Rapid7 (NASDAQ:RPD) Issues FY 2025 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.720-1.850 for the period, compared to the consensus earnings per share estimate of 2.330. The company issued revenue guidance of $860.0 million-$870.0 million, compared to the consensus revenue estimate of $886.3 million. Rapid7 also updated its Q1 2025 guidance to 0.330-0.360 EPS.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Needham & Company LLC reiterated a “hold” rating on shares of Rapid7 in a research report on Thursday. Jefferies Financial Group decreased their target price on shares of Rapid7 from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday. Citigroup dropped their price target on shares of Rapid7 from $50.00 to $46.00 and set a “buy” rating for the company in a research report on Friday, January 17th. Stifel Nicolaus cut their price objective on Rapid7 from $42.00 to $38.00 and set a “hold” rating on the stock in a report on Thursday. Finally, Truist Financial reduced their target price on shares of Rapid7 from $38.00 to $35.00 and set a “hold” rating on the stock in a report on Thursday. Fifteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $41.56.

Rapid7 Price Performance

Shares of Rapid7 stock traded down $2.01 during trading hours on Thursday, hitting $34.78. The company had a trading volume of 837,996 shares, compared to its average volume of 595,309. The company’s 50-day moving average is $39.57 and its two-hundred day moving average is $38.87. Rapid7 has a twelve month low of $32.94 and a twelve month high of $61.79. The company has a market cap of $2.20 billion, a P/E ratio of 55.17 and a beta of 0.96.

Rapid7 (NASDAQ:RPD) last released its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.38). Rapid7 had a net margin of 5.65% and a negative return on equity of 128.95%. Sell-side analysts expect that Rapid7 will post 0.98 EPS for the current year.

Insider Buying and Selling

In other news, CEO Corey E. Thomas sold 100,000 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $39.38, for a total transaction of $3,938,000.00. Following the completion of the sale, the chief executive officer now owns 431,469 shares in the company, valued at approximately $16,991,249.22. This represents a 18.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.60% of the stock is currently owned by company insiders.

Rapid7 Company Profile

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 that offers visibility into changes made to cloud resources; and third-party integrations and ecosystem, as well as orchestration and automation solutions.