Rubrik (NYSE:RBRK) Price Target Raised to $115.00

Rubrik (NYSE:RBRK) had its target price increased by Barclays from $110.00 to $115.00 in a research note published on Friday,Benzinga reports. Barclays currently has an overweight rating on the stock.

A number of other equities research analysts also recently weighed in on RBRK. Truist Financial boosted their price objective on shares of Rubrik from $90.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Robert W. Baird upped their target price on Rubrik from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Thursday, June 11th. Stephens reissued an “overweight” rating on shares of Rubrik in a report on Friday. Telsey Advisory Group set a $120.00 price objective on Rubrik in a research report on Friday. Finally, UBS Group restated a “buy” rating and set a $106.00 price objective on shares of Rubrik in a research note on Wednesday, August 19th. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Rubrik currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.96.

Rubrik Price Performance

Rubrik stock opened at $93.17 on Friday. Rubrik has a 12 month low of $42.25 and a 12 month high of $107.91. The company has a fifty day moving average price of $84.94 and a two-hundred day moving average price of $67.52. The company has a market cap of $19.18 billion, a PE ratio of -73.94 and a beta of 1.17.

Rubrik (NYSE:RBRK) last issued its earnings results on Thursday, August 27th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. The business had revenue of $427.26 million for the quarter, compared to analyst estimates of $396.30 million. During the same period last year, the company posted ($0.03) earnings per share. The firm’s revenue for the quarter was up 43.9% on a year-over-year basis. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. Equities research analysts anticipate that Rubrik will post -1.13 earnings per share for the current year.

Insider Activity

In other Rubrik news, Director Ravi Mhatre sold 3,979 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $71.49, for a total value of $284,458.71. Following the completion of the transaction, the director owned 113,477 shares in the company, valued at approximately $8,112,470.73. This represents a 3.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $82.65, for a total transaction of $909,150.00. Following the completion of the sale, the director owned 8,362 shares in the company, valued at $691,119.30. The trade was a 56.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 111,897 shares of company stock valued at $9,221,808. Company insiders own 13.66% of the company’s stock.

Institutional Trading of Rubrik

Several large investors have recently added to or reduced their stakes in the business. Corient Private Wealth LP bought a new stake in Rubrik during the 2nd quarter valued at $11,613,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Rubrik during the 2nd quarter worth $2,810,000. California State Teachers Retirement System grew its stake in shares of Rubrik by 8,477.0% in the second quarter. California State Teachers Retirement System now owns 14,781,716 shares of the company’s stock worth $1,186,676,000 after purchasing an additional 14,609,375 shares in the last quarter. Straight Path Wealth Management bought a new position in shares of Rubrik in the second quarter worth $323,000. Finally, Wedmont Private Capital increased its holdings in shares of Rubrik by 181.0% during the second quarter. Wedmont Private Capital now owns 16,054 shares of the company’s stock valued at $1,355,000 after purchasing an additional 10,340 shares during the period. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Strong earnings beat and raised outlook: Rubrik reported fiscal Q2 EPS of $0.20 versus the $0.04 consensus and revenue of $427.3 million versus expectations of $396.3 million. Revenue increased 43.9% year over year. Management guided fiscal 2027 revenue to approximately $1.7 billion and EPS to $0.47–$0.53, well above consensus estimates. Rubrik Q2 earnings report
• Positive Sentiment: Analyst targets moved higher: BMO Capital Markets, Barclays, and DA Davidson raised their price targets to $115, while KeyCorp raised its target to $120 and BTIG lifted its target to $125. The firms maintained bullish ratings, supporting the view that the post-earnings pullback may offer an entry opportunity. DA Davidson analyst report
• Positive Sentiment: AI security opportunity: Rubrik is emphasizing the growing threat from autonomous AI agents and positioning its data-security platform to address that risk, potentially expanding demand as businesses adopt AI. Rubrik AI threats article
• Neutral Sentiment: Rubrik added Rakefet Russak-Aminoach to its board, expanding the board from eight to nine members. The appointment may add strategic expertise but has limited immediate earnings impact. Rubrik board appointment
• Negative Sentiment: Margin concerns overshadowed the beat: Coverage indicates that gross-margin slippage and the stock’s elevated valuation prompted investors to lock in gains after the earnings release. Shares had climbed to roughly $107.7 before retreating, suggesting expectations were already very high. Rubrik gross margin article

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).