KeyCorp Predicts Rapid7's Q1 Earnings (NASDAQ:RPD)

Rapid7, Inc. (NASDAQ:RPD - Free Report) - Analysts at KeyCorp issued their Q1 2025 earnings per share (EPS) estimates for shares of Rapid7 in a research report issued on Thursday, December 19th. KeyCorp analyst E. Heath anticipates that the technology company will post earnings per share of $0.24 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.

A number of other analysts have also recently commented on the company. DA Davidson upped their price objective on Rapid7 from $35.00 to $39.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. Truist Financial dropped their price objective on shares of Rapid7 from $40.00 to $38.00 and set a "hold" rating on the stock in a report on Thursday, November 7th. Piper Sandler decreased their price target on shares of Rapid7 from $42.00 to $40.00 and set a "neutral" rating on the stock in a research report on Thursday, November 7th. JPMorgan Chase & Co. lifted their price target on shares of Rapid7 from $40.00 to $42.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, UBS Group reduced their price target on Rapid7 from $59.00 to $52.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. Fourteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $44.59.

Rapid7 Stock Performance

Shares of RPD stock traded up $0.17 during trading hours on Monday, reaching $39.53. The company had a trading volume of 614,032 shares, compared to its average volume of 844,372. Rapid7 has a one year low of $32.94 and a one year high of $61.88. The business has a fifty day moving average price of $40.89 and a 200-day moving average price of $38.96. The firm has a market cap of $2.50 billion, a PE ratio of 62.75 and a beta of 0.95.

Rapid7 (NASDAQ:RPD - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The technology company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.14. Rapid7 had a negative return on equity of 128.95% and a net margin of 5.65%. The firm had revenue of $214.65 million during the quarter, compared to the consensus estimate of $210.04 million. During the same period last year, the company earned $0.11 earnings per share. The company's revenue was up 8.0% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. 1620 Investment Advisors Inc. lifted its holdings in shares of Rapid7 by 14.5% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 2,783 shares of the technology company's stock valued at $111,000 after buying an additional 352 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in Rapid7 by 10.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,287 shares of the technology company's stock worth $185,000 after purchasing an additional 400 shares during the last quarter. Arizona State Retirement System increased its stake in Rapid7 by 2.8% during the second quarter. Arizona State Retirement System now owns 17,352 shares of the technology company's stock worth $750,000 after acquiring an additional 465 shares during the last quarter. nVerses Capital LLC grew its stake in Rapid7 by 26.1% during the second quarter. nVerses Capital LLC now owns 2,900 shares of the technology company's stock worth $125,000 after buying an additional 600 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in shares of Rapid7 by 3,888.2% during the 3rd quarter. International Assets Investment Management LLC now owns 678 shares of the technology company's stock valued at $27,000 after buying an additional 661 shares during the period. 95.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Rapid7

In other news, Director Reeny Sondhi sold 3,663 shares of the firm's stock in a transaction on Monday, September 30th. The shares were sold at an average price of $40.00, for a total value of $146,520.00. Following the sale, the director now directly owns 17,460 shares in the company, valued at approximately $698,400. This trade represents a 17.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.60% of the company's stock.

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.