Rapid7, Inc. has recently unveiled its cutting-edge AI-driven cloud anomaly detection feature, revolutionizing the way organizations identify and prioritize unusual activities within their cloud environment. With the aim of empowering security operations center (SOC) teams, this groundbreaking innovation enables them to swiftly identify and investigate suspicious behavior across their attack surface.
This state-of-the-art solution harnesses the power of artificial intelligence and operates without the need for agents, providing unparalleled detection capabilities for cloud security. Rapid7, renowned for its expertise in extended risk and threat detection, has further solidified its position in the cybersecurity realm with this remarkable advancement.
On November 20, 2023, Rapid7 made the exciting announcement, underscoring the company’s unwavering dedication to leveraging AI technology to fortify cloud security. With this game-changing addition to their arsenal, Rapid7 continues to lead the way in safeguarding organizations from emerging cyber threats.
Rapid7, Inc.
RPD
Sell
Updated on: 04/12/2023
Financial Health
Unhealthy
Debt to equity ratio: Strong Sell
Price to earnings ratio: Strong Sell
Price to book ratio: Strong Sell
DCF: Strong Buy
ROE: Neutral
Rapid7 Inc. (RPD) Stock Analysis: Impressive Earnings Growth and Promising Future in the Technology Services Industry
On November 20, 2023, Rapid7 Inc. (RPD) had a mixed trading day, with its stock experiencing some fluctuations. The previous day’s closing price was $51.84, and the stock opened at $51.60. Throughout the day, the stock’s price ranged between $51.60 and $53.05. The trading volume was 5,291 shares, which is significantly lower than the average volume of 898,101 shares over the past three months. Rapid7’s market capitalization stood at $3.2 billion.
Rapid7 has shown impressive earnings growth in recent years. Last year, its earnings growth was 19.55%, and this year it has seen a significant surge of 144.87%. Looking ahead, the company is projected to maintain a steady earnings growth rate of 15.00% over the next five years. Additionally, Rapid7’s revenue growth in the previous year was 27.96%, indicating a positive trend for the company.
The P/E ratio for Rapid7 is listed as NM, which means it is not meaningful due to negative earnings or losses. The price/sales ratio stands at 2.90, suggesting that investors are willing to pay $2.90 for every dollar of the company’s sales. The price/book ratio is not available.
In comparison to other stocks, Weibo Corp (WB) experienced a positive gain of 4.36% on November 20, 2023, with an increase of $0.51. On the other hand, Zillow Group Inc (ZG) saw a decline of 1.09% or -$0.41 on the same day.
Rapid7’s next reporting date is scheduled for February 7, 2024. Analysts forecast an earnings per share (EPS) of $0.34 for the upcoming quarter. The company’s annual revenue for the previous year was $685.1 million, while the annual profit was -$124.7 million. The net profit margin was -18.20%, indicating that the company’s expenses exceeded its revenue.
Rapid7 operates in the technology services sector and is part of the information technology services industry. Unfortunately, no executives are displayed for the company. The corporate headquarters of Rapid7 is located in Boston, Massachusetts.
Overall, Rapid7 has demonstrated strong earnings and revenue growth, positioning itself as a promising player in the technology services industry. Investors will closely monitor the company’s performance and its ability to turn its negative profit margin into a positive one.
Rapid7 Inc Stock Analysis: Projected Earnings and Growth Opportunities in the Cybersecurity Industry
On November 20, 2023, Rapid7 Inc (RPD) stock experienced a steady performance, with the 15 analysts offering 12-month price forecasts projecting a median target price of $54.00. This represents a 2.74% increase from the last recorded price of $52.56. The high estimate for the stock price is $60.00, while the low estimate is $48.00.
Rapid7 Inc, a cybersecurity company, is expected to report its earnings for the current quarter on February 7. The projected earnings per share for this quarter is $0.34, while the sales are estimated to be $207.6 million.
Investors and analysts are closely monitoring Rapid7 Inc’s performance, as the company operates in the rapidly growing cybersecurity industry. With cyber threats becoming increasingly prevalent, businesses and individuals are investing more in cybersecurity solutions, creating potential growth opportunities for companies like Rapid7 Inc.
The median target price of $54.00 suggests that analysts are optimistic about the future prospects of Rapid7 Inc. However, it is important for investors to conduct their own research and consider various factors before making any investment decisions.
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