Rapid7 (NASDAQ:RPD) Given New $12.00 Price Target at JPMorgan Chase & Co.

by · The Markets Daily

Rapid7 (NASDAQ:RPD – Get Free Report) had its price target boosted by research analysts at JPMorgan Chase & Co. from $7.00 to $12.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 17.67% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Mizuho lifted their price objective on shares of Rapid7 from $8.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Robert W. Baird increased their target price on Rapid7 from $8.00 to $10.00 and gave the company a “neutral” rating in a research report on Tuesday. Barclays increased their target price on Rapid7 from $6.50 to $12.00 and gave the company an “underweight” rating in a research report on Tuesday. Weiss Ratings reissued a “sell (d)” rating on shares of Rapid7 in a research report on Wednesday, June 24th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $12.00 price objective on shares of Rapid7 in a research note on Tuesday. Seventeen equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $10.59.

View Our Latest Stock Report on Rapid7

Rapid7 Stock Up 25.5%

Rapid7 stock traded up $2.97 during midday trading on Tuesday, hitting $14.58. 1,807,708 shares of the company’s stock were exchanged, compared to its average volume of 2,138,990. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.78 and a current ratio of 0.78. Rapid7 has a 12 month low of $4.97 and a 12 month high of $21.78. The firm has a 50-day moving average of $9.24 and a two-hundred day moving average of $7.95. The company has a market cap of $974.11 million, a PE ratio of 41.42 and a beta of 0.97.

Rapid7 (NASDAQ:RPD – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The technology company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.35 by $0.09. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The business had revenue of $210.88 million during the quarter, compared to analyst estimates of $208.23 million. During the same quarter in the previous year, the business posted $0.58 EPS. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. As a group, analysts expect that Rapid7 will post 0.63 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rapid7

A number of large investors have recently made changes to their positions in RPD. Pacer Advisors Inc. boosted its holdings in shares of Rapid7 by 24.3% in the 1st quarter. Pacer Advisors Inc. now owns 469,912 shares of the technology company’s stock valued at $2,589,000 after acquiring an additional 91,905 shares during the last quarter. Hsbc Holdings PLC lifted its position in Rapid7 by 274.1% during the fourth quarter. Hsbc Holdings PLC now owns 159,688 shares of the technology company’s stock valued at $2,446,000 after purchasing an additional 117,000 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in Rapid7 in the first quarter valued at $1,048,000. SG Americas Securities LLC boosted its holdings in Rapid7 by 32.4% in the first quarter. SG Americas Securities LLC now owns 817,649 shares of the technology company’s stock valued at $4,505,000 after purchasing an additional 200,033 shares during the last quarter. Finally, Circumference Group LLC acquired a new stake in Rapid7 during the 4th quarter worth about $3,800,000. 95.66% of the stock is owned by institutional investors and hedge funds.

Rapid7 News Roundup

Here are the key news stories impacting Rapid7 this week:

  • Positive Sentiment: Q2 earnings beat expectations. Rapid7 reported adjusted earnings of $0.44 per share, exceeding the $0.35 consensus estimate, while revenue of $210.9 million topped expectations of $208.2 million. Rapid7 Q2 Earnings and Revenues Top Estimates
  • Positive Sentiment: Profit guidance was raised relative to estimates. Rapid7 forecast third-quarter adjusted EPS of $0.44–$0.47, above the $0.38 analyst consensus. The outlook supports the view that restructuring and a greater focus on core security offerings may improve operating efficiency. RPD Q2 Deep Dive
  • Neutral Sentiment: Cash resources remain substantial. Rapid7 ended the quarter with approximately $425.6 million in cash and equivalents, although operating cash flow declined to $37.0 million. Rapid7 Announces Second Quarter 2026 Financial Results
  • Negative Sentiment: Growth and profitability remain concerns. Second-quarter revenue fell 1.5% year over year, earnings declined from $0.58 per share in the prior-year period, and the company’s third-quarter revenue guidance of $208 million–$210 million is slightly below the $210.5 million consensus.
  • Negative Sentiment: Analysts still see downside. Stephens raised its price target from $10 to $12 while maintaining an “equal weight” rating. Robert W. Baird lifted its target from $8 to $10 and kept a “neutral” rating. Both targets are below Rapid7’s recent trading level, signaling limited conviction despite the earnings beat. Benzinga Analyst Updates

About Rapid7

(Get Free Report)

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.

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