Rapid7 (NASDAQ:RPD) Updates Q2 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.330-0.360 for the period, compared to the consensus earnings per share estimate of 0.320. The company issued revenue guidance of $207.0 million-$209.0 million, compared to the consensus revenue estimate of $208.7 million. Rapid7 also updated its FY 2026 guidance to 1.520-1.600 EPS.

Rapid7 Trading Up 2.9%

RPD traded up $0.19 on Tuesday, hitting $6.68. 2,836,830 shares of the company were exchanged, compared to its average volume of 1,948,481. Rapid7 has a 12 month low of $4.97 and a 12 month high of $27.10. The stock has a market capitalization of $446.04 million, a PE ratio of 18.56 and a beta of 0.89. The company has a debt-to-equity ratio of 5.77, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a fifty day simple moving average of $6.02 and a two-hundred day simple moving average of $11.40.

Rapid7 (NASDAQ:RPD) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.30 by $0.06. The business had revenue of $209.69 million for the quarter, compared to analyst estimates of $207.95 million. Rapid7 had a net margin of 2.72% and a return on equity of 47.33%. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. Sell-side analysts expect that Rapid7 will post 0.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

RPD has been the topic of a number of recent research reports. Barclays decreased their price target on shares of Rapid7 from $15.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 12th. Susquehanna set a $8.00 target price on shares of Rapid7 in a report on Thursday, February 12th. UBS Group reiterated a “neutral” rating and set a $9.00 target price on shares of Rapid7 in a report on Wednesday, February 11th. Wall Street Zen cut shares of Rapid7 from a “buy” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, Stephens reduced their price objective on Rapid7 from $19.00 to $12.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $12.21.

Hedge Funds Weigh In On Rapid7

Hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Rapid7 by 114.9% during the second 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 period. First Trust Advisors LP boosted its stake in shares of Rapid7 by 48.3% in the fourth quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after buying an additional 758,009 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Rapid7 by 60.9% in the third quarter. Marshall Wace LLP now owns 1,139,273 shares of the technology company’s stock valued at $21,361,000 after buying an additional 431,195 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in shares of Rapid7 by 81.0% in the third quarter. CANADA LIFE ASSURANCE Co now owns 701,200 shares of the technology company’s stock valued at $13,624,000 after buying an additional 313,717 shares in the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in shares of Rapid7 by 27.9% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,193,516 shares of the technology company’s stock worth $18,141,000 after purchasing an additional 260,168 shares in the last quarter. 95.66% of the stock is currently owned by hedge funds and other institutional investors.

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.