Cybersecurity firm unveils crypto phishing campaign targeting 885,000 phone numbers
Cybersecurity firm Rapid7 has uncovered "Operation Asterix," a new crypto phishing campaign that targeted approximately 885,000 phone numbers globally. The campaign utilized fake emails impersonating exchanges like Crypto.com and led victims to spoofed apps for hardware wallets such as Ledger, Trezor, and Exodus to steal seed phrases. This operation achieved a "hit rate" of about 13.6% among identified crypto users, highlighting the persistent threat of social engineering in the crypto industry.
Rapid7, Tenable, CrowdStrike, Twilio, and Datadog Shares Plummet, What You Need To Know
Shares of Rapid7, Tenable, CrowdStrike, Twilio, and Datadog plummeted after a Bloomberg report revealed Anthropic's Q2 revenue topped $11.5 billion, and news broke of potential IPOs for Anthropic and OpenAI. This increased competitive pressure from AI labs, suggesting a shift in enterprise IT spending and potentially leading to a new "long AI labs, short enterprise SaaS" trading trend. Despite the drop, some analysts note that AI advancements are also driving a need for more robust, AI-native defense platforms, benefiting companies like CrowdStrike.
Rapid7, Tenable, CrowdStrike, Twilio, and Datadog Shares Plummet, What You Need To Know
Shares of Rapid7, Tenable, CrowdStrike, Twilio, and Datadog plummeted after a Bloomberg report indicated increased competitive pressure from artificial intelligence, with Anthropic's Q2 revenue topping $11.5 billion. Compounding concerns, OpenAI's CFO Sarah Friar stated the AI lab would go public by 2027 or sooner, potentially followed by Anthropic's IPO in September, which could shift investor focus from enterprise SaaS companies to AI labs with faster growth. This market reaction is seen as an overreaction, potentially offering buying opportunities for high-quality stocks.
Rapid7 Finds Nearly Two-Thirds of Vulnerabilities Exploited in Q2 2026 Required No User Interaction to Initiate
Rapid7's latest Quarterly Threat Landscape Report reveals that traditional patching models are failing as vulnerability volumes and weaponization speeds increase. The report highlights that nearly two-thirds of newly exploited vulnerabilities in Q2 2026 were "zero-click" flaws requiring no user interaction, and that the window between disclosure and active exploit is collapsing. This necessitates a shift for security teams from static severity scores and periodic patching to focusing on evidence-based exposure management and vulnerabilities that can actually be exploited.
Newly exploited security flaws jumped from 8% to 40% in Rapid7's Q2 report
Rapid7's Q2 2026 Quarterly Threat Landscape Report reveals a significant increase in newly exploited vulnerabilities, surging from 8% to 40%. The report highlights that 62% of these exploited flaws required no user interaction, challenging traditional patching models. It also notes a doubling of high and critical vulnerability disclosures year-over-year and a 247% increase in missing authentication disclosures, emphasizing the urgent need for a shift towards evidence-based exposure management rather than reliance on static CVSS scores and periodic patching.
Rapid7, ServiceNow, and monday.com Shares Are Falling, What You Need To Know
Shares of Rapid7, ServiceNow, and monday.com experienced declines after Bloomberg reported Anthropic's preliminary second-quarter revenue exceeded $11.5 billion, fueling concerns that AI tools could diminish demand for traditional software. This market reaction suggests a shift in investor perception, treating AI tools as a significant revenue generator rather than just a demo. monday.com, in particular, saw a 4.9% drop and has fallen 42% year-to-date, trading significantly below its 52-week high.
Rapid7, Inc. (NASDAQ:RPD) Given Average Recommendation of "Reduce" by Analysts
Rapid7, Inc. (NASDAQ:RPD) has received an average "Reduce" recommendation from twenty-three analysts, with four rating it a sell, eighteen a hold, and one a buy. Despite exceeding quarterly earnings estimates with $0.44 EPS and $210.88 million in revenue, the company experienced a 1.5% year-over-year revenue decline. Institutional ownership remains high at 95.66%, though analysts express concerns about near-term performance due to restructuring costs and execution risks as Rapid7 refocuses on its core platform.
Rapid7 (RPD) withholds 1,060 shares from CAO for taxes
Rapid7, Inc.'s Chief Accounting Officer, Scott M. Murphy, had 1,060 shares of common stock withheld by the company to cover tax obligations arising from the vesting of restricted stock units. This transaction, valued at $13.00 per share, occurred on August 15, 2026, and is categorized as a code F transaction. Following this, Murphy directly beneficially owns 37,738 shares of Rapid7 common stock.
Rapid7 (RPD) chair has 7,726 shares withheld for taxes
Rapid7, Inc. Executive Chairman Corey E. Thomas had 7,726 shares of common stock withheld by the issuer on August 15, 2026, at a price of $13.00 per share to satisfy tax withholding obligations. This transaction was related to the vesting of previously granted restricted stock units. Following this event, Thomas directly holds 643,274 shares, with additional indirect holdings through Thomas Family Holdings LLC and an irrevocable trust.
Rapid7 and StarLink expand partnership to strengthen security operations across Africa
Rapid7 and StarLink have expanded their strategic distribution partnership across Egypt, Nigeria, South Africa, and Kenya to enhance cybersecurity operations. This collaboration aims to equip regional partners with the technical expertise and service capabilities needed to improve visibility, prioritize risks, and accelerate incident response for customers. The partnership focuses on enabling resellers, systems integrators, and managed security service providers to build sustainable security practices in a rapidly evolving digital landscape.
5 Insightful Analyst Questions From Rapid7’s Q2 Earnings Call
Rapid7's Q2 results exceeded analyst estimates, driven by a focus on core security offerings and operational streamlining. The company is reshaping its portfolio to invest more in detection and response and exposure management, while addressing declines in non-core products. Analysts questioned the balance between operating leverage and growth, the future of non-core products, pipeline trends, and the impact of restructuring, all of which management addressed with a phased turnaround strategy and details on cost savings.
5 Insightful Analyst Questions From Rapid7’s Q2 Earnings Call
Rapid7 delivered Q2 results that beat analyst estimates for revenue, EPS, and EBITDA, attributing performance to a focused strategy on core security offerings and operational streamlining. Management reconfirmed full-year revenue guidance and raised EPS guidance. The article highlights five key analyst questions from the earnings call, focusing on portfolio reshaping, operating leverage, non-core product strategy, pipeline trends, and restructuring impacts.
Renaissance Technologies LLC Purchases 125,700 Shares of Rapid7, Inc. $RPD
Renaissance Technologies LLC significantly increased its stake in Rapid7, Inc. (NASDAQ:RPD) by 535% in the first quarter, acquiring an additional 125,700 shares. This move brings their total holdings to 149,196 shares, valued at approximately $822,000. Despite strong institutional ownership (95.66%) and Rapid7 beating quarterly earnings and revenue expectations, analyst sentiment remains cautious with a "Reduce" consensus rating and a $11.98 price target.
Assenagon Asset Management S.A. Acquires 87,178 Shares of Rapid7, Inc. $RPD
Assenagon Asset Management S.A. significantly increased its stake in Rapid7, Inc. (NASDAQ:RPD) by 113.7% in the second quarter, acquiring an additional 87,178 shares to bring its total to 163,844 shares valued at approximately $1.33 million. Despite the company exceeding quarterly earnings and revenue expectations, analyst sentiment remains cautious, with a consensus "Reduce" rating and an average price target of $11.98. Rapid7's revenue declined year-over-year, and planned restructuring introduces potential execution and cost pressures, although positive news regarding AI governance demand and price target increases from some analysts offer a mixed outlook.
Rapid7 Inc (RPD) Stock Down 5.7% -- Now Undervalued? GF Score: 5
Rapid7 Inc (RPD) stock recently dropped 5.7% to $13.00, placing it significantly below its GF Value™ estimate of $33.93, indicating it is undervalued but with a "Possible Value Trap" warning. The company's GF Score™ is 55/100, with strong momentum but weaknesses in financial strength, profitability, growth, and valuation. Mixed sentiment from gurus and a lack of recent insider transactions suggest caution for investors despite the apparent undervaluation.
Quantinno Capital Management LP Has $1.44 Million Stock Position in Rapid7, Inc. $RPD
Quantinno Capital Management LP significantly increased its stake in Rapid7, Inc. by 776.1% in the first quarter, now holding 260,359 shares valued at $1.44 million. Despite the positive institutional activity and better-than-expected Q2 earnings, Rapid7's revenue declined year-over-year, and analysts maintain a cautious "Reduce" rating with an average price target of $11.98. The company faces risks related to leverage, restructuring execution, and recent share volatility.
Rapid7, 8x8, Doximity, Marqeta, and Tenable Shares Are Soaring, What You Need To Know
Shares of Rapid7, 8x8, Doximity, Marqeta, and Tenable surged after the Bureau of Labor Statistics reported a flat July Producer Price Index and a moderating Consumer Price Index, suggesting cooling inflation. This macroeconomic data often boosts software stocks by reducing the discount rate applied to their future cash flows. Rapid7, in particular, saw a 3.6% jump, building on recent positive earnings news and a strategic pivot towards AI-powered security.
Rapid7, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Rapid7, Inc. (NASDAQ: RPD) exceeded earnings expectations with a profit of US$0.09 per share, significantly higher than forecasted, despite revenues meeting analyst predictions. Following these results, analysts have substantially increased their earnings per share expectations for 2026 and raised the consensus price target to US$11.71, indicating increased optimism. However, revenue growth is projected to slow and underperform the wider industry.
Rapid7 Inc (RPD) Shares Fall 8.2% -- What GF Score of 59 Tells Investors
Rapid7 Inc (RPD) shares dropped 8.2% to $12.27, trading significantly below its GF Value™ of $33.95, indicating it is undervalued but possibly a "Value Trap." The company holds a GF Score™ of 59/100, suggesting average performance with strong momentum but weak financial strength and profitability. Investors are advised to exercise caution due to these mixed signals and the lack of recent insider transactions.
Rapid7 gets price target boost at Susquehanna after strong Q2 results, layoffs (RPD:NASDAQ)
Rapid7 (RPD) received a price target boost from Susquehanna following its second-quarter results. While the quarter was mixed, the cybersecurity firm's profitability guidance for the full year came in ahead of expectations, partly due to anticipated benefits from recent layoffs.
Global Study Finds 97% of Security Pros Report AI Helps
Rapid7 (NASDAQ: RPD) released a global study revealing that while AI is widely adopted in security operations centers, a significant governance gap exists, with executive leaders 1.6 times more concerned about AI vendor data handling than practitioners. The research indicates 97% of security professionals view AI positively, attributing it to reduced alert fatigue and augmented analyst productivity, emphasizing that human oversight remains crucial. This shift highlights that the focus for AI in cybersecurity is moving from adoption to responsible governance and transparency.
Canaccord raises Rapid7 stock price target on margin outlook
Canaccord has increased its price target for Rapid7 (NASDAQ: RPD) to $14 from $7, while maintaining a Hold rating. The upgrade is attributed to the company's 20% operating margin target by fiscal year 2026. Despite a mixed analyst outlook and recent revenue declines, the stock has shown significant momentum, with an 89% gain over the past six months.
Rapid7 Lays Off 12% of Staff as New CEO Reshapes Cyber Firm
Rapid7, a managed cybersecurity operations vendor, announced a 12% workforce reduction, eliminating 314 positions, just two months after Wael Mohamed took over as CEO. This strategic move aims to streamline operations, enhance competitiveness, and reinvest in AI-driven solutions. The company expects to spend up to $11 million on severance and benefits, with the goal of improving non-GAAP operating margin and free cash flow in the coming years.
Rapid7 Announces Second Quarter 2026 Financial Results
Rapid7, Inc. (Nasdaq: RPD), a leader in AI-powered managed cybersecurity operations, announced its financial results for the second quarter of 2026. The full press release is available on the company's investor site. Rapid7 provides cybersecurity solutions through its Command Platform, serving over 11,500 customers globally.
Rapid7 to cut 12% of workforce in restructuring plan
Rapid7, Inc. announced a restructuring plan approved by its board on August 7, 2026, which includes a 12% reduction in its workforce. The company expects to incur $10 million to $11 million in charges, primarily cash payments for employee transition and severance. The majority of these charges are anticipated in Q3 and Q4 2026, with cash payments largely completed by the end of 2026, though some international processes may extend beyond that due to local laws.
Rapid7 Announces 2026 Restructuring to Refocus Core Platform
Rapid7 (RPD) announced a restructuring plan on August 7, 2026, including a 12% workforce reduction, to refocus investments on its core Command Platform, detection and response, and exposure management solutions. This move is expected to incur $10-$11 million in charges primarily in Q3 and Q4 2026. Despite a slight revenue and ARR decline in Q2 2026, the company reported positive operating income and strong liquidity, while guiding for lower revenue but higher non-GAAP profitability for the rest of 2026.
Rapid7’s Strong Q2 2026 Results Signal Resilience Amid Cybersecurity Challenges
Rapid7 (Nasdaq: RPD) reported strong Q2 2026 financial results, aligning with a cybersecurity market driven by integrated, AI-powered platforms. Enterprise buyers are increasingly consolidating vendors and expanding budgets for cybersecurity, prioritizing integration over new features. Rapid7's strategy, focused on AI-powered managed cybersecurity operations, positions it well to capture this growing market share as SOC modernization and managed detection remain top investment priorities.
Stifel raises Rapid7 stock price target on Q2 beat, ARR decline
Stifel increased its price target for Rapid7 (NASDAQ: RPD) to $13.00 from $7.00, maintaining a Hold rating, after the cybersecurity company surpassed lowered Q2 expectations despite a decline in annual recurring revenue (ARR). The company reported ARR of $824 million, exceeding expectations, though it marked an 18th consecutive quarter of ARR growth deceleration and the second consecutive quarter of year-over-year ARR declines. Rapid7 announced a restructuring plan including a 12% workforce reduction and issued Q3 guidance with lower ARR and revenue but higher operating income and EPS than consensus estimates.
Rapid7 Analysts Boost Their Forecasts Following Better-Than-Expected Q2 Earnings
Rapid7 (NASDAQ: RPD) reported strong Q2 earnings, exceeding analyst estimates with 44 cents per share and $210.883 million in sales. Following this performance, the company raised its FY2026 adjusted EPS guidance, leading several analysts to increase their price targets for RPD. The stock gained 16.4% after the announcement.
Rapid7 (NASDAQ:RPD) Price Target Raised to $10.00
Robert W. Baird has raised its price target for Rapid7 (NASDAQ:RPD) from $8.00 to $10.00, while maintaining a "neutral" rating, despite this still implying a 13.87% potential downside. The company recently surpassed quarterly earnings expectations with an adjusted EPS of $0.44 and revenue of $210.9 million, although revenue saw a slight year-over-year decline. Rapid7's stock performance and analyst sentiment reflect caution, with an average "Reduce" rating and a target price of $9.58 across various analysts.
RAPID7, INC. : STIFEL RAISES TARGET PRICE TO $13 FROM $7
Stifel has increased its target price for Rapid7, Inc. (RPD.O) to $13 from the previous $7. This adjustment reflects an updated outlook from the financial institution regarding the cybersecurity company's stock. The information was reported by Reuters.
Massachusetts cybersecurity firm cuts 12% of staff under new CEO
Rapid7 Inc., a Massachusetts-based cybersecurity firm, is undergoing significant staff reductions. The company announced it would lay off approximately 12% of its workforce, a decision approved by its board on August 7th. This move comes shortly after the appointment of a new CEO and an earlier 1% headcount reduction.
Rapid7 lays off 12% of staff as new CEO pushes shift to core platform
Cybersecurity firm Rapid7 has announced a 12% staff layoff following the appointment of Wael Mohamed as the new CEO. Mohamed, who joined the board after a settlement with activist investor Jana Partners, is spearheading a strategic shift to focus on the company's core platform. This move aligns with a broader trend of job cuts in the tech sector, including other cybersecurity firms.
Rapid7 beats estimates, raises profit outlook and cuts 12% of staff
Rapid7 Inc. reported better-than-expected second-quarter earnings and revenue, leading to an over 8% rise in its shares. Despite the positive financial performance, the cybersecurity company announced plans to cut approximately 12% of its workforce, impacting around 310 jobs, to focus on core areas like detection and response. The company also raised its full-year profit outlook while providing slightly lighter third-quarter revenue guidance.
Rapid7 Inc earnings beat by $0.09, revenue topped estimates
Rapid7 Inc (NASDAQ: RPD) surpassed analyst expectations for its second-quarter earnings, reporting an EPS of $0.44 against an estimate of $0.35, and revenue of $210.88M, exceeding the consensus of $208.23M. The company also provided optimistic guidance for Q3 and FY 2026 EPS, with its stock showing significant gains over the last three months despite a year-over-year decline.
Rapid7 (NASDAQ:RPD) Posts Better-Than-Expected Sales In Q2 CY2026, Stock Soars
Rapid7 (NASDAQ:RPD) reported better-than-expected revenue and adjusted EPS for Q2 CY2026, with sales reaching $210.9 million and EPS at $0.44. Despite a year-on-year revenue decline of 1.5%, the company's adjusted EBITDA and full-year EPS guidance surpassed analyst expectations. Management also raised its full-year Adjusted EPS guidance, leading to a 6.1% increase in the stock price immediately after the report.
Amundi Has $863,000 Position in Rapid7, Inc. $RPD
Amundi reduced its stake in Rapid7, Inc. (NASDAQ:RPD) by 95.3% in the first quarter, now holding 156,708 shares valued at $863,000. Other institutional investors like Quantinno Capital Management LP and Renaissance Technologies LLC increased their holdings. Rapid7's stock performance shows a 1-year low of $4.97 and a high of $21.78, with a current market capitalization of $773.22 million.
Rapid7 Earnings: What To Look For From RPD
Rapid7 (RPD) is scheduled to report its earnings after the bell on Monday. The company beat revenue expectations last quarter, but the market anticipates a 2.9% year-on-year revenue decline for the upcoming report. Peers in the cybersecurity sector, Qualys and Tenable, have shown positive results, and investor sentiment for the segment is generally positive, although Rapid7's stock performance has lagged its peers.
Is Rapid7, Inc. (NASDAQ:RPD) Potentially Undervalued?
Rapid7, Inc. (NASDAQ:RPD) appears to be undervalued, with an intrinsic value of $73.26 against its current trading price of $49.17. The company is expected to grow its revenues by 40% over the next few years, suggesting a promising future. This presents a potential buying opportunity for investors, although the stock's volatility (high beta) means its price could fluctuate further.
Pacer Advisors Inc. Increases Holdings in Rapid7, Inc. $RPD
Pacer Advisors Inc. increased its stake in Rapid7, Inc. (NASDAQ:RPD) by 24.3% in the first quarter, now holding 469,912 shares valued at approximately $2.59 million. Despite this, Wall Street analysts maintain a cautious "Reduce" rating for Rapid7, with an average target price of $9.03. The company recently beat earnings expectations, reporting $0.36 EPS against a $0.30 consensus, though revenue saw a slight year-over-year decline.
Bandwidth, Rapid7, Atlassian, RingCentral, and CrowdStrike Shares Skyrocket, What You Need To Know
Shares of Bandwidth, Rapid7, Atlassian, RingCentral, and CrowdStrike surged in premarket trading, driven by a strong earnings report from Palantir and easing geopolitical tensions. Palantir's impressive AI platform demand and a diplomatic shift regarding the Strait of Hormuz led to lower Treasury yields, benefiting growth-oriented tech stocks. This combination of factors, including lower borrowing costs and confirmed AI monetization, sparked a significant rally across the enterprise software, cybersecurity, and cloud infrastructure sectors.
Bandwidth, Rapid7, Atlassian, RingCentral, and CrowdStrike Shares Skyrocket, What You Need To Know
Shares in enterprise software, cybersecurity, and cloud infrastructure sectors, including Bandwidth, Rapid7, Atlassian, RingCentral, and CrowdStrike, surged following Palantir's strong earnings report and an improved geopolitical climate. Palantir's exceptional Q2 performance, driven by demand for its AI Platform, alleviated concerns about AI monetization, while de-escalation of Middle East tensions lowered oil prices and Treasury yields, creating a "risk-on" environment for growth tech stocks. This combination led to a significant premarket rally and increased investor confidence in high-growth technology companies.
Earnings Preview: Rapid7 to Report Financial Results Post-market on August 10
This article provides an earnings preview for Rapid7, stating that the company is scheduled to report its financial results post-market on August 10. No further details about the expected results or analysis are included, as the provided content is a placeholder.
Bandwidth, Rapid7, Atlassian, RingCentral, and CrowdStrike Shares Skyrocket, What You Need To Know
Shares of several enterprise software, cybersecurity, and cloud infrastructure companies, including Bandwidth, Rapid7, Atlassian, RingCentral, and CrowdStrike, surged in Tuesday's premarket trading. This rally was driven by Palantir's strong earnings report, showcasing high demand for its AI Platform, and a de-escalation of geopolitical tensions in the Middle East, which led to lower oil prices and Treasury yields. The combination of definitive AI monetization and a "risk-on" macro environment fueled a rotation back into growth-oriented tech equities.
Rapid7 expands UK channel reach through Exclusive Networks partnership
Rapid7 has partnered with Exclusive Networks to expand its cybersecurity channel presence in the UK. Exclusive Networks will serve as Rapid7's strategic distributor, offering partner enablement and go-to-market support for Rapid7's cybersecurity portfolio. This collaboration aims to increase access to Rapid7's solutions for strategic partners and managed security service providers, fostering channel-led growth in the UK market.
(RPD) Volatility Zones as Tactical Triggers
The article analyzes Rapid7 Inc. (NYSE: RPD) with a focus on volatility zones as tactical triggers, indicating weak sentiment across all horizons which supports a short bias. It outlines institutional trading strategies including position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis. The analysis suggests compelling upside potential as no resistance levels remain above the current price.
Rapid7 Inc. (RPD) Q4 2022 Earnings Report - Results, Call & Slides
Rapid7 Inc. (RPD) reported strong Q4 2022 earnings, beating both EPS and revenue expectations. The company posted an actual EPS of $0.35 against a consensus of $0.18, and actual revenue of $184.48 million, surpassing the expected $179.46 million with a 21.66% year-over-year growth. The report includes details on past earnings, an audio recording of the earnings call, and slide deck for Q4 2022.
RPD|Rapid7 Inc|Price:9.475|Chg%:+0.085
This article provides a comprehensive stock analysis of Rapid7 Inc (RPD) by TradingKey. It highlights the company's healthy fundamentals, significant growth potential, and fair valuation within the Software & IT Services industry. The analysis also covers institutional ownership, analyst ratings, price momentum, and risk assessment, noting a high institutional ownership and a "Hold" rating from analysts with an expected upward trend in the stock price.
Rapid7 Inc. (RPD) Q3 2024 Earnings Report - Results, Call & Slides
This article provides the Q3 2024 earnings report for Rapid7 Inc. (RPD), detailing its financial results, including an actual EPS of $0.66 against a consensus of $0.52 and actual revenue of $214.65M against an expected $210.04M. The company beat both EPS and revenue expectations for the quarter, showing a year-over-year revenue growth of 7.95%. The report also includes details about the earnings call, slide deck, and historical earnings data for RPD.
Rapid7 reveals availability of Rapid7 Cyber GRC
Rapid7 has announced the availability of Rapid7 Cyber GRC, an expansion of its Command Platform with native governance, risk, and compliance (GRC) capabilities. This new offering aims to help organizations understand cyber-risk, validate control effectiveness, and simplify compliance by integrating GRC workflows with live security operations data. Rapid7 Cyber GRC uses AI-powered assistants for compliance workflows and third-party assessments, making Rapid7 the first major security operations platform to unify SecOps and GRC.
