What is KeyCorp’s Forecast for Rapid7 Q1 Earnings?

Rapid7, Inc. (NASDAQ:RPD) – Analysts at KeyCorp issued their Q1 2025 EPS estimates for Rapid7 in a research report issued to clients and investors on Thursday, December 19th. KeyCorp analyst E. Heath anticipates that the technology company will post earnings per share of $0.24 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.

A number of other brokerages have also recently commented on RPD. Jefferies Financial Group started coverage on Rapid7 in a research note on Wednesday, October 16th. They issued a “buy” rating and a $50.00 price target on the stock. Piper Sandler decreased their target price on shares of Rapid7 from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Royal Bank of Canada cut shares of Rapid7 from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from $50.00 to $40.00 in a research report on Friday, September 20th. UBS Group cut their price target on shares of Rapid7 from $59.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Rapid7 from $40.00 to $42.00 and gave the company a “neutral” rating in a research note 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. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $44.59.

Rapid7 Trading Up 0.4 %

NASDAQ RPD opened at $39.53 on Monday. The firm has a market cap of $2.50 billion, a PE ratio of 62.75 and a beta of 0.95. Rapid7 has a 1-year low of $32.94 and a 1-year high of $61.88. The stock has a 50-day moving average of $40.87 and a 200-day moving average of $38.99.

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

Hedge Funds Weigh In On Rapid7

A number of institutional investors and hedge funds have recently made changes to their positions in RPD. Principal Financial Group Inc. grew its stake 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 last quarter. 272 Capital LP boosted its stake in Rapid7 by 33.4% in 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 grew its position in Rapid7 by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,462,007 shares of the technology company’s stock valued at $58,330,000 after purchasing an additional 15,287 shares during the last quarter. Pier Capital LLC increased its stake 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 purchasing an additional 2,162 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in Rapid7 during the 3rd quarter valued at about $782,000. Institutional investors own 95.66% of the company’s stock.

Insiders Place Their Bets

In related news, Director Reeny Sondhi sold 3,663 shares of Rapid7 stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $40.00, for a total transaction of $146,520.00. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.60% of the stock is owned by corporate 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.