Rapid7 (RPD)

• Market cap: $1.94B
• 1 day: -2.32%
• 5 days: -9.35%
• 1 month: -20.32%
• 3 months: -28.05%
• 6 months: -19.78%
• Year to date: -21.91%
• 1 year: -45.04%
• 5 years: -36.28%
• 10 years: 21.64%
• Sector: Information Technology
• Industry: Prepackaged Software

About: Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response; security information and event management; cloud security, threat intelligence, and application security; and security orchestration, automation, and response. The Boston-based company went public in 2015.

Employees: 2,228

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

56% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 34

56% more call options, than puts

Call options by funds: $34.6M | Put options by funds: $22.2M

5% more funds holding

Funds holding: 257 [Q3] → 269 (+12) [Q4]

5% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 88

0% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]

0% less capital invested

Capital invested by funds: $2.44B [Q3] → $2.44B (-$2.43M) [Q4]

1.69% less ownership

Funds ownership: 97.67% [Q3] → 95.98% (-1.69%) [Q4]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $35 14% upside
• Avg. target: $40 30% upside
• High target: $45 46% upside

10 analyst ratings

• positive: 4 40%
• neutral: 6 60%
• negative: 0 0%

Scotiabank Patrick Colville 92% 1-year accuracy 36 / 39 met price target	24% upside $38	Sector Perform Maintained	13 Feb 2025
Citigroup Fatima Boolani 75% 1-year accuracy 24 / 32 met price target	43% upside $44	Buy Maintained	13 Feb 2025
Raymond James Adam Tindle 60% 1-year accuracy 6 / 10 met price target	46% upside $45	Outperform Maintained	13 Feb 2025
JP Morgan Brian Essex 76% 1-year accuracy 22 / 29 met price target	17% upside $36	Neutral Maintained	13 Feb 2025
UBS Roger Boyd 60% 1-year accuracy 9 / 15 met price target	46% upside $45	Buy Maintained	13 Feb 2025