Rapid7 (RPD) Stock Forecast, Price Target & Predictions


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RPD Stock Forecast


Rapid7 stock forecast is as follows: an average price target of $78.69 (represents a 129.82% upside from RPD’s last price of $34.24) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

RPD Price Target


The average price target for Rapid7 (RPD) is $78.69 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $145.00 to $34.00. This represents a potential 129.82% upside from RPD's last price of $34.24.

RPD Analyst Ratings


Buy

According to 12 Wall Street analysts, Rapid7's rating consensus is 'Buy'. The analyst rating breakdown for RPD stock is 0 'Strong Buy' (0.00%), 6 'Buy' (50.00%), 5 'Hold' (41.67%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).

Rapid7 Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 07, 2024Brad RebackStifel Nicolaus$48.00$36.3032.23%40.19%
Aug 07, 2024Kingsley CraneCanaccord Genuity$43.00$37.5114.65%25.58%
Aug 07, 2024Rob OwensPiper Sandler$42.00$33.0227.20%22.66%
Apr 25, 2024Patrick ColvilleScotiabank$46.00$45.850.33%34.35%
Jan 29, 2024Roger BoydUBS$70.00$57.5921.55%104.44%
Feb 09, 2023Michael WalkleyCanaccord Genuity$48.00$53.47-10.23%40.19%
Feb 02, 2023-RBC Capital$60.00$52.8613.51%75.23%
Jan 13, 2023-D.A. Davidson$34.00$34.18-0.53%-0.70%
Nov 03, 2022Gregg MoskowitzMizuho Securities$45.00$39.0715.18%31.43%
Oct 11, 2022Michael WalkleyCanaccord Genuity$60.00$39.8950.41%75.23%
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The latest Rapid7 stock forecast, released on Aug 07, 2024 by Brad Reback from Stifel Nicolaus, set a price target of $48.00, which represents a 32.23% increase from the stock price at the time of the forecast ($36.30), and a 40.19% increase from RPD last price ($34.24).

Rapid7 Price Target by Period


1M3M12M
# Anlaysts-35
Avg Price Target-$44.33$49.80
Last Closing Price$34.24$34.24$34.24
Upside/Downside-100.00%29.47%45.44%

In the current month, the average price target of Rapid7 stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Rapid7's last price of $34.24. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 07, 2024Canaccord Genuity-BuyUpgrade
Aug 07, 2024Piper SandlerNeutralNeutralHold
Jul 09, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Apr 25, 2024Scotiabank-Sector PerformInitialise
Jan 29, 2024UBS-BuyUpgrade
Jan 09, 2024Citigroup-BuyUpgrade
Feb 02, 2023RBC CapitalOutperformOutperformHold
Oct 23, 2022Needham-HoldDowngrade
Jul 29, 2022Cowen & Co.OutperformOutperformHold
Apr 26, 2022Goldman Sachs-NeutralDowngrade
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Rapid7's last stock rating was published by Canaccord Genuity on Aug 07, 2024. The company Upgrade its RPD rating from "null" to "Buy".

Rapid7 Financial Forecast


Rapid7 Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$205.27M$198.84M$190.42M$183.17M$184.48M$175.76M-$157.38M$151.64M$139.89M$126.42M$117.45M$113.16M$105.08M
Avg Forecast$274.94M$271.46M$269.39M$265.53M$257.08M$249.84M$247.17M$244.75M$233.55M$228.18M$223.31M$217.83M$212.11M$210.04M$205.08M$204.06M$201.26M$197.06M$188.12M$181.21M$179.46M$175.99M$164.12M$154.20M$145.86M$134.21M$122.97M$114.33M$108.89M$101.87M
High Forecast$275.93M$272.43M$270.35M$266.48M$257.99M$250.74M$248.06M$245.63M$234.38M$229.00M$224.11M$218.61M$212.87M$210.30M$205.81M$204.79M$201.84M$197.60M$188.79M$181.86M$180.10M$176.62M$164.12M$155.95M$147.52M$135.73M$124.37M$115.63M$110.12M$103.03M
Low Forecast$265.82M$262.45M$260.44M$256.72M$248.54M$241.55M$238.97M$236.63M$225.79M$220.61M$215.90M$210.60M$205.06M$209.80M$198.27M$197.28M$200.74M$196.30M$181.87M$175.19M$173.50M$170.15M$164.12M$152.41M$144.17M$132.66M$121.55M$113.00M$107.63M$100.69M
# Analysts666666121110987813648181591016811991491016
Surprise %----------------1.02%1.01%1.01%1.01%1.03%1.00%-1.02%1.04%1.04%1.03%1.03%1.04%1.03%

Rapid7's average Quarter revenue forecast for Mar 24 based on 4 analysts is $204.06M, with a low forecast of $197.28M, and a high forecast of $204.79M. RPD's average Quarter revenue forecast represents a -0.59% decrease compared to the company's last Quarter revenue of $205.27M (Dec 23).

Rapid7 EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts666666121110987813648181591016811991491016
EBITDA----------------$10.93M$17.18M$-51.66M$-11.55M$1.75M$-14.75M-$-30.70M$-31.36M$-24.79M$-14.63M$-17.35M$-14.22M$-11.76M
Avg Forecast$-31.11M$-30.72M$-30.48M$-30.05M$-29.09M$-28.27M$-27.97M$-27.70M$-26.43M$-25.82M$-25.27M$-24.65M$-24.00M$-23.77M$-23.21M$-34.67M$-22.77M$-22.30M$-21.29M$-31.52M$-20.31M$-32.13M$-18.57M$-28.65M$-32.27M$-29.21M$-14.63M$-23.42M$-16.00M$-111.11M
High Forecast$-30.08M$-29.70M$-29.47M$-29.05M$-28.12M$-27.33M$-27.04M$-26.78M$-25.55M$-24.96M$-24.43M$-23.83M$-23.20M$-23.74M$-22.44M$-27.74M$-22.72M$-22.21M$-20.58M$-25.22M$-19.63M$-25.71M$-18.57M$-22.92M$-25.82M$-23.37M$-11.70M$-18.74M$-12.80M$-88.89M
Low Forecast$-31.22M$-30.83M$-30.59M$-30.15M$-29.19M$-28.37M$-28.07M$-27.79M$-26.52M$-25.91M$-25.36M$-24.74M$-24.09M$-23.80M$-23.29M$-41.61M$-22.84M$-22.36M$-21.36M$-37.82M$-20.38M$-38.56M$-18.57M$-34.39M$-38.72M$-35.05M$-17.55M$-28.10M$-19.20M$-133.34M
Surprise %-----------------0.48%-0.77%2.43%0.37%-0.09%0.46%-1.07%0.97%0.85%1.00%0.74%0.89%0.11%

4 analysts predict RPD's average Quarter EBITDA for Mar 24 to be $-34.67M, with a high of $-27.74M and a low of $-41.61M. This is -417.16% lower than Rapid7's previous annual EBITDA (Dec 23) of $10.93M.

Rapid7 Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts666666121110987813648181591016811991491016
Net Income----------------$20.05M$-76.61M$-66.78M$-25.91M$-11.38M$-28.73M-$-45.00M$-44.63M$-37.70M$-34.16M$-29.84M$-28.92M$-25.54M
Avg Forecast$41.29M$40.63M$43.43M$44.86M$49.25M$48.02M$47.03M$47.32M$46.27M$44.16M$42.12M$41.50M$39.35M$38.41M$39.49M$-50.82M$35.34M$31.24M$8.03M$-46.20M$13.31M$-48.88M$-3.03M$-42.00M$-45.92M$-44.43M$-34.16M$-40.29M$-32.53M$-241.36M
High Forecast$41.48M$40.82M$43.63M$45.07M$49.48M$48.24M$47.24M$47.54M$46.49M$44.36M$42.32M$41.69M$39.53M$39.15M$39.67M$-40.66M$36.07M$32.73M$8.07M$-36.96M$13.37M$-39.10M$-3.03M$-33.60M$-36.73M$-35.55M$-27.33M$-32.23M$-26.03M$-193.09M
Low Forecast$39.51M$38.88M$41.55M$42.93M$47.13M$45.95M$45.00M$45.28M$44.28M$42.25M$40.30M$39.71M$37.65M$37.67M$37.78M$-60.98M$34.60M$30.49M$7.68M$-55.44M$12.73M$-58.65M$-3.03M$-50.40M$-55.10M$-53.32M$-41.00M$-48.35M$-39.04M$-289.63M
Surprise %----------------0.57%-2.45%-8.32%0.56%-0.86%0.59%-1.07%0.97%0.85%1.00%0.74%0.89%0.11%

Rapid7's average Quarter net income forecast for Mar 24 is $-50.82M, with a range of $-60.98M to $-40.66M. RPD's average Quarter net income forecast represents a -353.49% decrease compared to the company's last Quarter net income of $20.05M (Dec 23).

Rapid7 SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts666666121110987813648181591016811991491016
SG&A----------------$92.63M$93.56M$105.92M$104.79M$100.26M$96.53M-$96.66M$93.95M$86.86M$73.73M$71.20M$70.36M$63.45M
Avg Forecast$161.20M$159.16M$157.95M$155.69M$150.73M$146.49M$144.92M$143.50M$136.93M$133.79M$130.93M$127.72M$124.36M$123.15M$120.24M$109.16M$118.00M$115.54M$110.30M$99.24M$105.22M$112.61M$96.22M$90.22M$96.68M$102.37M$73.73M$96.12M$79.15M$59.73M
High Forecast$161.78M$159.73M$158.51M$156.24M$151.27M$147.01M$145.44M$144.02M$137.42M$134.27M$131.40M$128.18M$124.81M$123.30M$120.67M$131.00M$118.34M$115.85M$110.69M$119.09M$105.60M$135.13M$96.22M$108.26M$116.01M$122.84M$88.48M$115.34M$94.98M$60.41M
Low Forecast$155.85M$153.88M$152.70M$150.52M$145.72M$141.62M$140.11M$138.74M$132.39M$129.35M$126.59M$123.48M$120.23M$123.01M$116.25M$87.33M$117.70M$115.09M$106.63M$79.39M$101.73M$90.09M$96.22M$72.17M$77.34M$81.90M$58.99M$76.89M$63.32M$59.04M
Surprise %----------------0.78%0.81%0.96%1.06%0.95%0.86%-1.07%0.97%0.85%1.00%0.74%0.89%1.06%

Rapid7's average Quarter SG&A projection for Mar 24 is $109.16M, based on 4 Wall Street analysts, with a range of $87.33M to $131.00M. The forecast indicates a 17.85% rise compared to RPD last annual SG&A of $92.63M (Dec 23).

Rapid7 EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts666666121110987813648181591016811991491016
EPS----------------$0.27$-1.25$-1.10$-0.43$-0.19$-0.49-$-0.78$-0.79$-0.67$-0.62$-0.56$-0.56$-0.50
Avg Forecast$0.56$0.55$0.58$0.60$0.66$0.65$0.63$0.64$0.62$0.59$0.57$0.56$0.53$0.52$0.53$0.54$0.48$0.42$0.11$0.09$0.18$0.06$-0.04$-0.16$-0.18$-0.07$0.03$-0.06$-0.08$-0.04
High Forecast$0.56$0.55$0.59$0.61$0.67$0.65$0.64$0.64$0.63$0.60$0.57$0.56$0.53$0.53$0.53$0.54$0.49$0.44$0.11$0.09$0.18$0.06$-0.04$-0.15$-0.17$-0.07$0.03$-0.06$-0.08$-0.04
Low Forecast$0.53$0.52$0.56$0.58$0.63$0.62$0.61$0.61$0.60$0.57$0.54$0.53$0.51$0.51$0.51$0.51$0.47$0.41$0.10$0.08$0.17$0.05$-0.04$-0.16$-0.18$-0.07$0.03$-0.06$-0.08$-0.04
Surprise %----------------0.57%-2.97%-10.17%-4.99%-1.06%-8.87%-5.00%4.49%9.57%-23.25%8.91%7.28%11.39%

According to 4 Wall Street analysts, Rapid7's projected average Quarter EPS for Mar 24 is $0.54, with a low estimate of $0.51 and a high estimate of $0.54. This represents a 99.26% increase compared to RPD previous annual EPS of $0.27 (Dec 23).

Rapid7 Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RPDRapid7$34.24$78.69129.82%Buy
DAVAEndava$29.40$64.16118.23%Buy
PATHUiPath$12.27$25.53108.07%Hold
PAGSPagSeguro Digital$9.23$17.0484.62%Buy
VRNTVerint Systems$26.46$45.7172.75%Buy
OKTAOkta$74.21$120.6962.63%Hold
TENBTenable$39.96$60.1450.50%Buy
ZSZscaler$170.32$232.5436.53%Buy
NETCloudflare$79.11$95.0020.09%Hold
CRWDCrowdStrike$268.72$322.5620.04%Buy
QLYSQualys$124.32$147.1418.36%Buy
SPSCSPS Commerce$192.18$222.2515.65%Buy
NTNXNutanix$58.05$63.158.79%Buy
CSGSCSG Systems$48.31$52.007.64%Buy
VMWVMware$142.48$149.134.67%Hold
FFIVF5$214.64$213.93-0.33%Hold
VRNSVaronis Systems$53.84$52.26-2.93%Buy
CYBRCyberArk Software$272.92$242.54-11.13%Buy
CHKPCheck Point Software$191.70$154.65-19.33%Buy

RPD Forecast FAQ


Yes, according to 12 Wall Street analysts, Rapid7 (RPD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 50.00% of RPD's total ratings.

Rapid7 (RPD) average price target is $78.69 with a range of $34 to $145, implying a 129.82% from its last price of $34.24. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for RPD stock, the company can go up by 129.82% (from the last price of $34.24 to the average price target of $78.69), up by 323.48% based on the highest stock price target, and down by -0.70% based on the lowest stock price target.

RPD's average twelve months analyst stock price target of $78.69 supports the claim that Rapid7 can reach $50 in the near future.

Rapid7's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $998.85M (high $1B, low $965.68M), average EBITDA is $-113M (high $-109M, low $-113M), average net income is $191.62M (high $192.51M, low $183.35M), average SG&A $585.64M (high $587.74M, low $566.2M), and average EPS is $2.58 (high $2.59, low $2.47). RPD's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.08B (high $1.09B, low $1.05B), average EBITDA is $-122M (high $-118M, low $-123M), average net income is $170.21M (high $171M, low $162.86M), average SG&A $634M (high $636.27M, low $612.95M), and average EPS is $2.29 (high $2.3, low $2.19).

Based on Rapid7's last annual report (Dec 2023), the company's revenue was $777.71M, beating the average analysts forecast of $767.64M by 1.31%. Apple's EBITDA was $-80.733M, missing the average prediction of $-97.879M by -17.52%. The company's net income was $-149M, missing the average estimation of $28.4M by -625.49%. Apple's SG&A was $396.91M, missing the average forecast of $443.07M by -10.42%. Lastly, the company's EPS was $-2.46, missing the average prediction of $1.09 by -325.51%. In terms of the last quarterly report (Dec 2023), Rapid7's revenue was $205.27M, beating the average analysts' forecast of $201.26M by 1.99%. The company's EBITDA was $10.93M, missing the average prediction of $-22.774M by -148.00%. Rapid7's net income was $20.05M, missing the average estimation of $35.34M by -43.27%. The company's SG&A was $92.63M, missing the average forecast of $118M by -21.50%. Lastly, the company's EPS was $0.27, missing the average prediction of $0.476 by -43.27%