Rapid7, Inc. is the subject of a bullish thesis by Useful-Strain-7088, trading around $19.82. With improving financials, high-margin products, and potential federal cybersecurity contracts, RPD is poised for growth. Jana Partners’ activist pressure and undervaluation compared to peers make RPD an intriguing investment opportunity.

Cloudflare receives a $225 target from Wells Fargo as enterprise demand surges. Rapid7 (RPD) is seen as an undervalued opportunity at its 52-week low of $20–22, with strong financials, expanding product suite, and potential upside from activist investor involvement. The company’s focus on AI-driven products and federal contracts positions it for growth.

Despite recent top-line sluggishness, Rapid7 boasts strong financials, with $154M in free cash flow expected for 2024 and high gross margins. Activist investor Jana Partners’ involvement increases the likelihood of strategic changes or M&A activity. With a compelling valuation and potential for significant growth, RPD offers an attractive opportunity for long-term investors.

Previously covered on Qualys, Inc., Na’s Substack highlighted the company’s stability and expanding product suite. Rapid7, Inc. is seen as an undervalued opportunity with activist-driven upside potential. While not in the top 30 stocks among hedge funds, RPD offers an asymmetric setup for investors willing to tolerate near-term volatility.

Read more at Yahoo Finance: Rapid7, Inc. (RPD): A Bull Case Theory