Equities Analysts Offer Predictions for Rapid7 Q1 Earnings

Rapid7, Inc. (NASDAQ:RPD - Free Report) - DA Davidson issued their Q1 2025 earnings estimates for shares of Rapid7 in a report released on Thursday, February 13th. DA Davidson analyst R. Kessinger expects that the technology company will earn ($0.01) per share for the quarter. DA Davidson currently has a "Neutral" rating and a $39.00 target price on the stock. The consensus estimate for Rapid7's current full-year earnings is $0.35 per share. DA Davidson also issued estimates for Rapid7's FY2025 earnings at $0.36 EPS and FY2026 earnings at $0.60 EPS.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.38). Rapid7 had a net margin of 3.46% and a negative return on equity of 130.41%.

Other equities research analysts have also recently issued research reports about the stock. Stifel Nicolaus dropped their price target on shares of Rapid7 from $42.00 to $38.00 and set a "hold" rating for the company in a research report on Thursday, February 13th. StockNews.com lowered shares of Rapid7 from a "buy" rating to a "hold" rating in a report on Thursday, February 13th. Robert W. Baird lowered their price target on Rapid7 from $43.00 to $39.00 and set a "neutral" rating for the company in a research report on Thursday, February 13th. UBS Group cut their price objective on Rapid7 from $52.00 to $45.00 and set a "buy" rating on the stock in a research report on Thursday, February 13th. Finally, Piper Sandler dropped their price target on Rapid7 from $42.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, November 7th. Sixteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $41.22.

Rapid7 Price Performance

Rapid7 stock traded down $1.04 during trading hours on Monday, reaching $32.68. The company had a trading volume of 1,213,902 shares, compared to its average volume of 708,991. Rapid7 has a 12-month low of $32.02 and a 12-month high of $59.43. The company has a 50-day moving average price of $38.81 and a 200 day moving average price of $38.77. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 83.79 and a beta of 0.96.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Creative Planning purchased a new position in Rapid7 during the third quarter valued at approximately $253,000. Tempus Wealth Planning LLC purchased a new position in shares of Rapid7 during the 3rd quarter valued at $264,000. International Assets Investment Management LLC increased its stake in Rapid7 by 3,888.2% in the 3rd quarter. International Assets Investment Management LLC now owns 678 shares of the technology company's stock worth $27,000 after buying an additional 661 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in Rapid7 during the third quarter valued at about $948,000. Finally, 1620 Investment Advisors Inc. lifted its position in shares of Rapid7 by 14.5% in the third quarter. 1620 Investment Advisors Inc. now owns 2,783 shares of the technology company's stock valued at $111,000 after acquiring an additional 352 shares in the last quarter. 95.66% of the stock is currently owned by institutional investors.

Insider Activity at Rapid7

In other Rapid7 news, CEO Corey E. Thomas sold 100,000 shares of the business'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 sale, the chief executive officer now owns 431,469 shares of the company's stock, valued at approximately $16,991,249.22. The trade was a 18.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.60% of the stock is currently owned by company 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.