Q1 Earnings Forecast for Rapid7 Issued By KeyCorp

Rapid7, Inc. (NASDAQ:RPD) – Equities researchers at KeyCorp issued their Q1 2025 EPS estimates for Rapid7 in a research note issued to investors on Thursday, December 19th. KeyCorp analyst E. Heath forecasts that the technology company will earn $0.24 per share for the quarter. The consensus estimate for Rapid7’s current full-year earnings is $0.98 per share. KeyCorp also issued estimates for Rapid7’s Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.34 EPS and Q4 2025 earnings at $0.23 EPS.

Several other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Rapid7 from $40.00 to $42.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Piper Sandler reduced their price target on Rapid7 from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. UBS Group decreased their price target on Rapid7 from $59.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Royal Bank of Canada downgraded Rapid7 from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $50.00 to $40.00 in a research note on Friday, September 20th. Finally, StockNews.com raised Rapid7 from a “hold” rating to a “buy” rating in a research report on Friday, December 6th. Fourteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $44.59.

Rapid7 Stock Down 2.2 %

RPD stock opened at $39.36 on Monday. The firm has a 50 day moving average of $40.89 and a two-hundred day moving average of $38.94. Rapid7 has a 12 month low of $32.94 and a 12 month high of $61.88. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 62.48 and a beta of 0.95.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Wednesday, November 6th. The technology company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.52 by $0.14. The business had revenue of $214.65 million during the quarter, compared to analysts’ expectations of $210.04 million. Rapid7 had a negative return on equity of 128.95% and a net margin of 5.65%. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 EPS.

Insider Buying and Selling

In other Rapid7 news, Director Reeny Sondhi sold 3,663 shares of Rapid7 stock in a transaction on Monday, September 30th. The shares were sold at an average price of $40.00, for a total transaction of $146,520.00. Following the sale, the director now owns 17,460 shares in the company, valued at $698,400. The trade was a 17.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Rapid7

Several large investors have recently modified their holdings of RPD. Point72 Asset Management L.P. grew its holdings in shares of Rapid7 by 252.0% in the 2nd quarter. Point72 Asset Management L.P. now owns 3,799,119 shares of the technology company’s stock worth $164,236,000 after purchasing an additional 2,719,791 shares during the last quarter. Geode Capital Management LLC grew its position in Rapid7 by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,462,007 shares of the technology company’s stock worth $58,330,000 after acquiring an additional 15,287 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Rapid7 by 1.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 511,088 shares of the technology company’s stock valued at $20,387,000 after purchasing an additional 9,190 shares in the last quarter. Fred Alger Management LLC raised its position in Rapid7 by 0.3% in the 2nd quarter. Fred Alger Management LLC now owns 494,509 shares of the technology company’s stock valued at $21,378,000 after purchasing an additional 1,297 shares during the last quarter. Finally, Thematics Asset Management boosted its stake in Rapid7 by 33.0% in the third quarter. Thematics Asset Management now owns 399,000 shares of the technology company’s stock worth $15,916,000 after purchasing an additional 99,000 shares in the last quarter. 95.66% of the stock is currently owned by institutional investors.

About Rapid7

Rapid7, Inc provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brand names. The company offers endpoint to cloud data collection and sharing applications, such as Rapid7 Insight Agent, a software-based agent that is used on assets across on-premises and cloud environments to centralize and monitor data on company's platform; Rapid7 Insight Network Sensor that analyzes raw end-to-end network traffic to increase visibility into user activity, pinpoint real threats, and investigations; Rapid7 Cloud Event Data Harvesting that offers visibility into changes made to cloud resources; and third-party integrations and ecosystem, as well as orchestration and automation solutions.