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
Rapid7 Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Rapid7 stock have an average target of 51.73, with a low estimate of 40 and a high estimate of 65. The average target predicts an increase of 21.09% from the current stock price of 42.72.
Analyst Consensus: Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for Rapid7 stock from 16 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 8 | 8 | 8 | 8 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 13 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $55 → $40 | Hold | Maintains | $55 → $40 | -6.37% | May 13, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 10, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $65 → $52 | Strong Buy | Maintains | $65 → $52 | +21.72% | May 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $70 → $57 | Buy | Maintains | $70 → $57 | +33.43% | May 8, 2024 |
| Barclays | Barclays | Hold Maintains $60 → $49 | Hold | Maintains | $60 → $49 | +14.70% | May 8, 2024 |
Financial Forecast
Revenue This Year
841.86M
from 777.71M
Increased by 8.25%
Revenue Next Year
920.33M
from 841.86M
Increased by 9.32%
EPS This Year
2.19
from -2.46
EPS Next Year
2.38
from 2.19
Increased by 8.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 882.4M | 996.8M | 1.1B | 1.2B | 1.4B |
| Avg | 841.9M | 920.3M | 1.0B | 1.2B | 1.3B |
| Low | 813.5M | 868.2M | 941.7M | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.5% | 18.4% | 23.2% | 21.6% | 15.0% |
| Avg | 8.2% | 9.3% | 10.1% | 17.0% | 10.6% |
| Low | 4.6% | 3.1% | 2.3% | 13.5% | 7.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.50 | 2.88 | 3.07 | 3.31 | 3.74 |
| Avg | 2.19 | 2.38 | 2.56 | 3.18 | 3.60 |
| Low | 2.05 | 2.10 | 2.18 | 3.09 | 3.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 31.4% | 29.1% | 29.1% | 17.5% |
| Avg | - | 8.5% | 7.9% | 24.2% | 13.0% |
| Low | - | -4.2% | -8.4% | 20.5% | 9.7% |
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.