Rapid7 (NASDAQ:RPD) Shares Down 5.6% – Here’s Why

Posted by George Bondi on Sep 3rd, 2026

Rapid7, Inc. (NASDAQ:RPD – Get Free Report)’s stock price traded down 5.6% on Tuesday . The stock traded as low as $12.72 and last traded at $12.7120. 128,581 shares traded hands during trading, a decline of 94% from the average session volume of 2,122,356 shares. The stock had previously closed at $13.46.

Wall Street Analyst Weigh In

A number of research analysts recently commented on RPD shares. Barclays increased their target price on shares of Rapid7 from $6.50 to $12.00 and gave the company an “underweight” rating in a research report on Tuesday, August 11th. Raymond James Financial restated an “outperform” rating and issued a $15.00 price objective on shares of Rapid7 in a research note on Tuesday, August 11th. Royal Bank Of Canada raised their price objective on Rapid7 from $11.00 to $12.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 11th. Morgan Stanley cut Rapid7 from an “equal weight” rating to an “underweight” rating and set a $9.00 target price on the stock. in a research report on Tuesday, July 21st. Finally, UBS Group boosted their target price on Rapid7 from $7.00 to $12.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $11.98.

Read Our Latest Report on Rapid7

Rapid7 Trading Down 7.8%

The company has a 50 day simple moving average of $11.06 and a 200 day simple moving average of $8.11. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $746.12 million, a PE ratio of 35.71 and a beta of 1.01.

Rapid7 (NASDAQ:RPD – Get Free Report) last announced its earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.09. The company had revenue of $210.88 million for the quarter, compared to the consensus estimate of $208.23 million. Rapid7 had a return on equity of 27.89% and a net margin of 2.35%.The company’s revenue was down 1.5% on a year-over-year basis. During the same period last year, the business posted $0.58 EPS. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. Analysts predict that Rapid7, Inc. will post 0.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rapid7

Several institutional investors have recently bought and sold shares of RPD. Parallel Advisors LLC lifted its stake in shares of Rapid7 by 108.8% in the 1st quarter. Parallel Advisors LLC now owns 6,340 shares of the technology company’s stock worth $35,000 after acquiring an additional 3,304 shares during the period. Allworth Financial LP purchased a new stake in shares of Rapid7 in the second quarter valued at about $42,000. Headlands Technologies LLC acquired a new position in shares of Rapid7 during the second quarter worth about $44,000. GAMMA Investing LLC increased its stake in shares of Rapid7 by 20.6% during the second quarter. GAMMA Investing LLC now owns 5,866 shares of the technology company’s stock worth $48,000 after acquiring an additional 1,000 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new position in Rapid7 during the fourth quarter worth about $71,000. 95.66% of the stock is owned by institutional investors and hedge funds.

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.