Rapid7 (RPD) Expected to Announce Quarterly Earnings on Monday

Rapid7 (NASDAQ:RPD - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Monday, May 12th. Analysts expect the company to announce earnings of $0.37 per share and revenue of $208.25 million for the quarter. Rapid7 has set its FY 2025 guidance at 1.720-1.850 EPS and its Q1 2025 guidance at 0.330-0.360 EPS.

Rapid7 (NASDAQ:RPD - Get Free Report) last released its earnings results on Wednesday, February 12th. The technology company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.38). Rapid7 had a negative return on equity of 130.41% and a net margin of 3.46%. On average, analysts expect Rapid7 to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Rapid7 Stock Performance

Shares of NASDAQ:RPD traded up $0.70 during midday trading on Thursday, hitting $25.23. The company's stock had a trading volume of 561,365 shares, compared to its average volume of 855,115. The stock's 50 day simple moving average is $25.70 and its 200 day simple moving average is $34.45. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 64.69 and a beta of 1.06. Rapid7 has a fifty-two week low of $21.61 and a fifty-two week high of $44.48.

Insider Activity

In other Rapid7 news, insider Christina Luconi sold 12,551 shares of the stock in a transaction on Monday, April 7th. The stock was sold at an average price of $23.12, for a total value of $290,179.12. Following the transaction, the insider now directly owns 58,165 shares in the company, valued at approximately $1,344,774.80. This trade represents a 17.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on RPD shares. Scotiabank cut their price target on Rapid7 from $42.00 to $38.00 and set a "sector perform" rating for the company in a report on Thursday, February 13th. Barclays reduced their price target on shares of Rapid7 from $35.00 to $26.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. Stephens began coverage on shares of Rapid7 in a report on Tuesday, April 1st. They set an "equal weight" rating and a $33.00 price objective on the stock. Citigroup reduced their target price on shares of Rapid7 from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Thursday, February 13th. Finally, Truist Financial lowered their price target on Rapid7 from $38.00 to $35.00 and set a "hold" rating on the stock in a research note on Thursday, February 13th. Fifteen investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $37.32.

Rapid7 Company Profile

Rapid7, Inc provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brand names. The company offers endpoint to cloud data collection and sharing applications, such as Rapid7 Insight Agent, a software-based agent that is used on assets across on-premises and cloud environments to centralize and monitor data on company's platform; Rapid7 Insight Network Sensor that analyzes raw end-to-end network traffic to increase visibility into user activity, pinpoint real threats, and investigations; Rapid7 Cloud Event Data Harvesting that offers visibility into changes made to cloud resources; and third-party integrations and ecosystem, as well as orchestration and automation solutions.