Rapid7 is trading at $12.96, up 5.62% on August 13, 2026, after analysts focused on its second-quarter earnings beat and higher full-year profit outlook.
- Revenue was $210.9 million versus $208 million expected; adjusted EPS was $0.44 versus $0.35 expected, alongside a 12% workforce reduction.
- Several analysts raised price targets, supporting renewed buying despite revenue and ARR declines.
- Trading remains volatile after major swings across the prior sessions.