NASDAQ:RPD Rapid7 (RPD) Stock Forecast, Price & News $45.78 +0.28 (+0.62%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$45.34▼$46.7550-Day Range$39.79▼$50.9052-Week Range$26.49▼$55.61Volume621,298 shsAverage Volume810,000 shsMarket Capitalization$2.79 billionP/E RatioN/ADividend YieldN/APrice Target$50.63 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Rapid7 MarketRank™ ForecastAnalyst RatingHold2.28 Rating ScoreUpside/Downside10.6% Upside$50.63 Price TargetShort InterestBearish6.07% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$551,744 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.61) to ($0.27) 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.1.99 out of 5 starsComputer And Technology Sector433rd out of 607 stocksPrepackaged Software Industry136th out of 208 stocks 3.1 Analyst's Opinion Consensus RatingRapid7 has received a consensus rating of Hold. The company's average rating score is 2.28, and is based on 5 buy ratings, 13 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.63, Rapid7 has a forecasted upside of 10.6% from its current price of $45.78.Amount of Analyst CoverageRapid7 has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.07% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rapid7 has recently increased by 9.14%, 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 2.7 News and Social Media Coverage News SentimentRapid7 has a news sentiment score of 0.94. 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 higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Rapid7 this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for RPD on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows3 people have added Rapid7 to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rapid7 insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $551,744.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Rapid7 is held by insiders.Percentage Held by Institutions95.66% 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 ($0.61) to ($0.27) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rapid7 is -20.71, 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 -20.71, 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. provides cybersecurity solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cybersecurity risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a cloud risk and compliance management platform; InsightVM helps organizations to discover and remediate vulnerability risk across their network; InsightAppSec that provides dynamic application security testing; and InsightConnect, a security orchestration and automation response solution. The company also provides Threat Intelligence that finds and mitigates threats; Nexpose, an on-premise version of company's vulnerability risk management solution; AppSpider, an on-premise version of company's application security testing solution; and Metasploit, an industry-leading penetration testing software solution, as well as professional services. The company serves customers in a range of industries, including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government, and professional services industries through sales teams, and indirect channel partner relationships, as well as directly in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2000 and is headquartered in Boston, Massachusetts.Read More RPD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RPD Stock News HeadlinesSeptember 14, 2023 | bizjournals.comRapid7 and USF collaboration receives $1.5M grant for cybersecurity researchSeptember 7, 2023 | finance.yahoo.comRapid7 and USF Collaborate on Cyber Training Initiative With $1.5 Million Grant From Office of Naval Research and National Science FoundationSeptember 30, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 6, 2023 | msn.comRapid7 prices $270M senior convertible notesSeptember 6, 2023 | finance.yahoo.comRapid7 Announces Upsized Pricing of $260 Million Convertible Senior Notes OfferingSeptember 5, 2023 | finance.yahoo.comRapid7 Announces Proposed Private Offering of $250 Million of Convertible Senior NotesSeptember 4, 2023 | finance.yahoo.comRapid7, Inc. (NASDAQ:RPD) Shares Could Be 32% Below Their Intrinsic Value EstimateAugust 27, 2023 | finance.yahoo.comRPD Sep 2023 25.000 callSeptember 30, 2023 | Oxford Club (Ad)Better Than Oil StocksThe best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. August 17, 2023 | seekingalpha.comRapid7 Restructures Amid New Focus On PartnershipsAugust 15, 2023 | benzinga.comBoard Member of Rapid7 Sold $551K In StockAugust 14, 2023 | barrons.comRapid7 Inc.August 9, 2023 | msn.comRapid7′s deep layoffs follow years of acquisitions and falling stock priceAugust 9, 2023 | bizjournals.comCybersecurity company Rapid7 to lay off 470 workersAugust 9, 2023 | msn.comMorgan Stanley Maintains Rapid7 (RPD) Equal-Weight RecommendationAugust 9, 2023 | msn.comWhy did Rapid7 stock jump today? Wall Street praises Q2 results, guidanceAugust 9, 2023 | techcrunch.comCybersecurity giant Rapid7 announces sweeping layoffs as losses mountAugust 9, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Rapid7 (RPD) and Akamai (AKAM)August 8, 2023 | markets.businessinsider.comRobert W. Baird Reaffirms Their Buy Rating on Rapid7 (RPD)August 8, 2023 | finance.yahoo.comRapid7 (RPD) Beats Q2 Earnings and Revenue EstimatesAugust 8, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About Rapid7 (RPD) Q2 EarningsAugust 8, 2023 | theglobeandmail.comRapid7 (NASDAQ:RPD) Exceeds Q2 Expectations, Stock SoarsAugust 8, 2023 | bizjournals.comBoston cybersecurity company Rapid7 to lay off 470 workersAugust 8, 2023 | finance.yahoo.comRapid7 Announces Second Quarter 2023 Financial ResultsAugust 7, 2023 | markets.businessinsider.comRapid7 (RPD) Receives a Hold from BarclaysJuly 29, 2023 | finance.yahoo.comIs It Too Late to Buy Rapid7 Stock?July 29, 2023 | finance.yahoo.comBetter Cybersecurity Stock: Palo Alto Networks vs. Rapid7See More Headlines 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 Company Calendar Last Earnings8/08/2023Today9/30/2023Next Earnings (Estimated)11/01/2023Fiscal 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$50.63 High Stock Price Forecast$60.00 Low Stock Price Forecast$40.00 Forecasted Upside/Downside+10.6%Consensus RatingHold Rating Score (0-4)2.28 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)($2.21) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,720,000.00 Net Margins-18.10% Pretax Margin-17.77% Return on EquityN/A Return on Assets-4.84% Debt Debt-to-Equity RatioN/A Current Ratio1.01 Quick Ratio1.01 Sales & Book Value Annual Sales$685.08 million Price / Sales4.08 Cash FlowN/A Price / Cash FlowN/A Book Value($2.03) per share Price / Book-22.55Miscellaneous Outstanding Shares61,000,000Free Float59,414,000Market Cap$2.79 billion OptionableOptionable Beta1.01 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Corey E. Thomas (Age 47)Chairman & CEO Comp: $446kMr. Andrew F. Burton (Age 51)Pres & COO Comp: $372kMr. Timothy M. Adams (Age 63)Chief Financial Officer Comp: $396.12kMs. Christina Luconi (Age 55)Chief People Officer Comp: $319kMr. Tas GiakouminakisCo-Founder & CTOMr. Raj SamaniSr. VP & Chief ScientistMr. Sunil ShahVP of Investor RelationsMs. Raisa LitmanovichSr. VP & Gen. CounselCaitlin DohertyPR Mang.Ms. Cynthia StantonSr. VP & Interim Chief Marketing OfficerMore ExecutivesKey CompetitorsC3.aiNYSE:AIBlackBerryNYSE:BBSmead Value FundNASDAQ:SVFCXSprout SocialNASDAQ:SPTEngageSmartNYSE:ESMTView All CompetitorsInsiders & InstitutionsBarclays PLCSold 48,600 shares on 9/21/2023Ownership: 0.000%Alamar Capital Management LLCBought 12,691 shares on 8/24/2023Ownership: 0.109%Wolverine Trading LLCBought 14,800 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 7,700 shares on 8/22/2023Ownership: 0.013%California State Teachers Retirement SystemSold 1,211 shares on 8/21/2023Ownership: 0.119%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 13 hold ratings and 5 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 12-month price objectives for Rapid7's stock. Their RPD share price forecasts range from $40.00 to $60.00. On average, they anticipate the company's stock price to reach $50.63 in the next year. This suggests a possible upside of 10.6% 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 beginning of the year. Since then, RPD shares have increased by 34.7% and is now trading at $45.78. 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, November 1st 2023. View our RPD earnings forecast. How were Rapid7's earnings last quarter? Rapid7, Inc. (NASDAQ:RPD) issued its quarterly earnings data on Tuesday, August, 8th. The technology company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.08. The technology company earned $190.42 million during the quarter, compared to analysts' expectations of $188.02 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 Next Gen Connectivity ETF (PXQ), iShares Cybersecurity and Tech ETF (IHAK), ROBO Global Artificial Intelligence ETF (THNQ), First Trust Nasdaq Cybersecurity ETF (CIBR), SPDR Kensho Future Security ETF (FITE) and AXS Green Alpha ETF (NXTE). What guidance has Rapid7 issued on next quarter's earnings? Rapid7 updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $1.23-$1.29 for the period, compared to the consensus earnings per share estimate of $0.85. The company issued revenue guidance of $771.00 million-$775.00 million, compared to the consensus revenue estimate of $776.06 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 initial public offering on Friday, July 17th 2015. The company issued 6,500,000 shares at $13.00-$15.00 per share. Morgan Stanley and Barclays served 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." 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 $45.78. How much money does Rapid7 make? Rapid7 (NASDAQ:RPD) has a market capitalization of $2.79 billion and generates $685.08 million in revenue each year. The technology company earns $-124,720,000.00 in net income (profit) each year or ($2.21) 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. 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