NASDAQ:RPD Rapid7 - RPD Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $51.47 +0.18 (+0.35%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$49.54▼$52.8350-Day Range$30.33▼$52.3252-Week Range$26.49▼$118.25Volume1.23 million shsAverage Volume1.40 million shsMarket Capitalization$3.05 billionP/E RatioN/ADividend YieldN/APrice Target$61.89 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Rapid7 MarketRank™ ForecastAnalyst RatingHold2.42 Rating ScoreUpside/Downside20.2% Upside$61.89 Price TargetShort InterestHealthy7.24% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.27Based on 13 Articles This WeekInsider TradingSelling Shares$3.92 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.87) to ($1.58) 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.2.29 out of 5 starsComputer And Technology Sector205th out of 612 stocksPrepackaged Software Industry59th out of 216 stocks 3.2 Analyst's Opinion Consensus RatingRapid7 has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 8 buy ratings, 11 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $61.89, Rapid7 has a forecasted upside of 20.2% from its current price of $51.47.Amount of Analyst CoverageRapid7 has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted7.24% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rapid7 has recently decreased by 7.94%, indicating that investor sentiment is improving 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 2.4 News and Social Media Coverage News SentimentRapid7 has a news sentiment score of 0.27. 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 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Rapid7 this week, compared to 3 articles on an average week.Search Interest6 people have searched for RPD on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Rapid7 to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rapid7 insiders have sold 5,131.23% more of their company's stock than they have bought. Specifically, they have bought $75,000.00 in company stock and sold $3,923,423.00 in 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 ($1.87) to ($1.58) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rapid7 is -18.78, 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 -18.78, 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 HeadlinesFebruary 8, 2023 | finance.yahoo.comRapid7 Announces Fourth Quarter and Full-Year 2022 Financial ResultsFebruary 8, 2023 | finance.yahoo.comRapid7 (RPD) Beats Q4 Earnings and Revenue EstimatesFebruary 8, 2023 | Masterworks (Ad)What Makes this Investment a Recommended Inflation Hedge?In June 2022, U.S. inflation reached 9.1%, a 40-year high. As a result, many investors are increasing their allocations to inflation hedging assets. One such asset that is seeing record demand is fine art. During periods where inflation was over 3%, art historically showed a 13.5% rate of appreciation – beating stocks, and real estate. With Masterworks, it's easy for anyone to invest in art. Get started today with a special link. **See important disclosures February 4, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Stock Price Down 4.1%February 3, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Price Target Raised to $60.00February 2, 2023 | finance.yahoo.comRapid7 (RPD) Surges 31.2%: Is This an Indication of Further Gains?February 1, 2023 | finance.yahoo.comShares of Boston cybersecurity firm Rapid7 jump on report of possible saleFebruary 1, 2023 | finance.yahoo.comRapid7 (RPD) Reports Next Week: Wall Street Expects Earnings GrowthFebruary 8, 2023 | Vantage Point (Ad)Don’t Let The Markets Break Your HeartEvery rose has its thorn, just like every market has its surprise. If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right, or anticipate massive trend reversals with A.I. January 23, 2023 | finance.yahoo.comIs It Time To Consider Buying Rapid7, Inc. (NASDAQ:RPD)?January 10, 2023 | finance.yahoo.comRapid7 to Report Fourth Quarter and Full Year 2022 Financial Results on February 8January 3, 2023 | finance.yahoo.comInvestors in Rapid7 (NASDAQ:RPD) from a year ago are still down 70%, even after 5.7% gain this past weekDecember 13, 2022 | finance.yahoo.comShould You Hold Rapid7 (RPD)?December 7, 2022 | finance.yahoo.comRapid7, Inc. (NASDAQ:RPD) insiders are still down US$176k after purchasing last year, recent gain helped regain some lossesDecember 2, 2022 | finance.yahoo.comDoes Rapid7 (RPD) Have the Potential to Rally 100% as Wall Street Analysts Expect?November 30, 2022 | finance.yahoo.comRapid7 Unites Risk and Threat Detection in the Cloud at AWS re:Invent 2022November 21, 2022 | finance.yahoo.comIs Rapid7 (RPD) a Smart Investment Pick?November 16, 2022 | finance.yahoo.comSecurity Software Analyst Downgrades Rapid7 On Dismal Q3 PerformanceNovember 9, 2022 | finance.yahoo.comRapid7 (RPD) Loses 30% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerNovember 9, 2022 | finance.yahoo.comRapid7 Third Quarter 2022 Earnings: EPS Beats ExpectationsNovember 9, 2022 | finance.yahoo.comRapid7 MDR Excels in All New MITRE Engenuity ATT&CK Evaluations of Threat-Informed Defense CapabilitiesNovember 2, 2022 | finance.yahoo.comRapid7 (RPD) Q3 Earnings Top EstimatesNovember 2, 2022 | finance.yahoo.comRapid7 Announces Third Quarter 2022 Financial ResultsNovember 1, 2022 | finance.yahoo.comDo You Think Rapid7 (RPD) is Attractively Valued?October 18, 2022 | finance.yahoo.comAn Intrinsic Calculation For Rapid7, Inc. (NASDAQ:RPD) Suggests It's 50% UndervaluedOctober 18, 2022 | benzinga.com9 Analysts Have This to Say About Rapid7 - Rapid7 (NASDAQ:RPD) - BenzingaOctober 13, 2022 | bizjournals.comImmersive Labs gets former Rapid7 CMO, $66M in new funding - Boston Business Journal - The Business JournalsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings11/03/2021Today2/08/2023Next Earnings (Confirmed)2/08/2023Fiscal 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) 247-1717Fax617-507-6488Employees2,353Year FoundedN/APrice Target and Rating Average Stock Price Forecast$61.89 High Stock Price Forecast$130.00 Low Stock Price Forecast$34.00 Forecasted Upside/Downside+20.2%Consensus RatingHold Rating Score (0-4)2.42 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)($2.74) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-146,330,000.00 Net Margins-24.22% Pretax Margin-23.77% Return on EquityN/A Return on Assets-10.15% Debt Debt-to-Equity RatioN/A Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$535.40 million Price / Sales5.69 Cash FlowN/A Price / Cash FlowN/A Book Value($2.23) per share Price / Book-23.08Miscellaneous Outstanding Shares59,240,000Free Float57,577,000Market Cap$3.05 billion OptionableOptionable Beta1.13 Key ExecutivesCorey Eugene ThomasChairman & Chief Executive OfficerAndrew Frank BurtonPresident & Chief Operating OfficerTim AdamsChief Financial & Accounting OfficerTas GiakouminakisChief Technology OfficerJulian WaitsSVP & Executive in Residence-OperationsKey CompetitorsAppianNASDAQ:APPNMicroStrategyNASDAQ:MSTRACI WorldwideNASDAQ:ACIWVaronis SystemsNASDAQ:VRNSEngageSmartNYSE:ESMTView All CompetitorsInsiders & InstitutionsSwiss National BankBought 3,600 shares on 2/8/2023Ownership: 0.239%California Public Employees Retirement SystemSold 2,915 shares on 2/8/2023Ownership: 0.221%Raymond James & AssociatesSold 44,606 shares on 2/8/2023Ownership: 0.132%Russell Investments Group Ltd.Bought 28,299 shares on 2/8/2023Ownership: 0.062%Arizona State Retirement SystemBought 730 shares on 2/8/2023Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions RPD Stock - Frequently Asked Questions Should I buy or sell Rapid7 stock right now? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rapid7 in the last year. There are currently 11 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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? 19 Wall Street research analysts have issued 1-year price targets for Rapid7's shares. Their RPD share price forecasts range from $34.00 to $130.00. On average, they expect the company's stock price to reach $61.89 in the next twelve months. This suggests a possible upside of 20.2% 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 on January 1st, 2023. Since then, RPD stock has increased by 51.5% and is now trading at $51.47. 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, February 8th 2023. View our RPD earnings forecast. How were Rapid7's earnings last quarter? Rapid7, Inc. (NASDAQ:RPD) announced its quarterly earnings results on Wednesday, November, 3rd. The technology company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of ($0.56) by $0.62. The technology company had revenue of $139.89 million for the quarter, compared to analyst estimates of $134.22 million. During the same quarter last year, the firm posted ($0.34) earnings per share. What guidance has Rapid7 issued on next quarter's earnings? Rapid7 issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 8th. The company provided earnings per share guidance of $0.07-$0.10 for the period, compared to the consensus estimate of $0.07. The company issued revenue guidance of $180.00 million-$182.00 million, compared to the consensus revenue estimate of $185.70 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 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." Who are Rapid7's major shareholders? Rapid7's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Stephens Investment Management Group LLC (1.71%), Emerald Advisers LLC (0.65%), Emerald Mutual Fund Advisers Trust (0.51%), Mizuho Markets Americas LLC (0.29%), Stanley Laman Group Ltd. (0.26%) and IQ EQ FUND MANAGEMENT IRELAND Ltd (0.25%). 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 $51.47. How much money does Rapid7 make? Rapid7 (NASDAQ:RPD) has a market capitalization of $3.05 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 ($2.74) on an earnings per share basis. How many employees does Rapid7 have? The company employs 2,353 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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