Rubrik (NYSE:RBRK) Receives Overweight Rating from Cantor Fitzgerald

Rubrik (NYSE:RBRK)‘s stock had its “overweight” rating restated by stock analysts at Cantor Fitzgerald in a report released on Friday,Benzinga reports. They currently have a $120.00 target price on the stock. Cantor Fitzgerald’s price objective indicates a potential upside of 11.97% from the company’s previous close.

Several other analysts have also recently weighed in on RBRK. Wolfe Research restated an “outperform” rating on shares of Rubrik in a research report on Friday. Stephens reiterated an “overweight” rating on shares of Rubrik in a research report on Friday. BMO Capital Markets increased their target price on Rubrik from $87.00 to $98.00 and gave the company an “outperform” rating in a research note on Friday, July 10th. Scotiabank reissued an “outperform” rating on shares of Rubrik in a research note on Tuesday. Finally, UBS Group restated a “buy” rating and set a $106.00 price target on shares of Rubrik in a research report on Wednesday, August 19th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Rubrik currently has a consensus rating of “Moderate Buy” and an average target price of $105.92.

Rubrik Trading Up 11.5%

Shares of NYSE RBRK opened at $107.17 on Friday. Rubrik has a 12 month low of $42.25 and a 12 month high of $107.91. The firm has a market capitalization of $22.06 billion, a price-to-earnings ratio of -73.91 and a beta of 1.17. The business has a 50-day moving average of $84.48 and a 200-day moving average of $67.25.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Thursday, August 27th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.16. The company had revenue of $427.26 million during the quarter, compared to the consensus estimate of $396.30 million. During the same quarter 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. On average, analysts predict that Rubrik will post -1.13 earnings per share for the current year.

Insider Activity at Rubrik

In other Rubrik news, Director Yvonne Wassenaar sold 721 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $75.00, for a total value of $54,075.00. Following the completion of the sale, the director owned 3,917 shares in the company, valued at approximately $293,775. The trade was a 15.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kiran Kumar Choudary sold 10,000 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $98.32, for a total value of $983,200.00. Following the sale, the chief financial officer directly owned 978,073 shares of the company’s stock, valued at approximately $96,164,137.36. This trade represents a 1.01% 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. Insiders sold a total of 324,844 shares of company stock worth $27,172,526 over the last three months. Corporate insiders own 13.66% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Corient Private Wealth LP bought a new stake in Rubrik during the 2nd quarter valued at $11,613,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Rubrik in the 2nd quarter worth $2,810,000. California State Teachers Retirement System grew its holdings in Rubrik by 8,477.0% in the 2nd quarter. California State Teachers Retirement System now owns 14,781,716 shares of the company’s stock worth $1,186,676,000 after acquiring an additional 14,609,375 shares during the last quarter. Straight Path Wealth Management purchased a new position in shares of Rubrik in the second quarter valued at about $323,000. Finally, Wedmont Private Capital raised its stake 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 acquiring an additional 10,340 shares during the last quarter. 49.54% of the stock is owned by hedge funds and other institutional investors.

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Results significantly exceeded expectations. Rubrik reported adjusted EPS of $0.20 versus the $0.04 analyst consensus, while revenue rose 43.9% year over year to $427.26 million, ahead of the $396.30 million estimate. The quarter also marked an improvement from a $0.03 per-share loss a year earlier. Rubrik Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management issued guidance well above Wall Street forecasts. Fiscal 2027 EPS guidance is $0.47–$0.53 versus consensus of $0.03, with revenue guidance of approximately $1.7 billion versus $1.6 billion expected. Third-quarter EPS guidance of $0.07–$0.09 and revenue guidance of $429–$431 million also exceed consensus estimates. Rubrik Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Analyst sentiment remains supportive. Rosenblatt Securities raised its price target from $95 to $105 and maintained a Buy rating, while reports also cited bullish expectations from Scotiabank. Rosenblatt Raises Rubrik Price Target
• Neutral Sentiment: Rubrik expanded its board from eight to nine directors by appointing Rakefet Russak-Aminoach. The addition may strengthen the company’s strategic and technology oversight but is unlikely to materially affect near-term results. Rubrik Appoints Rakefet Russak-Aminoach
• Negative Sentiment: The stock’s reaction has been volatile despite the strong report. Some coverage described a decline after earnings, suggesting investors may have been taking profits or demanding an even stronger outlook. With RBRK near its 52-week high and trading at a substantial growth-stock valuation, expectations are elevated and further gains may require continued execution. Rubrik Tumbles Despite Strong Q2 Results and Guidance

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).