Rapid7 (NASDAQ:RPD) Lowered to Hold Rating by Wall Street Zen

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

RPD has been the subject of several other reports. Piper Sandler decreased their price objective on Rapid7 from $16.00 to $10.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Truist Financial cut their target price on shares of Rapid7 from $14.00 to $8.00 and set a “hold” rating on the stock in a report on Wednesday, February 11th. Barclays reduced their price target on shares of Rapid7 from $15.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 12th. Scotiabank decreased their price target on shares of Rapid7 from $18.00 to $9.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 11th. Finally, Citigroup lowered their price objective on shares of Rapid7 from $15.00 to $11.50 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Two analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $12.53.

Rapid7 Trading Down 7.5%

NASDAQ RPD opened at $5.27 on Friday. The firm’s fifty day moving average price is $8.33 and its 200 day moving average price is $13.73. Rapid7 has a 12 month low of $5.24 and a 12 month high of $28.69. The company has a debt-to-equity ratio of 5.77, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market capitalization of $347.24 million, a price-to-earnings ratio of 14.64 and a beta of 0.88.

Rapid7 (NASDAQ:RPD) last posted its earnings results on Tuesday, February 10th. The technology company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. The business had revenue of $217.39 million during the quarter, compared to the consensus estimate of $215.17 million. Rapid7 had a return on equity of 47.33% and a net margin of 2.72%.The business’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the business 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. On average, sell-side analysts expect that Rapid7 will post 0.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Rapid7 by 114.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,136,438 shares of the technology company’s stock worth $49,409,000 after purchasing an additional 1,142,148 shares during the period. LSV Asset Management purchased a new position in Rapid7 in the 3rd quarter valued at $14,719,000. JANA Partners Management LP increased its stake in Rapid7 by 13.5% in the 3rd quarter. JANA Partners Management LP now owns 6,502,108 shares of the technology company’s stock valued at $121,915,000 after buying an additional 772,194 shares during the period. First Trust Advisors LP increased its stake in Rapid7 by 48.3% in the 4th quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after buying an additional 758,009 shares during the period. Finally, Vanguard Group Inc. raised its position in Rapid7 by 7.6% during the 4th quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock worth $140,961,000 after buying an additional 653,498 shares during the last quarter. Institutional investors and hedge funds own 95.66% of the company’s stock.

Rapid7 Company Profile

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.