NASDAQ:RPD - Rapid7 Stock Price, Forecast & News

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

Rapid7 Inc (NASDAQ:RPD) released its quarterly earnings results on Monday, February, 10th. The technology company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.04. The technology company had revenue of $91.65 million for the quarter, compared to analysts' expectations of $88.21 million. Rapid7 had a negative net margin of 16.47% and a negative return on equity of 41.54%. The business's quarterly revenue was up 33.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.05) earnings per share. 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 issued an update on its FY20 earnings guidance on Monday, February, 10th. The company provided earnings per share guidance of $0.11-0.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.27. The company issued revenue guidance of $396-404 million, compared to the consensus revenue estimate of $395.24 million.

18 analysts have issued twelve-month price targets for Rapid7's stock. Their forecasts range from $52.00 to $75.00. On average, they expect Rapid7's share price to reach $66.41 in the next year. This suggests a possible upside of 36.9% 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.

News coverage about RPD stock has been trending negative on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rapid7 earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Rapid7.

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

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 $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 purchased 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 $48.50.

Rapid7 has a market capitalization of $2.39 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]