 has a 1 year low of $4.97 and a 1 year high of $27.10. 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 business has a fifty day moving average of $6.02 and a 200 day moving average of $11.40.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.30 by $0.06. The company had revenue of $209.69 million for the quarter, compared to analyst estimates of $207.95 million. Rapid7 had a net margin of 2.72% and a return on equity of 47.33%. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. On average, sell-side analysts expect that Rapid7 will post 0.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on RPD. Canaccord Genuity Group set a $10.00 price target on Rapid7 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. Zacks Research downgraded Rapid7 from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. DA Davidson dropped their price target on Rapid7 from $14.00 to $6.50 and set an “underperform” rating on the stock in a research note on Wednesday, February 11th. Stifel Nicolaus dropped their price target on Rapid7 from $18.00 to $9.00 and set a “hold” rating on the stock in a research note on Wednesday, February 11th. Finally, UBS Group restated a “neutral” rating and set a $9.00 price target on shares of Rapid7 in a research note on Wednesday, February 11th. Two equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $12.21.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Prudential Financial Inc. grew its stake in shares of Rapid7 by 8.8% in the 2nd quarter. Prudential Financial Inc. now owns 8,513 shares of the technology company’s stock valued at $197,000 after purchasing an additional 690 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of Rapid7 by 81.6% in the 4th quarter. Parallel Advisors LLC now owns 3,036 shares of the technology company’s stock valued at $46,000 after purchasing an additional 1,364 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Rapid7 in the 2nd quarter valued at approximately $44,000. Swiss National Bank grew its stake in shares of Rapid7 by 1.8% in the 3rd quarter. Swiss National Bank now owns 112,000 shares of the technology company’s stock valued at $2,100,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Rapid7 by 1.8% in the 4th quarter. Russell Investments Group Ltd. now owns 124,134 shares of the technology company’s stock valued at $1,887,000 after purchasing an additional 2,150 shares during the last quarter. 95.66% of the stock is currently owned by hedge funds and other institutional investors.

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.