Rapid7, Inc. (RPD)
NASDAQ: RPD · Real-Time Price · USD
42.44
+1.38 (3.36%)
Nov 21, 2024, 4:00 PM EST - Market closed
Rapid7 Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Rapid7 stock have an average target of 45.25, with a low estimate of 38 and a high estimate of 52. The average target predicts an increase of 6.62% from the current stock price of 42.44.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Rapid7 stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 3 | 3 | 2 | 1 | 1 | 0 |
| Hold | 10 | 10 | 11 | 12 | 12 | 13 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $35 → $39 | Hold | Maintains | $35 → $39 | -8.11% | Nov 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $40 → $42 | Hold | Maintains | $40 → $42 | -1.04% | Nov 7, 2024 |
| UBS | UBS | Strong Buy Maintains $59 → $52 | Strong Buy | Maintains | $59 → $52 | +22.53% | Nov 7, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $42 → $40 | Hold | Maintains | $42 → $40 | -5.75% | Nov 7, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $40 → $38 | Hold | Maintains | $40 → $38 | -10.46% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
847.47M
from 777.71M
Increased by 8.97%
Revenue Next Year
899.17M
from 847.47M
Increased by 6.10%
EPS This Year
2.27
from -2.46
EPS Next Year
2.36
from 2.27
Increased by 4.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 883.7M | 997.5M | 1.1B | ||
| Avg | 847.5M | 899.2M | 957.9M | ||
| Low | 818.3M | 855.2M | 889.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.6% | 17.7% | 24.0% | ||
| Avg | 9.0% | 6.1% | 6.5% | ||
| Low | 5.2% | 0.9% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.43 | 2.68 | 2.93 | ||
| Avg | 2.27 | 2.36 | 2.51 | ||
| Low | 2.11 | 2.15 | 2.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 18.1% | 24.0% | ||
| Avg | - | 4.1% | 6.4% | ||
| Low | - | -5.4% | -10.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.