Rubrik (NYSE:RBRK – Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of -0.330–0.310 for the period, compared to the consensus EPS estimate of -0.500. The company issued revenue guidance of $259.0 million-$261.0 million, compared to the consensus revenue estimate of $242.4 million. Rubrik also updated its FY 2026 guidance to -1.230–1.130 EPS.
Wall Street Analyst Weigh In
Several brokerages recently commented on RBRK. Truist Financial raised their target price on Rubrik from $50.00 to $75.00 and gave the company a “buy” rating in a report on Friday, December 6th. Cantor Fitzgerald reiterated an “overweight” rating and set a $85.00 target price on shares of Rubrik in a report on Friday. Rosenblatt Securities upgraded Rubrik from a “neutral” rating to a “buy” rating and set a $77.00 target price on the stock in a report on Wednesday. William Blair assumed coverage on Rubrik in a report on Friday, February 7th. They set a “market perform” rating on the stock. Finally, Wedbush lifted their price objective on Rubrik from $75.00 to $80.00 and gave the stock an “outperform” rating in a report on Friday. Two investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $69.78.
View Our Latest Stock Report on RBRK
Rubrik Trading Up 27.6 %
Rubrik (NYSE:RBRK – Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.22). The company had revenue of $258.10 million during the quarter, compared to analyst estimates of $233.13 million. During the same period in the prior year, the company earned ($1.59) EPS. Rubrik’s revenue for the quarter was up 47.5% on a year-over-year basis. Research analysts predict that Rubrik will post -7.66 earnings per share for the current fiscal year.
Insider Activity at Rubrik
In other Rubrik news, CTO Arvind Nithrakashyap sold 32,484 shares of the business’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $61.59, for a total transaction of $2,000,689.56. Following the completion of the transaction, the chief technology officer now owns 219,279 shares in the company, valued at approximately $13,505,393.61. The trade was a 12.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Yvonne Wassenaar sold 2,500 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $67.60, for a total value of $169,000.00. Following the transaction, the director now owns 153 shares of the company’s stock, valued at $10,342.80. This trade represents a 94.23 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 625,712 shares of company stock worth $41,583,311 in the last 90 days.
Rubrik Company Profile
Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.
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