What is KeyCorp’s Forecast for Rapid7 Q1 Earnings?

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

A number of other equities research analysts also recently weighed in on RPD. Truist Financial lowered their price target on Rapid7 from $40.00 to $38.00 and set a “hold” rating on the stock in a research report on Thursday, November 7th. StockNews.com upgraded Rapid7 from a “hold” rating to a “buy” rating in a research report on Friday, December 6th. Piper Sandler reduced their price target on shares of Rapid7 from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Royal Bank of Canada lowered 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. Finally, UBS Group reduced their target price 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. Fourteen investment analysts have rated the stock with a hold rating and seven have given 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

NASDAQ RPD opened at $39.81 on Monday. Rapid7 has a 52-week low of $32.94 and a 52-week high of $61.88. The company has a fifty day moving average of $40.86 and a 200-day moving average of $39.00. The company has a market capitalization of $2.52 billion, a P/E ratio of 63.19 and a beta of 0.95.

Rapid7 (NASDAQ:RPD) last announced its earnings results on Wednesday, November 6th. The technology company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $210.04 million. During the same period last year, the firm posted $0.11 earnings per share. Rapid7’s quarterly revenue was up 8.0% on a year-over-year basis.

Hedge Funds Weigh In On Rapid7

Several hedge funds and other institutional investors have recently modified their holdings of RPD. Summit Securities Group LLC bought a new stake in shares of Rapid7 during the 2nd quarter valued at $43,000. Financial Connections Group Inc. purchased a new stake in Rapid7 during the 2nd quarter valued at $72,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Rapid7 during the 2nd quarter valued at $1,084,000. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in Rapid7 by 44.1% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 156,067 shares of the technology company’s stock valued at $6,747,000 after purchasing an additional 47,783 shares during the period. Finally, Principal Financial Group Inc. increased its position in Rapid7 by 12.1% in the second quarter. Principal Financial Group Inc. now owns 43,447 shares of the technology company’s stock worth $1,878,000 after buying an additional 4,683 shares in the last quarter. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Insider Transactions at Rapid7

In other Rapid7 news, Director Reeny Sondhi sold 3,663 shares of the company’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $40.00, for a total value of $146,520.00. Following the completion of the transaction, the director now directly owns 17,460 shares in the company, valued at approximately $698,400. This represents a 17.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.60% of the company’s stock.

About Rapid7

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.