Rapid7, Inc. (RPD)

NASDAQ: RPD · IEX Real-Time Price · USD
43.88
-0.30 (-0.68%)
Apr 17, 2024, 2:15 PM EDT - Market open
-0.68%
Market Cap 2.73B
Revenue (ttm) 777.71M
Net Income (ttm) -149.26M
Shares Out 61.99M
EPS (ttm) -2.46
PE Ratio n/a
Forward PE 20.17
Dividend n/a
Ex-Dividend Date n/a
Volume 221,328
Open 44.42
Previous Close 44.18
Day's Range 43.84 - 45.00
52-Week Range 39.49 - 61.88
Beta 1.00
Analysts Buy
Price Target 56.64 (+29.08%)
Earnings Date May 7, 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 12 analysts, the average rating for RPD stock is "Buy." The 12-month stock price forecast is $56.64, which is an increase of 29.08% from the latest price.

Price Target
$56.64
(29.08% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

7 days 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...

14 days ago - GlobeNewsWire

Rapid7 to Attend Upcoming Investor Conferences

BOSTON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that management will be attending the following conferences:

7 weeks 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.

2 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...

2 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...

3 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.

5 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: ...

5 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...

5 months ago - GlobeNewsWire

Cybersecurity Stocks With Ties to Israel Are Under Pressure as War Unfolds

The country is home to 33% of the world's unicorns in cybersecurity, the Israel National Cyber Directorate said last year.

Other symbols: CHKPCYBRITEQPANWSTENB
6 months ago - Barrons

These cybersecurity stocks could be most hurt by Hamas's attack on Israel

J.P. Morgan analyst Brian Essex listed a number of security software companies with ties to Israel, in anticipation of investor interest in those with exposure to the region, after Hamas' attack on Is...

6 months ago - Market Watch

Rapid7 to Report Third Quarter 2023 Financial Results on November 1

BOSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will release its third quarter 2023 financial res...

6 months ago - GlobeNewsWire

Rapid7 Announces New Office and Security Operations Center as it Expands to Prague

BOSTON and PRAGUE, Czech Republic, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Rapid7 , Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced the opening of its Prague office. The ...

7 months ago - GlobeNewsWire

Rapid7 Expands Endpoint Protection Capabilities to Proactively Prevent Breaches

BOSTON, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, announced today that its Managed Detection and Response (MDR) service now includes...

7 months ago - GlobeNewsWire

Rapid7 and USF Collaborate on Cyber Training Initiative With $1.5 Million Grant From Office of Naval Research and National Science Foundation

Rapid7 threat data, dedicated personnel will facilitate research that explores real-world scenarios and challenges to ready tomorrow's cyber operators Rapid7 threat data, dedicated personnel will faci...

7 months ago - GlobeNewsWire

Rapid7 Announces Upsized Pricing of $260 Million Convertible Senior Notes Offering

BOSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Rapid7, Inc. (“Rapid7”) (Nasdaq: RPD) today announced the pricing of $260.0 million aggregate principal amount of 1.25% convertible senior notes due 2029 (th...

8 months ago - GlobeNewsWire

Rapid7 Announces Proposed Private Offering of $250 Million of Convertible Senior Notes

BOSTON, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Rapid7, Inc. (“Rapid7”) (Nasdaq: RPD) today announced that it intends to offer, subject to market conditions and other factors, $250 million aggregate princi...

8 months ago - GlobeNewsWire

Cybersecurity giant Rapid7 announces sweeping layoffs as losses mount

U.S. cybersecurity giant Rapid7 has announced plans to lay off 18% of its workforce, affecting more than 400 global employees. In a regulatory filing, the Boston-based cybersecurity company said its r...

9 months ago - TechCrunch

Rapid7 Announces Industry-First Solution for Holistically Visualizing and Reducing Cyber Risk in Hybrid Environments

Executive Risk View provides security leaders with the comprehensive visibility and context needed to reduce total risk across both cloud and on-premises assets Executive Risk View provides security l...

9 months ago - GlobeNewsWire

Rapid7 to Report Second Quarter 2023 Financial Results on August 8

BOSTON, July 13, 2023 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in cloud risk and threat detection, today announced that the company will release its second quarter 2023 financial resul...

9 months ago - GlobeNewsWire

Rapid7 Releases 2023 Social Good Report, Highlighting Meaningful Progress Across Environmental, Social, and Governance (ESG) Initiatives

BOSTON, June 20, 2023 (GLOBE NEWSWIRE) -- Rapid7, Inc . (NASDAQ: RPD), a leader in cloud risk and threat detection, today announced the release of its 2023 Social Good Report , the company's annual co...

10 months ago - GlobeNewsWire

Rapid7 Stock Struggles To Maintain 2021 Growth

The answer for one publicly-traded company, Boston-based Rapid7, is helping a company's security operations people feel that they are getting ahead of their security c

11 months ago - Forbes

Rapid7 Stock Trades 70% Below Peak As Revenue Rises 12%

The answer for one publicly-traded company, Boston-based Rapid7, is helping a company's security operations people feel that they are getting ahead of their security c

11 months ago - Forbes

Rapid7 CSO Jaya Baloo urges tech leaders to prepare for a quantum computing revolution

Rapid7 CSO Jaya Baloo urges tech leaders to prepare for a quantum computing revolution

1 year ago - Bloomberg Technology

Rapid7 Is Worried About Quantum Computers

As quantum computing progresses, Rapid7's recently appointed Chief Security Officer Jaya Baloo joins Ed Ludlow to discuss how organizations can prepare and ensure their cybersecurity measures are quan...

1 year ago - Bloomberg Technology