NASDAQ:RPD - Rapid7 Stock Price, Forecast & News

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

Rapid7 Inc (NASDAQ:RPD) posted its quarterly earnings data on Monday, February, 10th. The technology company reported $0.03 earnings per share (EPS) 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 the consensus estimate of $88.21 million. The business's revenue for the quarter was up 33.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.05) EPS. 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 updated 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 estimate of $0.27. The company issued revenue guidance of $396-404 million, compared to the consensus revenue estimate of $395.24 million.

18 Wall Street analysts have issued 12 month price objectives 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 20.2% 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.

Press coverage about RPD stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rapid7 earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Rapid7.

Based on aggregate information from My MarketBeat watchlists, some companies that other Rapid7 investors own include CA (CA), BlackRock (BLK), Micron Technology (MU), 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 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.

Rapid7's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Pictet Asset Management Ltd. (2.22%), State Street Corp (2.07%), Massachusetts Financial Services Co. MA (1.82%), Fred Alger Management LLC (1.80%), GW&K Investment Management LLC (1.64%) and Columbus Circle Investors (1.50%). 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, Columbus Circle Investors, PNC Financial Services Group Inc., GW&K Investment Management LLC and Dynamic Technology Lab Private Ltd. 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 acquired by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Raymond James & Associates, Raymond James Financial Services Advisors Inc., BNP PARIBAS ASSET MANAGEMENT Holding S.A., Massachusetts Financial Services Co. MA, Bank of Montreal Can, Fred Alger Management LLC and Knights of Columbus Asset Advisors 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 $55.23.