Rapid7 (NASDAQ:RPD) Releases Q1 2025 Earnings Guidance

Rapid7 (NASDAQ:RPD - Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.330-0.360 for the period, compared to the consensus estimate of 0.550. The company issued revenue guidance of $207.0 million-$209.0 million, compared to the consensus revenue estimate of $214.4 million. Rapid7 also updated its FY 2025 guidance to 1.720-1.850 EPS.

Rapid7 Stock Up 2.1 %

Shares of Rapid7 stock traded up $0.73 during trading on Friday, reaching $35.55. The company's stock had a trading volume of 1,545,758 shares, compared to its average volume of 532,994. Rapid7 has a 12-month low of $32.94 and a 12-month high of $61.79. The company has a market capitalization of $2.25 billion, a P/E ratio of 56.43 and a beta of 0.96. The business has a 50 day moving average price of $39.23 and a 200-day moving average price of $38.81.

Rapid7 (NASDAQ:RPD - Get Free Report) last posted its quarterly earnings results 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 net margin of 5.65% and a negative return on equity of 128.95%. Research analysts predict that Rapid7 will post 0.98 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on RPD shares. Scotiabank decreased their price target on Rapid7 from $42.00 to $38.00 and set a "sector perform" rating on the stock in a research note on Thursday. Barclays decreased their price target on Rapid7 from $43.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on Rapid7 from $42.00 to $40.00 and set a "neutral" rating for the company in a report on Tuesday, February 11th. StockNews.com cut Rapid7 from a "buy" rating to a "hold" rating in a report on Thursday. Finally, Robert W. Baird reduced their price objective on Rapid7 from $43.00 to $39.00 and set a "neutral" rating for the company in a report on Thursday. Sixteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Rapid7 currently has a consensus rating of "Hold" and an average target price of $41.22.

Insider Transactions at Rapid7

In other news, CEO Corey E. Thomas sold 100,000 shares of Rapid7 stock in a transaction on Tuesday, January 21st. The stock was 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 of the company's stock, valued at $16,991,249.22. The trade was a 18.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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.