Truist raises Rapid7 target to $10, Morgan Stanley downgrades

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Radhika SScanX News Team
Key Highlights

Truist Securities maintained a Hold rating on Rapid7 and raised the price target to $10 from $6, signaling a revised valuation outlook. This contrasts with Morgan Stanley's downgrade to Underweight with a $9 target and Mizuho's Neutral rating with an $11 target.

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Truist Securities analyst Miller Jump has maintained a Hold rating on Rapid7 (NASDAQ: RPD) while raising the price target to $10 from $6. This adjustment reflects a revised valuation outlook for the cybersecurity firm, contrasting with a more cautious stance taken by another major brokerage.

The raised price target suggests increased confidence in Rapid7's valuation potential at current levels, despite the Hold recommendation. This move follows a recent downgrade by Morgan Stanley, where analyst Meta Marshall lowered the stock to Underweight from Equal-Weight while keeping a $9 price target.

Analyst Ratings and Price Targets

The following table summarizes the recent ratings and price targets for Rapid7:

Firm Rating Previous Rating Price Target Previous Target
Truist Securities Hold Hold $10 $6
Morgan Stanley Underweight Equal-Weight $9 $9

Mizuho recently diverged from these views by raising its price target on Rapid7 to $11 while maintaining a Neutral rating. Rapid7 specializes in cybersecurity solutions, providing risk detection and response services to organizations.

What specific factors could drive Rapid7's stock price toward the higher end of these revised targets?

How might the divergence in analyst ratings impact investor sentiment and trading volume in the short term?

Could Rapid7's upcoming earnings report provide clarity on the differing valuations by Truist, Morgan Stanley, and Mizuho?

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Rapid7 to report Q2 2026 financial results on August 10

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Rapid7 will announce its Q2 2026 financial results on August 10, 2026, followed by a conference call at 4:30 p.m. ET. The company serves over 11,500 customers globally with AI-powered cybersecurity solutions. A live webcast and replay will be available on its investor relations website.

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Rapid7, Inc. will release its second quarter 2026 financial results on Monday, August 10, 2026, after the financial markets close. The company, a global leader in AI-powered managed cybersecurity operations, will host a conference call the same day at 4:30 p.m. Eastern Time to discuss its results and business outlook.

Investors can register for the live event through the provided link. A live webcast of the conference call and the financial results press release will be accessible from the Rapid7 investor relations website. A replay of the webcast will also be available on the same platform.

Rapid7 serves more than 11,500 customers worldwide, integrating security data with AI and threat intelligence to reduce risk. The company is recognized for its preemptive managed detection and response (MDR) capabilities, unifying exposure and detection to transform cybersecurity operations.

The following table outlines the key event details for the earnings announcement:

Event Date and Time
Financial Results Release August 10, 2026, after market close
Conference Call August 10, 2026, 4:30 p.m. ET
Webcast Availability Live and replay on investor relations website

For further information, stakeholders can access the Rapid7 investor relations website or contact the company's investor relations department directly.

How will the integration of AI in Rapid7's cybersecurity operations influence its competitive positioning by the end of 2026?

What market trends in cybersecurity could impact Rapid7's financial performance in the second half of 2026?

How might Rapid7's focus on preemptive managed detection and response (MDR) shape its customer acquisition strategy moving forward?

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