Morgan Stanley has revised its outlook on Rapid7 (RPD, Financial), reducing the price target from $33 to $26. The decision comes from analyst Keith Weiss, who maintains an Equal Weight rating for the cybersecurity company. This adjustment is part of a broader strategy where Morgan Stanley is recalibrating the risk and potential rewards of numerous software companies. The firm's analysis considers the uncertainties surrounding tariff risks and what is currently factored into stock valuations.
This move reflects an ongoing assessment of market conditions and external factors influencing the software sector. Investors closely following Rapid7 (RPD, Financial) and similar companies may need to consider how these adjustments could impact their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Rapid7 Inc (RPD, Financial) is $37.71 with a high estimate of $45.00 and a low estimate of $26.00. The average target implies an upside of 63.43% from the current price of $23.08. More detailed estimate data can be found on the Rapid7 Inc (RPD) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Rapid7 Inc's (RPD, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Rapid7 Inc (RPD, Financial) in one year is $53.06, suggesting a upside of 129.95% from the current price of $23.075. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Rapid7 Inc (RPD) Summary page.
