Rapid7 (NASDAQ:RPD) Releases Q3 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) updated its third quarter 2026 earnings guidance on Monday. The company provided EPS guidance of 0.440-0.470 for the period, compared to the consensus earnings per share estimate of 0.380. The company issued revenue guidance of $208.0 million-$210.0 million, compared to the consensus revenue estimate of $210.5 million.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Jefferies Financial Group restated a “hold” rating and set a $12.00 price objective on shares of Rapid7 in a research note on Tuesday. Piper Sandler reduced their price objective on shares of Rapid7 from $10.00 to $8.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. JPMorgan Chase & Co. decreased their target price on shares of Rapid7 from $11.00 to $7.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $11.00 price target on shares of Rapid7 in a report on Thursday, July 16th. Finally, Canaccord Genuity Group decreased their price objective on shares of Rapid7 from $10.00 to $7.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Sixteen research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Rapid7 has an average rating of “Reduce” and a consensus price target of $9.18.

Rapid7 Trading Up 0.3%

Shares of NASDAQ RPD opened at $11.61 on Tuesday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.78 and a current ratio of 0.78. Rapid7 has a 52-week low of $4.97 and a 52-week high of $21.78. The firm has a 50 day moving average price of $9.24 and a two-hundred day moving average price of $7.95. The stock has a market cap of $775.90 million, a P/E ratio of 33.17 and a beta of 0.97.

Rapid7 (NASDAQ:RPD) last issued its quarterly earnings results on Monday, August 10th. The technology company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The company had revenue of $210.88 million for the quarter, compared to analyst estimates of $208.23 million. During the same quarter in the previous year, the business earned $0.58 earnings per share. Rapid7’s revenue was down 1.5% compared to the same quarter last year. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. As a group, equities analysts forecast that Rapid7 will post 0.63 EPS for the current year.

Trending Headlines about Rapid7

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Rapid7 reported adjusted Q2 earnings of $0.44 per share, beating the $0.35 analyst consensus by $0.09. Revenue was $210.9 million, slightly above the $208.2 million estimate. Rapid7 Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management issued third-quarter adjusted EPS guidance of $0.44 to $0.47, well above the $0.38 consensus estimate. This suggests profitability may remain stronger than analysts had expected. Rapid7 Earnings Report
• Positive Sentiment: Rapid7 ended the quarter with approximately $425.6 million in cash and equivalents, providing financial flexibility despite softer operating cash flow.
• Neutral Sentiment: Third-quarter revenue guidance of $208 million to $210 million was broadly in line with, but slightly below, the $210.5 million consensus estimate. Rapid7 Q2 2026 Earnings Call Transcript
• Negative Sentiment: Revenue declined approximately 1.5% year over year, while reported year-over-year EPS also fell from $0.58. Operating cash flow decreased to $37.0 million, indicating continued pressure on growth and cash generation. Rapid7 Stock Rises on Q2 Earnings
• Negative Sentiment: Recent analyst price targets cited by Quiver had a median of $7, below the current trading level, while insider activity consisted of sales rather than purchases. These factors could limit upside if growth remains subdued.

Hedge Funds Weigh In On Rapid7

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new stake in Rapid7 during the 2nd quarter valued at approximately $44,000. Parallel Advisors LLC boosted its stake in shares of Rapid7 by 81.6% in 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 acquired a new stake in shares of Rapid7 during the fourth quarter worth $71,000. Advisors Asset Management Inc. acquired a new stake in shares of Rapid7 during the fourth quarter worth $79,000. Finally, Marex Group plc bought a new position in Rapid7 during the fourth quarter worth $162,000. 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.