Rapid7, Inc. (NASDAQ:RPD) Given Average Rating of “Reduce” by Brokerages

Shares of Rapid7, Inc. (NASDAQ:RPD) have received a consensus recommendation of “Reduce” from the twenty-two analysts that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, seventeen have given a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $12.5263.

RPD has been the subject of a number of research analyst reports. Citigroup reduced their price target on shares of Rapid7 from $15.00 to $11.50 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Stephens lowered their price objective on shares of Rapid7 from $19.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. DA Davidson dropped their target price on Rapid7 from $14.00 to $6.50 and set an “underperform” rating on the stock in a report on Wednesday, February 11th. Mizuho cut their target price on Rapid7 from $16.00 to $12.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Finally, Stifel Nicolaus decreased their price target on Rapid7 from $18.00 to $9.00 and set a “hold” rating for the company in a research note on Wednesday, February 11th.

Rapid7 Stock Up 1.8%

Shares of Rapid7 stock opened at $5.70 on Friday. 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 has a 1-year low of $5.47 and a 1-year high of $29.43. The business’s fifty day moving average price is $8.48 and its two-hundred day moving average price is $13.88. The company has a market capitalization of $375.57 million, a P/E ratio of 15.83 and a beta of 0.88.

Rapid7 (NASDAQ:RPD) last issued its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. The company had revenue of $217.39 million for the quarter, compared to analyst estimates of $215.17 million. Rapid7 had a return on equity of 47.33% and a net margin of 2.72%.The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period 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. As a group, research analysts forecast that Rapid7 will post 0.35 EPS for the current year.

Institutional Investors Weigh In On Rapid7

A number of institutional investors and hedge funds have recently bought and sold shares of RPD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Rapid7 by 114.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,136,438 shares of the technology company’s stock worth $49,409,000 after purchasing an additional 1,142,148 shares during the last quarter. LSV Asset Management bought a new stake in Rapid7 during the third quarter worth approximately $14,719,000. JANA Partners Management LP grew its position in Rapid7 by 13.5% in 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 during the last quarter. First Trust Advisors LP grew its position in Rapid7 by 48.3% in the fourth quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock worth $35,356,000 after buying an additional 758,009 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Rapid7 by 7.6% in the fourth quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock valued at $140,961,000 after buying an additional 653,498 shares in the last quarter. 95.66% of the stock is owned by institutional investors and hedge funds.

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.