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. $40.29 -0.20 (-0.49%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$39.11▼$40.4950-Day Range$32.96▼$52.3252-Week Range$26.49▼$118.25Volume374,225 shsAverage Volume841,239 shsMarket Capitalization$2.42 billionP/E RatioN/ADividend YieldN/APrice Target$61.89 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Rapid7 MarketRank™ ForecastAnalyst RatingHold2.32 Rating ScoreUpside/Downside53.6% Upside$61.89 Price TargetShort InterestHealthy6.93% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.38Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.17) to ($1.03) 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.2.42 out of 5 starsComputer And Technology Sector208th out of 612 stocksPrepackaged Software Industry68th out of 213 stocks 4.2 Analyst's Opinion Consensus RatingRapid7 has received a consensus rating of Hold. The company's average rating score is 2.32, and is based on 6 buy ratings, 13 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $61.89, Rapid7 has a forecasted upside of 53.6% from its current price of $40.29.Amount of Analyst CoverageRapid7 has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted6.93% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rapid7 has recently decreased by 7.96%, 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 0.38. 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 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Rapid7 this week, compared to 3 articles on an average week.Search Interest22 people have searched for RPD on MarketBeat in the last 30 days. This is an increase of 144% compared to the previous 30 days.MarketBeat Follows4 people have added Rapid7 to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rapid7 insiders have not sold or bought any 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 ($1.17) to ($1.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rapid7 is -18.83, 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 -18.83, 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 HeadlinesMarch 19, 2023 | americanbankingnews.comRapid7, Inc. (NASDAQ:RPD) Receives $56.38 Consensus Price Target from BrokeragesMarch 18, 2023 | americanbankingnews.comRapid7 (NASDAQ:RPD) Stock Price Down 7.4%March 25, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 15, 2023 | finance.yahoo.comRapid7 Acquires Minerva Labs to Extend Leading Managed Detection and Response Service with Ransomware Prevention TechnologyFebruary 28, 2023 | finance.yahoo.comRapid7 Vulnerability Intelligence Report Shows Attackers Developing and Deploying Exploits Faster Than EverFebruary 17, 2023 | finance.yahoo.comWall Street Analysts Predict a 25.57% Upside in Rapid7 (RPD): Here's What You Should KnowFebruary 13, 2023 | finance.yahoo.comRapid7 and USF Partner to Establish the Rapid7 Cyber Threat Intelligence LabFebruary 8, 2023 | finance.yahoo.comRapid7 Announces Fourth Quarter and Full-Year 2022 Financial ResultsMarch 25, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!February 8, 2023 | finance.yahoo.comRapid7 (RPD) Beats Q4 Earnings and Revenue EstimatesFebruary 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 GrowthJanuary 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 ResultsSee 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 Earnings2/08/2023Today3/25/2023Next Earnings (Estimated)5/03/2023Fiscal 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) 247-1717Fax617-507-6488Employees2,623Year 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+53.6%Consensus RatingHold Rating Score (0-4)2.32 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)($2.14) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,720,000.00 Net Margins-18.20% Pretax Margin-17.85% Return on EquityN/A Return on Assets-7.40% Debt Debt-to-Equity RatioN/A Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$685.08 million Price / Sales3.53 Cash FlowN/A Price / Cash FlowN/A Book Value($2.03) per share Price / Book-19.85Miscellaneous Outstanding Shares60,040,000Free Float58,360,000Market Cap$2.42 billion OptionableOptionable Beta1.13 Key ExecutivesCorey Eugene ThomasChairman & Chief Executive OfficerAndrew Frank BurtonPresident & Chief Operating OfficerTim AdamsChief Financial & Accounting OfficerTas GiakouminakisChief Technology OfficerRichard PerkettSenior Vice President-Detection & ResponseKey CompetitorsCommvault SystemsNASDAQ:CVLTnCinoNASDAQ:NCNOProgress SoftwareNASDAQ:PRGSC3.aiNYSE:AISmead Value FundNASDAQ:SVFCXView All CompetitorsInsiders & InstitutionsETF Managers Group LLCBought 16,331 shares on 3/23/2023Ownership: 0.540%Voya Investment Management LLCSold 582,228 shares on 2/28/2023Ownership: 0.037%Parallax Volatility Advisers L.P.Bought 16,809 shares on 2/27/2023Ownership: 0.028%NatixisBought 141,857 shares on 2/24/2023Ownership: 0.776%Macquarie Group Ltd.Bought 10,283 shares on 2/21/2023Ownership: 2.142%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 13 hold ratings and 6 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 analysts have issued 12 month price targets for Rapid7's shares. Their RPD share price forecasts range from $34.00 to $130.00. On average, they predict the company's stock price to reach $61.89 in the next twelve months. This suggests a possible upside of 53.6% 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 at the start of the year. Since then, RPD stock has increased by 18.6% and is now trading at $40.29. 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, May 3rd 2023. View our RPD earnings forecast. How were Rapid7's earnings last quarter? Rapid7, Inc. (NASDAQ:RPD) released its quarterly earnings results on Wednesday, February, 8th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.29) by $0.19. The technology company earned $184.48 million during the quarter, compared to analysts' expectations of $179.33 million. What ETFs hold Rapid7's stock? ETFs with the largest weight of Rapid7 (NASDAQ:RPD) stock in their portfolio include Global X Cybersecurity ETF (BUG), WisdomTree Cybersecurity Fund (WCBR), SPDR Kensho Future Security ETF (FITE), Invesco Dynamic Networking ETF (PXQ), iShares Cybersecurity and Tech ETF (IHAK), First Trust Nasdaq Cybersecurity ETF (CIBR), AXS Green Alpha ETF (NXTE) and ROBO Global Artificial Intelligence ETF (THNQ). 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 (EPS) guidance of $0.07-$0.10 for the period, compared to the consensus earnings per share 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 initial public offering 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 acted 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 variety of institutional and retail investors. Top institutional shareholders include First Trust Advisors LP (3.98%), Alyeska Investment Group L.P. (3.78%), Mirae Asset Global Investments Co. Ltd. (2.26%), Macquarie Group Ltd. (2.14%), GW&K Investment Management LLC (1.96%) and Geode Capital Management LLC (1.87%). 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 $40.29. How much money does Rapid7 make? Rapid7 (NASDAQ:RPD) has a market capitalization of $2.42 billion and generates $685.08 million in revenue each year. The technology company earns $-124,720,000.00 in net income (profit) each year or ($2.14) on an earnings per share basis. How many employees does Rapid7 have? The company employs 2,623 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 3/25/2023 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. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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