Rapid7 (NASDAQ:RPD) Rating Increased to Buy at Wall Street Zen

Rapid7 (NASDAQ:RPD) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.

RPD has been the topic of a number of other reports. Jefferies Financial Group set a $9.00 price target on Rapid7 in a report on Wednesday, February 11th. Morgan Stanley set a $10.00 price objective on shares of Rapid7 in a report on Thursday, February 12th. Citigroup reduced their price objective on shares of Rapid7 from $15.00 to $11.50 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Royal Bank Of Canada lowered their target price on shares of Rapid7 from $16.00 to $12.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 11th. Finally, Canaccord Genuity Group set a $10.00 target price on shares of Rapid7 and gave the stock a “hold” rating in a research report on Wednesday, February 11th. Two investment 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. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $12.53.

Rapid7 Price Performance

Shares of RPD stock opened at $5.37 on Monday. The company has a debt-to-equity ratio of 5.77, a current ratio of 1.28 and a quick ratio of 1.28. Rapid7 has a one year low of $5.24 and a one year high of $27.10. The company’s fifty day moving average price is $7.60 and its 200-day moving average price is $13.19. The company has a market capitalization of $353.83 million, a price-to-earnings ratio of 14.92 and a beta of 0.90.

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

Institutional Trading of Rapid7

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Rapid7 by 7.6% in the fourth quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock valued at $140,961,000 after purchasing an additional 653,498 shares in the last quarter. JANA Partners Management LP raised its stake in Rapid7 by 13.5% during the third quarter. JANA Partners Management LP now owns 6,502,108 shares of the technology company’s stock valued at $121,915,000 after purchasing an additional 772,194 shares in the last quarter. First Trust Advisors LP raised its stake in Rapid7 by 48.3% during the fourth quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after purchasing an additional 758,009 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Rapid7 by 1.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,876 shares of the technology company’s stock valued at $40,716,000 after purchasing an additional 34,438 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Rapid7 by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 1,462,653 shares of the technology company’s stock valued at $22,236,000 after purchasing an additional 78,448 shares during the last quarter. 95.66% of the stock is owned by hedge funds and other 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.