Rapid7RPD
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 Q3 regulatory filings by fund managers ($100M+ AUM)
150% more call options, than puts
Call options by funds: $50.4M | Put options by funds: $20.2M
7% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 94
4.39% less ownership
Funds ownership: 102.06% [Q2] → 97.67% (-4.39%) [Q3]
5% less funds holding
Funds holding: 270 [Q2] → 257 (-13) [Q3]
11% less capital invested
Capital invested by funds: $2.75B [Q2] → $2.44B (-$306M) [Q3]
13% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 48
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Scotiabank Patrick Colville 48% 1-year accuracy 20 / 42 met price target | 6%upside $42 | Sector Perform Maintained | 21 Jan 2025 |
Citigroup Fatima Boolani 63% 1-year accuracy 19 / 30 met price target | 16%upside $46 | Buy Maintained | 17 Jan 2025 |
Stifel Adam Borg 66% 1-year accuracy 19 / 29 met price target | 6%upside $42 | Hold Downgraded | 17 Jan 2025 |
DA Davidson Rudy Kessinger 59% 1-year accuracy 17 / 29 met price target | 1%downside $39 | Neutral Maintained | 7 Nov 2024 |
JP Morgan Brian Essex 68% 1-year accuracy 19 / 28 met price target | 6%upside $42 | Neutral Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 30 articles about RPD published over the past 30 days