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Rapid7 Inc has a consensus price target of $42.75 based on the ratings of 24 analysts. The high is $56 issued by Wolfe Research on November 3, 2023. The low is $35 issued by Truist Securities on February 13, 2025. The 3 most-recent analyst ratings were released by Scotiabank, Citigroup, and Raymond James on February 13, 2025, respectively. With an average price target of $42.33 between Scotiabank, Citigroup, and Raymond James, there's an implied 33.50% upside for Rapid7 Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rapid7 (NASDAQ:RPD) was reported by Scotiabank on February 13, 2025. The analyst firm set a price target for $38.00 expecting RPD to rise to within 12 months (a possible 19.84% upside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for Rapid7 (NASDAQ:RPD) was provided by Scotiabank, and Rapid7 maintained their sector perform 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 January 17, 2025 when Stifel changed their price target from $48 to $42 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 13, 2025 so you should expect the next rating to be made available sometime around February 13, 2026.
While ratings are subjective and will change, the latest Rapid7 (RPD) rating was a maintained with a price target of $42.00 to $38.00. The current price Rapid7 (RPD) is trading at is $31.71, which is out of the analyst’s predicted range.
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