Rapid7 Receives Average $12.53 Price Target from Analysts

Cybersecurity firm Rapid7 has a 'Reduce' rating from 22 research firms covering the stock.

Mar. 23, 2026 at 7:18am

Shares of cybersecurity company Rapid7, Inc. (NASDAQ:RPD) have earned a consensus 'Reduce' rating from 22 research firms covering the stock. The average 12-month price target among the analysts is $12.53. Several firms have lowered their price targets on Rapid7 in recent months, with the lowest set at $6.50.

Why it matters

Rapid7's stock performance and analyst sentiment are important indicators of the company's financial health and market position within the competitive cybersecurity industry. The 'Reduce' rating and declining price targets suggest analysts see challenges ahead for the firm.

The details

The 22 research firms covering Rapid7 have issued 3 sell ratings, 17 hold ratings, and 2 buy ratings on the stock. Several analysts have cut their price targets, including Royal Bank of Canada lowering its target from $16 to $12, Morgan Stanley setting a $10 target, and DA Davidson reducing its target from $14 to $6.50.

  • Rapid7 reported its latest quarterly earnings on February 10, 2026.

The players

Rapid7, Inc.

A publicly traded cybersecurity company headquartered in Boston, Massachusetts that specializes in cloud-based security data and analytics solutions.

Royal Bank of Canada

A multinational financial services company that provides research coverage on Rapid7.

Morgan Stanley

A global financial services firm that provides research coverage on Rapid7.

DA Davidson

An investment banking and wealth management firm that provides research coverage on Rapid7.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The declining analyst sentiment and price targets for Rapid7 suggest the cybersecurity firm may be facing headwinds, underscoring the competitive and volatile nature of the industry it operates in.