Rapid7 (NASDAQ:RPD) Shares Gap Down – What’s Next?

Posted by George Bondi on Jul 11th, 2026

Rapid7, Inc. (NASDAQ:RPD – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $11.48, but opened at $11.02. Rapid7 shares last traded at $11.21, with a volume of 581,102 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on RPD. Robert W. Baird set a $8.00 price target on shares of Rapid7 in a research report on Wednesday, May 6th. Raymond James Financial set a $8.00 price target on shares of Rapid7 in a report on Wednesday, May 6th. Mizuho decreased their price objective on Rapid7 from $12.00 to $8.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Stifel Nicolaus decreased their price objective on Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Finally, William Blair lowered Rapid7 from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $8.71.

Read Our Latest Report on Rapid7

Rapid7 Price Performance

The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.69. The business’s 50-day simple moving average is $7.63 and its two-hundred day simple moving average is $8.53. The firm has a market cap of $746.49 million, a price-to-earnings ratio of 31.92 and a beta of 1.01.

Rapid7 (NASDAQ:RPD – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.06. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The firm had revenue of $209.69 million for the quarter, compared to the consensus estimate of $207.94 million. During the same quarter in the previous year, the company earned $0.49 EPS. The company’s revenue for the quarter was down .3% on a year-over-year basis. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. As a group, research analysts expect that Rapid7, Inc. will post 0.63 EPS for the current fiscal year.

Institutional Trading of Rapid7

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Rapid7 by 7.6% in the 4th quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock worth $140,961,000 after acquiring an additional 653,498 shares in the last quarter. JANA Partners Management LP boosted its position in shares of Rapid7 by 13.5% during 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 purchasing an additional 772,194 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Rapid7 by 48.3% during 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 purchasing an additional 758,009 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Rapid7 by 1.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,876 shares of the technology company’s stock worth $40,716,000 after purchasing an additional 34,438 shares during the period. Finally, Geode Capital Management LLC grew its stake in Rapid7 by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 1,462,653 shares of the technology company’s stock worth $22,236,000 after purchasing an additional 78,448 shares during the period. Institutional investors own 95.66% of the company’s stock.

Rapid7 Company Profile

(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.