Rapid7 (NASDAQ:RPD) Price Target Raised to $16.00

Key Points

• Susquehanna raised its Rapid7 price target to $16 from $15 while maintaining a neutral rating; the new target implies about 3.6% upside from the current share price.
• Rapid7 beat quarterly earnings and revenue expectations, reporting adjusted EPS of $0.60 versus $0.46 expected and revenue of $212.4 million versus $209.05 million expected.
• Revenue was down 2.5% year over year, and analyst sentiment remains cautious: MarketBeat reported a consensus “Reduce” rating and average price target of $13.97.

Rapid7 (NASDAQ:RPD - Get Free Report) had its price target lifted by Susquehanna from $15.00 to $16.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has a "neutral" rating on the technology company's stock. Susquehanna's price objective would suggest a potential upside of 3.63% from the stock's current price.

Several other equities analysts have also issued reports on RPD. Truist Financial reissued a "hold" rating and issued a $15.00 price target (up from $10.00) on shares of Rapid7 in a research note on Thursday. Canaccord Genuity Group raised their price objective on shares of Rapid7 from $7.00 to $14.00 and gave the stock a "hold" rating in a research report on Tuesday, August 11th. Royal Bank Of Canada lifted their price objective on shares of Rapid7 from $12.00 to $16.00 and gave the company a "sector perform" rating in a research note on Thursday. Jefferies Financial Group reiterated a "hold" rating and set a $12.00 target price on shares of Rapid7 in a research report on Tuesday, August 11th. Finally, Scotiabank increased their target price on shares of Rapid7 from $10.15 to $14.50 and gave the stock a "sector perform" rating in a research note on Thursday. One investment analyst has rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Reduce" and a consensus price target of $13.97.

Rapid7 Stock Performance

Shares of Rapid7 stock opened at $15.44 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.50. The business has a 50-day moving average price of $13.14 and a two-hundred day moving average price of $9.56. Rapid7 has a 1-year low of $4.97 and a 1-year high of $18.56. The company has a market cap of $1.04 billion, a P/E ratio of 73.53 and a beta of 0.90.

Rapid7 (NASDAQ:RPD - Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The technology company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.14. Rapid7 had a return on equity of 30.84% and a net margin of 1.63%. The firm had revenue of $212.40 million during the quarter, compared to analyst estimates of $209.05 million. During the same period last year, the company posted $0.57 EPS. The business's quarterly revenue was down 2.5% on a year-over-year basis. As a group, analysts anticipate that Rapid7 will post 0.76 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Rapid7 in the 2nd quarter worth about $38,000. Allworth Financial LP acquired a new position in Rapid7 during the 2nd quarter valued at about $42,000. Pinnacle Wealth Planning Services Inc. boosted its stake in Rapid7 by 34.5% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 5,752 shares of the technology company's stock valued at $70,000 after purchasing an additional 1,475 shares during the last quarter. GAMMA Investing LLC boosted its stake in Rapid7 by 20.6% during the 2nd quarter. GAMMA Investing LLC now owns 5,866 shares of the technology company's stock valued at $48,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in Rapid7 by 108.8% during the 1st quarter. Parallel Advisors LLC now owns 6,340 shares of the technology company's stock worth $35,000 after purchasing an additional 3,304 shares in the last quarter. Institutional investors own 95.66% of the company's stock.

Rapid7 News Roundup

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Rapid7 reported Q3 adjusted EPS of $0.60, ahead of the $0.46 consensus, and revenue of $212.4 million versus expectations of $209.05 million. The results helped fuel a post-earnings rally. Rapid7 Announces Third Quarter 2026 Financial Results
• Neutral Sentiment: Several firms raised price targets, including Piper Sandler to $20 and UBS to $19, while keeping neutral ratings; Citi and RBC set targets of $16. These revisions suggest improved expectations, but not a clear shift to bullish analyst sentiment. Piper Sandler recommendations
• Negative Sentiment: Revenue fell 2.5% year over year, indicating that growth remains a concern despite the quarterly beat. Rapid7 expects Q4 adjusted EPS of $0.53–$0.55. Rapid7 Q4 adjusted EPS outlook
• Negative Sentiment: Some raised targets still imply limited upside or downside from recent levels: Barclays reiterated an underweight rating with a $14 target, Scotiabank set $14.50, and Truist set $15 while maintaining hold. These cautious views may temper enthusiasm around the earnings beat. Barclays recommendations

About Rapid7

Rapid7, Inc NASDAQ: RPD is a cybersecurity company that provides technology and services to help organizations identify, assess and manage security risk across their IT environments. Its offerings are designed to support security operations, vulnerability management, cloud security, application security and incident response.

The company's product portfolio includes the Insight platform and solutions such as InsightVM for vulnerability risk management, InsightIDR for security detection and response, InsightCloudSec for cloud security and compliance, and InsightAppSec for application security testing.

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