Rapid7, Inc. (RPD) Stock Price & How to Invest

Rapid7 (RPD) is a cybersecurity company providing a cloud-based platform for security operations, vulnerability management, and threat detection. Its Insight platform spans several products: InsightVM for vulnerability management, InsightIDR for detection and response (SIEM and XDR), InsightCloudSec for cloud security posture, and application security testing. Increasingly, Rapid7 packages these into managed detection and response (MDR) services, where its analysts monitor customer environments around the clock, which appeals to mid-market companies that lack large in-house security teams.

Rapid7 sells predominantly through subscriptions, so revenue is recurring and measured by annual recurring revenue (ARR). Its sweet spot is mid-size enterprises seeking consolidated, easier-to-operate security rather than assembling many point tools. Founded in 2000 and headquartered in Boston, Massachusetts, Rapid7 competes in a crowded, consolidating market where larger platforms are bundling vulnerability, SIEM, and cloud security together, putting a premium on its ability to show platform breadth and improving profitability.

Rapid7 competes against larger, better-capitalized platforms (CrowdStrike, Palo Alto Networks, Microsoft, Tenable, Qualys) that bundle overlapping vulnerability, SIEM, and cloud-security capabilities, pressuring pricing and growth. Its growth has decelerated, and the market has at times questioned whether it can keep pace as security consolidates around a few mega-platforms. Net retention and new-logo momentum can soften in tighter IT-budget environments. The shift to balancing growth with profitability is a delicate transition that can disappoint on either axis. As a mid-cap in a momentum-driven sector, Rapid7 is sensitive to growth-rate changes, competitive bundling, and shifts in security-spending priorities.

21 analysts publish price targets on RPD, averaging $8.20 against a $9.37 price as of July 2026, or -12.5%. The published targets run from $6.00 to $13.00, a wide spread, and the ratings split 2 buy, 20 hold, 3 sell. Over the last six months there have been 3 raises and 8 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full RPD forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Rapid7, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Platform consolidation. Rapid7's Insight platform spans vulnerability management, detection and response, cloud security, and app security. The most optimistic published target, $13.00, assumes this works close to its best case.

The case against. Rapid7 competes against larger, better-capitalized platforms (CrowdStrike, Palo Alto Networks, Microsoft, Tenable, Qualys) that bundle overlapping vulnerability, SIEM, and cloud-security capabilities, pressuring pricing and growth. The most pessimistic target, $6.00, is roughly what RPD is worth if this bites instead.

Read the full bull and bear case on RPD, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Rapid7, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$850 million
• Annual recurring revenue: Around or above $800 million
• Revenue growth: Modest (mid-single to low-double-digit)
• Operating margin: Near breakeven GAAP; positive non-GAAP
• Free cash flow: Positive and improving
• Price to sales: Low single digits
• Dividend yield: None
• Net retention: Moderate (land-and-expand)

Rapid7 trades at a more modest multiple than fast-growing security peers, reflecting decelerating growth offset by improving free cash flow and profitability. The valuation embeds skepticism about competing with mega-platforms, so the stock tends to re-rate on signs of reaccelerating ARR or stronger margins, and de-rate when growth or retention soften.

Other names that sit close to RPD: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get RPD exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so RPD sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where RPD fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Rapid7 (RPD) is a recurring-revenue security platform leaning into managed services and margins as growth slows. In a portfolio it behaves as a mid-cap, value-tilted cybersecurity holding that re-rates on reaccelerating ARR or stronger cash flow and de-rates when growth or retention soften, sitting alongside faster-growing platform names.

Whether RPD is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is RPD a buy or a sell?, and where the stock could go from here in the RPD stock forecast.

For income investors, whether RPD pays a dividend and how the payout looks is covered in does RPD pay a dividend? And to weigh RPD against a peer, read the full side-by-side comparisons: RPD vs TENB and RPD vs QLYS.