Rapid7 (NASDAQ:RPD) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Rapid7 (NASDAQ:RPD) from a hold rating to a buy rating in a report issued on Saturday.

Several other research firms also recently weighed in on RPD. Stifel Nicolaus cut their price target on Rapid7 from $18.00 to $9.00 and set a “hold” rating on the stock in a research note on Wednesday, February 11th. Stephens dropped their target price on Rapid7 from $19.00 to $12.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Citigroup reduced their price target on Rapid7 from $15.00 to $11.50 and set a “neutral” rating for the company in a report on Thursday, February 12th. Zacks Research lowered Rapid7 from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Finally, DA Davidson dropped their price target on shares of Rapid7 from $14.00 to $6.50 and set an “underperform” rating on the stock in a research note on Wednesday, February 11th. Two equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $12.53.

Rapid7 Stock Performance

Shares of Rapid7 stock opened at $6.33 on Friday. Rapid7 has a 12 month low of $5.92 and a 12 month high of $30.95. The firm has a market capitalization of $417.08 million, a P/E ratio of 17.58 and a beta of 0.89. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 5.77. The business has a fifty day simple moving average of $8.95 and a two-hundred day simple moving average of $14.10.

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

Institutional Investors Weigh In On Rapid7

Several large investors have recently bought and sold shares of the business. Headlands Technologies LLC bought a new position in Rapid7 during the 2nd quarter valued at about $44,000. CI Investments Inc. grew its stake in shares of Rapid7 by 48.4% in the third 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 period. Abich Financial Wealth Management LLC purchased a new position in shares of Rapid7 during the third quarter valued at approximately $44,000. Sound Income Strategies LLC purchased a new position in shares of Rapid7 during the fourth quarter valued at approximately $40,000. Finally, State of Alaska Department of Revenue bought a new position in Rapid7 during the third quarter valued at approximately $53,000. 95.66% of the stock is currently owned by 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.