Research Analysts Offer Predictions for Rapid7 Q1 Earnings

Rapid7, Inc. (NASDAQ:RPD) – DA Davidson issued their Q1 2025 earnings per share estimates for shares of Rapid7 in a research note issued to investors on Thursday, February 13th. DA Davidson analyst R. Kessinger expects that the technology company will earn ($0.01) per share for the quarter. DA Davidson has a “Neutral” rating and a $39.00 price target on the stock. The consensus estimate for Rapid7’s current full-year earnings is $0.98 per share. DA Davidson also issued estimates for Rapid7’s FY2025 earnings at $0.36 EPS and FY2026 earnings at $0.60 EPS.

RPD has been the topic of several other research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Rapid7 in a research note on Thursday. Truist Financial lowered their price target on shares of Rapid7 from $38.00 to $35.00 and set a “hold” rating on the stock in a research report on Thursday. Stifel Nicolaus cut their price objective on shares of Rapid7 from $42.00 to $38.00 and set a “hold” rating for the company in a report on Thursday. Robert W. Baird lowered their target price on Rapid7 from $43.00 to $39.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. dropped their price target on Rapid7 from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, February 11th. Sixteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $41.22.

Rapid7 Price Performance

Shares of Rapid7 stock opened at $35.55 on Monday. The business has a 50 day simple moving average of $39.23 and a two-hundred day simple moving average of $38.81. The stock has a market capitalization of $2.25 billion, a P/E ratio of 56.43 and a beta of 0.96. Rapid7 has a 12 month low of $32.94 and a 12 month high of $61.79.

Rapid7 (NASDAQ:RPD) last issued its quarterly earnings results on Wednesday, February 12th. The technology company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.38). Rapid7 had a negative return on equity of 128.95% and a net margin of 5.65%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC grew its holdings in shares of Rapid7 by 3,888.2% during the third quarter. International Assets Investment Management LLC now owns 678 shares of the technology company’s stock worth $27,000 after buying an additional 661 shares during the last quarter. Skandinaviska Enskilda Banken AB publ lifted its position in Rapid7 by 68.8% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 1,116 shares of the technology company’s stock worth $46,000 after acquiring an additional 455 shares during the period. Pacer Advisors Inc. grew its stake in shares of Rapid7 by 30.4% in the 4th quarter. Pacer Advisors Inc. now owns 1,487 shares of the technology company’s stock valued at $60,000 after purchasing an additional 347 shares during the last quarter. RPg Family Wealth Advisory LLC acquired a new position in shares of Rapid7 in the third quarter valued at approximately $69,000. Finally, Ostrum Asset Management raised its stake in shares of Rapid7 by 45.3% during the fourth quarter. Ostrum Asset Management now owns 2,478 shares of the technology company’s stock worth $100,000 after purchasing an additional 772 shares during the last quarter. 95.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Rapid7

In related news, CEO Corey E. Thomas sold 100,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $39.38, for a total value of $3,938,000.00. Following the completion of the sale, the chief executive officer now owns 431,469 shares in the company, valued at $16,991,249.22. This represents a 18.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.60% of the company’s stock.

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.