Stephens Raises Rapid7 (NASDAQ:RPD) Price Target to $12.00

Rapid7 (NASDAQ:RPD) had its price target lifted by equities researchers at Stephens from $10.00 to $12.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the technology company’s stock. Stephens’ price objective suggests a potential downside of 11.47% from the company’s current price.

RPD has been the subject of several other research reports. Piper Sandler restated a “neutral” rating and issued a $12.00 price objective (up from $8.00) on shares of Rapid7 in a research report on Tuesday. Canaccord Genuity Group dropped their price objective on shares of Rapid7 from $10.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Wall Street Zen downgraded Rapid7 from a “buy” rating to a “hold” rating in a report on Tuesday, April 14th. Robert W. Baird lifted their target price on Rapid7 from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Stifel Nicolaus lowered their price objective on Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Seventeen analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $9.79.

Rapid7 Stock Up 16.8%

NASDAQ RPD opened at $13.55 on Tuesday. The firm has a 50-day simple moving average of $9.24 and a 200 day simple moving average of $7.95. 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 market cap of $905.88 million, a PE ratio of 38.85 and a beta of 0.97. Rapid7 has a twelve month low of $4.97 and a twelve month high of $21.78.

Rapid7 (NASDAQ:RPD) last issued its earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. Rapid7 had a return on equity of 34.35% and a net margin of 2.61%.The business had revenue of $210.88 million during the quarter, compared to analysts’ expectations of $208.23 million. During the same period in the prior year, the firm posted $0.58 EPS. Rapid7’s quarterly 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, research analysts forecast that Rapid7 will post 0.63 EPS for the current year.

Institutional Investors Weigh In On Rapid7

Several hedge funds have recently bought and sold shares of RPD. Parallel Advisors LLC boosted its position in shares of Rapid7 by 108.8% during the first quarter. Parallel Advisors LLC now owns 6,340 shares of the technology company’s stock worth $35,000 after purchasing an additional 3,304 shares in the last quarter. Headlands Technologies LLC bought a new position in Rapid7 during the second quarter worth about $44,000. GAMMA Investing LLC grew its stake in Rapid7 by 20.6% in the second quarter. GAMMA Investing LLC now owns 5,866 shares of the technology company’s stock valued at $48,000 after acquiring an additional 1,000 shares during the period. KBC Group NV increased its holdings in shares of Rapid7 by 124.0% in the fourth quarter. KBC Group NV now owns 3,310 shares of the technology company’s stock worth $50,000 after acquiring an additional 1,832 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Rapid7 during the fourth quarter worth about $71,000. 95.66% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Rapid7

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.