How to Buy Rapid7 Stock
Rapid7 Inc
Rapid7, Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs.
Rapid7 stock last closed at $46.49, up 0.69% from the previous day, and has decreased 7.57% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.22 percentage points. Rapid7 stock is currently +17.73% from its 52-week low of $39.49, and -24.87% from its 52-week high of $61.88.
At the moment, there are 61.99M RPD shares outstanding. The market value of RPD is $2.88B. In the last 24 hours, 453,354 RPD shares were traded.
How to Buy Rapid7 Stock
Wondering how to invest in Rapid7 stock? Here's how.
- Choose where to buy Rapid7 stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Rapid7 stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your details.
- Analyze Rapid7 stock: The Rapid7 ticker symbol is RPD. Is Rapid7 stock a good investment? Should you buy shares of RPD? How do RPD's underlying business fundamentals look? Do top analysts think Rapid7 is a good buy? Why has RPD's stock price moved recently? (Hint: Our stock research tools can help you figure out if RPD is a good stock to buy).
- Make your RPD buy order: Decide if you will purchase RPD shares at the current market price or use a limit order to purchase RPD stock at a given price.
- Track your RPD investment: Create a watchlist to get the latest news on your position in Rapid7 stock.
Step 1: Choose where to buy Rapid7 stock
You will need an online brokerage account to access the NASDAQ market and buy RPD stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you can invest in RPD today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the best stock trading app, you need to deposit funds:
Check out the tutorial below for more details depositing funds into your new investment account.
Step 4: Analyze Rapid7 stock
After you have decided on the best place to buy Rapid7 stock, it's crucial to evaluate their stock before you buy, so you can wrap your head around the risk and upside.
Rapid7 stock at a glance
Rapid7 Fundamentals
WallStreetZen was designed to help average investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on RPD's stock page.
How is RPD stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge RPD's fair value.
You can do additional valuation analysis on RPD's stock here.
RPD Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the RPD balance sheet.
Failed Financial Due Diligence Checks:
- RPD earnings of -$85.08M is not sufficient to cover its interest payments.
- RPD profit margin has gone down from -18.2% to -19.2% in the past year.
- RPD debt to equity ratio of -13.74 is negative.
- There are more long-term liabilities than short-term assets on the RPD balance sheet.
- Total RPD debt is still negative.
- RPD's operating cash flow of $104.28M allows it to safely service it's debt of $1.02B.
Is it a good time to buy Rapid7 stock, according to Wall Street analysts?
Out of 8 sell side analysts who monitor RPD, the consensus analyst rating on RPD is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest RPD Analyst Forecasts
Erin Wilson, a bottom 17% analyst from Morgan Stanley maintains RPD with a hold rating and raises their RPD price target from $52.00 to $55.00, on Nov 7, 2023.
Joel Fishbein, a top 9% analyst from Truist Securities maintains RPD with a hold rating and raises their RPD price target from $40.00 to $50.00, on Nov 3, 2023.
Joshua Tilton, a top 30% analyst from Wolfe Research upgrades RPD to a buy rating and announces their RPD price target of $56.00, on Nov 3, 2023.
You can dive deeper into what analysts are projecting on the Rapid7 stock forecast page.
RPD Technicals
RPD Revenue
Last year, RPD revenue was $777.71M. During the past 5 year, RPD's revenue has increased by 26.08% per year. This was faster than the Software - Infrastructure industry average of 17.1%.
You can research RPD's earnings and revenue performance here.
Who is buying/selling RPD?
Over the last 12 months, executives and large shareholders at RPD have sold more shares than they have bought.
Andrew F. Burton, Chief Operating Officer of RPD, was the latest RPD insider to sell. They sold $203,668.82 worth of RPD shares on Apr 8, 2024.
Get more info about who owns RPD stock here.
Does RPD stock generate passive income?
No, Rapid7 doesn't provide an income stream by paying out dividends.
What others are saying about RPD
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your RPD buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you want additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Track your RPD investment
Now that you own some RPD stock, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to monitor your RPD stock.
RPD Feed
How to Buy Stock in Rapid7
To reiterate, here are the 6 steps to buy stock in Rapid7:
- Choose where to buy Rapid7 stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Rapid7 stock
- Make your RPD buy order
- Track your RPD investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Rapid7, get started below.
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