$RPD

In Tuesday premarket trading, enterprise software and cybersecurity stocks rose broadly after Palantir (PLTR) reported strong Q2 results and raised its full-year revenue outlook, citing demand for its AIP. The move was reinforced by lower Treasury yields tied to reduced Middle East conflict risk. Shares of Bandwidth (BAND), Rapid7 (RPD), Atlassian (TEAM), RingCentral (RNG), and CrowdStrike (CRWD) gained.

Rapid7 said it signed a UK distribution partnership with Exclusive Networks to distribute its threat intelligence and security operations platform. The deal targets expanded channel capacity, technical enablement, and faster go-to-market across Rapid7’s cybersecurity portfolio, supporting partners and MSSPs, according to both companies.

Rapid7, Inc. announced the general availability of Rapid7 Cyber GRC, a governance, risk and compliance module integrated into its Rapid7 Command Platform. The company says it uses live security telemetry and AI assistants to validate controls, automate audit evidence, support third-party risk workflows, and connect security findings to measurable risk reduction. Rapid7 also cites early adoption and partner support for frameworks like SOC 2 and ISO 27001.

Rapid7 said it launched Rapid7 Cyber GRC, adding governance and compliance capabilities to connect security operations with compliance evidence. The platform includes AI assistants for compliance workflows and vendor questionnaires, plus policy management, risk registers, audit reporting and automated evidence collection. Rapid7 cited customer validation and said the product was refined since May early access.

Rapid7 launched Cyber GRC within its Command Platform, adding native governance, risk and compliance workflows linked to live security operations data. The product aims to enable continuous control validation, audit preparation, control mapping, third-party risk management and reporting, with AI features for vendor questionnaires. Rapid7 says early access preceded general release.

The Russell 2000 stayed near 3,000 with little movement, while seven small-cap stocks gained at least 28% in four sessions. The article cites July surges for Orthofix (OFIX) on CMS reimbursement reversal, REGENXBIO (RGNX) on FDA resubmission alignment and AbbVie milestone, Verastem (VSTM) on short-squeeze setup, ADC Therapeutics (ADCT) rebound, Sable Offshore (SOC) refinancing, Rapid7 (RPD) takeover speculation, and Crinetics (CRNX) surge toward an offer price.

Rapid7 (NASDAQ: RPD) shares fell 11.3% in the morning after Morgan Stanley downgraded the stock from Equal Weight to Underweight and kept a $9 price target. The firm cited competitive pressure in vulnerability management from AI-focused rivals and said Rapid7 has lagged in exposure management and real-time remediation. RPD is down 26.5% YTD.

Rapid7, Inc. (NASDAQ: RPD) said it will release its Q2 2026 financial results on Aug. 10, 2026, after market close, and hold an earnings call the same day at 4:30 p.m. ET to discuss results and outlook. The webcast and press release will be posted on its investor relations site.

CISA, with the NSA and FBI, issued an advisory warning that Russian state-sponsored actors are exploiting vulnerable networking devices and routers, targeting critical infrastructure sectors globally. Shares of Rapid7 (RPD), Tenable (TENB), and Varonis Systems (VRNS) rose in the morning, with TENB up 8.2% to $42.40 and a new 52-week high.

Stocks including ServiceNow (+4.3%) and Salesforce (+2.4%) rose as investors rotated from semiconductors into enterprise software. Paylocity (+5.4%), Rapid7 (+5.8%) and Braze (+5.6%) also gained. The article cites ServiceNow raising its Now Assist AI contract target to $1.5B and Salesforce scaling Agentforce, alongside DigitalOcean’s AI contract and RPO guidance.