The price of RPD is predicted to go up -4.17%, based on the high correlation periods with SNCR. The similarity of these two price pattern on the periods is 98.3%.
RPD
SNCR
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.
Citigroup
2025-02-13
Price Target
$46 → $44
Upside
+26.36%
JP Morgan
2025-02-13
Price Target
$40 → $36
Upside
+3.39%
Baird
2025-02-13
Price Target
$43 → $39
Upside
+12%