Rapid7 (NASDAQ:RPD) Issues FY 2026 Earnings Guidance

Key Points

• FY 2026 guidance: Rapid7 gave FY 2026 EPS guidance of $1.520–$1.600 (above the consensus $1.350) and revenue guidance of $836.0M–$842.0M (vs. consensus $838.7M), and set Q2 2026 EPS guidance at $0.330–$0.360.
• Recent quarter beat estimates, reporting $0.36 EPS vs. $0.30 expected and $209.69M revenue vs. $207.95M, and the stock traded up about 2.9% to $6.68 amid higher-than-average volume.
• Analyst sentiment is cautious—MarketBeat shows a consensus rating of "Reduce" with an average target price of $12.21—while institutional ownership is very high at about 95.66% following several large stake increases.

Rapid7 (NASDAQ:RPD - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.520-1.600 for the period, compared to the consensus EPS estimate of 1.350. The company issued revenue guidance of $836.0 million-$842.0 million, compared to the consensus revenue estimate of $838.7 million. Rapid7 also updated its Q2 2026 guidance to 0.330-0.360 EPS.

Rapid7 Stock Up 2.9%

Shares of NASDAQ:RPD traded up $0.19 during midday trading on Tuesday, reaching $6.68. The company's stock had a trading volume of 2,836,830 shares, compared to its average volume of 1,948,481. The firm has a 50 day moving average of $6.02 and a 200-day moving average of $11.40. The firm has a market capitalization of $446.04 million, a P/E ratio of 18.56 and a beta of 0.89. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 5.77. Rapid7 has a 12-month low of $4.97 and a 12-month high of $27.10.

Rapid7 (NASDAQ:RPD - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.06. The company had revenue of $209.69 million for the quarter, compared to analysts' expectations of $207.95 million. Rapid7 had a net margin of 2.72% and a return on equity of 47.33%. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. On average, research analysts anticipate that Rapid7 will post 0.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on RPD. Jefferies Financial Group set a $9.00 price target on shares of Rapid7 in a research note on Wednesday, February 11th. Citigroup dropped their price target on shares of Rapid7 from $15.00 to $11.50 and set a "neutral" rating on the stock in a research note on Thursday, February 12th. Zacks Research cut shares of Rapid7 from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 27th. Needham & Company LLC reiterated a "hold" rating on shares of Rapid7 in a research note on Wednesday, February 11th. Finally, Scotiabank dropped their price target on shares of Rapid7 from $18.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Rapid7 has a consensus rating of "Reduce" and an average target price of $12.21.

Hedge Funds Weigh In On Rapid7

Several hedge funds and other institutional investors have recently bought and sold shares of RPD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in 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 valued at $49,409,000 after acquiring an additional 1,142,148 shares during the period. First Trust Advisors LP lifted its stake in Rapid7 by 48.3% during the 4th quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company's stock valued at $35,356,000 after acquiring an additional 758,009 shares during the period. Marshall Wace LLP lifted its stake in Rapid7 by 60.9% during the 3rd quarter. Marshall Wace LLP now owns 1,139,273 shares of the technology company's stock valued at $21,361,000 after acquiring an additional 431,195 shares during the period. CANADA LIFE ASSURANCE Co lifted its stake in 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. lifted its stake in 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 valued at $18,141,000 after acquiring an additional 260,168 shares during the period. 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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