Rapid7 (NASDAQ:RPD) Stock Passes Above 50-Day Moving Average – Should You Sell?

Rapid7, Inc. (NASDAQ:RPD)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.04 and traded as high as $7.22. Rapid7 shares last traded at $6.96, with a volume of 2,550,076 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Morgan Stanley set a $9.00 price objective on shares of Rapid7 in a report on Wednesday, May 6th. Citigroup cut their target price on shares of Rapid7 from $15.00 to $11.50 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Scotiabank cut their target price on shares of Rapid7 from $9.00 to $7.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Stifel Nicolaus cut their target price on shares of Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada cut their target price on shares of Rapid7 from $16.00 to $12.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Rapid7 presently has an average rating of “Reduce” and a consensus target price of $8.71.

Rapid7 Price Performance

The stock’s 50-day moving average price is $6.04 and its 200 day moving average price is $10.46. The firm has a market cap of $465.14 million, a price-to-earnings ratio of 19.89 and a beta of 0.89. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.69.

Rapid7 (NASDAQ:RPD) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.06. The business had revenue of $209.69 million during the quarter, compared to analyst estimates of $207.94 million. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The firm’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.49 earnings per share. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. Equities research analysts predict that Rapid7, Inc. will post 0.63 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Rapid7 by 7.6% during the fourth quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock valued at $140,961,000 after buying an additional 653,498 shares during the last quarter. JANA Partners Management LP raised its position in shares of Rapid7 by 13.5% during the third quarter. JANA Partners Management LP now owns 6,502,108 shares of the technology company’s stock valued at $121,915,000 after buying an additional 772,194 shares during the last quarter. First Trust Advisors LP raised its position in shares of Rapid7 by 48.3% during the fourth quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after buying an additional 758,009 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Rapid7 by 1.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,876 shares of the technology company’s stock valued at $40,716,000 after buying an additional 34,438 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Rapid7 by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 1,462,653 shares of the technology company’s stock valued at $22,236,000 after buying an additional 78,448 shares during the last quarter. Institutional investors and hedge funds own 95.66% of the company’s stock.

Rapid7 Company Profile

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7’s offering is its Insight platform, a unified, cloud-native security operations and analytics suite.