Rapid7 Inc has a consensus price target of $52.27, established from looking at the 95 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Barclays, and RBC Capital on February 8, 2024. With an average price target of $63.33 between JP Morgan, Barclays, and RBC Capital, there's an implied 29.15% upside for Rapid7 Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
02/08/2024 | RPD | Buy Now | Rapid7 | $49.04 | 22.35% | JP Morgan | Brian Essex | $61 → $60 | Maintains | Neutral | Get Alert |
02/08/2024 | RPD | Buy Now | Rapid7 | $49.04 | 22.35% | Barclays | Saket Kalia | $58 → $60 | Maintains | Equal-Weight | Get Alert |
02/08/2024 | RPD | Buy Now | Rapid7 | $49.04 | 42.74% | RBC Capital | Matthew Hedberg | → $70 | Reiterates | Outperform → Outperform | Get Alert |
01/29/2024 | RPD | Buy Now | Rapid7 | $49.04 | 42.74% | UBS | Roger Boyd | $53 → $70 | Upgrade | Neutral → Buy | Get Alert |
01/10/2024 | RPD | Buy Now | Rapid7 | $49.04 | — | Citigroup | Fatima Boolani | — | Upgrade | Neutral → Buy | Get Alert |
01/09/2024 | RPD | Buy Now | Rapid7 | $49.04 | 32.54% | Citigroup | Fatima Boolani | $54 → $65 | Upgrade | Neutral → Buy | Get Alert |
12/11/2023 | RPD | Buy Now | Rapid7 | $49.04 | 24.39% | JP Morgan | Brian Essex | $52 → $61 | Maintains | Neutral | Get Alert |
11/07/2023 | RPD | Buy Now | Rapid7 | $49.04 | 12.15% | Morgan Stanley | Erin Wilson | $52 → $55 | Maintains | Equal-Weight | Get Alert |
11/03/2023 | RPD | Buy Now | Rapid7 | $49.04 | 1.96% | Truist Securities | Joel Fishbein | $40 → $50 | Maintains | Hold | Get Alert |
11/03/2023 | RPD | Buy Now | Rapid7 | $49.04 | 14.19% | Wolfe Research | Joshua Tilton | → $56 | Upgrade | Peer Perform → Outperform | Get Alert |
10/16/2023 | RPD | Buy Now | Rapid7 | $49.04 | 12.15% | Mizuho | Gregg Moskowitz | $52 → $55 | Maintains | Neutral | Get Alert |
08/30/2023 | RPD | Buy Now | Rapid7 | $49.04 | 10.11% | Citigroup | Fatima Boolani | $50 → $54 | Maintains | Neutral | Get Alert |
08/24/2023 | RPD | Buy Now | Rapid7 | $49.04 | 6.04% | Canaccord Genuity | Michael Walkley | $45 → $52 | Maintains | Hold | Get Alert |
08/09/2023 | RPD | Buy Now | Rapid7 | $49.04 | 6.04% | JP Morgan | Brian Essex | $50 → $52 | Maintains | Neutral | Get Alert |
08/09/2023 | RPD | Buy Now | Rapid7 | $49.04 | 6.04% | Morgan Stanley | Erin Wilson | $48 → $52 | Maintains | Equal-Weight | Get Alert |
07/06/2023 | RPD | Buy Now | Rapid7 | $49.04 | 1.96% | UBS | Roger Boyd | → $50 | Initiates | → Neutral | Get Alert |
06/15/2023 | RPD | Buy Now | Rapid7 | $49.04 | -8.24% | Mizuho | Gregg Moskowitz | → $45 | Reiterates | Neutral → Neutral | Get Alert |
06/07/2023 | RPD | Buy Now | Rapid7 | $49.04 | 22.35% | RBC Capital | Matthew Hedberg | → $60 | Reiterates | Outperform → Outperform | Get Alert |
05/23/2023 | RPD | Buy Now | Rapid7 | $49.04 | 1.96% | Citigroup | Fatima Boolani | $59 → $50 | Maintains | Neutral | Get Alert |
The latest price target for Rapid7 (NASDAQ: RPD) was reported by JP Morgan on February 8, 2024. The analyst firm set a price target for $60.00 expecting RPD to rise to within 12 months (a possible 22.35% upside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for Rapid7 (NASDAQ: RPD) was provided by JP Morgan, and Rapid7 maintained their neutral rating.
The last upgrade for Rapid7 Inc happened on January 29, 2024 when UBS raised their price target to $70. UBS previously had a neutral for Rapid7 Inc.
The last downgrade for Rapid7 Inc happened on February 9, 2023 when Canaccord Genuity changed their price target from $55 to $52 for Rapid7 Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rapid7, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rapid7 was filed on February 8, 2024 so you should expect the next rating to be made available sometime around February 8, 2025.
While ratings are subjective and will change, the latest Rapid7 (RPD) rating was a maintained with a price target of $61.00 to $60.00. The current price Rapid7 (RPD) is trading at is $49.04, which is out of the analyst’s predicted range.
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