Scotiabank Lowers its Price Target on Rapid7, Inc. (RPD) to $9 and Maintains a Sector Perform Rating

Rapid7, Inc. (NASDAQ:RPD) is among the 15 Best Small Cap Stocks to Buy According to Wall Street.

Scotiabank Lowers its Price Target on Rapid7, Inc. (RPD) to $9 and Maintains a Sector Perform Rating

On February 11, 2026, Scotiabank analyst Patrick Colville lowered his price target on Rapid7, Inc. (NASDAQ:RPD) to $9 from $18 and maintained a Sector Perform rating, saying the firm plans to stay on the sidelines until the company can demonstrate a return to sustainable revenue and earnings growth.

Other firms also trimmed expectations following earnings. On February 11, 2026, Truist reduced its price target to $8 from $14 and kept a Hold rating, describing the fourth-quarter results as mixed and largely in line with estimates, while noting organizational changes and strategic shifts intended to re-accelerate growth. The same day, UBS downgraded Rapid7 to Neutral from Buy and cut its price target to $9 from $25, citing what it called a “disappointing” fourth-quarter report and “cautious” 2026 guidance, including a projected 2% year-over-year revenue decline. UBS said it is concerned about deceleration in the Detection and Response business, historically a stronger segment.

Rapid7 reported fourth-quarter revenue of $217 million on February 11, 2026, slightly above the $215.17 million consensus estimate. CEO Corey Thomas said the company exited 2025 ahead of fourth-quarter ARR, revenue, and profitability guidance, pointing to its AI security operations approach and plans to focus on innovation and execution in 2026. The company guided fiscal 2026 revenue to $835 million to $843 million, below the $869.95 million consensus estimate.

Rapid7, Inc. (NASDAQ:RPD) provides cybersecurity software and services under the Rapid7, Nexpose, and Metasploit brands, offering solutions across on-premises and cloud environments.

While we acknowledge the potential of RPD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RPD and that has a 100x upside potential, check out our report about the cheapest AI stock.

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