Rapid7 Inc. (RPD)

Rapid7 reported Q2 2025 results with $841 million in Annual Recurring Revenue (ARR), a 3% year-over-year growth, and narrowed its full-year ARR guidance range to $850 million to $865 million. Rapid7 Inc.'s stock reached a new 52-week low, trading at $17.82 USD. Rapid7's Murphy sold $15,776 in stock. Rapid7 presented at Canaccord Genuity's 45th Annual Growth Conference on August 12, 2025, and participated in the Piper Sandler 4th Annual Growth Frontiers Conference on September 10, 2025, focusing on AI-driven security. UBS lowered its price target on Rapid7 (RPD) to $29 from $34. Rapid7 reported Q2 revenues of $214.2 million, a 3% year-on-year increase, exceeding analysts' expectations by 1.1%.

Rapid7 experiences demand seasonality, with budget allocations and new commitments from customers typically concentrated in the fourth quarter. The company anticipates that net new Annual Recurring Revenue (ARR) for the year will be heavily weighted towards the fourth quarter.

Rapid7, Inc. is a global cybersecurity leader that provides solutions to manage attack surfaces, detect vulnerabilities, monitor threats, and respond to security incidents. The company's core business revolves around providing software and services that help organizations detect vulnerabilities, monitor threats, and respond to security incidents. Rapid7 is positioned as a strategic consolidation platform for modern security operations, offering an AI-powered understanding of risk across both on-premise and cloud environments. Its major products and solutions include its cloud-native Insight Platform, which offers a unified view of security data and a broad range of security solutions from vulnerability management to incident response. Key offerings include its Detection and Response business, which is a significant growth driver, and Exposure Command adoption. The company also provides solutions like InsightIDR for next-gen security information and event management (SIEM) and extended detection and response (XDR). Rapid7 emphasizes automation, AI-driven insights, global threat intelligence, and extensive integration capabilities to streamline security operations and improve threat detection and response times.

Rapid7 has a global presence and has recently expanded its strategic investment in the United Arab Emirates (UAE) by launching a new local entity and a local instance of its platform to support the UAE's digital transformation and cyber resilience goals.

Rapid7's brand reputation has been influenced by its growth in detection and response, expansion into the UAE, and stock performance. The company's stock hitting a 52-week low and a downgrade by Canaccord Genuity in early 2023 due to a "soft" outlook for 2023 and anticipated macro pressures, along with "self-inflicted sales challenges," indicate periods where its market perception faced headwinds. Despite these challenges, analysts noted Rapid7's "solid momentum" in expanding within its existing customer base.

Rubric Capital Management LP reduced its stake in Rapid7 Inc.