Rapid7, Inc. (RPD) (Q1FY24) – Strong DR traction overshadowed by cloud risk stumble

Highlights of the report

Rapid7 experienced a lower than expected ARR due to a slower than anticipated migration of its VM user base to its integrated risk offering, Cloud Risk Complete.

Rapid7 (RPD) Equity Report Q1FY24

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Rapid7, Inc. provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brand names.

In Q1FY24, RPD’s revenue increased by 12% to $205.1mn from $183.2mn in Q1FY23 and the COGS increased by 30% from 31% in the same period.

Rapid7 stock price showed a downward trend in the past 3-month period and gave -17.3% returns. The stock price fell by -10.3% in the past 1-year. The stock has a 52-week high of $61.88 and a 52-week low of $35.08. Zillow has a 50-day moving Avg. and a 200-day moving Avg. of $40.01 and $49.37, respectively.



– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance


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Rapid7, Inc. (RPD) (Q1FY24) – Strong DR traction overshadowed by cloud risk stumble



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