Rapid7, Inc. (NASDAQ:RPD) Receives Consensus Recommendation of “Reduce” from Analysts

Rapid7, Inc. (NASDAQ:RPD) has received a consensus recommendation of “Reduce” from the twenty-two brokerages that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seventeen have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $12.3158.

Several analysts recently weighed in on the company. Jefferies Financial Group set a $9.00 target price on Rapid7 in a research note on Wednesday, February 11th. DA Davidson decreased their target price on Rapid7 from $14.00 to $6.50 and set an “underperform” rating for the company in a research note on Wednesday, February 11th. Scotiabank decreased their target price on Rapid7 from $18.00 to $9.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 11th. Canaccord Genuity Group set a $10.00 target price on Rapid7 and gave the company a “hold” rating in a research note on Wednesday, February 11th. Finally, Stifel Nicolaus cut their price target on Rapid7 from $18.00 to $9.00 and set a “hold” rating for the company in a report on Wednesday, February 11th.

Rapid7 Stock Performance

NASDAQ:RPD traded up $0.62 during mid-day trading on Tuesday, hitting $6.45. 293,391 shares of the company’s stock traded hands, compared to its average volume of 1,906,466. The firm has a 50 day moving average of $6.27 and a two-hundred day moving average of $12.11. Rapid7 has a 12 month low of $4.97 and a 12 month high of $27.10. The firm has a market capitalization of $424.66 million, a price-to-earnings ratio of 17.99 and a beta of 0.90. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 5.77.

Rapid7 (NASDAQ:RPD) last announced 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. Rapid7 had a return on equity of 47.33% and a net margin of 2.72%.The firm had revenue of $217.39 million during the quarter, compared to the consensus estimate of $215.17 million. During the same quarter in the prior year, the company earned $0.48 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. 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 will post 0.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rapid7

Several large investors have recently added to or reduced their stakes in RPD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 valued at $49,409,000 after acquiring an additional 1,142,148 shares in the last quarter. LSV Asset Management acquired a new position in Rapid7 in the 3rd quarter valued at approximately $14,719,000. JANA Partners Management LP raised its holdings in Rapid7 by 13.5% in the 3rd quarter. JANA Partners Management LP now owns 6,502,108 shares of the technology company’s stock valued at $121,915,000 after acquiring an additional 772,194 shares in the last quarter. First Trust Advisors LP raised its holdings in Rapid7 by 48.3% in the 4th quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after acquiring an additional 758,009 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Rapid7 by 7.6% in the 4th quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock valued at $140,961,000 after acquiring an additional 653,498 shares in the last quarter. Institutional investors and hedge funds own 95.66% of the company’s stock.

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.