NASDAQ:RPD

Rapid7 - RPD Price Target & Analyst Ratings

$39.59

-0.90 (-2.22%)

(As of 03/24/2023 02:09 PM ET)

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Today's Range: $39.11
▼
$40.49
50-Day Range: $32.96
▼
$52.32
52-Week Range: $26.49
▼
$118.25

Volume: 185,640 shs
Average Volume: 1.09 million shs
Market Capitalization: $2.38 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $61.89

Institutional Ownership

Rapid7 Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 19 Analyst Ratings

Consensus Analyst Price Target

$61.89
56.32% Upside

High Prediction	$130.00
Average Prediction	$61.89
Low Prediction	$34.00

Type	Current 3/24/22 to 3/24/23	1 Month Ago 2/22/22 to 2/22/23	3 Months Ago 12/24/21 to 12/24/22	1 Year Ago 3/24/21 to 3/24/22
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	8 Buy rating(s)	12 Buy rating(s)
Hold	13 Hold rating(s)	13 Hold rating(s)	9 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$61.89	$61.89	$67.63	$133.86
Predicted Upside	56.32% Upside	15.29% Upside	33.42% Upside	18.83% Upside

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RPD Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RPD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Rapid7 Stock vs. The Competition

Type	Rapid7	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.32	2.54	2.47
Consensus Rating	Hold	Buy	Hold
Predicted Upside	52.85% Upside	254.23% Upside	24.65% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/9/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$60.00	+11.94%
2/9/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$44.00 ➝ $48.00	-6.74%
2/9/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$40.00 ➝ $45.00	-12.57%
2/9/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$58.00 ➝ $56.00	+8.80%
2/9/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$50.00 ➝ $55.00	+6.86%
2/9/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$37.00 ➝ $58.00	+12.69%

2/9/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$45.00 ➝ $52.00	+1.03%
2/9/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$55.00 ➝ $52.00	+1.03%
1/24/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$38.00	+4.34%
1/12/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Kessinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$34.00	-0.53%
11/3/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
11/3/2022	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$80.00 ➝ $40.00	+2.38%
10/27/2022	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
10/24/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$86.00 ➝ $57.00	+30.91%
10/20/2022	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Hold	$44.00	-2.85%
9/23/2022	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
8/4/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$80.00 ➝ $78.00	+8.67%
5/5/2022	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Ho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
4/12/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$130.00	+16.12%
11/4/2021	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$140.00 ➝ $160.00	+24.22%
9/23/2021	FBN Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$140.00	+17.57%
1/19/2021	Monness Crespi & Hardt Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$77.00 ➝ $100.00	+14.71%
4/21/2020	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$70.00 ➝ $55.00	+26.23%

(Data available from 3/24/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

RPD Price Target - Frequently Asked Questions

What is Rapid7's consensus rating and price target?: According to the issued ratings of 19 analysts in the last year, the consensus rating for Rapid7 stock is Hold based on the current 13 hold ratings and 6 buy ratings for RPD. The average twelve-month price prediction for Rapid7 is $61.89 with a high price target of $130.00 and a low price target of $34.00. Learn more on RPD's analyst rating history.
Do Wall Street analysts like Rapid7 more than its competitors?: Analysts like Rapid7 less than other Computer and Technology companies. The consensus rating for Rapid7 is Hold while the average consensus rating for computer and technology companies is Buy. Learn more on how RPD compares to other companies.
Is Rapid7 being downgraded by Wall Street analysts?: Over the previous 90 days, Rapid7's stock had 3 downgrades by analysts.

Does Rapid7's stock price have much upside?: According to analysts, Rapid7's stock has a predicted upside of 15.29% based on their 12-month price targets.
What analysts cover Rapid7?: Rapid7 has been rated by Barclays, Canaccord Genuity Group, DA Davidson, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Piper Sandler, Raymond James, Robert W. Baird, and Royal Bank of Canada in the past 90 days.

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This page (NASDAQ:RPD) was last updated on 3/24/2023 by MarketBeat.com Staff

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