Rapid7 Inc

Rapid7 Inc Stock Forecast & Price Prediction

Live Rapid7 Inc Stock (RPD) Price
$41.48

25

Ratings

  • Buy 9
  • Hold 16
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$41.48

P/E Ratio

59.46

Volume Traded Today

$679,404

Dividend

Dividends not available for RPD

52 Week High/low

61.88/32.95

Rapid7 Inc Market Cap

$2.63B

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RPD Summary

The Rapid7 Inc (RPD) share price is expected to increase by 4.66% over the next year. This is based on calculating the average 12-month share price estimate provided by 25 stock analysts who have covered RPD. Price targets range from $36 at the low end to $55 at the high end. The current analyst consensus for RPD is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

RPD Analyst Ratings

About 25 Wall Street analysts have assignedRPD 9 buy ratings, 16 hold ratings, and 0 sell ratings. This means that analysts expect Rapid7 Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on RPD. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

RPD stock forecast by analyst

These are the latest 20 analyst ratings of RPD.

Analyst/Firm

Rating

Price Target

Change

Date

Rob Owens
Piper Sandler

Neutral

$40

Maintains

Nov 7, 2024
Joel Fishbein
Truist Securities

Hold

$38

Maintains

Nov 7, 2024
Roger Boyd
UBS

Buy

$52

Maintains

Nov 7, 2024
Rudy Kessinger
DA Davidson

Neutral

$39

Maintains

Nov 7, 2024
Brian Essex
JP Morgan

Neutral

$42

Maintains

Nov 7, 2024
Joel Fishbein
Truist Securities

Hold

$40

Maintains

Oct 23, 2024
Joseph Gallo
Jefferies

Buy

$50

Initiates

Oct 16, 2024
Matthew Hedberg
RBC Capital

Sector Perform

$40

Downgrade

Sep 20, 2024
Alex Henderson
Needham

Hold


Reiterates

Aug 7, 2024
Rob Owens
Piper Sandler

Neutral

$42

Maintains

Aug 7, 2024
Roger Boyd
UBS

Buy

$59

Maintains

Aug 7, 2024
Brian Essex
JP Morgan

Neutral

$40

Maintains

Aug 7, 2024
Patrick Colville
Scotiabank

Sector Perform

$41

Maintains

Aug 7, 2024
Matthew Hedberg
RBC Capital

Outperform

$50

Reiterates

Aug 7, 2024
Brian Essex
JP Morgan

Neutral

$39

Maintains

Aug 2, 2024
Shrenik Kothari
Baird

Neutral

$45

Downgrade

Aug 1, 2024
Erin Wilson
Morgan Stanley

Equal-Weight

$46

Maintains

Jul 10, 2024
Anne Meisner
Susquehanna

Neutral

$40

Maintains

May 13, 2024
Alex Henderson
Needham

Hold


Reiterates

May 10, 2024
Saket Kalia
Barclays

Equal-Weight

$49

Maintains

May 8, 2024

RPD Company Information

What They Do: Provides comprehensive cybersecurity solutions.

Business Model: The company operates a subscription-based business model, generating revenue through its suite of cybersecurity solutions and managed services. It offers products for threat detection, vulnerability management, compliance, and application security, catering to a diverse range of industries, which ensures a steady stream of recurring revenues.

Other Information: Founded in 2000 and headquartered in Boston, Massachusetts, the company serves various sectors, including technology, finance, healthcare, and government. Its products facilitate endpoint to cloud data monitoring and threat response, positioning Rapid7 as a critical player in the cybersecurity landscape.
RPD
Rapid7 Inc (RPD)

When did it IPO

2015

Staff Count

2,228

Country

United States

Sector/Industry

Technology/Software - Infrastructure

CEO

Mr. Corey E. Thomas

Market Cap

$2.63B

Rapid7 Inc (RPD) Financial Data

In 2023, RPD generated $777.7M in revenue, which was a increase of 13.52% from the previous year. This can be seen as a signal that RPD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$411.5M

Revenue From 2021

$535.4M

30.11 %
From Previous Year

Revenue From 2022

$685.1M

27.96 %
From Previous Year

Revenue From 2023

$777.7M

13.52 %
From Previous Year
  • Revenue TTM $833.0M
  • Operating Margin TTM 6.6%
  • Gross profit TTM $546.0M
  • Return on assets TTM 1.9%
  • Return on equity TTM 126.3%
  • Profit Margin 5.6%
  • Book Value Per Share -0.10%
  • Market capitalisation $2.63B
  • Revenue for 2021 $535.4M
  • Revenue for 2022 $685.1M
  • Revenue for 2023 $777.7M
  • EPS this year (TTM) $0.70

Rapid7 Inc (RPD) Latest News

News Image

Sun, 08 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Rapid7, Inc. for potential breaches of fiduciary duty by its directors and management, which could impact shareholder interests.

Why It Matters - Rapid7 faces potential legal issues which may affect its stock performance and governance integrity, raising concerns about management accountability and investor confidence.

News Image

Mon, 09 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Rapid7, Inc. (NASDAQ:RPD) for potential breaches of fiduciary duty by its directors and management, which may impact shareholder interests.

Why It Matters - The investigation into Rapid7's board for potential fiduciary breaches raises concerns about corporate governance, which could impact stock performance and investor confidence.

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Rapid7, Inc. (NASDAQ:RPD) for potential breaches of fiduciary duty by its directors and management, which may impact shareholder interests.

Why It Matters - The investigation into Rapid7's board for potential fiduciary breaches could signal governance issues, impacting investor confidence and stock performance.

News Image

Fri, 06 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Rapid7, Inc. (NASDAQ:RPD) for potential breaches of fiduciary duty by its directors and management, which may affect shareholder interests.

Why It Matters - The investigation into Rapid7's board raises concerns about potential mismanagement and fiduciary breaches, which could impact shareholder value and stock performance.

News Image

Sat, 07 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Rapid7, Inc. (NASDAQ:RPD) for potential breaches of fiduciary duty by its directors and management, which may impact shareholder interests.

Why It Matters - The investigation into Rapid7's board for potential fiduciary breaches could signal governance issues, impacting investor confidence and potentially affecting the company's stock performance.

News Image

Mon, 02 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Rapid7, Inc. (NASDAQ:RPD) for potential fiduciary duty breaches by its directors and management, which may affect investor interests.

Why It Matters - The investigation into Rapid7's board for potential fiduciary breaches may signal governance issues, impacting investor confidence and stock performance.

...

RPD Frequently asked questions

The highest forecasted price for RPD is $55 from Nick Yako at Cowen & Co..

The lowest forecasted price for RPD is $36 from Gur Talpaz from Stifel

The RPD analyst ratings consensus are 9 buy ratings, 16 hold ratings, and 0 sell ratings.