Market Summary
USD48.85+1.92
Market Closed4.09%
RPD Stock Price
RPD RSI Chart
RPD Valuation
RPD Price/Sales (Trailing)
RPD Profitability
RPD Fundamentals
RPD Revenue
RPD Earnings
Price Action
52 Week Range
26.4974.88
(Low)(High)
Last 7 days
8.7%
Last 30 days
-1.5%
Last 90 days
3.1%
Trailing 12 Months
-30.8%
RPD Financial Health
RPD Investor Care
Peers (Alternatives to Rapid7)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MSFT | 2.5T | 207.6B | 12.70% | 25.81% | 35.87 | 11.93 | 7.81% | -4.74% |
ADBE | 190.7B | 18.0B | 14.41% | 1.66% | 40.25 | 10.59 | 11.50% | -1.86% |
AZPN | - | - | -29.25% | -13.98% | - | - | - | - |
ORCL | 281.0B | 48.0B | 11.07% | 46.64% | 33.56 | 5.86 | 14.66% | 10.75% |
CRM | 217.4B | 31.4B | 12.49% | 32.61% | 1.0K | 6.93 | 19.41% | -85.60% |
ZM | 20.5B | 4.4B | 7.88% | -38.07% | 198.13 | 4.68 | 7.15% | -92.46% |
| MID-CAP | ||||||||
APPN | 2.9B | 489.0M | 13.36% | -11.92% | -19.47 | 6.28 | 23.89% | -67.60% |
MANH | 11.1B | 809.1M | 8.18% | 50.50% | 81.07 | 13.74 | 17.99% | 15.82% |
GWRE | 6.7B | 869.9M | 8.60% | 1.58% | -39.92 | 7.66 | 13.87% | -28.82% |
PING | 2.4B | - | 1.17% | 7.67% | -23.16 | 7.93 | - | - |
| SMALL-CAP | ||||||||
ZUO | 1.1B | 396.1M | 29.79% | 5.39% | -5.73 | 2.87 | 14.23% | -99.11% |
YEXT | 1.1B | 400.9M | 1.28% | 74.75% | -16.18 | 2.66 | 2.63% | 29.30% |
UPLD | 92.8M | 315.6M | -17.82% | -77.71% | -0.5 | 0.29 | 2.89% | -207.54% |
Financials for Rapid7
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 3.8% | 711 | 685 | 652 | 616 | 575 |
| Gross Profit | 4.5% | 492 | 471 | 443 | 417 | 391 |
| Operating Expenses | 0.8% | 587 | 582 | 582 | 568 | 529 |
| S&GA Expenses | 1.8% | 313 | 307 | 302 | 289 | 268 |
| R&D Expenses | -1.8% | 187 | 190 | 196 | 191 | 178 |
| EBITDA | 32.0% | -70.28 | -103 | -113 | -111 | - |
| EBITDA Margin | 35.3% | -0.10* | -0.16* | -0.18* | -0.19* | - |
| Earnings Before Taxes | 14.9% | -104 | -122 | -155 | -164 | -149 |
| EBT Margin | 24.9% | -0.18* | -0.24* | -0.27* | -0.26* | - |
| Interest Expenses | 0.2% | 11.00 | 11.00 | 11.00 | 11.00 | 12.00 |
| Net Income | 15.3% | -105 | -124 | -157 | -166 | -161 |
| Net Income Margin | 24.8% | -0.18* | -0.24* | -0.27* | -0.28* | - |
| Free Cahsflow | 127.8% | 58.00 | 25.00 | 28.00 | 33.00 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | -2.2% | 1,329 | 1,359 | 1,296 | 1,286 | 1,274 |
| Current Assets | -10.9% | 455 | 510 | 439 | 430 | 411 |
| Cash Equivalents | -0.5% | 206 | 207 | 168 | 163 | 141 |
| Net PPE | -2.2% | 57.00 | 58.00 | 55.00 | 51.00 | 50.00 |
| Goodwill | 4.3% | 538 | 516 | 516 | 516 | 515 |
| Liabilities | -2.7% | 1,440 | 1,479 | 1,438 | 1,434 | 1,410 |
| Current Liabilities | -7.1% | 494 | 531 | 487 | 484 | 460 |
| Shareholder's Equity | 8.2% | -110 | -120 | -136 | - | - |
| Retained Earnings | -3.0% | -886 | -860 | -849 | -820 | -781 |
| Additional Paid-In Capital | 4.6% | 781 | 746 | 718 | 681 | 651 |
| Accumulated Depreciation | 9.2% | 38.00 | 35.00 | - | - | - |
| Shares Outstanding | 1.0% | 60.00 | 60.00 | 59.00 | 59.00 | 58.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -5.8% | 74.00 | 78.00 | 43.00 | 42.00 | 44.00 |
| Share Based Compensation | 0.4% | 120 | 120 | 121 | 119 | 111 |
| Cashflow From Investing | 64.4% | -14.25 | -39.99 | -52.33 | -307 | -342 |
| Cashflow From Financing | -5.0% | 7.00 | 7.00 | -42.85 | -57.11 | -61.23 |
| Buy Backs | NaN% | 0.00 | 0.00 | - | - | - |
Risks for RPD
What is the probability of a big loss on RPD?
74.6%
Probability that Rapid7 stock will be more than 20% underwater in next one year
56.1%
Probability that Rapid7 stock will be more than 30% underwater in next one year.
39.6%
Probability that Rapid7 stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does RPD drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Rapid7 was unfortunately bought at previous high price.
Drawdowns
Returns for RPD
Cumulative Returns on RPD
21.4%
7-Year Cumulative Returns
10.1%
5-Year Cumulative Returns
2.1%
3-Year Cumulative Returns
What are the long-term rolling returns for RPD?
FIve years rolling returns for Rapid7.
Annualized Returns
Which funds bought or sold RPD recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-23 | Capital Impact Advisors, LLC | reduced | -30.59 | -41,114 | 619,831 | 0.76% |
2023-05-23 | Front Row Advisors LLC | unchanged | - | 1,000 | 3,000 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | new | - | 7,022,710 | 7,022,710 | -% |
2023-05-22 | PUTNAM INVESTMENTS LLC | sold off | -100 | -477,968 | - | -% |
2023-05-22 | PUTNAM INVESTMENTS LLC | new | - | 2,331,820 | 2,331,820 | -% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -32.02 | -489,149 | 5,493,850 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -26.22 | -5,000 | 1,428,000 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | unchanged | - | 245,000 | 2,436,000 | -% |
2023-05-17 | Advisory Services Network, LLC | unchanged | - | 1,611 | 6,198 | -% |
2023-05-16 | FRED ALGER MANAGEMENT, LLC | added | 149 | 28,132,800 | 39,966,300 | 0.21% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Rapid7 News
Schedule 13G FIlings of Rapid7
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 06, 2023 | wellington management group llp | 4.51% | 2,668,858 | SC 13G/A | |
| Jan 27, 2023 | blackrock inc. | 10.9% | 6,462,375 | SC 13G/A | |
| Jan 23, 2023 | blackrock inc. | 10.9% | 6,462,375 | SC 13G/A | |
| Jan 10, 2023 | vanguard group inc | 10.33% | 6,118,655 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 04, 2022 | wellington management group llp | 6.77% | 3,822,531 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 8.3% | 4,690,116 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 8.99% | 4,660,124 | SC 13G/A | |
| Feb 08, 2021 | fmr llc | - | 0 | SC 13G | |
| Feb 04, 2021 | wellington management group llp | 7.42% | 3,845,872 | SC 13G |
RPD Fair Value
Recent SEC filings of Rapid7
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 17, 2023 | 4 | Insider Trading | |
| May 17, 2023 | 4 | Insider Trading | |
| May 17, 2023 | 4 | Insider Trading | |
| May 17, 2023 | 4 | Insider Trading | |
| May 10, 2023 | 10-Q | Quarterly Report | |
| May 09, 2023 | 8-K | Current Report | |
| Apr 20, 2023 | DEFA14A | DEFA14A | |
| Apr 20, 2023 | DEF 14A | DEF 14A | |
| Apr 20, 2023 | ARS | ARS | |
| Feb 24, 2023 | S-8 | Employee Benefits Plan |
Latest Insider Trading transactions for RPD
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-15 | Luconi Christina | sold (taxes) | -107,503 | 46.7 | -2,302 | chief people officer |
2023-05-15 | Adams Timothy M | sold (taxes) | -244,148 | 46.7 | -5,228 | chief financial officer |
2023-05-15 | Thomas Corey E. | sold (taxes) | -477,741 | 46.7 | -10,230 | ceo |
2023-05-15 | Burton Andrew F. | sold (taxes) | -493,386 | 46.7 | -10,565 | chief operating officer |
2023-02-15 | Burton Andrew F. | acquired | - | - | 81,652 | chief operating officer |
2023-02-15 | Adams Timothy M | sold (taxes) | -422,084 | 50.38 | -8,378 | chief financial officer |
2023-02-15 | Luconi Christina | sold (taxes) | -115,622 | 50.38 | -2,295 | chief people officer |
2023-02-15 | Burton Andrew F. | sold (taxes) | -267,568 | 50.38 | -5,311 | chief operating officer |
2023-02-15 | Thomas Corey E. | sold (taxes) | -461,632 | 50.38 | -9,163 | ceo |
2023-02-15 | Adams Timothy M | acquired | - | - | 65,336 | chief financial officer |
Rapid7, Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a solution that integrates posture management, workload protection, infrastructure entitlements management, infrastructure-as-code security, and Kubernetes protection; InsightVM, a vulnerability risk management solution that is designed to provide a way to collect vulnerability data, prioritize risk, and automate remediation; InsightAppSec, which provides application security testing that analyzes web applications for security vulnerabilities; and InsightConnect, a security orchestration and automation response solution that is used by security professionals. The company's other products include DivvyCloud, a cloud security posture management solution; Nexpose, an on-premises version of company's vulnerability risk management solution; AppSpider, an on-premises version of company's application security testing solution; and Metasploit, a penetration testing software solution, as well as professional services. It offers its products through term or perpetual software licenses, cloud-based subscriptions, and managed services. The company serves customers in a range of industries, including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government, and professional services industries through sales teams, and indirect channel partner relationships, as well as directly in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2000 and is headquartered in Boston, Massachusetts.
RPD Income Statement
2023-03-31Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Revenue: | ||
| Total revenue | $ 183,174 | $ 157,384 |
| Cost of revenue: | ||
| Total cost of revenue | 55,999 | 51,289 |
| Total gross profit | 127,175 | 106,095 |
| Operating expenses: | ||
| Research and development | 46,346 | 49,812 |
| Sales and marketing | 80,587 | 75,146 |
| General and administrative | 24,207 | 21,516 |
| Total operating expenses | 151,140 | 146,474 |
| Loss from operations | (23,965) | (40,379) |
| Other income (expense), net: | ||
| Interest income | 1,668 | 112 |
| Interest expense | (2,717) | (2,693) |
| Other income (expense), net | (307) | (603) |
| Loss before income taxes | (25,321) | (43,563) |
| Provision for income taxes | 594 | 1,436 |
| Net loss | $ (25,915) | $ (44,999) |
| Net loss per share, basic (in dollars per share) | $ (0.43) | $ (0.78) |
| Net loss per share, diluted (in dollars per share) | $ (0.43) | $ (0.78) |
| Weighted-average common shares outstanding, basic (in Shares) | 59,888,119 | 57,724,821 |
| Weighted-average common shares outstanding, diluted (in Shares) | 59,888,119 | 57,724,821 |
| Products | ||
| Revenue: | ||
| Total revenue | $ 173,772 | $ 149,025 |
| Cost of revenue: | ||
| Total cost of revenue | 48,188 | 43,472 |
| Professional services | ||
| Revenue: | ||
| Total revenue | 9,402 | 8,359 |
| Cost of revenue: | ||
| Total cost of revenue | $ 7,811 | $ 7,817 |
RPD Balance Sheet
2023-03-31Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 205,757 | $ 207,287 |
| Short-term investments | 56,483 | 84,162 |
| Accounts receivable, net of allowance for credit losses of $2,320 and $2,299 at March 31, 2023 and December 31, 2022, respectively | 116,683 | 152,045 |
| Deferred contract acquisition and fulfillment costs, current portion | 36,171 | 34,906 |
| Prepaid expenses and other current assets | 39,527 | 31,907 |
| Total current assets | 454,621 | 510,307 |
| Long-term investments | 7,343 | 9,756 |
| Property and equipment, net | 56,638 | 57,891 |
| Operating lease right-of-use assets | 77,420 | 79,342 |
| Deferred contract acquisition and fulfillment costs, non-current portion | 69,144 | 68,169 |
| Goodwill | 538,037 | 515,631 |
| Intangible assets, net | 111,432 | 101,269 |
| Other assets | 14,824 | 16,626 |
| Total assets | 1,329,459 | 1,358,991 |
| Current liabilities: | ||
| Accounts payable | 8,475 | 10,255 |
| Accrued expenses | 57,545 | 80,306 |
| Operating lease liabilities, current portion | 12,853 | 12,444 |
| Deferred revenue, current portion | 413,992 | 426,599 |
| Other current liabilities | 809 | 1,663 |
| Total current liabilities | 493,674 | 531,267 |
| Convertible senior notes, non-current portion, net | 816,894 | 815,948 |
| Operating lease liabilities, non-current portion | 84,114 | 85,946 |
| Deferred revenue, non-current portion | 31,585 | 31,040 |
| Other long-term liabilities | 13,364 | 14,864 |
| Total liabilities | 1,439,631 | 1,479,065 |
| Stockholders’ deficit: | ||
| Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at March 31, 2023 and December 31, 2022; 0 shares issued at March 31, 2023 and December 31, 2022 | 0 | 0 |
| Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2023 and December 31, 2022; 60,891,488 and 60,206,277 shares issued at March 31, 2023 and December 31, 2022, respectively; 60,321,909 and 59,719,469 shares outstanding at March 31, 2023 and December 31, 2022, respectively | 603 | 597 |
| Treasury stock, at cost, 569,579 and 486,808 shares at March 31, 2023 and December 31, 2022, respectively | (4,765) | (4,764) |
| Additional paid-in-capital | 780,850 | 746,249 |
| Accumulated other comprehensive loss | (200) | (1,411) |
| Accumulated deficit | (886,660) | (860,745) |
| Total stockholders’ deficit | (110,172) | (120,074) |
| Total liabilities and stockholders’ deficit | $ 1,329,459 | $ 1,358,991 |
| Treasury stock, shares (in shares) | 569,579 | 486,808 |