RPD

In the past six months, Rapid7, Inc. (RPD) stock has traded between $4.97 and $19.84, with its share price at $12.06 on October 1, 2026, marking a 35.34% decline from the previous year. Key events include better-than-expected Q2 2026 earnings, which caused shares to jump 9% and led to raised full-year guidance. However, the company also approved a 12% workforce reduction on August 7, 2026, as part of a restructuring plan to streamline operations. Despite the earnings beat, management guided for a 2% revenue decline in FY2026, with stagnating Annual Recurring Revenue (ARR) growth and declining deferred revenue indicating weakening demand. The company faces a $600 million convertible note maturity in 2027 and another $300 million in 2029. In September 2026, the stock surged over 24% during a broader rally in cybersecurity stocks.