Rapid7 found using ticker (RPD) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘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. Now with the previous closing price of 103.01 this would imply there is a potential upside of 27.4%. The 50 day moving average now sits at 97.97 and the 200 day MA is 110.64. The company has a market capitalisation of $6,226m. Company Website: https://www.rapid7.com
The potential market cap would be $7,933m 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 ludes InsightIDR, an ident 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 lude 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, luding 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 orporated in 2000 and is headquartered in Boston, Massachusetts.
