Scotiabank Lowers Rapid7 (NASDAQ:RPD) Price Target to $9.00

Rapid7 (NASDAQ:RPD) had its price target decreased by investment analysts at Scotiabank from $18.00 to $9.00 in a report released on Wednesday, Marketbeat.com reports. The firm currently has a “sector perform” rating on the technology company’s stock. Scotiabank’s target price would indicate a potential upside of 26.94% from the company’s current price.

Several other research firms have also weighed in on RPD. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Rapid7 in a report on Monday, December 29th. Mizuho cut their price objective on shares of Rapid7 from $16.00 to $12.00 and set a “neutral” rating for the company in a report on Wednesday. Citigroup downgraded shares of Rapid7 from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $25.00 to $15.00 in a research report on Monday, January 12th. Barclays lowered shares of Rapid7 from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $18.00 to $15.00 in a research note on Monday, January 5th. Finally, Berenberg Bank began coverage on Rapid7 in a research note on Tuesday, November 18th. They issued a “hold” rating and a $16.00 price target for the company. Two analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $12.53.

Rapid7 Stock Performance

Shares of RPD stock opened at $7.09 on Wednesday. Rapid7 has a 52-week low of $7.06 and a 52-week high of $36.45. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 7.01. The stock has a market cap of $464.25 million, a PE ratio of 19.69 and a beta of 0.79. The business has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $16.81.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Rapid7 had a return on equity of 55.81% and a net margin of 2.72%.The company had revenue of $217.39 million during the quarter, compared to analysts’ expectations of $215.17 million. During the same period last year, the business earned $0.48 earnings per share. Rapid7’s quarterly revenue 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. On average, equities analysts expect that Rapid7 will post 0.35 EPS for the current year.

Insider Buying and Selling at Rapid7

In other Rapid7 news, Director Jana Partners Management, Lp purchased 41,545 shares of the stock in a transaction that occurred on Friday, November 28th. The shares were purchased at an average cost of $15.71 per share, for a total transaction of $652,671.95. Following the completion of the transaction, the director owned 6,760,149 shares of the company’s stock, valued at $106,201,940.79. The trade was a 0.62% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Corey E. Thomas acquired 14,500 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average cost of $13.82 per share, with a total value of $200,390.00. Following the purchase, the chief executive officer owned 595,066 shares in the company, valued at $8,223,812.12. This represents a 2.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have bought 67,345 shares of company stock valued at $1,025,202. 2.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Prudential Financial Inc. grew its position in shares of Rapid7 by 8.8% in the second quarter. Prudential Financial Inc. now owns 8,513 shares of the technology company’s stock valued at $197,000 after purchasing an additional 690 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Rapid7 by 6.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,427 shares of the technology company’s stock valued at $221,000 after buying an additional 732 shares in the last quarter. CI Investments Inc. increased its stake 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. Nordea Investment Management AB raised its holdings in shares of Rapid7 by 1.0% during the 2nd quarter. Nordea Investment Management AB now owns 78,294 shares of the technology company’s stock worth $1,808,000 after acquiring an additional 753 shares during the period. Finally, Teacher Retirement System of Texas raised its holdings in shares of Rapid7 by 1.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 54,981 shares of the technology company’s stock worth $1,272,000 after acquiring an additional 890 shares during the period. 95.66% of the stock is currently owned by institutional investors and hedge funds.

Key Rapid7 News

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Modest Q4 beat — Rapid7 reported a slight EPS and revenue beat for Q4 (EPS topped estimates; revenue ~$217.4M vs. ~$215.2M est.), showing the business still generates revenue upside. RPD Q4 Deep Dive
• Positive Sentiment: Partner momentum — Rapid7 announced its 2026 Partner of the Year winners, underscoring partner channel engagement that supports sales/renewals over time. Partner Awards Release
• Neutral Sentiment: Guidance and strategic investments — Company outlined FY‑2026 revenue (~$835M–$843M) and reiterated plans to invest in AI-driven security offerings; management framed this as strategic but capital-intensive. Investors will be watching execution vs. the guide. Revenue Guidance
• Neutral Sentiment: Earnings call transparency — Full Q4 call transcripts and analyst commentary are available for deeper read; they highlight AI spend and margin pressure but also product roadmap details. Earnings Call Transcript
• Negative Sentiment: Multiple analyst price‑target cuts and downgrades — After earnings several firms cut targets and/or ratings (Barclays to $8/underweight; Truist to $8/hold; Scotiabank to $9/sector perform; Mizuho to $12/neutral; RBC to $12/sector perform; UBS reaffirmed neutral at $9). That coordinated downward repricing is pressuring the stock. Analyst Notes (Benzinga)
• Negative Sentiment: Weak guidance tone and margin concerns — Coverage and deep‑dive pieces emphasize “flat sales,” heavier AI investment and cautious guidance for near term, which together explain investor selling despite the modest beat. Deep Dive: Flat Sales & Weak Guidance

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.