Rapid7 with ticker code (RPD) have now 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 155 and 103 with the average target price sitting at 131.25. Given that the stocks previous close was at 104.36 this is indicating there is a potential upside of 25.8%. The day 50 moving average is 101.58 and the 200 day MA is 109.56. The market cap for the company is $6,029m. Visit the company website at: https://www.rapid7.com
The potential market cap would be $7,582m based on the market concensus.
Rapid7 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.
