Rapid7 (RPD) Is One Of The Tech Stocks To Sell According To Billionaires
Key takeaways
- Rapid7 (RPD) Is One Of The Tech Stocks To Sell According To Billionaires Faheem Tahir Sun, June 21, 2026 at 2:04 AM GMT+7 2 min read RPD Rapid7, Inc.
- That decline has come alongside leadership changes and continued analyst skepticism about Rapid7, Inc.
- On June 1, 2026, DA Davidson analyst Rudy Kessinger raised his price target on Rapid7, Inc.
Rapid7 (RPD) Is One Of The Tech Stocks To Sell According To Billionaires Faheem Tahir Sun, June 21, 2026 at 2:04 AM GMT+7 2 min read RPD Rapid7, Inc. (NASDAQ:RPD) features on the list of tech stocks to sell according to billionaires. Billionaire stake decreased from roughly $195.91 million in Q4 2025 to $83.70 million in Q1 2026, a drop of about $112.22 million.
That decline has come alongside leadership changes and continued analyst skepticism about Rapid7, Inc. (NASDAQ:RPD)’s growth trajectory.
On June 1, 2026, DA Davidson analyst Rudy Kessinger raised his price target on Rapid7, Inc. (NASDAQ:RPD) to $6.50 from $5.25 while keeping an “Underperform” rating, following the company’s announcement that CEO Corey Thomas will transition to Executive Chairman, with Wael Mohamed stepping in as CEO effective immediately.