Rapid7 (NASDAQ:RPD) Releases FY 2025 Earnings Guidance

Rapid7 (NASDAQ:RPD - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.720-1.850 for the period, compared to the consensus estimate of 2.330. The company issued revenue guidance of $860.0 million-$870.0 million, compared to the consensus revenue estimate of $886.3 million. Rapid7 also updated its Q1 2025 guidance to 0.330-0.360 EPS.

Rapid7 Stock Up 2.1 %

Shares of NASDAQ RPD traded up $0.73 during midday trading on Friday, hitting $35.55. The stock had a trading volume of 1,545,758 shares, compared to its average volume of 532,994. The stock has a 50 day simple moving average of $39.23 and a 200-day simple moving average of $38.81. The company has a market capitalization of $2.25 billion, a PE ratio of 56.43 and a beta of 0.96. Rapid7 has a 1 year low of $32.94 and a 1 year high of $61.79.

Rapid7 (NASDAQ:RPD - Get Free Report) last announced 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 net margin of 5.65% and a negative return on equity of 128.95%. As a group, analysts expect that Rapid7 will post 0.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

RPD has been the subject of several research reports. Piper Sandler dropped their price objective on shares of Rapid7 from $42.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, November 7th. StockNews.com cut Rapid7 from a "buy" rating to a "hold" rating in a report on Thursday. Raymond James reduced their price objective on Rapid7 from $55.00 to $45.00 and set an "outperform" rating on the stock in a research report on Thursday. UBS Group cut their target price on Rapid7 from $52.00 to $45.00 and set a "buy" rating for the company in a research note on Thursday. Finally, Robert W. Baird reduced their price target on Rapid7 from $43.00 to $39.00 and set a "neutral" rating on the stock 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 company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $41.22.

Insider Activity at Rapid7

In related news, CEO Corey E. Thomas sold 100,000 shares of the firm's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $39.38, for a total transaction of $3,938,000.00. Following the completion of the transaction, the chief executive officer now directly owns 431,469 shares in the company, valued at $16,991,249.22. This trade represents a 18.82 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.60% of the stock is owned by insiders.

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.