Rubrik (NYSE:RBRK) Updates FY 2026 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of -0.200–0.160 for the period, compared to the consensus EPS estimate of -1.180. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion. Rubrik also updated its Q4 2026 guidance to -0.120–0.100 EPS.

Analysts Set New Price Targets

A number of research firms have recently issued reports on RBRK. Berenberg Bank started coverage on Rubrik in a research report on Tuesday, November 18th. They issued a “buy” rating and a $114.00 price target for the company. Robert W. Baird raised their target price on Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday. BMO Capital Markets reduced their price target on Rubrik from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Friday. Guggenheim set a $110.00 price target on shares of Rubrik in a research report on Friday. Finally, William Blair upgraded shares of Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday. Twenty investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Rubrik presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.06.

Rubrik Trading Up 22.6%

RBRK stock opened at $86.36 on Friday. The business’s fifty day moving average price is $75.46 and its 200 day moving average price is $83.64. Rubrik has a 12-month low of $47.35 and a 12-month high of $103.00. The company has a market capitalization of $17.05 billion, a PE ratio of -44.29 and a beta of 0.32.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, December 4th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to analysts’ expectations of $320.19 million. The business’s revenue was up 48.3% compared to the same quarter last year. During the same quarter last year, the business earned ($0.21) earnings per share. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Research analysts predict that Rubrik will post -7.66 EPS for the current fiscal year.

Insider Buying and Selling at Rubrik

In other Rubrik news, insider Brian K. Mccarthy sold 10,000 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $75.90, for a total value of $759,000.00. Following the completion of the transaction, the insider owned 349,319 shares in the company, valued at $26,513,312.10. The trade was a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Kiran Kumar Choudary sold 6,599 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $74.21, for a total value of $489,711.79. Following the sale, the chief financial officer directly owned 516,184 shares in the company, valued at $38,306,014.64. This represents a 1.26% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 115,966 shares of company stock worth $8,777,876. 32.38% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Rubrik

Several hedge funds and other institutional investors have recently made changes to their positions in RBRK. Banque Cantonale Vaudoise purchased a new stake in shares of Rubrik during the third quarter worth approximately $34,000. Comerica Bank increased its position in shares of Rubrik by 209.0% in the 1st quarter. Comerica Bank now owns 584 shares of the company’s stock valued at $36,000 after purchasing an additional 395 shares during the last quarter. Wilmington Savings Fund Society FSB raised its holdings in shares of Rubrik by 103.0% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 666 shares of the company’s stock valued at $55,000 after purchasing an additional 338 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Rubrik by 31.6% in the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock valued at $76,000 after purchasing an additional 300 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Rubrik during the 3rd quarter worth $82,000. Hedge funds and other 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.