Rapid7 (NASDAQ:RPD) Issues Earnings Results, Beats Estimates By $0.09 EPS

Key Points

• Rapid7 beat quarterly estimates: The cybersecurity company reported EPS of $0.44, exceeding the $0.35 consensus, while revenue reached $210.88 million versus expectations of $208.23 million.
• Rapid7 updated its Q3 2026 EPS guidance to $0.44–$0.47. The company reported a 2.61% net margin and 34.35% return on equity.
• Despite increased institutional ownership—hedge funds and other institutions hold 95.66% of shares—analyst sentiment remains cautious, with a consensus “Reduce” rating and a $9.03 price target versus the stock’s $11.61 price.

Rapid7 (NASDAQ:RPD - Get Free Report) posted its quarterly earnings results on Monday. The technology company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.35 by $0.09, FiscalAI reports. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The company had revenue of $210.88 million during the quarter, compared to analysts' expectations of $208.23 million. Rapid7 updated its Q3 2026 guidance to 0.440-0.470 EPS.

Rapid7 Stock Performance

RPD traded up $0.04 on Monday, hitting $11.61. 3,256,918 shares of the company traded hands, compared to its average volume of 2,136,736. The company has a 50 day moving average of $9.18 and a 200-day moving average of $7.96. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $775.90 million, a PE ratio of 33.17 and a beta of 0.97. Rapid7 has a 12-month low of $4.97 and a 12-month high of $21.78.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on RPD. Raymond James Financial set a $8.00 price objective on shares of Rapid7 in a research report on Wednesday, May 6th. DA Davidson lifted their price target on Rapid7 from $5.25 to $6.50 and gave the stock an "underperform" rating in a report on Tuesday, June 2nd. Stifel Nicolaus lowered their price objective on Rapid7 from $9.00 to $7.00 and set a "hold" rating for the company in a research report on Wednesday, May 6th. Truist Financial raised their target price on Rapid7 from $6.00 to $10.00 and gave the stock a "hold" rating in a research report on Tuesday, July 21st. Finally, Morgan Stanley downgraded Rapid7 from an "equal weight" rating to an "underweight" rating and set a $9.00 price target for the company. in a report on Tuesday, July 21st. Seventeen research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus price target of $9.03.

Institutional Investors Weigh In On Rapid7

Large investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Rapid7 by 114.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,136,438 shares of the technology company's stock worth $49,409,000 after purchasing an additional 1,142,148 shares in the last quarter. First Trust Advisors LP grew its position in Rapid7 by 48.3% during the fourth quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company's stock worth $35,356,000 after buying an additional 758,009 shares during the period. Marshall Wace LLP increased its holdings in Rapid7 by 60.9% in the third quarter. Marshall Wace LLP now owns 1,139,273 shares of the technology company's stock valued at $21,361,000 after buying an additional 431,195 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Rapid7 by 81.0% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 701,200 shares of the technology company's stock valued at $13,624,000 after acquiring an additional 313,717 shares during the period. Finally, Alyeska Investment Group L.P. boosted its stake in shares of Rapid7 by 27.9% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,193,516 shares of the technology company's stock worth $18,141,000 after acquiring an additional 260,168 shares in the last quarter. Hedge funds and other institutional investors own 95.66% of the company's stock.

About Rapid7

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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