Rapid7 (NASDAQ:RPD) Issues Earnings Results

Rapid7 (NASDAQ:RPD) announced its quarterly earnings data on Monday. The technology company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.09, FiscalAI reports. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The business had revenue of $210.88 million during the quarter, compared to analyst estimates of $208.23 million. Rapid7 updated its Q3 2026 guidance to 0.440-0.470 EPS.

Rapid7 Price Performance

Shares of NASDAQ:RPD traded up $0.04 on Monday, reaching $11.61. The company’s stock had a trading volume of 3,277,345 shares, compared to its average volume of 2,136,736. The company has a 50-day simple moving average of $9.18 and a 200 day simple moving average of $7.96. Rapid7 has a 52-week low of $4.97 and a 52-week high of $21.78. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market cap of $775.90 million, a P/E ratio of 33.17 and a beta of 0.97.

Analyst Ratings Changes

A number of analysts have issued reports on RPD shares. DA Davidson lifted their price target on shares of Rapid7 from $5.25 to $6.50 and gave the company an “underperform” rating in a report on Tuesday, June 2nd. Wall Street Zen downgraded shares of Rapid7 from a “buy” rating to a “hold” rating in a report on Tuesday, April 14th. Canaccord Genuity Group cut their price objective on Rapid7 from $10.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. JPMorgan Chase & Co. reduced their target price on Rapid7 from $11.00 to $7.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Truist Financial increased their price target on Rapid7 from $6.00 to $10.00 and gave the company a “hold” rating in a research note on Tuesday, July 21st. Seventeen analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $9.03.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Headlands Technologies LLC purchased a new stake in Rapid7 during the second quarter valued at approximately $44,000. Parallel Advisors LLC increased its position in shares of Rapid7 by 81.6% during 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. Los Angeles Capital Management LLC bought a new position in shares of Rapid7 during the 4th quarter valued at approximately $71,000. Advisors Asset Management Inc. purchased a new stake in Rapid7 during the 4th quarter valued at $79,000. Finally, Marex Group plc bought a new stake in Rapid7 in the fourth quarter worth $162,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

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.