Rapid7 (NASDAQ:RPD – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.720-1.850 for the period, compared to the consensus EPS 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.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on RPD. Citigroup cut their target price on shares of Rapid7 from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Thursday. StockNews.com lowered Rapid7 from a “buy” rating to a “hold” rating in a research note on Thursday. UBS Group decreased their target price on Rapid7 from $52.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday. Robert W. Baird cut their price target on Rapid7 from $43.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday. Finally, Truist Financial decreased their price objective on shares of Rapid7 from $38.00 to $35.00 and set a “hold” rating on the stock in a report on Thursday. Sixteen research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $41.22.
Get Our Latest Analysis on Rapid7
Rapid7 Stock Performance
Rapid7 (NASDAQ:RPD – Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.12 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%. Analysts predict that Rapid7 will post 0.98 EPS for the current year.
Insider Transactions at Rapid7
In related news, CEO Corey E. Thomas sold 100,000 shares of Rapid7 stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $39.38, for a total transaction of $3,938,000.00. Following the completion of the transaction, the chief executive officer now owns 431,469 shares in the company, valued at approximately $16,991,249.22. This trade represents a 18.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.60% of the stock is 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.
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