Rubrik (NYSE:RBRK) Issues FY 2026 Earnings Guidance

Rubrik (NYSE:RBRK - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -1.230--1.130 for the period, compared to the consensus estimate of -1.250. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Rubrik also updated its FY26 guidance to $(1.23)-$(1.13) EPS.

Rubrik Price Performance

Shares of RBRK traded down $1.92 during mid-day trading on Thursday, hitting $55.19. 2,387,546 shares of the company's stock were exchanged, compared to its average volume of 2,038,486. Rubrik has a 52 week low of $28.34 and a 52 week high of $80.00. The company has a 50-day simple moving average of $68.42 and a 200 day simple moving average of $53.26.

Analyst Ratings Changes

Several brokerages recently commented on RBRK. Wells Fargo & Company increased their price target on Rubrik from $40.00 to $76.00 and gave the company an "overweight" rating in a research report on Friday, December 6th. BMO Capital Markets upped their price target on shares of Rubrik from $38.00 to $72.00 and gave the stock an "outperform" rating in a research report on Friday, December 6th. Robert W. Baird reduced their price target on Rubrik from $83.00 to $76.00 and set an "outperform" rating for the company in a report on Wednesday. Mizuho lifted their price objective on shares of Rubrik from $75.00 to $82.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 17th. Finally, Barclays upped their target price on Rubrik from $51.00 to $70.00 and gave the company an "overweight" rating in a research report on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Rubrik currently has an average rating of "Buy" and an average target price of $66.72.

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Insider Activity

In other Rubrik news, CFO Kiran Kumar Choudary sold 3,973 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $72.34, for a total transaction of $287,406.82. Following the completion of the transaction, the chief financial officer now directly owns 345,374 shares of the company's stock, valued at approximately $24,984,355.16. This represents a 1.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Brian K. Mccarthy sold 28,485 shares of the company's stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $72.34, for a total transaction of $2,060,604.90. Following the sale, the executive now directly owns 346,560 shares in the company, valued at approximately $25,070,150.40. This trade represents a 7.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 625,712 shares of company stock worth $41,583,311 over the last quarter.

About Rubrik

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.

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