Rapid7 (NASDAQ:RPD) Updates FY 2025 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.720-1.850 for the period, compared to the consensus EPS estimate of 2.330. The company issued revenue guidance of $860.0 million-$870.0 million, compared to the consensus revenue estimate of $886.3 million. Rapid7 also updated its Q1 2025 guidance to 0.330-0.360 EPS.

Rapid7 Stock Performance

RPD traded down $2.01 during trading on Thursday, reaching $34.78. 837,996 shares of the company traded hands, compared to its average volume of 595,309. The company has a market cap of $2.20 billion, a P/E ratio of 55.17 and a beta of 0.96. The firm has a fifty day simple moving average of $39.57 and a 200 day simple moving average of $38.87. Rapid7 has a 12-month low of $32.94 and a 12-month high of $61.79.

Rapid7 (NASDAQ:RPD) last issued its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.12 earnings per share 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%. As a group, sell-side analysts expect that Rapid7 will post 0.98 earnings per share for the current fiscal year.

Analysts Set New Price Targets

RPD has been the topic of several analyst reports. Citigroup decreased their target price on Rapid7 from $50.00 to $46.00 and set a “buy” rating for the company in a research report on Friday, January 17th. Scotiabank upped their target price on shares of Rapid7 from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 21st. Robert W. Baird decreased their price objective on Rapid7 from $43.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday. Truist Financial lowered their target price on Rapid7 from $38.00 to $35.00 and set a “hold” rating for the company in a report on Thursday. Finally, UBS Group lowered their price target on shares of Rapid7 from $52.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday. Fifteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $41.56.

Insiders Place Their Bets

In other news, CEO Corey E. Thomas sold 100,000 shares of the stock in a transaction dated 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 sale, the chief executive officer now directly 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 through this link. 2.60% of the stock is owned by 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.