KeyCorp Estimates Rapid7’s Q1 Earnings (NASDAQ:RPD)

Rapid7, Inc. (NASDAQ:RPD) – Research analysts at KeyCorp issued their Q1 2025 earnings per share estimates for shares of Rapid7 in a report released on Thursday, December 19th. KeyCorp analyst E. Heath expects that the technology company will earn $0.24 per share for the quarter. The consensus estimate for Rapid7’s current full-year earnings is $0.98 per share. KeyCorp also issued estimates for Rapid7’s Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.34 EPS and Q4 2025 earnings at $0.23 EPS.

Rapid7 (NASDAQ:RPD) last released its quarterly earnings data on Wednesday, November 6th. The technology company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.14. The company had revenue of $214.65 million during the quarter, compared to analyst estimates of $210.04 million. Rapid7 had a net margin of 5.65% and a negative return on equity of 128.95%. Rapid7’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 EPS.

RPD has been the topic of a number of other reports. JPMorgan Chase & Co. upped their target price on Rapid7 from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Royal Bank of Canada downgraded shares of Rapid7 from an “outperform” rating to a “sector perform” rating and lowered their price objective for the stock from $50.00 to $40.00 in a report on Friday, September 20th. StockNews.com upgraded shares of Rapid7 from a “hold” rating to a “buy” rating in a report on Friday, December 6th. Piper Sandler decreased their target price on shares of Rapid7 from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, UBS Group dropped their price target on shares of Rapid7 from $59.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Fourteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $44.59.

Rapid7 Stock Performance

RPD stock opened at $39.81 on Monday. Rapid7 has a fifty-two week low of $32.94 and a fifty-two week high of $61.88. The stock’s 50 day simple moving average is $40.86 and its 200 day simple moving average is $39.00. The company has a market cap of $2.52 billion, a P/E ratio of 63.19 and a beta of 0.95.

Insider Buying and Selling

In other Rapid7 news, Director Reeny Sondhi sold 3,663 shares of the firm’s stock in a transaction on Monday, September 30th. The stock was sold at an average price of $40.00, for a total value of $146,520.00. Following the completion of the sale, the director now directly owns 17,460 shares of the company’s stock, valued at $698,400. This trade represents a 17.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.60% of the stock is owned by insiders.

Institutional Trading of Rapid7

Several hedge funds and other institutional investors have recently modified their holdings of RPD. Principal Financial Group Inc. boosted its holdings in shares of Rapid7 by 9.7% in the third quarter. Principal Financial Group Inc. now owns 47,661 shares of the technology company’s stock worth $1,901,000 after acquiring an additional 4,214 shares during the period. 272 Capital LP lifted its holdings in Rapid7 by 33.4% during the 3rd quarter. 272 Capital LP now owns 215,287 shares of the technology company’s stock worth $8,588,000 after purchasing an additional 53,849 shares in the last quarter. Geode Capital Management LLC boosted its stake in Rapid7 by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 1,462,007 shares of the technology company’s stock worth $58,330,000 after purchasing an additional 15,287 shares during the period. Pier Capital LLC grew its holdings in Rapid7 by 1.2% during the 3rd quarter. Pier Capital LLC now owns 180,168 shares of the technology company’s stock valued at $7,187,000 after buying an additional 2,162 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Rapid7 during the third quarter valued at about $782,000. Institutional investors own 95.66% of the company’s stock.

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.