NASDAQ:RPD - Rapid7 Stock Price, Price Target & More

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

Rapid7 Inc (NASDAQ:RPD) issued its earnings results on Tuesday, May, 8th. The technology company reported ($0.15) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.02. The technology company had revenue of $54.52 million for the quarter, compared to analyst estimates of $52.23 million. Rapid7 had a negative net margin of 24.40% and a negative return on equity of 122.32%. The business's revenue was up 20.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.14) EPS. View Rapid7's Earnings History.

Rapid7 is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Rapid7.

Rapid7 updated its FY18 earnings guidance on Tuesday, May, 8th. The company provided EPS guidance of ($0.55-0.42) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.50). The company issued revenue guidance of $231-236.5 million, compared to the consensus revenue estimate of $233.15 million.Rapid7 also updated its Q2 guidance to ($0.21-0.18) EPS.

14 brokers have issued 1-year target prices for Rapid7's stock. Their forecasts range from $20.00 to $37.00. On average, they expect Rapid7's stock price to reach $31.5714 in the next twelve months. View Analyst Ratings for Rapid7.

Rapid7 saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 518,441 shares, a drop of 34.5% from the May 15th total of 791,514 shares. Based on an average daily volume of 403,826 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.5% of the company's shares are sold short.

Some companies that are related to Rapid7 include New Relic (NEWR), MuleSoft (MULE), Okta (OKTA), National Instruments (NATI), Twilio (TWLO), LogMeIn (LOGM), 2U (TWOU), HubSpot (HUBS), Ceridian HCM (CDAY), Blackbaud (BLKB), RealPage (RP), Medidata Solutions (MDSO), Nuance Communications (NUAN), Ellie Mae (ELLI) and BOX (BOX).

(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 acted as the underwriters for the IPO and Pacific Crest Securities, William Blair, Raymond James and Cowen and Company were co-managers.

Media stories about RPD stock have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rapid7 earned a coverage optimism score of 0.13 on Accern's scale. They also assigned media coverage about the technology company an impact score of 46.85 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Rapid7's stock is owned by many different of retail and institutional investors. Top institutional investors include TCV VII LP (7.80%), TCV VII LP (4.50%), BAIN CAPITAL VENTURE FUND 2007, L.P. Total Shares: 1,907,958 (4.10%), Wasatch Advisors Inc. (3.72%), BlackRock Inc. (3.36%) and Massachusetts Financial Services Co. MA (3.21%). Company insiders that own Rapid7 stock include Alan Matthews, Andrew F Burton, Bain Capital Venture Investors, Benjamin Nye, Corey E Thomas, Jay C Hoag, Jeffrey Kalowski, Lee David Weiner, Michael J Berry, Steven Gatoff, 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 Wasatch Advisors Inc., Cortina Asset Management LLC, Massachusetts Financial Services Co. MA, Frontier Capital Management Co. LLC, California State Teachers Retirement System, ETF Managers Group LLC, Millennium Management LLC and Suffolk Capital Management LLC. Company insiders that have sold Rapid7 company stock in the last year include Alan Matthews, Andrew F Burton, Bain Capital Venture Investors, Benjamin Nye, Corey E Thomas, Jay C Hoag, Jeffrey Kalowski, Lee David Weiner, Michael J Berry, Timothy P Mcadam and Vii Lp Tcv. View Insider Buying and Selling for Rapid7.

RPD stock was purchased by a variety of institutional investors in the last quarter, including Legal & General Group Plc, Loomis Sayles & Co. L P, GW&K Investment Management LLC, Federated Investors Inc. PA, Columbus Circle Investors, BlackRock Inc., Allianz Asset Management GmbH and Allianz Asset Management GmbH. 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, Scottrade, Fidelity and Charles Schwab.

One share of RPD stock can currently be purchased for approximately $33.25.

Rapid7 has a market capitalization of $1.55 billion and generates $200.94 million in revenue each year. The technology company earns $-45,470,000.00 in net income (profit) each year or ($1.05) on an earnings per share basis. Rapid7 employs 1,079 workers across the globe.

Rapid7's mailing address is 100 Summer Street, Boston MA, 02110. The technology company can be reached via phone at 617-247-1717 or via email at [email protected]