Rapid7 (NASDAQ:RPD) Issues FY 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.520-1.600 for the period, compared to the consensus EPS estimate of 1.370. The company issued revenue guidance of $836.0 million-$842.0 million, compared to the consensus revenue estimate of $838.8 million. Rapid7 also updated its Q2 2026 guidance to 0.330-0.360 EPS.

Rapid7 Stock Up 6.2%

Shares of NASDAQ:RPD opened at $6.73 on Wednesday. The firm has a market capitalization of $449.77 million, a P/E ratio of 19.23 and a beta of 1.03. 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 stock has a 50 day moving average price of $6.73 and a 200-day moving average price of $9.09. Rapid7 has a 52-week low of $4.97 and a 52-week high of $25.85.

Rapid7 (NASDAQ:RPD) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.30 by $0.06. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The firm had revenue of $209.69 million during the quarter, compared to analyst estimates of $207.94 million. During the same quarter in the prior year, the firm earned $0.49 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. As a group, equities research analysts anticipate that Rapid7 will post 0.63 EPS for the current fiscal year.

Analysts Set New Price Targets

RPD has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their price objective on Rapid7 from $11.00 to $7.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Canaccord Genuity Group cut their target price on Rapid7 from $10.00 to $7.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. DA Davidson increased their price target on Rapid7 from $5.25 to $6.50 and gave the company an “underperform” rating in a report on Tuesday, June 2nd. Stifel Nicolaus lowered their price target on Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Finally, Truist Financial cut their price objective on shares of Rapid7 from $8.00 to $6.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. One analyst has rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $8.71.

Institutional Trading of Rapid7

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Prudential Financial Inc. increased its stake in Rapid7 by 8.8% during the second quarter. Prudential Financial Inc. now owns 8,513 shares of the technology company’s stock worth $197,000 after acquiring an additional 690 shares during the last quarter. Parallel Advisors LLC grew its holdings 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 worth $46,000 after purchasing an additional 1,364 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Rapid7 during the 2nd quarter worth about $44,000. Swiss National Bank boosted its holdings in Rapid7 by 1.8% in the third quarter. Swiss National Bank now owns 112,000 shares of the technology company’s stock valued at $2,100,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Rapid7 by 1.8% in the fourth quarter. Russell Investments Group Ltd. now owns 124,134 shares of the technology company’s stock valued at $1,887,000 after purchasing an additional 2,150 shares during 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.