Rapid7, Inc. (RPD)
NASDAQ: RPD · Real-Time Price · USD
42.86
+0.42 (0.99%)
Nov 22, 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 5.58% from the current stock price of 42.86.

Analyst Consensus: Buy
Target Low Average Median High
Price $38 $45.25 $46 $52
Change -11.34% +5.58% +7.33% +21.33%

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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333344
Buy 332110
Hold 101011121213
Sell 000000
Strong Sell 000000
Total 161616161717

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Hold
Maintains
$35$39
Hold Maintains $35$39 -9.01% Nov 7, 2024
JP Morgan
JP Morgan
Hold
Maintains
$40$42
Hold Maintains $40$42 -2.01% Nov 7, 2024
UBS
UBS
Strong Buy
Maintains
$59$52
Strong Buy Maintains $59$52 +21.33% Nov 7, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$42$40
Hold Maintains $42$40 -6.67% Nov 7, 2024
Truist Securities
Truist Securities
Hold
Maintains
$40$38
Hold Maintains $40$38 -11.34% Nov 7, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
326.95M411.49M535.40M685.08M777.71M847.47M899.17M957.94M
Revenue Growth
33.94%25.86%30.11%27.96%13.52%8.97%6.10%6.54%
EPS
-1.10-1.94-2.65-2.13-2.462.272.362.51
EPS Growth
------4.12%6.42%
Forward PE
-----18.9018.1517.05
No. Analysts -----262618
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
13.6%
17.7%
24.0%
Avg
9.0%
6.1%
6.5%
Low
5.2%
0.9%
-1.0%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.