Equities Analysts Issue Forecasts for Rapid7 Q1 Earnings

Rapid7, Inc. (NASDAQ:RPD) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Rapid7 in a report issued on Thursday, February 13th. DA Davidson analyst R. Kessinger anticipates that the technology company will post earnings of ($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.

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

RPD has been the topic of several other research reports. Scotiabank lowered their price objective on shares of Rapid7 from $42.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 13th. Raymond James decreased their price target on Rapid7 from $55.00 to $45.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. Piper Sandler cut their price objective on Rapid7 from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Truist Financial lowered their target price on shares of Rapid7 from $38.00 to $35.00 and set a “hold” rating on the stock in a report on Thursday, February 13th. Finally, Robert W. Baird cut their price target on shares of Rapid7 from $43.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday, February 13th. Sixteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $41.22.

Rapid7 Stock Performance

Rapid7 stock opened at $34.18 on Monday. The business’s 50-day simple moving average is $38.97 and its 200-day simple moving average is $38.80. The firm has a market capitalization of $2.16 billion, a PE ratio of 54.25 and a beta of 0.96. Rapid7 has a 52 week low of $32.94 and a 52 week high of $59.43.

Insiders Place Their Bets

In other Rapid7 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 transaction 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 approximately $16,991,249.22. The trade was a 18.82 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On Rapid7

A number of institutional investors have recently made changes to their positions in RPD. Vanguard Group Inc. boosted its holdings in Rapid7 by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 8,618,480 shares of the technology company’s stock worth $346,721,000 after buying an additional 60,095 shares during the last quarter. JANA Partners Management LP raised its position in shares of Rapid7 by 0.9% in the 4th quarter. JANA Partners Management LP now owns 3,690,129 shares of the technology company’s stock valued at $148,454,000 after acquiring an additional 34,589 shares during the period. Geode Capital Management LLC boosted its stake 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. Shapiro Capital Management LLC grew its holdings in Rapid7 by 295.9% during the fourth quarter. Shapiro Capital Management LLC now owns 1,290,945 shares of the technology company’s stock valued at $51,935,000 after purchasing an additional 964,899 shares during the period. Finally, First Trust Advisors LP increased its stake in Rapid7 by 6.8% in the fourth quarter. First Trust Advisors LP now owns 1,255,731 shares of the technology company’s stock valued at $50,518,000 after purchasing an additional 79,836 shares in the last quarter. 95.66% of the stock is owned by institutional investors and hedge funds.

Rapid7 Company Profile

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.