Rubrik, Inc. (NYSE:RBRK) Receives $102.00 Consensus Price Target from Analysts

Shares of Rubrik, Inc. (NYSE:RBRK) have earned a consensus recommendation of “Moderate Buy” from the thirty ratings firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and twenty-nine have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $111.9615.

Several equities analysts have issued reports on RBRK shares. Telsey Advisory Group set a $120.00 price objective on Rubrik in a research report on Friday. Scotiabank restated an “outperform” rating on shares of Rubrik in a research note on Tuesday. Citigroup lifted their price target on Rubrik from $96.00 to $130.00 and gave the company a “buy” rating in a report on Friday. Jefferies Financial Group set a $90.00 price objective on shares of Rubrik in a report on Friday, June 5th. Finally, BTIG Research raised their price objective on shares of Rubrik from $109.00 to $125.00 and gave the company a “buy” rating in a research report on Friday.

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

Rubrik Trading Down 12.9%

Shares of Rubrik stock opened at $93.17 on Friday. The stock has a market capitalization of $19.18 billion, a price-to-earnings ratio of -73.94 and a beta of 1.17. The firm’s 50-day moving average price is $84.94 and its two-hundred day moving average price is $67.43. Rubrik has a 1-year low of $42.25 and a 1-year high of $107.91.

Rubrik (NYSE:RBRK) last posted its 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 firm had revenue of $427.26 million during the quarter, compared to the consensus estimate of $396.30 million. The business’s revenue was up 43.9% on a year-over-year basis. During the same quarter last year, the firm posted ($0.03) EPS. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. As a group, equities research analysts predict that Rubrik will post -1.13 EPS for the current year.

Insiders Place Their Bets

In related news, CTO Arvind Nithrakashyap sold 12,820 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $83.71, for a total value of $1,073,162.20. Following the completion of the sale, the chief technology officer owned 293,293 shares of the company’s stock, valued at $24,551,557.03. This trade represents a 4.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ravi Mhatre sold 3,979 shares of the business’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $83.10, for a total transaction of $330,654.90. Following the completion of the transaction, the director owned 125,351 shares of the company’s stock, valued at $10,416,668.10. This trade represents a 3.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 324,844 shares of company stock valued at $27,172,526 over the last quarter. Company insiders own 13.66% of the company’s stock.

Hedge Funds Weigh In On Rubrik

Several large investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp increased its position in Rubrik by 100.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the period. Banque Cantonale Vaudoise bought a new stake in Rubrik during the 3rd quarter worth about $34,000. Triumph Capital Management acquired a new position in Rubrik during the 4th quarter valued at about $33,000. Los Angeles Capital Management LLC acquired a new position in Rubrik during the 4th quarter valued at about $35,000. Finally, Advocate Investing Services LLC bought a new position in shares of Rubrik in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik Company Profile

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).