Rapid7 (NASDAQ:RPD) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Rapid7, Inc. (NASDAQ:RPD)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.42 and traded as low as $6.10. Rapid7 shares last traded at $6.26, with a volume of 1,861,180 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. UBS Group reiterated a “neutral” rating and set a $9.00 target price on shares of Rapid7 in a research note on Wednesday, February 11th. Royal Bank Of Canada lowered their price target on shares of Rapid7 from $16.00 to $12.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 11th. Stephens cut their target price on Rapid7 from $19.00 to $12.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Berenberg Bank started coverage on shares of Rapid7 in a research note on Tuesday, November 18th. They issued a “hold” rating and a $16.00 price target on the stock. Finally, Citigroup lowered their price objective on shares of Rapid7 from $15.00 to $11.50 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Two investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Rapid7 presently has an average rating of “Reduce” and a consensus target price of $12.53.

Rapid7 Price Performance

The stock’s fifty day simple moving average is $11.07 and its 200-day simple moving average is $15.42. The company has a market capitalization of $440.80 million, a P/E ratio of 18.58 and a beta of 0.88. The company has a debt-to-equity ratio of 5.77, a current ratio of 1.28 and a quick ratio of 1.28.

Rapid7 (NASDAQ:RPD) last released its 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. The business had revenue of $217.39 million during the quarter, compared to analysts’ expectations of $215.17 million. Rapid7 had a net margin of 2.72% and a return on equity of 47.33%. The firm’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the company earned $0.48 earnings per share. 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 forecast that Rapid7, Inc. will post 0.35 earnings per share for the current fiscal year.

Institutional Trading of Rapid7

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in Rapid7 by 26.8% during the 1st quarter. Royal Bank of Canada now owns 326,910 shares of the technology company’s stock worth $8,667,000 after acquiring an additional 69,122 shares during the period. AQR Capital Management LLC bought a new position in shares of Rapid7 in the first quarter valued at approximately $424,000. Woodline Partners LP boosted its holdings in Rapid7 by 48.0% during the 1st quarter. Woodline Partners LP now owns 86,712 shares of the technology company’s stock worth $2,299,000 after acquiring an additional 28,115 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of Rapid7 by 1.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 54,981 shares of the technology company’s stock worth $1,272,000 after buying an additional 890 shares in the last quarter. Finally, Cetera Trust Company N.A grew its position in Rapid7 by 34.6% during the second quarter. Cetera Trust Company N.A now owns 4,730 shares of the technology company’s stock valued at $109,000 after buying an additional 1,215 shares during the period. 95.66% of the stock is owned by institutional investors and hedge funds.

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.