Rapid7 (NASDAQ:RPD) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Rapid7, Inc. (NASDAQ:RPD)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.78 and traded as low as $6.59. Rapid7 shares last traded at $6.82, with a volume of 1,534,557 shares traded.

Analyst Upgrades and Downgrades

RPD has been the topic of a number of recent analyst reports. DA Davidson lowered their price objective on Rapid7 from $14.00 to $6.50 and set an “underperform” rating on the stock in a research report on Wednesday, February 11th. UBS Group restated a “neutral” rating and issued a $9.00 target price on shares of Rapid7 in a research note on Wednesday, February 11th. Barclays lowered their price target on Rapid7 from $15.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 12th. Wall Street Zen downgraded Rapid7 from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th. Finally, Jefferies Financial Group set a $9.00 price objective on Rapid7 in a report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $12.53.

Rapid7 Price Performance

The company has a market capitalization of $449.37 million, a PE ratio of 18.94 and a beta of 0.88. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 5.77. The firm’s 50-day moving average is $9.90 and its 200-day moving average is $14.78.

Rapid7 (NASDAQ:RPD) last released its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Rapid7 had a return on equity of 47.33% and a net margin of 2.72%.The business had revenue of $217.39 million for the quarter, compared to the consensus estimate of $215.17 million. During the same quarter last year, the business posted $0.48 earnings per share. The company’s revenue for the quarter was up .5% on a year-over-year basis. Rapid7 has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.290-0.320 EPS. Equities analysts predict that Rapid7, Inc. will post 0.35 earnings per share for the current fiscal year.

Institutional Trading of Rapid7

A number of hedge funds have recently bought and sold shares of the company. Sound Income Strategies LLC bought a new position in Rapid7 during the fourth quarter valued at approximately $40,000. CI Investments Inc. lifted its holdings in shares of Rapid7 by 48.4% in the 3rd quarter. CI Investments Inc. now owns 2,281 shares of the technology company’s stock worth $43,000 after acquiring an additional 744 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in shares of Rapid7 in the 3rd quarter worth approximately $44,000. Headlands Technologies LLC purchased a new stake in shares of Rapid7 in the 2nd quarter valued at $44,000. Finally, Parallel Advisors LLC boosted its stake in shares of Rapid7 by 81.6% in the 4th quarter. Parallel Advisors LLC now owns 3,036 shares of the technology company’s stock valued at $46,000 after purchasing an additional 1,364 shares in the last quarter. Institutional investors own 95.66% of the company’s stock.

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.