Rapid7 - RPD Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rapid7 in the last twelve months. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RPD shares.
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14 brokers have issued 1 year price objectives for Rapid7's stock. Their RPD share price forecasts range from $78.00 to $160.00. On average, they predict the company's stock price to reach $106.36 in the next twelve months. This suggests a possible upside of 58.7% from the stock's current price.
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Rapid7's stock was trading at $117.69 at the start of the year. Since then, RPD shares have decreased by 43.1% and is now trading at $67.01.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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Rapid7, Inc. (NASDAQ:RPD) posted its quarterly earnings data on Wednesday, November, 3rd. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.56) by $0.62. The technology company earned $139.89 million during the quarter, compared to analyst estimates of $134.22 million. During the same period last year, the company posted ($0.34) EPS.

Rapid7 updated its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $0.03-$0.06 for the period, compared to the consensus EPS estimate of $0.14. The company issued revenue guidance of $175.00 million-$177.00 million, compared to the consensus revenue estimate of $177.81 million.

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.

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).

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

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

Rapid7's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (3.50%), Pictet Asset Management SA (2.97%), Loomis Sayles & Co. L P (1.94%), Mirae Asset Global Investments Co. Ltd. (1.25%), Stephens Investment Management Group LLC (1.14%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.92%). Insiders that own company stock include Andrew F Burton, Benjamin Holzman, Christina Luconi, Corey E Thomas, Jeffrey Kalowski, Judy Bruner, Lee David Weiner, Michael J Berry, Peter Kaes, Thomas E Schodorf, Thomas E Schodorf and Timothy M Adams.
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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.
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One share of RPD stock can currently be purchased for approximately $67.01.

Rapid7 (NASDAQ:RPD) has a market capitalization of $3.90 billion and generates $535.40 million in revenue each year. The technology company earns $-146,330,000.00 in net income (profit) each year or ($2.92) on an earnings per share basis.

The company employs 2,353 workers across the globe.

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.