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Rapid7, Inc. (RPD)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-06-16
Intact
$6.93-3.35%
Close 2026-06-16 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is neutral, and management's recent track record has been unsteady, with frequent disruptive corporate changes. Earnings quality is robust, cash backs up reported profits, and the sector backdrop is a tailwind, benefiting RPD. Peer multiples imply a price about 84% above where it trades (it looks cheap on this basis); the read is cheap, quality intact. Key factors to watch include guidance changes and the performance of sector bellwethers like MSFT and ORCL. This read is provisional.
as of 2026-06-16
Quick facts
- Exchange
- NASDAQ
- Sector
- Information Technology
- Industry
- Software - Infrastructure
- Market cap
- $482.52M
- Employees
- —
- IPO date
- 2015-06-11
- Next earnings
- 2026-08-06
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 7 valuation methods, at three horizons. Current price $6.93. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryinexpensive
$42.88consensus
Range $23.67 – $47.84
vs price: -84% below
Method agreement — · 7 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$44.92consensus
Range $33.95 – $48.77
vs price: -85% below
Method agreement — · 4 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peerslow confidence
At $7.17 RPD trades at 5× p/e, below its 28× p/e peer median. Our $43 fair value sits above the price; low confidence. Analysts: $6.00–$9.00. Not investment advice.
Multiple (P/E)
4.8x
peer 27.5x · own history —
Premium
0.2x peer
Growth the price needs
-83%
our forecast 4%
Our fair value
$42.90
range $23.63 – $47.85
Analyst range(a guide on our number, not a target)Our number is above the analyst range
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
inexpensivecheap — quality intact12-month view
What's priced inJustified
The price implies about 83% below a flat-multiple fair value, below our forecast of about 4%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
neutralOperating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 54% of the time over the next year (vs 68% for the rest of the cohort, n=3704).
53rd pctl · Information Technology
Earnings quality
robustOver the trailing year it converted 7.31x of net income into operating cash flow. Historically, Information Technology names rated robust grew net income 69% of the time over the next year (vs 55% for the rest of the cohort, n=2129).
92nd pctl · Information Technology
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
Management & capital allocation
volatileEarnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bearishEPS revised -5.8% / 30d, n=24for period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $0.37 → $0.35 (-5.8% / 30d). 2 raised, 18 cut, 24 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d, 1 maintained. 11% of analysts rate Buy.
Material events
0 positive, 0 negative / 30d.
Sector context
Intermediate · WeeklySector phase: information technology is in maturing, with decelerating (~0.2 years in phase).
Sector regime (90d momentum): tailwind.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: neutral
- Capital allocation
- strong
- Earnings discipline
- neutral
- Margin discipline
- neutral
- Balance sheet
- weak
- Post-call reaction
- weak
Met or beat guidance 100% of the last 1 guided quarters · 18.0% avg surprise
as of 2026-06-16
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$242.
How much price usually moves either way.
On a bad day, this stock has moved -$685.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $8,027.
Deepest peak-to-trough drop in the last year.
highas of 2026-06-16
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- Either wayHigh confidenceMonthsactive 4d
Watch for Rapid7's next earnings report on August 6
Why it matters: The earnings report will provide insights into revenue and profit trends. This is key for assessing performance.
What confirms / what disproves
Confirms one read:Earnings report shows revenue growth and profit margins improving.
Confirms the other:The earnings report shows lower revenue and profit margins.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for RPD yet.
This sector is also watching
- Watch for revenue growth in IT sector dropping below median
- Watch for FOMC decisions impacting tech investment
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for RPD and other Tech names, since rate-sensitive parts of the market tend to rally when the Fed eases.
- If sector bellwethers like MSFT, ORCL, and PLTR keep beating earnings and guiding higher, the Tech sector momentum should keep lifting RPD and other Tech names. Worth watching these names for early signals.
- If RPD raises forward guidance on the next earnings call (currently REAFFIRMED as of 2026-06-01), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If RPD cuts guidance on the next call (currently REAFFIRMED as of 2026-06-01), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like MSFT, ORCL, and PLTR start missing or guiding lower, the Tech tailwind helping RPD and other Tech names could fade. Watch these names for early warning.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-06-0116d agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Executive Officer Transition On May 26, 2026, the Board of Directors (the “Board”) of Rapid7, Inc. (the “Company”) appointed Wael Mohamed as Chief Executive Officer of the Company, effective as of June 1, 2026. Mr. Mohamed succeeds Corey Thomas, who has been appointed Executive Chairman, effective as of June 1, 2026. Messrs. Mohamed and Thoma…
Executive changeneutral
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+1.6 vs last weeklatest as of 2026-06-17
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.