Equities Analysts Issue Forecasts for Rapid7 FY2026 Earnings

Key Points

• Scotiabank raised Rapid7’s FY2026 EPS forecast to $0.77 from $0.67, above the $0.74 consensus estimate, and projected FY2027 EPS of $0.91. It maintained a “Sector Perform” rating and a $10.15 price target.
• Analyst sentiment remains cautious: Rapid7 has a consensus “Reduce” rating, with one Buy, 18 Hold, and four Sell ratings, despite several firms raising their price targets. The average target is $11.98.
• Rapid7 beat its latest quarterly earnings expectations, reporting $0.44 EPS versus the $0.35 consensus and $210.88 million in revenue, although revenue declined 1.5% year over year. Institutional investors own approximately 95.66% of the company.

Rapid7, Inc. (NASDAQ:RPD - Free Report) - Scotiabank raised their FY2026 earnings estimates for shares of Rapid7 in a research note issued on Wednesday, August 19th. Scotiabank analyst P. Colville now expects that the technology company will post earnings of $0.77 per share for the year, up from their previous forecast of $0.67. Scotiabank currently has a "Sector Perform" rating and a $10.15 target price on the stock. The consensus estimate for Rapid7's current full-year earnings is $0.74 per share. Scotiabank also issued estimates for Rapid7's FY2027 earnings at $0.91 EPS.

A number of other equities research analysts have also recently commented on RPD. Susquehanna raised their target price on Rapid7 from $7.00 to $15.00 and gave the company a "neutral" rating in a research report on Wednesday, August 12th. Wall Street Zen raised Rapid7 from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Stifel Nicolaus upped their target price on Rapid7 from $7.00 to $13.00 and gave the stock a "hold" rating in a research note on Tuesday, August 11th. Citigroup reissued a "neutral" rating on shares of Rapid7 in a research note on Wednesday, August 12th. Finally, UBS Group boosted their price target on shares of Rapid7 from $7.00 to $12.00 and gave the stock a "neutral" rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $11.98.

Rapid7 Stock Performance

Shares of Rapid7 stock opened at $11.85 on Monday. The firm has a 50-day simple moving average of $10.16 and a two-hundred day simple moving average of $7.96. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.80 and a current ratio of 0.80. Rapid7 has a fifty-two week low of $4.97 and a fifty-two week high of $21.27. The company has a market cap of $798.69 million, a P/E ratio of 38.23 and a beta of 0.97.

Rapid7 (NASDAQ:RPD - Get Free Report) last posted its earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.09. The firm had revenue of $210.88 million during the quarter, compared to analysts' expectations of $208.23 million. Rapid7 had a net margin of 2.35% and a return on equity of 27.89%. The business's revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.58 EPS. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS.

Institutional Investors Weigh In On Rapid7

A number of large investors have recently modified their holdings of the business. Prudential Financial Inc. boosted its holdings in shares of Rapid7 by 8.8% in the second quarter. Prudential Financial Inc. now owns 8,513 shares of the technology company's stock valued at $197,000 after acquiring an additional 690 shares during the period. GAMMA Investing LLC grew its position in shares of Rapid7 by 20.6% during the second quarter. GAMMA Investing LLC now owns 5,866 shares of the technology company's stock worth $48,000 after acquiring an additional 1,000 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of Rapid7 by 13.4% in the 2nd quarter. Versant Capital Management Inc now owns 10,469 shares of the technology company's stock valued at $85,000 after acquiring an additional 1,238 shares during the period. Parallel Advisors LLC increased its holdings in shares of Rapid7 by 81.6% in the 4th quarter. Parallel Advisors LLC now owns 3,036 shares of the technology company's stock valued at $46,000 after acquiring an additional 1,364 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Rapid7 in the 2nd quarter valued at $44,000. Hedge funds and other institutional investors own 95.66% of the company's stock.

Rapid7 Company Profile

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7's offering is its Insight platform, a unified, cloud-native security operations and analytics suite.

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