$RPD

Rapid7 (RPD) shares fell 3.6% after JPMorgan downgraded the stock to Underweight with a $12.00 price target, citing operational challenges and unwarranted recent gains. The stock later recovered slightly to $12.52, down 2.2%. Rapid7's shares are down 12.3% YTD and 39.9% below their 52-week high.

Wall Street analysts issued research calls on several companies. Eli Lilly (LLY) was upgraded to Buy with a $1,400 target, Etsy (ETSY) to Outperform with a $525 target, and New York Times (NYT) to Buy with an $82 target. Downgrades included Aptiv (APTV) to Neutral with a $56 target, Lear (LEA) to Neutral with a $150 target, and Magna (MGA) to Neutral with a $72 target. New initiations included Autodesk (ADSK) with a Neutral rating and $215 target, Rivian (RIVN) with a Neutral rating and $18 targ

Elmet Group (ELMT) shares surged 50.6% to $24.39 after announcing plans to use a $450M DoD investment to boost tungsten supply. Other stocks gaining include Rum Group (RUM) +15%, Tyra Biosciences (TYRA) +14.5%, and Roblox (RBLX) +8.7% after price target raises.

Microsoft's September 2026 Patch Tuesday addressed 999 vulnerabilities, the highest in a single day, including 723 in Windows. Two flaws, CVE-2026-85880 and CVE-2026-81963, are being exploited in the wild. CVE-2026-85880 affects Windows but not Server 2025 or 11. CVE-2026-81963 has a CVSS score of 7.8. Google Chrome and Microsoft Edge patched CVE-2026-85046, but Microsoft did not issue an advisory. Upcoming product lifecycle changes include Windows 11 24H2 and Windows Server 2012 updates.

Rapid7, Inc. (RPD) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Director Resignations On August 27, Michael Burns, Benjamin Holzman, Thomas Schodorf and Reeny Sondhi notified the Board o

Rapid7 stock surged 13.2% after reporting better-than-expected Q2 2026 results, raising full-year EPS guidance by 15.7% to $1.81. Analysts increased price targets, with Citi at $13 and Susquehanna at $15. The company announced a 12% workforce reduction and expects $130M in free cash flow. The broader market's risk-on sentiment also supported the rise.

Rapid7 revealed a crypto phishing campaign, Operation Asterix, targeting 885,000 phone numbers to steal assets. The campaign impersonated wallet providers like Ledger and Crypto.com, with 5,576 Binance accounts matched for attack. Phishing drove $306M of crypto losses in Q1, per Hacken. The campaign had a 13.6% hit rate, using AI tools for validation.

Rapid7 (RPD) reported Q2 earnings with a 1% YoY ARR growth to $824M, driven by 5% YoY growth in detection and response. Profitability beat guidance with non-GAAP operating income of $28.9M. The company cut 12% of its workforce to improve margins. However, total ARR and revenue declined, with Q3 ARR guided down to $812M. Management raised full-year non-GAAP operating income guidance to $129M-$133M. The stock trades at a forward P/E of 6.88.

Rapid7 discovered a phishing campaign targeting crypto users, using AI tools to create fake wallet apps and impersonate support. The operation involved 885,000 phone numbers, with a high success rate in identifying CryptoCom accounts. AI tools like GitHub Copilot and Claude Code were used to streamline the process. The campaign highlights the dual-use of AI in both legitimate and malicious activities within the crypto sector.

Rapid7 (NASDAQ: RPD) reported in its Q2 2026 Quarterly Threat Landscape Report that newly exploited vulnerabilities rose from 8% to 40%. It said 62% of newly exploited flaws required no user interaction or authentication. Rapid7 also cited higher high and critical disclosures (8,539), critical vulnerabilities up 21% QoQ, and ransomware victims concentrated in the US (881) versus Germany (99).