Rapid7 (NASDAQ:RPD) Price Target Raised to $10.00

Rapid7 (NASDAQ:RPD) had its price target increased by investment analysts at Robert W. Baird from $8.00 to $10.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. Robert W. Baird’s price target suggests a potential downside of 13.87% from the stock’s previous close.

Other research analysts have also issued reports about the company. Morgan Stanley lowered Rapid7 from an “equal weight” rating to an “underweight” rating and set a $9.00 target price on the stock. in a research report on Tuesday, July 21st. Jefferies Financial Group reaffirmed a “hold” rating and issued a $12.00 price objective on shares of Rapid7 in a research note on Tuesday. Weiss Ratings reissued a “sell (d)” rating on shares of Rapid7 in a research note on Wednesday, June 24th. Wall Street Zen cut Rapid7 from a “buy” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, DA Davidson lifted their price objective on Rapid7 from $5.25 to $6.50 and gave the company an “underperform” rating in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Rapid7 presently has an average rating of “Reduce” and an average price target of $9.58.

Rapid7 Stock Performance

Rapid7 stock opened at $11.61 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.69. The stock has a 50 day moving average of $9.24 and a 200-day moving average of $7.95. Rapid7 has a 52 week low of $4.97 and a 52 week high of $21.78. 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 announced its quarterly earnings results on Monday, August 10th. The technology company reported $0.44 EPS for the quarter, beating the consensus estimate 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 last 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. On average, analysts expect that Rapid7 will post 0.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pacer Advisors Inc. increased its position in Rapid7 by 24.3% during the first quarter. Pacer Advisors Inc. now owns 469,912 shares of the technology company’s stock worth $2,589,000 after purchasing an additional 91,905 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in Rapid7 by 274.1% in the 4th quarter. Hsbc Holdings PLC now owns 159,688 shares of the technology company’s stock valued at $2,446,000 after purchasing an additional 117,000 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Rapid7 in the 1st quarter valued at about $1,048,000. SG Americas Securities LLC grew its stake in shares of Rapid7 by 32.4% in the 1st quarter. SG Americas Securities LLC now owns 817,649 shares of the technology company’s stock valued at $4,505,000 after buying an additional 200,033 shares during the period. Finally, Circumference Group LLC purchased a new stake in shares of Rapid7 in the 4th quarter valued at approximately $3,800,000. Institutional investors own 95.66% of the company’s stock.

Rapid7 News Roundup

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Adjusted earnings beat estimates: Rapid7 reported adjusted EPS of $0.44, above the $0.35 analyst consensus, while revenue of $210.9 million modestly exceeded the $208.2 million estimate. Rapid7 Q2 Earnings Snapshot
• Positive Sentiment: Profit outlook topped expectations: Rapid7 guided for third-quarter adjusted EPS of $0.44-$0.47, well above the $0.38 consensus estimate. The company expects third-quarter revenue of $208 million-$210 million, broadly near analysts’ forecast. Rapid7 Q2 Results
• Positive Sentiment: Balance sheet remains a support: Rapid7 ended the quarter with approximately $425.6 million in cash and equivalents, providing resources to fund operations and its transformation efforts. Rapid7 Announces Second Quarter 2026 Financial Results

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.