Rubrik (NYSE:RBRK) Releases FY 2026 Earnings Guidance

Rubrik (NYSE:RBRK) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -1.020–0.960 for the period, compared to the consensus estimate of -1.150. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Rubrik also updated its Q2 2026 guidance to -0.350–0.330 EPS.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on RBRK. Robert W. Baird upped their price objective on Rubrik from $95.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday. KeyCorp increased their target price on shares of Rubrik from $98.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday. Truist Financial increased their target price on shares of Rubrik from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Friday. William Blair assumed coverage on shares of Rubrik in a research report on Friday, February 7th. They set a “market perform” rating for the company. Finally, Roth Capital increased their target price on shares of Rubrik from $97.00 to $107.00 and gave the company a “buy” rating in a research report on Friday. 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 MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $95.81.

Rubrik Stock Performance

Rubrik stock opened at $98.03 on Friday. The stock has a market capitalization of $18.60 billion, a price-to-earnings ratio of -34.64 and a beta of 0.87. Rubrik has a 52-week low of $28.34 and a 52-week high of $103.00. The stock’s 50 day moving average price is $75.32 and its two-hundred day moving average price is $69.25.

Rubrik (NYSE:RBRK) last posted its quarterly earnings results on Thursday, June 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.17. The business had revenue of $278.48 million for the quarter, compared to the consensus estimate of $260.39 million. During the same quarter in the previous year, the company posted ($1.58) earnings per share. Rubrik’s quarterly revenue was up 48.7% on a year-over-year basis. On average, equities research analysts forecast that Rubrik will post -7.66 EPS for the current year.

Insider Buying and Selling

In related news, CTO Arvind Nithrakashyap sold 32,484 shares of the stock in a transaction on Monday, April 7th. The stock was sold at an average price of $52.04, for a total value of $1,690,467.36. Following the transaction, the chief technology officer now directly owns 186,795 shares in the company, valued at $9,720,811.80. This trade represents a 14.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Yvonne Wassenaar sold 3,000 shares of the firm’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $70.03, for a total value of $210,090.00. Following the transaction, the director now owns 153 shares in the company, valued at approximately $10,714.59. This trade represents a 95.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 632,609 shares of company stock worth $47,450,968 in the last ninety days. Corporate insiders own 32.38% of the company’s stock.

Hedge Funds Weigh In On Rubrik

Several large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its stake in 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 acquiring an additional 236,181 shares in the last quarter. Royal Bank of Canada lifted its stake in 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 acquiring an additional 20,471 shares in the last quarter. Rhumbline Advisers lifted its stake in 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 acquiring an additional 2,000 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Rubrik by 31.6% during the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock valued at $76,000 after acquiring an additional 300 shares in the last quarter. Finally, Comerica Bank lifted its stake in Rubrik by 209.0% during the 1st quarter. Comerica Bank now owns 584 shares of the company’s stock valued at $36,000 after acquiring an additional 395 shares in the last quarter. 49.54% of the stock is currently owned by institutional investors.

About Rubrik

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.