Rapid7 (NASDAQ:RPD) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised Rapid7’s price target from $7 to $12 but maintained a “neutral” rating; the new target still implied 17.67% downside from the prior close. The broader analyst consensus remained “Reduce,” with a $10.59 target price.
• Rapid7 shares surged 25.5% to $14.58, despite most analysts retaining cautious ratings. Institutional investors owned approximately 95.66% of the company’s stock.
• Second-quarter results exceeded expectations: adjusted EPS was $0.44 versus the $0.35 consensus, and revenue reached $210.9 million versus $208.2 million expected. However, revenue declined 1.5% year over year, and analysts continued to cite growth and profitability concerns.

Rapid7 (NASDAQ:RPD - Get Free Report) had its price objective upped by investment analysts at JPMorgan Chase & Co. from $7.00 to $12.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has a "neutral" rating on the technology company's stock. JPMorgan Chase & Co.'s price target points to a potential downside of 17.67% from the company's previous close.

Other research analysts have also recently issued research reports about the stock. Barclays boosted their price objective on shares of Rapid7 from $6.50 to $12.00 and gave the company an "underweight" rating in a research report on Tuesday. DA Davidson lifted their price target on shares of Rapid7 from $5.25 to $6.50 and gave the stock an "underperform" rating in a research note on Tuesday, June 2nd. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $12.00 price target on shares of Rapid7 in a research note on Tuesday. Mizuho upped their price target on shares of Rapid7 from $8.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, July 15th. Finally, Wall Street Zen lowered shares of Rapid7 from a "buy" rating to a "hold" rating in a research report on Tuesday, April 14th. Seventeen research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus target price of $10.59.

Rapid7 Trading Up 25.5%

Shares of NASDAQ:RPD traded up $2.97 during trading on Tuesday, hitting $14.58. The company had a trading volume of 1,807,708 shares, compared to its average volume of 2,138,990. The stock has a market cap of $974.11 million, a price-to-earnings ratio of 41.42 and a beta of 0.97. Rapid7 has a one year low of $4.97 and a one year high of $21.78. The company has a fifty day simple moving average of $9.24 and a two-hundred day simple moving average of $7.95. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.78 and a quick ratio of 0.78.

Rapid7 (NASDAQ:RPD - Get Free Report) last announced its earnings results on Monday, August 10th. The technology company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.09. Rapid7 had a return on equity of 34.35% and a net margin of 2.61%.The firm had revenue of $210.88 million during the quarter, compared to analysts' expectations of $208.23 million. During the same quarter in the previous year, the business earned $0.58 EPS. The company's quarterly revenue was down 1.5% on a year-over-year basis. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. As a group, equities analysts forecast that Rapid7 will post 0.63 earnings per share for the current year.

Institutional Investors Weigh In On Rapid7

Large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC increased its position in shares of Rapid7 by 108.8% during the first quarter. Parallel Advisors LLC now owns 6,340 shares of the technology company's stock worth $35,000 after acquiring an additional 3,304 shares during the period. Headlands Technologies LLC purchased a new stake in shares of Rapid7 in the second quarter valued at approximately $44,000. GAMMA Investing LLC grew its stake in Rapid7 by 20.6% in the second quarter. GAMMA Investing LLC now owns 5,866 shares of the technology company's stock worth $48,000 after purchasing an additional 1,000 shares in the last quarter. KBC Group NV grew its stake in Rapid7 by 124.0% in the fourth quarter. KBC Group NV now owns 3,310 shares of the technology company's stock worth $50,000 after purchasing an additional 1,832 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in Rapid7 during the 4th quarter worth $71,000. 95.66% of the stock is owned by hedge funds and other institutional investors.

Rapid7 News Roundup

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Q2 earnings beat expectations. Rapid7 reported adjusted earnings of $0.44 per share, exceeding the $0.35 consensus estimate, while revenue of $210.9 million topped expectations of $208.2 million. Rapid7 Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Profit guidance was raised relative to estimates. Rapid7 forecast third-quarter adjusted EPS of $0.44–$0.47, above the $0.38 analyst consensus. The outlook supports the view that restructuring and a greater focus on core security offerings may improve operating efficiency. RPD Q2 Deep Dive
• Neutral Sentiment: Cash resources remain substantial. Rapid7 ended the quarter with approximately $425.6 million in cash and equivalents, although operating cash flow declined to $37.0 million. Rapid7 Announces Second Quarter 2026 Financial Results
• Negative Sentiment: Growth and profitability remain concerns. Second-quarter revenue fell 1.5% year over year, earnings declined from $0.58 per share in the prior-year period, and the company’s third-quarter revenue guidance of $208 million–$210 million is slightly below the $210.5 million consensus.
• Negative Sentiment: Analysts still see downside. Stephens raised its price target from $10 to $12 while maintaining an “equal weight” rating. Robert W. Baird lifted its target from $8 to $10 and kept a “neutral” rating. Both targets are below Rapid7’s recent trading level, signaling limited conviction despite the earnings beat. Benzinga Analyst Updates

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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