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 Stock Performance

Shares of NASDAQ:RPD traded down $1.14 during midday trading on Wednesday, reaching $36.79. The company’s stock had a trading volume of 1,733,545 shares, compared to its average volume of 588,797. The firm has a 50 day moving average price of $39.71 and a two-hundred day moving average price of $38.88. Rapid7 has a fifty-two week low of $32.94 and a fifty-two week high of $61.79. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 58.40 and a beta of 0.96.

Rapid7 (NASDAQ:RPD) last posted its quarterly 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 negative return on equity of 128.95% and a net margin of 5.65%. As a group, research analysts anticipate that Rapid7 will post 0.98 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. UBS Group dropped their price target on shares of Rapid7 from $59.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. DA Davidson raised their target price on Rapid7 from $35.00 to $39.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Truist Financial decreased their price target on Rapid7 from $40.00 to $38.00 and set a “hold” rating for the company in a report on Thursday, November 7th. Citigroup dropped their price objective on Rapid7 from $50.00 to $46.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Finally, Piper Sandler cut their price objective on shares of Rapid7 from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Fifteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Rapid7 has an average rating of “Hold” and a consensus target price of $43.65.

Insider Activity at Rapid7

In other news, CEO Corey E. Thomas sold 100,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $39.38, for a total transaction of $3,938,000.00. Following the completion of the transaction, the chief executive officer now directly owns 431,469 shares in the company, valued at $16,991,249.22. The trade was a 18.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.60% of the stock is currently owned by corporate insiders.

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.