Rubrik (NYSE:RBRK) Posts Earnings Results, Beats Expectations By $0.17 EPS

Rubrik (NYSE:RBRK) posted its quarterly earnings results on Thursday. The company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.17, RTT News reports. The company had revenue of $278.48 million during the quarter, compared to analyst estimates of $260.39 million. During the same quarter in the previous year, the business posted ($1.58) earnings per share. The company’s revenue for the quarter was up 48.7% on a year-over-year basis. Rubrik updated its FY 2026 guidance to -1.020–0.960 EPS and its Q2 2026 guidance to -0.350–0.330 EPS.

Rubrik Trading Down 0.5%

NYSE RBRK opened at $98.03 on Friday. The business’s 50-day moving average price is $75.32 and its two-hundred day moving average price is $69.25. Rubrik has a 12 month low of $28.34 and a 12 month high of $103.00. The firm has a market capitalization of $18.60 billion, a PE ratio of -34.64 and a beta of 0.87.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on RBRK shares. Cantor Fitzgerald raised their target price on shares of Rubrik from $95.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday. William Blair started coverage on shares of Rubrik in a research report on Friday, February 7th. They issued a “market perform” rating on the stock. Wall Street Zen raised Rubrik from a “hold” rating to a “buy” rating in a report on Saturday. KeyCorp boosted their price objective on Rubrik from $98.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Mizuho lowered Rubrik from an “outperform” rating to a “neutral” rating and boosted their price objective for the stock from $75.00 to $86.00 in a research report on Thursday, May 15th. Three equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $95.81.

Insider Activity at Rubrik

In other news, CTO Arvind Nithrakashyap sold 32,484 shares of the company’s stock in a transaction on Monday, April 7th. The shares were sold at an average price of $52.04, for a total value of $1,690,467.36. Following the sale, the chief technology officer now directly owns 186,795 shares of the company’s stock, valued at approximately $9,720,811.80. This represents a 14.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CRO Brian K. Mccarthy sold 25,000 shares of the company’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of $70.00, for a total transaction of $1,750,000.00. Following the completion of the sale, the executive now directly owns 331,043 shares in the company, valued at approximately $23,173,010. This represents a 7.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 632,609 shares of company stock worth $47,450,968 over the last ninety days. Insiders own 32.38% of the company’s stock.

Institutional Trading of Rubrik

A number of institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC boosted its position in Rubrik by 31.6% during the first quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock valued at $76,000 after acquiring an additional 300 shares during the last quarter. Comerica Bank boosted its position in shares of Rubrik by 209.0% during the 1st quarter. Comerica Bank now owns 584 shares of the company’s stock valued at $36,000 after purchasing an additional 395 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Rubrik by 204.1% during the 1st quarter. Rhumbline Advisers now owns 2,980 shares of the company’s stock valued at $182,000 after purchasing an additional 2,000 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Rubrik by 231.3% during the 1st quarter. Royal Bank of Canada now owns 29,320 shares of the company’s stock valued at $1,789,000 after purchasing an additional 20,471 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Rubrik by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company’s stock valued at $57,343,000 after purchasing an additional 236,181 shares in the last quarter. Institutional investors own 49.54% of the company’s stock.

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.