RPD Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Targets:
Rapid7 Inc (RPD) has shown notable upside potential based on analyst targets, with an average analyst target price of $39.44, representing a 35.59% increase from its current trading price of $29.09. However, Morgan Stanley recently revised its price target for RPD downward from $38 to $33, reflecting cautious optimism.
Technical Indicators:
- RSI (14): 36.46, indicating oversold conditions and potential for a rebound.
- MACD: -1.64, with the signal line above the MACD line, suggesting a potential bullish crossover.
- Fibonacci Levels: Resistance at $30.10 and support at $27.12.
Price Action:
- Current Price: $29.71 (as of 2025-03-24).
- Recent Movement: 5.02% increase during regular market hours, with pre-market gains of 4.60%.
Conclusion:
Based on oversold conditions and positive sector trends, RPD is expected to see a short-term rebound. The predicted price target for the next trading week is $31.20, representing a 5.5% increase.
Recommendation: Buy RPD with a target price of $31.20.
RPD Similar Chart Price Prediction
The price of RPD is predicted to go up -12.59%, based on the high correlation periods with CRSR. The similarity of these two price pattern on the periods is 97.33%.
RPD
CRSR
Down: -12.59%Similarity: 97.33%
RPD Revenue Forecast
RPD EPS Forecast
RPD FAQs
What is RPD revenue forecast for next quarter？
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RPD VS S&P500
Rapid7 has strong secular tailwinds in endpoint security and security operations where both markets are projected to grow rapidly.
Rapid7 has the ability to upsell modules to customers and therefore increase its stickiness overtime.
Rapid7 has ample opportunity to capture business within the SMB space, where the firm is less likely to run into competition against larger players.
RPD Analyst's Forecast
Todd Weller
Stephens & Co.
Hold
2025-04-01
Price Target
$33
Upside
+23.23%
Stephens initiated coverage of Rapid7 with an Equal Weight rating and $33 price target. The company is undergoing a "multi-year transformation journey" as it looks to extend its business beyond traditional vulnerability management into higher growth and more secularly advantaged areas related to security operations, the analyst tells investors in a research note. The firm believes it is too early to have conviction in growth acceleration. It views Rapid7's valuation as fair in light of current growth outlook.
Joseph Gallo
Jefferies
Strong Buy
2025-03-31
Price Target
$45 → $35
Upside
+32.03%
Rudy Kessinger
DA Davidson
Hold
2025-03-25
Price Target
$35 → $29
Downside
-1.59%
