Rapid7, Inc. (RPD)

NASDAQ: RPD · IEX Real-Time Price · USD
42.72
-0.45 (-1.04%)
At close: Jul 2, 2024, 4:00 PM
42.90
+0.18 (0.42%)
After-hours: Jul 2, 2024, 5:19 PM EDT
-1.04%
Market Cap 2.66B
Revenue (ttm) 799.63M
Net Income (ttm) -121.09M
Shares Out 62.32M
EPS (ttm) -1.98
PE Ratio n/a
Forward PE 19.52
Dividend n/a
Ex-Dividend Date n/a
Volume 534,872
Open 43.03
Previous Close 43.17
Day's Range 42.29 - 43.72
52-Week Range 35.08 - 61.88
Beta 0.98
Analysts Buy
Price Target 51.73 (+21.09%)
Earnings Date Aug 6, 2024

About RPD

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 th... [Read more]

Sector Technology
IPO Date Jul 17, 2015
Employees 2,228
Stock Exchange NASDAQ
Ticker Symbol RPD
Full Company Profile

Financial Performance

In 2023, Rapid7's revenue was $777.71 million, an increase of 13.52% compared to the previous year's $685.08 million. Losses were -$149.26 million, 19.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for RPD stock is "Buy." The 12-month stock price forecast is $51.73, which is an increase of 21.09% from the latest price.

Price Target
$51.73
(21.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rapid7 Completes IRAP PROTECTED Assessment

MELBOURNE, Australia, July 02, 2024 (GLOBE NEWSWIRE) -- Rapid7, a leader in extended risk and threat detection, has announced the successful completion of an Information Security Registered Assessors ...

5 hours ago - GlobeNewsWire

RPD INVESTOR INQUIRY: BFA Law Alerts Rapid7, Inc. (Nasdaq:RPD) Investors that it is Investigating the Potential Acquisition, and Urges Shareholders to Contact the Firm

NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (Nasdaq:RPD) If you are a shareholder of Rapid7, you are e...

14 hours ago - Accesswire

Rapid7 Agrees to Acquire Cyber Asset Attack Surface Management Company, Noetic Cyber, to Give Customers More Comprehensive Visibility of Their Attack Surface

BOSTON, July 01, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced it has signed a definitive agreement to acquire Noetic Cyber , an ...

1 day ago - GlobeNewsWire

RPD INVESTIGATION NOTIFICATION: BFA Law Notifies Rapid7, Inc. (Nasdaq:RPD) Investors that it is Investigating the Potential Acquisition, and Urges Shareholders to Contact Us

Shareholders of Rapid7 are encouraged to contact BFA Law about its investigation into potential claims for breach of fiduciary duty against Rapid7, Inc.

1 day ago - GlobeNewsWire

RPD INVESTIGATION ALERT: BFA Law Informs Rapid7, Inc. (Nasdaq:RPD) Investors that it is Investigating the Potential Acquisition, and Urges Shareholders to Contact Us

nNEW YORK, NY / ACCESSWIRE / June 30, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (Nasdaq:RPD) If you are a shareholder of Rapid7, you are...

2 days ago - Accesswire

Activist Jana has a stake in Rapid7. There are two paths to bolster value at the cybersecurity company

In a situation like this, there are typically two paths to boost shareholder value, including a potential overhaul of management

3 days ago - CNBC

RPD INVESTIGATION NOTICE: BFA Law Alerts Rapid7, Inc. (Nasdaq:RPD) Investors that it is Investigating the Potential Acquisition, and Urges Shareholders to Contact the Firm

Shareholders of Rapid7 are encouraged to contact BFA Law about its investigation into potential claims for breach of fiduciary duty against Rapid7, Inc.

3 days ago - GlobeNewsWire

RAPID7 INVESTOR ALERT: BFA Law is Investigating a Potential Transaction between Rapid7, Inc. (Nasdaq:RPD) and Cannae Holdings, Shareholders are Urged to Contact the Firm

NEW YORK, NY / ACCESSWIRE / June 28, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (NASDAQ:RPD) If you are a shareholder of Rapid7, you are ...

4 days ago - Accesswire

RAPID7 ALERT: BFA Law is Investigating a Potential Transaction between Rapid7, Inc. (Nasdaq:RPD) and Cannae Holdings, Shareholders are Encouraged to Contact the Firm

Shareholders of Rapid7 are encouraged to contact BFA Law about its investigation into potential claims for breach of fiduciary duty against Rapid7, Inc.

5 days ago - GlobeNewsWire

Activist investor Jana pushes Rapid7 to consider a sale

Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the cybersecurity company to sell itself, a person famil...

6 days ago - Reuters

Rapid7's AI Engine Supercharges Security Operations with Generative AI

With LLMs incorporated into the Rapid7 AI Engine the company's security operations center accelerates incident response for better customer outcomes

19 days ago - GlobeNewsWire

Rapid7 Wins Best SIEM Solution at SC Awards Europe 2024

Cloud-first SIEM, InsightIDR, recognized as an “impressive solution” for streamlining detection and response Cloud-first SIEM, InsightIDR, recognized as an “impressive solution” for streamlining detec...

26 days ago - GlobeNewsWire

Rapid7 Managed Detection and Response Helps Enterprises Rapidly Identify and Mitigate the Impact of Threats

BOSTON, June 05, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD) today announced its collaboration with Comcast Business in support of the recently announced Comcast Business Managed Detection and...

27 days ago - GlobeNewsWire

Rapid7 to Attend Upcoming Investor Conferences

BOSTON, May 16, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will be attending the following conferences:

6 weeks ago - GlobeNewsWire

Rapid7 Extends Full Threat Cycle MDR with Patented Ransomware Prevention Capabilities

Rapid7's ransomware prevention blocks and contains costly malware attacks designed to evade traditional security mechanisms and disrupt business continuity

7 weeks ago - GlobeNewsWire

Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - Cloudflare (NYSE:NET)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: NETFSLYSPTTDC
7 weeks ago - Benzinga

Rapid7 Announces First Quarter 2024 Financial Results

BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its financial results for the first quarter of 2024.

2 months ago - GlobeNewsWire

Rapid7 to Report First Quarter 2024 Financial Results on May 7

BOSTON, April 09, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will release its first quarter 2024 financial re...

3 months ago - GlobeNewsWire

Rapid7 Announces 2024 Partner Of The Year Award Winners

BOSTON, April 03, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced the winners of its 2024 Partner of the Year Awards. “Rapid7's Par...

3 months ago - GlobeNewsWire

Rapid7 Announces Fourth Quarter and Full-Year 2023 Financial Results

BOSTON, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its financial results for the fourth quarter and full-year 2023.

5 months ago - GlobeNewsWire

Rapid7 Adds New Managed Digital Risk Protection To Leading MDR Service for 360-Degree Detection and Response

BOSTON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced a new Managed Digital Risk Protection (DRP) service for external t...

5 months ago - GlobeNewsWire

Rapid7 to Report Fourth Quarter and Full Year 2023 Financial Results on February 7

BOSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- R apid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will release its fourth quarter and full year 20...

6 months ago - GlobeNewsWire

Rapid7 Announces AI-Driven Cloud Anomaly Detection

Rapid7's cloud anomaly detection combines with cloud providers' services to help detect known and unknown threats earlier and surface true-positive alerts.

8 months ago - GlobeNewsWire

Rapid7 to Present at Upcoming Investor Conferences

BOSTON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Rapid7, Inc . (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that management will be presenting at the following conferences: ...

8 months ago - GlobeNewsWire

Rapid7 Announces Third Quarter 2023 Financial Results

Annualized recurring revenue (“ARR”) of $777 million, an increase of 14% year-over-year Total revenue of $199 million, up 13% year-over-year; Products revenue of $190 million, up 14% year-over-year GA...

8 months ago - GlobeNewsWire