Rapid7 (NASDAQ:RPD) Posts Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Rapid7 (NASDAQ:RPD) released its quarterly earnings data on Monday. The technology company reported $0.44 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $208.23 million. Rapid7 updated its Q3 2026 guidance to 0.440-0.470 EPS.

Rapid7 Trading Up 0.3%

Shares of RPD stock traded up $0.04 during trading hours on Monday, hitting $11.61. 3,256,918 shares of the company were exchanged, compared to its average volume of 2,136,736. Rapid7 has a 1 year low of $4.97 and a 1 year high of $21.78. The firm has a fifty day moving average of $9.18 and a 200 day moving average of $7.96. The firm has a market cap of $775.90 million, a PE ratio of 33.17 and a beta of 0.97. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.69.

Institutional Trading of Rapid7

Several institutional investors have recently made changes to their positions in RPD. Invesco Ltd. boosted its holdings in Rapid7 by 41.3% in the fourth quarter. Invesco Ltd. now owns 116,097 shares of the technology company’s stock valued at $1,765,000 after acquiring an additional 33,952 shares during the last quarter. State of Tennessee Department of Treasury purchased a new stake in shares of Rapid7 during the 4th quarter worth about $217,000. Mackenzie Financial Corp increased its position in Rapid7 by 11.4% during the 4th quarter. Mackenzie Financial Corp now owns 75,679 shares of the technology company’s stock worth $1,180,000 after purchasing an additional 7,742 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in Rapid7 during the fourth quarter valued at approximately $276,000. Finally, VARCOV Co. purchased a new stake in Rapid7 during the fourth quarter worth approximately $1,118,000. 95.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

RPD has been the subject of a number of recent research reports. Stifel Nicolaus dropped their price objective on shares of Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Canaccord Genuity Group cut their price target on Rapid7 from $10.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Piper Sandler decreased their price objective on 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. cut their target price on shares of Rapid7 from $11.00 to $7.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Finally, Barclays decreased their price target on shares of Rapid7 from $8.00 to $6.50 and set an “underweight” rating on the stock in a research note on Thursday, May 7th. Seventeen analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $9.03.

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.