Rapid7, Inc. (RPD)
NASDAQ: RPD · Real-Time Price · USD
39.95
-0.47 (-1.16%)
At close: Nov 1, 2024, 4:00 PM
40.38
+0.43 (1.08%)
After-hours: Nov 1, 2024, 6:00 PM EDT
Rapid7 Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Rapid7 stock have an average target of 46.88, with a low estimate of 40 and a high estimate of 59. The average target predicts an increase of 17.35% from the current stock price of 39.95.
Analyst Consensus: Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 3 | 3 | 3 | 2 | 1 | 1 |
| Hold | 10 | 10 | 10 | 11 | 12 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $45 → $40 | Hold | Maintains | $45 → $40 | +0.13% | Oct 23, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $50 | Strong Buy | Initiates | $50 | +25.16% | Oct 16, 2024 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $50 → $40 | Buy → Hold | Downgrades | $50 → $40 | +0.13% | Sep 20, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $45 → $41 | Hold | Maintains | $45 → $41 | +2.63% | Aug 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $39 → $40 | Hold | Maintains | $39 → $40 | +0.13% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
842.26M
from 777.71M
Increased by 8.30%
Revenue Next Year
911.64M
from 842.26M
Increased by 8.24%
EPS This Year
2.20
from -2.46
EPS Next Year
2.38
from 2.20
Increased by 8.27%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 881.1M | 995.2M | 1.1B | ||
| Avg | 842.3M | 911.6M | 995.4M | ||
| Low | 787.7M | 852.6M | 896.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.3% | 18.2% | 23.6% | ||
| Avg | 8.3% | 8.2% | 9.2% | ||
| Low | 1.3% | 1.2% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.31 | 2.71 | 3.11 | ||
| Avg | 2.20 | 2.38 | 2.63 | ||
| Low | 2.10 | 2.15 | 2.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 23.4% | 30.7% | ||
| Avg | - | 8.3% | 10.8% | ||
| Low | - | -2.3% | -7.7% |
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.