Rapid7 (NASDAQ:RPD) Trading Up 11.3% – Time to Buy?

Posted by Geri Gentry on Sep 16th, 2026

Rapid7, Inc. (NASDAQ:RPD – Get Free Report)’s stock price rose 11.3% during trading on Monday . The company traded as high as $11.40 and last traded at $11.4730. 287,134 shares were traded during mid-day trading, a decline of 86% from the average session volume of 2,113,224 shares. The stock had previously closed at $10.31.

Analyst Ratings Changes

RPD has been the topic of several recent research reports. Jefferies Financial Group restated a “hold” rating and set a $12.00 target price on shares of Rapid7 in a research report on Tuesday, August 11th. Robert W. Baird boosted their price objective on Rapid7 from $8.00 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Scotiabank upped their price objective on Rapid7 from $7.00 to $10.15 and gave the company a “sector perform” rating in a research report on Tuesday, August 11th. Susquehanna raised their price objective on Rapid7 from $7.00 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Finally, Barclays lifted their target price on Rapid7 from $6.50 to $12.00 and gave the stock an “underweight” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rapid7 currently has an average rating of “Reduce” and a consensus price target of $11.98.

View Our Latest Report on RPD

Rapid7 Price Performance

The stock has a 50 day moving average of $11.47 and a 200-day moving average of $8.39. 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 $839.80 million, a P/E ratio of 40.19 and a beta of 1.01.

Rapid7 (NASDAQ:RPD – Get Free Report) last announced its quarterly earnings data 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 return on equity of 27.89% and a net margin of 2.35%.The company had revenue of $210.88 million for the quarter, compared to the consensus estimate of $208.23 million. During the same quarter in the prior year, the company posted $0.58 EPS. Rapid7’s quarterly revenue was down 1.5% on a year-over-year basis. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. On average, equities research analysts anticipate that Rapid7, Inc. will post 0.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rapid7

Several large investors have recently added to or reduced their stakes in RPD. Bank of America Corp DE bought a new position in shares of Rapid7 during the second quarter valued at approximately $6,861,000. Bank of New York Mellon Corp bought a new position in Rapid7 in the second quarter worth approximately $3,844,000. Man Group plc bought a new position in Rapid7 in the second quarter worth approximately $3,409,000. Circumference Group LLC purchased a new stake in Rapid7 during the fourth quarter worth $3,800,000. Finally, Quantinno Capital Management LP lifted its holdings in Rapid7 by 776.1% during the first quarter. Quantinno Capital Management LP now owns 260,359 shares of the technology company’s stock worth $1,435,000 after buying an additional 230,641 shares during the period. 95.66% of the stock is owned by hedge funds and other institutional investors.

About Rapid7

(Get Free Report)

Rapid7, Inc (NASDAQ:RPD) is a cybersecurity company that helps organizations identify, assess and manage security risks across their IT environments. Its offerings are designed to provide visibility into vulnerabilities, endpoints, users, applications, cloud infrastructure and other technology assets, enabling customers to prioritize threats and respond to security incidents.

The company delivers many of its products through the Rapid7 Insight platform. Key offerings include InsightVM for vulnerability risk management, InsightIDR for security information and event detection and response, InsightCloudSec for cloud security and risk management, and InsightConnect for security orchestration and automation.