Rubrik (NYSE:RBRK) Updates Q3 2027 Earnings Guidance

Rubrik (NYSE:RBRK) updated its third quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.070-0.090 for the period, compared to the consensus earnings per share estimate of -0.020. The company issued revenue guidance of $429.0 million-$431.0 million, compared to the consensus revenue estimate of $418.0 million. Rubrik also updated its FY 2027 guidance to 0.470-0.530 EPS.

Rubrik Stock Performance

Rubrik stock traded up $11.04 during mid-day trading on Thursday, reaching $107.17. 7,758,451 shares of the company were exchanged, compared to its average volume of 3,735,434. The firm has a market cap of $22.06 billion, a P/E ratio of -73.91 and a beta of 1.17. The business has a fifty day moving average of $83.75 and a 200 day moving average of $66.85. Rubrik has a 12-month low of $42.25 and a 12-month high of $107.91.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.16. The company had revenue of $427.26 million during the quarter, compared to analysts’ expectations of $396.30 million. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. Sell-side analysts predict that Rubrik will post -1.13 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on RBRK shares. The Goldman Sachs Group reiterated a “buy” rating on shares of Rubrik in a research note on Wednesday, August 19th. Guggenheim reaffirmed a “buy” rating on shares of Rubrik in a report on Monday. BTIG Research reaffirmed a “buy” rating and set a $91.00 price target on shares of Rubrik in a research report on Thursday, June 11th. KeyCorp increased their price objective on Rubrik from $100.00 to $112.00 and gave the company an “overweight” rating in a report on Friday, August 21st. Finally, Wedbush reissued an “outperform” rating and issued a $90.00 price objective on shares of Rubrik in a research report on Thursday, June 11th. Twenty-nine research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Rubrik has a consensus rating of “Moderate Buy” and an average target price of $104.56.

Insiders Place Their Bets

In related news, Director Yvonne Wassenaar sold 721 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $75.00, for a total transaction of $54,075.00. Following the completion of the transaction, the director directly owned 3,917 shares in the company, valued at $293,775. The trade was a 15.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wendell Thompson sold 2,500 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $74.11, for a total transaction of $185,275.00. Following the completion of the sale, the director directly owned 10,000 shares in the company, valued at approximately $741,100. The trade was a 20.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 327,682 shares of company stock worth $27,385,376. Company insiders own 13.66% of the company’s stock.

Trending Headlines about Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Quarterly results exceeded expectations: Rubrik reported EPS of $0.20 versus the $0.04 analyst consensus, while revenue reached $427.26 million, ahead of estimates of $396.30 million. The results reinforce the company’s growth and improving profitability outlook. Rubrik quarterly earnings press release
• Positive Sentiment: Raised outlook is the primary catalyst: Rubrik forecast third-quarter FY2027 EPS of $0.07-$0.09, well above the consensus estimate of a $0.02 loss, and revenue of $429 million-$431 million versus the $418 million consensus. Full-year FY2027 EPS guidance of $0.47-$0.53 also substantially exceeds the prior consensus of $0.03, while projected revenue of approximately $1.7 billion is above the $1.6 billion analyst estimate.
• Positive Sentiment: Analyst sentiment remains favorable: Scotiabank reportedly expects the stock to rise, while Rosenblatt Securities raised its price target to $105 and maintained a “buy” rating. Rubrik has a “Moderate Buy” consensus rating, supported by 29 Buy ratings and one Sell rating. Scotiabank analyst expects Rubrik stock to rise
• Neutral Sentiment: Institutional ownership is substantial at approximately 49.5%, with large investors including CalSTRS, Vanguard and First Trust increasing their positions. These purchases may support investor confidence but largely reflect previously reported activity.
• Negative Sentiment: Rubrik’s CFO sold 10,000 shares worth approximately $983,200 under a pre-arranged Rule 10b5-1 trading plan. The sale was only about 1% of his holdings and therefore appears limited, but insider selling can still create a modest overhang.

Institutional Trading of Rubrik

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ankerstar Wealth LLC acquired a new position in shares of Rubrik during the 4th quarter worth approximately $113,000. PNC Financial Services Group Inc. increased its holdings in shares of Rubrik by 32.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,638 shares of the company’s stock valued at $125,000 after purchasing an additional 399 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in shares of Rubrik by 103.0% in the third 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 during the last quarter. Danske Bank A S purchased a new position in Rubrik during the third quarter worth approximately $82,000. Finally, NewEdge Advisors LLC lifted its position in Rubrik by 12.0% during the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after buying an additional 150 shares in the last quarter. Institutional investors and hedge funds own 49.54% of the company’s stock.

About Rubrik

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).