Rapid7 (NASDAQ:RPD) Issues Q1 2025 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.330-0.360 for the period, compared to the consensus estimate of 0.550. The company issued revenue guidance of $207.0 million-$209.0 million, compared to the consensus revenue estimate of $214.4 million. Rapid7 also updated its FY 2025 guidance to 1.720-1.850 EPS.

Rapid7 Trading Up 0.7 %

NASDAQ RPD traded up $0.24 during trading hours on Friday, reaching $35.06. 234,057 shares of the company traded hands, compared to its average volume of 615,892. Rapid7 has a 12 month low of $32.94 and a 12 month high of $61.79. The company has a 50 day moving average of $39.39 and a two-hundred day moving average of $38.84. The stock has a market capitalization of $2.22 billion, a PE ratio of 55.64 and a beta of 0.96.

Rapid7 (NASDAQ:RPD) last issued its earnings results on Wednesday, February 12th. The technology company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.38). Rapid7 had a net margin of 5.65% and a negative return on equity of 128.95%. On average, equities research analysts anticipate that Rapid7 will post 0.98 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Barclays dropped their price target on Rapid7 from $43.00 to $35.00 and set an “equal weight” rating on the stock in a report on Thursday. Citigroup cut their target price on Rapid7 from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Thursday. StockNews.com lowered Rapid7 from a “buy” rating to a “hold” rating in a research report on Thursday. Scotiabank cut their price objective on Rapid7 from $42.00 to $38.00 and set a “sector perform” rating on the stock in a report on Thursday. Finally, Truist Financial dropped their target price on shares of Rapid7 from $38.00 to $35.00 and set a “hold” rating on the stock in a research report on Thursday. Sixteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Rapid7 has a consensus rating of “Hold” and a consensus price target of $41.22.

Insiders Place Their Bets

In other Rapid7 news, CEO Corey E. Thomas sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $39.38, for a total value of $3,938,000.00. Following the completion of the transaction, the chief executive officer now owns 431,469 shares of the company’s stock, valued at $16,991,249.22. This represents a 18.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 2.60% of the company’s stock.

About Rapid7

Rapid7, Inc provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brand names. The company offers endpoint to cloud data collection and sharing applications, such as Rapid7 Insight Agent, a software-based agent that is used on assets across on-premises and cloud environments to centralize and monitor data on company's platform; Rapid7 Insight Network Sensor that analyzes raw end-to-end network traffic to increase visibility into user activity, pinpoint real threats, and investigations; Rapid7 Cloud Event Data Harvesting that offers visibility into changes made to cloud resources; and third-party integrations and ecosystem, as well as orchestration and automation solutions.