Wall Street Zen Upgrades Rapid7 (NASDAQ:RPD) to Buy

Rapid7 (NASDAQ:RPD) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

A number of other equities research analysts have also recently commented on RPD. Zacks Research cut shares of Rapid7 from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. Truist Financial cut their target price on Rapid7 from $14.00 to $8.00 and set a “hold” rating on the stock in a research note on Wednesday, February 11th. Morgan Stanley set a $10.00 price target on Rapid7 in a research note on Thursday, February 12th. UBS Group reiterated a “neutral” rating and issued a $9.00 price objective on shares of Rapid7 in a report on Wednesday, February 11th. Finally, DA Davidson dropped their price target on shares of Rapid7 from $14.00 to $6.50 and set an “underperform” rating on the stock in a report on Wednesday, February 11th. Two research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $12.53.

Rapid7 Stock Performance

NASDAQ RPD opened at $6.31 on Friday. Rapid7 has a 12 month low of $5.92 and a 12 month high of $30.95. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 5.77. The stock’s fifty day moving average price is $9.10 and its 200-day moving average price is $14.28. The stock has a market cap of $415.77 million, a P/E ratio of 17.53 and a beta of 0.88.

Rapid7 (NASDAQ:RPD) last posted its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. The firm had revenue of $217.39 million during the quarter, compared to analyst estimates of $215.17 million. Rapid7 had a return on equity of 47.33% and a net margin of 2.72%.Rapid7’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.48 EPS. Rapid7 has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.290-0.320 EPS. As a group, equities analysts forecast that Rapid7 will post 0.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC lifted its position in shares of Rapid7 by 274.1% in the 4th quarter. Hsbc Holdings PLC now owns 159,688 shares of the technology company’s stock worth $2,446,000 after purchasing an additional 117,000 shares during the period. Invesco Ltd. boosted its position in Rapid7 by 41.3% during the 4th quarter. Invesco Ltd. now owns 116,097 shares of the technology company’s stock valued at $1,765,000 after acquiring an additional 33,952 shares in the last quarter. State of Tennessee Department of Treasury purchased a new stake in shares of Rapid7 during the 4th quarter worth $217,000. Mackenzie Financial Corp boosted its position in Rapid7 by 11.4% during the fourth quarter. Mackenzie Financial Corp now owns 75,679 shares of the technology company’s stock valued at $1,180,000 after purchasing an additional 7,742 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Rapid7 during the fourth quarter valued at about $276,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

About Rapid7

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7’s offering is its Insight platform, a unified, cloud-native security operations and analytics suite.