RPD Stock - Rapid7, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $844.01M | $777.71M | $685.08M | $535.40M | $411.49M |
| Gross Profit | $592.97M | $545.97M | $470.73M | $366.46M | $289.97M |
| Gross Margin | 70.3% | 70.2% | 68.7% | 68.4% | 70.5% |
| Operating Income | $35.03M | $-80,733,000 | $-111,614,000 | $-120,065,000 | $-74,099,000 |
| Net Income | $25.53M | $-149,260,000 | $-124,717,000 | $-146,334,000 | $-98,849,000 |
| Net Margin | 3.0% | -19.2% | -18.2% | -27.3% | -24.0% |
| EPS | $0.41 | $-2.46 | $-2.13 | $-2.65 | $-1.94 |
Rapid7, Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a solution that integrates posture management, workload protection, infrastructure entitlements management, infrastructure-as-code security, and Kubernetes protection; InsightVM, a vulnerability risk management solution that is designed to provide a way to collect vulnerability data, prioritize risk, and automate remediation; InsightAppSec, which provides application security testing that analyzes web applications for security vulnerabilities; and InsightConnect, a security orchestration and automation response solution that is used by security professionals. The company's other products include DivvyCloud, a cloud security posture management solution; Nexpose, an on-premises version of company's vulnerability risk management solution; AppSpider, an on-premises version of company's application security testing solution; and Metasploit, a penetration testing software solution, as well as professional services. It offers its products through term or perpetual software licenses, cloud-based subscriptions, and managed services. The company serves customers in a range of industries, including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government, and professional services industries through sales teams, and indirect channel partner relationships, as well as directly in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2000 and is headquartered in Boston, Massachusetts.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 18th 2025 | Berenberg | Initiation | Hold | $16 |
| November 5th 2025 | Jefferies | Downgrade | Hold | $19 |
| May 13th 2025 | DA Davidson | Downgrade | Underperform | $21 |
| April 1st 2025 | Stephens | Initiation | Equal Weight | $33 |
| March 18th 2025 | Morgan Stanley | Resumed | Equal Weight | - |
| January 17th 2025 | Stifel | Downgrade | Hold | $42← $48 |
| October 16th 2024 | Jefferies | Initiation | Buy | $50 |
| September 20th 2024 | RBC Capital Mkts | Downgrade | Sector Perform | - |
| August 7th 2024 | Canaccord Genuity | Upgrade | Buy | $43← $52 |
| August 1st 2024 | Robert W. Baird | Downgrade | Neutral | $45← $56 |
| April 26th 2024 | Scotiabank | Initiation | Sector Perform | $46 |
| January 29th 2024 | UBS | Upgrade | Buy | $70← $53 |
| January 9th 2024 | Citigroup | Upgrade | Buy | $65← $54 |
| December 15th 2023 | Susquehanna | Initiation | Neutral | $55 |
| November 3rd 2023 | Wolfe Research | Upgrade | Outperform | $56 |
Earnings History & Surprises
RPDEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 11, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $0.40 | — | — | — |
Q4 2025 | Nov 4, 2025 | $0.45 | $0.57 | +26.7% | ✓ BEAT |
Q3 2025 | Aug 7, 2025 | $0.44 | $0.58 | +31.8% | ✓ BEAT |
Q2 2025 | May 12, 2025 | $0.35 | $0.49 | +40.0% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $0.50 | $0.48 | -4.0% | ✗ MISS |
Q4 2024 | Nov 6, 2024 | $0.52 | $0.66 | +26.9% | ✓ BEAT |
Q3 2024 | Aug 6, 2024 | $0.52 | $0.58 | +11.5% | ✓ BEAT |
Q2 2024 | May 7, 2024 | $0.54 | $0.55 | +1.9% | ✓ BEAT |
Q1 2024 | Feb 7, 2024 | $0.48 | $0.72 | +50.0% | ✓ BEAT |
Q4 2023 | Nov 1, 2023 | $0.42 | $0.50 | +19.0% | ✓ BEAT |
Q3 2023 | Aug 8, 2023 | $0.11 | $0.18 | +63.6% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $0.08 | $0.16 | +100.0% | ✓ BEAT |
Q1 2023 | Feb 8, 2023 | $0.18 | $0.35 | +94.4% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.05 | $0.14 | +180.0% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $-0.01 | $-0.01 | -65.8% | ✗ MISS |
Q2 2022 | May 4, 2022 | $-0.16 | $-0.16 | 0.0% | = MET |
Q1 2022 | Feb 9, 2022 | $-0.18 | $-0.16 | +11.1% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $-0.06 | $0.06 | +200.0% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $0.03 | $0.07 | +165.9% | ✓ BEAT |
Latest News
Scotiabank Maintains Sector Perform on Rapid7, Lowers Price Target to $18
➖ NeutralJP Morgan Maintains Neutral on Rapid7, Lowers Price Target to $20
➖ NeutralBarclays Maintains Equal-Weight on Rapid7, Lowers Price Target to $18
📉 NegativeTruist Securities Maintains Hold on Rapid7, Lowers Price Target to $18
➖ NeutralPiper Sandler Maintains Neutral on Rapid7, Lowers Price Target to $19
📉 NegativeRapid7 drops on Q3 results, receives downgrade from Jefferies
📉 NegativeRapid7 shares are trading lower after the company reported Q3 financial results and issued Q4 sales guidance below estimates. Also, the company narrowed its FY25 sales EPS guidance with its midpoint below estimates.
📉 NegativeJefferies Downgrades Rapid7 to Hold, Lowers Price Target to $19
📉 NegativeRapid7 Appoints Rafe Brown As CFO, Effective Around Dec. 1
➖ NeutralRapid7 Raises FY2025 Adj EPS Guidance from $1.90-$2.03 to $2.02-$2.09 vs $1.97 Est; Narrows FY2025 Sales Guidance from $853.000M-$863.000M to $856.000M-$858.000M vs $858.626M Est
📈 PositiveRapid7 Sees Q4 Adj EPS $0.37-$0.44 vs $0.44 Est; Sees Sales $214.000M-$216.000M vs $217.951M Est
📉 NegativeRapid7 Q3 Adj. EPS $0.57 Beats $0.45 Estimate, Sales $217.960M Beat $215.932M Estimate
📈 PositiveRapid7 Collaborates With Microsoft To Enhance Detection, Response Throughout Microsoft Environments
📈 PositiveUBS Maintains Buy on Rapid7, Lowers Price Target to $29
➖ NeutralRapid7 Establishes UAE Presence With Dubai Office, Local Cloud Infrastructure And DESC Certification To Advance Cyber Resilience
📈 PositiveMorgan Stanley Maintains Equal-Weight on Rapid7, Lowers Price Target to $22
➖ NeutralCitigroup Maintains Buy on Rapid7, Lowers Price Target to $30
➖ NeutralFrequently Asked Questions about RPD
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