Rapport Therapeutics, Inc. (RAPP) Stock Price & Analysis

Rapport Therapeutics, Inc. (RAPP) closed at USD 26.53 on Thursday, October 22, 2026, up 5.87% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 25.06; the Oct 22, 2026 session ranged USD 25.81–27.89 on volume of 1,458,606 shares. Market capitalization is $1.27B, with a 52-week range of USD 23.75–52.93 (NGM). Source: Nexqual, retrieved October 23, 2026 at 08:35 UTC.

Also available as compact Markdown for AI agents: nexqual.com/RAPP.md

Key facts (RAPP)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RAPP)

USDFY2023FY2024FY2025TTM
Operating income-$36.2M-$83.1M-$125M-$154M
Net income-$34.8M-$78.3M-$111M-$137M
EPS (diluted)-$23.10-$3.78-$2.86—
Free cash flow-$28.8M-$67.2M-$88.1M-$97.1M
Cash + short-term investments$147M$305M$491M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (RAPP)

P/B 3.0x · FCF yield -7.63% · Earnings yield -10.78%

Analysts (RAPP)

Consensus Buy (mean 1.94 on a 1–5 scale), 16 analysts; mean target USD 69.4 (low 50, high 91).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-21Jones TradingTarget raisedBuy$50 → $82
2026-10-21Wells FargoTarget loweredOverweight$51 → $50
2026-10-21GuggenheimTarget raisedBuy$65 → $70
2026-10-20HC Wainwright & Co.ReiteratedBuy$66
2026-10-20BTIGTarget raisedBuy$75 → $89
2026-10-15UBSInitiatedBuy$71
2026-10-15Wolfe ResearchInitiatedOutperform$50
2026-10-06GuggenheimInitiatedBuy$65
2026-09-16BTIGTarget raisedBuy$65 → $75
2026-08-19BTIGReiteratedBuy$65
2026-08-12HC Wainwright & Co.Target raisedBuy$40 → $66
2026-08-05BTIGReiteratedBuy$65

Total return (dividends reinvested) (RAPP)

1Y (from 2025-10-23)5Y (from 2024-06-03)
Total return+1.3%+27.6%
S&P 500 (SPY)+14.9%+80.3%
Per year+1.3%+10.7%
Volatility (annualized)59.7%82.6%
Max drawdown-52.3% (Aug 2026→Oct 2026)-69.0% (Nov 2024→May 2025)

RAPP suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerNeuroPace Inc (NPCE)“In November 2023, we established a collaboration with NeuroPace to leverage the RNS system's data to track responses of patients receiving RAP-219 in our Phase 2a proof-of-concept trial.”

Quoted from the company's 10-K filed Mar 10, 2026.

Companies that name RAPP in their SEC reports

Relationship to RAPPCompanyFilingSentence
partnerNeuroPace Inc (NPCE)10-K Mar 3, 2026“In November 2023, we entered into a collaboration agreement with Rapport Therapeutics, Inc., or Rapport, a clinical-stage biotechnology company, to leverage our RNS System's unique biomarker monitoring and data analysis capabilities.”

RAPP company outlook (results filed Aug 5, 2026)

Quoted word-for-word from the SEC 8-K results press release.

RAPP analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$-1.22$-1.01+21.5%$012
Next quarter (ends Dec 2026)$-1.20$-1.04+14.8%$66,67012
Current fiscal year (ends Dec 2026)$-4.04$-3.46+16.6%$20.1M12
Next fiscal year (ends Dec 2027)$-5.09$-4.40+15.7%$012

RAPP options: expected move

Options price a move of about ±17.7% (±$4.85) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±4.8% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262878.9%±17.7%
Dec 18, 20265673.7%±23.1%
Jan 15, 20278478.7%±30.1%
Feb 19, 202711973.0%±33.3%
May 21, 202721071.9%±43.0%

30-day implied volatility 72.8% vs 83.3% realized over the last 30 trading days. Put/call ratio (volume) 79.39. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 08:35 UTC)

PriceUSD 26.53
Change▲ 5.87% (up)
Previous CloseUSD 25.06
OpenUSD 26.17
Day RangeUSD 25.81 – 27.89
52-Week RangeUSD 23.75 – 52.93
Volume1,458,606 shares
Market Cap$1.27B
ExchangeNGM

Technical Analysis (RAPP)

Nexqual's technical model rates RAPP "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:35 UTC.

Overall SignalSELL
RSI (14)29.7 (oversold)
vs SMA50Below (USD 39.48)
MACD-3.38 (negative)

Analyst Ratings (RAPP)

Wall Street analysts rate RAPP "Buy" based on 16 analysts, with a mean price target of USD 69.4 (range USD 50–91), per Nexqual as of October 23, 2026 at 08:35 UTC.

Consensus RatingBuy
Analyst Count16
Mean TargetUSD 69.4
High TargetUSD 91
Low TargetUSD 50
Buy / Hold / Sell16 / 0 / 0

Earnings (RAPP)

Next Earnings Date2026-11-05
EPS EstimateUSD -1.22
Revenue Estimate$0

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -1.19 vs est -0.99 ▼ miss
2026-03-31USD -0.42 vs est -0.71 ▲ beat
2025-12-31USD -0.72 vs est -0.67 ▼ miss
2025-09-30USD -0.71 vs est -0.73 ▲ beat

Source: Nexqual, October 23, 2026 at 08:35 UTC.

Financials & Fundamentals (RAPP)

Total Revenue$20.00M
Gross Margin-109.39%
Operating Margin-767.58%
Profit Margin+0.00%
ROE-39.96%
Debt / Equity0.02
Current Ratio15.72
Total Cash$436.08M
Total Debt$10.11M

Source: Nexqual, October 23, 2026 at 08:35 UTC.

Financial Health Score (RAPP)

Nexqual rates Rapport Therapeutics, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 08:35 UTC.

GrowthMixed — No data
ProfitabilityCritical — Heavily loss-making — early-stage company
Balance SheetStrong — $436M cash vs $10M debt, net cash position
Cash FlowWeak — Operating cash flow -$87M (FY ended Dec 2025, 10-K)
EfficiencyCritical — ROE -40%, ROA -25.8%

Ownership (RAPP)

Insider Ownership+3.91%
Institutional Ownership+109.53%
Shares Outstanding47.98M
Float32.40M
Short % of Float+10.54%

Source: Nexqual, October 23, 2026 at 08:35 UTC.

Leadership (RAPP)

Rapport Therapeutics, Inc. is led by Abraham N. Ceesay, CEO, President, Treasurer & Director, per Nexqual as of October 23, 2026 at 08:35 UTC.

CEO, President, Treasurer & DirectorAbraham N. Ceesay
Founder & Independent ChairmanSteven M. Paul
Chief Financial OfficerTroy A. Ignelzi
Founder & Chief Scientific OfficerDavid Bredt
Chief Operating OfficerCheryl Gault

Major Backers & Investors (RAPP)

Notable institutional backers of Rapport Therapeutics, Inc. include FMR, LLC, Trv Gp V, LLC , Fidelity, according to Nexqual as of October 23, 2026 at 08:35 UTC.

Active Investors

InvestorStake
FMR, LLC14.95%
Trv Gp V, LLC 13.09%
Fidelity8.97%
Arch Venture Management, Llc7.77%
SmallCap World Fund Inc7.07%
Capital International Investors6.09%
Goldman Sachs6.07%
Cormorant Asset Management, LP5.54%

Index Funds (Passive)

FundStake
BlackRock5.63%

Source: Nexqual, October 23, 2026 at 08:35 UTC.

From Rapport Therapeutics, Inc.'s Latest SEC 10-K Filing (filed 2026-03-10)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
LGNDLigand Pharmaceuticals IncorporUSD 307.82▼ 2.21%
RYTMRhythm Pharmaceuticals, Inc.USD 90.9▲ 2.57%
IOVAIovance Biotherapeutics, Inc.USD 14.14▼ 3.28%
PRAXPraxis Precision Medicines, IncUSD 258.92▲ 0.96%
IONSIonis Pharmaceuticals, Inc.USD 43.91▼ 0.81%
ABVXAbivax SAUSD 90.23▼ 3.49%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:35 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt