Rapid7 (RPD) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.44
- Estimate
- $0.35
- Surprise
- +26.3%
- Revenue (period 2026-06-30)
- $210.9M
- Score at report (before → after)
- 4.7 → 4.6/10
Revenue source: xbrl.
How the report landed
Rapid7 (RPD) beat the $0.35 estimate with adjusted EPS of $0.44 — a large 26.3% upside surprise. TrendMatrix's engine moved from Sell (4.7/10) to Hold at 4.6/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates RPD Hold at 4.2/10.
4 of the last 4 quarters beat the estimate; this quarter's +26.3% surprise compares with a +19.0% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.67)
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.3)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $12.41
- Price target
- $13.59
- Stop
- $11.54
- Upside to target
- +9.5%
The stock trades at 42.2× trailing but 6.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-16 — shown for context, not personalized investment advice.
RPD at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Infrastructure
- Market cap
- $881.6M
- P/E (fwd)
- 6.4
- P/E (ttm)
- 42.2
- 52-week range
- $4.97–$19.84
- Off 52-week high
- 37.4%
- RSI (14)
- 56
- Volume vs avg
- 0.53×
- Score today
- 4.2/10