Rapid7, Inc. (RPD)
NASDAQ: RPD · Real-Time Price · USD
39.54
+0.70 (1.80%)
Jan 21, 2025, 4:00 PM EST - Market closed
Rapid7 Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Rapid7 stock have an average target of 44.76, with a low estimate of 38 and a high estimate of 52. The average target predicts an increase of 13.20% from the current stock price of 39.54.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Rapid7 stock from 18 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 2 | 1 | 1 | 0 | 0 | 0 |
| Hold | 11 | 12 | 12 | 13 | 13 | 14 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 17 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $39 → $42 | Hold | Maintains | $39 → $42 | +6.22% | Jan 21, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $50 → $46 | Strong Buy | Maintains | $50 → $46 | +16.34% | Jan 17, 2025 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $48 → $42 | Strong Buy → Hold | Downgrades | $48 → $42 | +6.22% | Jan 17, 2025 |
| DA Davidson | DA Davidson | Hold Maintains $35 → $39 | Hold | Maintains | $35 → $39 | -1.37% | Nov 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $40 → $42 | Hold | Maintains | $40 → $42 | +6.22% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
848.44M
from 777.71M
Increased by 9.10%
Revenue Next Year
893.82M
from 848.44M
Increased by 5.35%
EPS This Year
2.31
from -2.46
EPS Next Year
2.36
from 2.31
Increased by 2.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 883.7M | 997.5M | 1.1B | |||
| Avg | 848.4M | 893.8M | 952.1M | |||
| Low | 822.3M | 855.2M | 889.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 13.6% | 17.6% | 24.7% | |||
| Avg | 9.1% | 5.3% | 6.5% | |||
| Low | 5.7% | 0.8% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.43 | 2.68 | 2.93 | |||
| Avg | 2.31 | 2.36 | 2.52 | |||
| Low | 2.15 | 2.07 | 2.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 15.7% | 24.1% | |||
| Avg | - | 2.1% | 6.7% | |||
| Low | - | -10.5% | -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.