NASDAQ:RPD - Rapid7 Stock Price, Forecast & News

Rapid7 trades on the NASDAQ under the ticker symbol "RPD."

Rapid7 Inc (NASDAQ:RPD) issued its quarterly earnings data on Monday, February, 10th. The technology company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.04. The technology company earned $91.65 million during the quarter, compared to analyst estimates of $88.21 million. Rapid7 had a negative net margin of 16.47% and a negative return on equity of 41.54%. The firm's quarterly revenue was up 33.3% on a year-over-year basis. During the same quarter last year, the business earned ($0.05) EPS. View Rapid7's Earnings History.

Rapid7 is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Rapid7.

Rapid7 updated its FY20 earnings guidance on Monday, February, 10th. The company provided EPS guidance of $0.11-0.18 for the period, compared to the Thomson Reuters consensus estimate of $0.27. The company issued revenue guidance of $396-404 million, compared to the consensus revenue estimate of $395.24 million.

18 brokers have issued 12 month price targets for Rapid7's stock. Their forecasts range from $52.00 to $75.00. On average, they anticipate Rapid7's stock price to reach $66.41 in the next twelve months. This suggests a possible upside of 25.3% from the stock's current price. View Analyst Price Targets for Rapid7.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rapid7 in the last year. There are currently 2 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rapid7.

Press coverage about RPD stock has trended somewhat negative on Sunday, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rapid7 earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Rapid7.

Some companies that are related to Rapid7 include PTC (PTC), Mongodb (MDB), Guidewire Software (GWRE), Dynatrace (DT), UBISOFT ENTMT S/ADR (UBSFY), Alteryx (AYX), HubSpot (HUBS), Anaplan (PLAN), Paylocity (PCTY), Dropbox (DBX), Trend Micro (TMICY), Nutanix (NTNX), Avalara (AVLR), Nuance Communications (NUAN) and Momo (MOMO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Rapid7 investors own include CA (CA), Micron Technology (MU), BlackRock (BLK), Advanced Micro Devices (AMD), Endologix (ELGX), NVIDIA (NVDA), Alibaba Group (BABA), Chipotle Mexican Grill (CMG), Workday (WDAY) and YY (YY).

(RPD) raised $91 million in an IPO on Friday, July 17th 2015. The company issued 6,500,000 shares at a price of $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.

Rapid7's stock is owned by many different of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (2.45%), Pictet Asset Management Ltd. (2.22%), State Street Corp (2.07%), Massachusetts Financial Services Co. MA (1.82%), Fred Alger Management LLC (1.80%) and GW&K Investment Management LLC (1.64%). Company insiders that own Rapid7 stock include Alan Matthews, Andrew F Burton, Benjamin Nye, Christina Luconi, Corey E Thomas, Jeffrey Kalowski, Judy Bruner, Lee David Weiner, Michael J Berry, Peter Kaes, Thomas E Schodorf, Timothy P Mcadam and Vii Lp Tcv. View Institutional Ownership Trends for Rapid7.

RPD stock was sold by a variety of institutional investors in the last quarter, including Nicholas Investment Partners LP, First Trust Advisors LP, Nicholas Company Inc., Chartwell Investment Partners LLC, Alliancebernstein L.P., Columbus Circle Investors, PNC Financial Services Group Inc. and GW&K Investment Management LLC. Company insiders that have sold Rapid7 company stock in the last year include Andrew F Burton, Christina Luconi, Corey E Thomas, Jeffrey Kalowski, Judy Bruner, Lee David Weiner, Michael J Berry, Peter Kaes, Thomas E Schodorf and Timothy P Mcadam. View Insider Buying and Selling for Rapid7.

RPD stock was acquired by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Raymond James & Associates, Raymond James Financial Services Advisors Inc., Standard Life Aberdeen plc, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Massachusetts Financial Services Co. MA, Bank of Montreal Can and Fred Alger Management LLC. View Insider Buying and Selling for Rapid7.

Shares of RPD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RPD stock can currently be purchased for approximately $52.99.

Rapid7 has a market capitalization of $2.62 billion and generates $326.95 million in revenue each year. The technology company earns $-53,850,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis. Rapid7 employs 1,246 workers across the globe.View Additional Information About Rapid7.

The official website for Rapid7 is http://www.rapid7.com/.

Rapid7's mailing address is 120 Causeway Street, Boston MA, 02114. The technology company can be reached via phone at 617-247-1717 or via email at [email protected]