NASDAQ:RPD Rapid7 (RPD) Stock Forecast, Price & News $45.81 -0.26 (-0.56%) (As of 10:15 AM ET) Add Compare Share Share Today's Range$45.63▼$46.5750-Day Range$42.07▼$51.6352-Week Range$26.49▼$74.88Volume50,642 shsAverage Volume1.16 million shsMarket Capitalization$2.76 billionP/E RatioN/ADividend YieldN/APrice Target$53.18 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Rapid7 MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside15.4% Upside$53.18 Price TargetShort InterestBearish8.55% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.34Based on 8 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.20) to ($0.88) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.36 out of 5 starsComputer And Technology Sector535th out of 598 stocksPrepackaged Software Industry185th out of 210 stocks 2.2 Analyst's Opinion Consensus RatingRapid7 has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 6 buy ratings, 12 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.18, Rapid7 has a forecasted upside of 15.4% from its current price of $46.07.Amount of Analyst CoverageRapid7 has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.55% of the outstanding shares of Rapid7 have been sold short.Short Interest Ratio / Days to CoverRapid7 has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Rapid7 has recently increased by 10.49%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldRapid7 does not currently pay a dividend.Dividend GrowthRapid7 does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RPD. Previous Next 1.9 News and Social Media Coverage News SentimentRapid7 has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Rapid7 this week, compared to 4 articles on an average week.Search InterestOnly 6 people have searched for RPD on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Rapid7 to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rapid7 insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.80% of the stock of Rapid7 is held by insiders.Percentage Held by Institutions97.91% of the stock of Rapid7 is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rapid7 are expected to grow in the coming year, from ($1.20) to ($0.88) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rapid7 is -25.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rapid7 is -25.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Rapid7 (NASDAQ:RPD) StockRapid7, Inc. engages in the provision of cyber security analytics and automation services. Its products include Metasploit, Nexpose, AppSpider, tCell by Rapid7, as well as insight platforms such as InsightDR, InsightIVM, InsightAppSec, InsightConnect, and InsightOps. The firm also offers security and product consulting services. The company was founded by Alan P. Matthews, Tas Giakouminakis, and Chad Loder in July 2000 and is headquartered in Boston, MA.Read More Receive RPD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rapid7 and its competitors with MarketBeat's FREE daily newsletter. Email Address RPD Stock News HeadlinesJune 8, 2023 | msn.comRapid7: Watch Potential Corporate Action CatalystsJune 7, 2023 | msn.comWhere Rapid7 Stands With AnalystsJune 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.June 7, 2023 | markets.businessinsider.comRBC Capital Sticks to Its Buy Rating for Rapid7 (RPD)June 7, 2023 | msn.comRBC Capital Reiterates Rapid7 (RPD) Prior RecommendationJune 4, 2023 | americanbankingnews.comRapid7, Inc. (NASDAQ:RPD) Receives $50.88 Average Price Target from AnalystsJune 3, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Shares Gap Down to $47.72June 1, 2023 | americanbankingnews.comRapid7 Target of Unusually High Options Trading (NASDAQ:RPD)June 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 25, 2023 | markets.businessinsider.comRapid7 (RPD) Gets a Buy from Stifel NicolausMay 24, 2023 | msn.comRapid7 gains amid renewed takeover speculationMay 24, 2023 | forbes.comRapid7 Stock Trades 70% Below Peak As Revenue Rises 12%May 23, 2023 | markets.businessinsider.comRapid7 (RPD) Receives a Hold from CitiMay 21, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Earns Hold Rating from Analysts at StockNews.comMay 16, 2023 | americanbankingnews.comRapid7, Inc. Expected to Post Q2 2023 Earnings of ($0.37) Per Share (NASDAQ:RPD)May 13, 2023 | americanbankingnews.comRobert W. Baird Cuts Rapid7 (NASDAQ:RPD) Price Target to $52.00May 12, 2023 | msn.comBarclays Maintains Rapid7 (RPD) Equal-Weight RecommendationMay 12, 2023 | msn.comBaird Maintains Rapid7 (RPD) Outperform RecommendationMay 12, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) PT Lowered to $52.00 at Stifel NicolausMay 11, 2023 | msn.comDA Davidson Maintains Rapid7 (RPD) Neutral RecommendationMay 11, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Receives Outperform Rating from William BlairMay 11, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Updates Q2 Earnings GuidanceMay 11, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Price Target Lowered to $48.00 at Piper SandlerMay 11, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Price Target Lowered to $43.00 at DA DavidsonMay 11, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Price Target Lowered to $47.00 at BarclaysMay 10, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Rapid7May 10, 2023 | chron.comRapid7: Q1 Earnings SnapshotSee More Headlines RPD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RPD Company Calendar Last Earnings5/09/2023Today6/08/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:RPD CUSIPN/A CIK1560327 Webwww.rapid7.com Phone(617) 247-1717Fax617-507-6488Employees2,623Year FoundedN/APrice Target and Rating Average Stock Price Forecast$53.18 High Stock Price Forecast$90.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+15.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)($1.79) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,720,000.00 Net Margins-14.86% Pretax Margin-14.64% Return on EquityN/A Return on Assets-5.89% Debt Debt-to-Equity RatioN/A Current Ratio0.92 Quick Ratio0.92 Sales & Book Value Annual Sales$710.87 million Price / Sales3.91 Cash FlowN/A Price / Cash FlowN/A Book Value($2.03) per share Price / Book-22.69Miscellaneous Outstanding Shares60,352,000Free Float58,662,000Market Cap$2.78 billion OptionableOptionable Beta1.11 Key ExecutivesCorey Eugene ThomasChairman & Chief Executive OfficerAndrew Frank BurtonPresident & Chief Operating OfficerTim AdamsChief Financial OfficerTas GiakouminakisChief Technology OfficerRaj SamaniChief Scientist & Senior Vice PresidentKey CompetitorsVaronis SystemsNASDAQ:VRNSIntappNASDAQ:INTAAlteryxNYSE:AYXBlackBerryNYSE:BBCommvault SystemsNASDAQ:CVLTView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 108,948 shares on 6/1/2023Ownership: 2.283%ProShare Advisors LLCSold 2,334 shares on 5/26/2023Ownership: 0.012%Capital Impact Advisors LLCSold 5,950 shares on 5/23/2023Ownership: 0.022%Ameriprise Financial Inc.Bought 152,967 shares on 5/22/2023Ownership: 0.253%Putnam Investments LLCSold 561,209 shares on 5/22/2023Ownership: 0.084%View All Insider TransactionsView All Institutional Transactions RPD Stock - Frequently Asked Questions Should I buy or sell Rapid7 stock right now? 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rapid7 in the last year. There are currently 12 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RPD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RPD, but not buy additional shares or sell existing shares. View RPD analyst ratings or view top-rated stocks. What is Rapid7's stock price forecast for 2023? 18 brokerages have issued 1 year target prices for Rapid7's shares. Their RPD share price forecasts range from $38.00 to $90.00. On average, they expect the company's stock price to reach $53.18 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View analysts price targets for RPD or view top-rated stocks among Wall Street analysts. How have RPD shares performed in 2023? Rapid7's stock was trading at $33.98 at the start of the year. Since then, RPD shares have increased by 35.6% and is now trading at $46.07. View the best growth stocks for 2023 here. When is Rapid7's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our RPD earnings forecast. How were Rapid7's earnings last quarter? Rapid7, Inc. (NASDAQ:RPD) announced its earnings results on Tuesday, May, 9th. The technology company reported ($0.31) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.08. The technology company earned $183.17 million during the quarter, compared to analysts' expectations of $181.34 million. What ETFs hold Rapid7's stock? ETFs with the largest weight of Rapid7 (NASDAQ:RPD) stock in their portfolio include WisdomTree Cybersecurity Fund (WCBR), Global X Cybersecurity ETF (BUG), Invesco Dynamic Networking ETF (PXQ), iShares Cybersecurity and Tech ETF (IHAK), SPDR Kensho Future Security ETF (FITE), First Trust Nasdaq Cybersecurity ETF (CIBR), ROBO Global Artificial Intelligence ETF (THNQ) and AXS Green Alpha ETF (NXTE). What guidance has Rapid7 issued on next quarter's earnings? Rapid7 issued an update on its FY23 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $0.83-$0.89 for the period, compared to the consensus EPS estimate of $0.84. The company issued revenue guidance of $773-$779 million, compared to the consensus revenue estimate of $774.84 million. What is Corey E. Thomas' approval rating as Rapid7's CEO? 196 employees have rated Rapid7 Chief Executive Officer Corey E. Thomas on Glassdoor.com. Corey E. Thomas has an approval rating of 99% among the company's employees. This puts Corey E. Thomas in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Rapid7 own? Based on aggregate information from My MarketBeat watchlists, some companies that other Rapid7 investors own include CA (CA), Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Splunk (SPLK), Block (SQ) and Trade Desk (TTD). When did Rapid7 IPO? (RPD) raised $91 million in an IPO on Friday, July 17th 2015. The company issued 6,500,000 shares at $13.00-$15.00 per share. Morgan Stanley and Barclays acted as the underwriters for the IPO and Pacific Crest Securities, William Blair, Raymond James and Cowen and Company were co-managers. What is Rapid7's stock symbol? Rapid7 trades on the NASDAQ under the ticker symbol "RPD." Who are Rapid7's major shareholders? Rapid7's stock is owned by a number of institutional and retail investors. Top institutional investors include Davidson Kempner Capital Management LP (0.00%), Alyeska Investment Group L.P. (4.50%), First Trust Advisors LP (3.44%), Macquarie Group Ltd. (2.28%), Macquarie Group Ltd. (2.28%) and GW&K Investment Management LLC (2.00%). Insiders that own company stock include Andrew F Burton, Benjamin Holzman, Christina Luconi, Corey E Thomas, Jeffrey Kalowski, Lee David Weiner, Michael J Berry, Peter Kaes, Thomas E Schodorf, Thomas E Schodorf and Timothy M Adams. View institutional ownership trends. How do I buy shares of Rapid7? Shares of RPD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Rapid7's stock price today? One share of RPD stock can currently be purchased for approximately $46.07. How much money does Rapid7 make? Rapid7 (NASDAQ:RPD) has a market capitalization of $2.78 billion and generates $710.87 million in revenue each year. The technology company earns $-124,720,000.00 in net income (profit) each year or ($1.79) on an earnings per share basis. How many employees does Rapid7 have? The company employs 2,623 workers across the globe. How can I contact Rapid7? Rapid7's mailing address is 120 Causeway Street, Boston MA, 02114. The official website for the company is www.rapid7.com. The technology company can be reached via phone at (617) 247-1717, via email at investors@rapid7.com, or via fax at 617-507-6488. This page (NASDAQ:RPD) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rapid7, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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