Rapid7 (NASDAQ:RPD) Price Target Raised to $12.00

Rapid7 (NASDAQ:RPD) had its target price boosted by JPMorgan Chase & Co. from $7.00 to $12.00 in a report published on Tuesday,Benzinga reports. They currently have a neutral rating on the technology company’s stock.

A number of other research firms have also weighed in on RPD. Stephens reissued a “positive” rating on shares of Rapid7 in a research note on Tuesday. Canaccord Genuity Group dropped their target price on Rapid7 from $10.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Stifel Nicolaus raised their target price on Rapid7 from $7.00 to $13.00 and gave the stock a “hold” rating in a research note on Tuesday. Scotiabank upped their price objective on shares of Rapid7 from $7.00 to $10.15 and gave the company a “sector perform” rating in a report on Tuesday. Finally, Truist Financial lifted their target price on shares of Rapid7 from $6.00 to $10.00 and gave the stock a “hold” rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $11.98.

Rapid7 Stock Up 12.3%

RPD stock opened at $13.78 on Tuesday. The company has a market cap of $928.77 million, a price-to-earnings ratio of 44.45 and a beta of 0.97. 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 has a 12 month low of $4.97 and a 12 month high of $21.78. The firm has a 50-day moving average of $9.55 and a two-hundred day moving average of $7.96.

Rapid7 (NASDAQ:RPD) last issued its earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.09. The business had revenue of $210.88 million for the quarter, compared to analysts’ expectations of $208.23 million. Rapid7 had a return on equity of 29.93% and a net margin of 2.35%.The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.58 EPS. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. As a group, analysts forecast that Rapid7 will post 0.67 earnings per share for the current fiscal year.

Institutional Trading of Rapid7

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Parallel Advisors LLC raised its holdings in Rapid7 by 108.8% in the 1st quarter. Parallel Advisors LLC now owns 6,340 shares of the technology company’s stock valued at $35,000 after buying an additional 3,304 shares during the period. Allworth Financial LP purchased a new position in Rapid7 during the second quarter worth about $42,000. Headlands Technologies LLC purchased a new position in Rapid7 during the second quarter worth about $44,000. GAMMA Investing LLC increased its position in shares of Rapid7 by 20.6% during the second quarter. GAMMA Investing LLC now owns 5,866 shares of the technology company’s stock valued at $48,000 after acquiring an additional 1,000 shares during the last quarter. Finally, KBC Group NV increased its position in shares of Rapid7 by 124.0% during the fourth quarter. KBC Group NV now owns 3,310 shares of the technology company’s stock valued at $50,000 after acquiring an additional 1,832 shares during the last quarter. 95.66% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Rapid7

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Quarterly earnings beat expectations: Rapid7 reported adjusted earnings of $0.44 per share versus the $0.35 consensus estimate, while revenue of $210.88 million also exceeded expectations. Management’s third-quarter earnings guidance of $0.44–$0.47 per share provides additional support, although revenue declined 1.5% year over year. Rapid7 Q2 2026 earnings
• Positive Sentiment: Analysts see potential upside: Robert W. Baird and JPMorgan published forecasts calling for strong price appreciation in Rapid7 shares, while Stephens raised its price target to $12. These actions indicate improving sentiment around the cybersecurity company’s earnings and strategy. Baird Rapid7 forecast JPMorgan Rapid7 forecast Stephens raises Rapid7 price target
• Positive Sentiment: AI governance research reinforces market opportunity: Rapid7 and Omdia found that executive security leaders are 1.6 times more likely than operational security managers to express high concern about how AI vendors handle company security data. The findings could support demand for AI-powered security monitoring, governance and compliance solutions. Rapid7-Omdia AI governance research
• Neutral Sentiment: Restructuring could improve focus but carries execution risk: Rapid7 announced a 2026 restructuring intended to refocus the business on its core platform. The strategy may improve efficiency and sharpen product priorities, but restructuring costs and disruption could weigh on near-term results. Rapid7 announces 2026 restructuring
• Negative Sentiment: Analyst views remain divided: Conflicting recommendations suggest that investors do not have a clear consensus on Rapid7’s valuation or outlook. Stephens’ $12 target is also below the recently cited trading level, limiting the immediate upside implied by that target. Analyst sentiment on Rapid7
• Negative Sentiment: Recent volatility highlights valuation risk: Rapid7 shares previously fell sharply despite the earnings beat, and revenue remains below the prior-year level. Investors may continue to focus on growth durability, leverage and whether the restructuring can produce sustained profitability. Rapid7 share decline and GF Score analysis

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.