Rubrik (NYSE:RBRK) Updates FY 2026 Earnings Guidance

Rubrik (NYSE:RBRK - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of -1.230--1.130 for the period, compared to the consensus EPS 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.

Analyst Upgrades and Downgrades

Several research firms have recently commented on RBRK. Cantor Fitzgerald reissued an "overweight" rating and issued a $85.00 target price on shares of Rubrik in a report on Friday. Robert W. Baird dropped their price objective on shares of Rubrik from $83.00 to $76.00 and set an "outperform" rating for the company in a research note on Wednesday, March 12th. KeyCorp reduced their target price on shares of Rubrik from $87.00 to $82.00 and set an "overweight" rating on the stock in a report on Friday. Truist Financial increased their price target on shares of Rubrik from $50.00 to $75.00 and gave the company a "buy" rating in a report on Friday, December 6th. Finally, BMO Capital Markets boosted their price objective on Rubrik from $72.00 to $77.00 and gave the stock an "outperform" rating in a research note on Friday. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $69.78.

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Rubrik Stock Performance

Shares of Rubrik stock traded up $0.04 on Monday, hitting $70.68. 3,293,822 shares of the company traded hands, compared to its average volume of 2,163,568. The stock's 50 day moving average price is $68.27 and its 200-day moving average price is $53.78. Rubrik has a 52 week low of $28.34 and a 52 week high of $80.00.

Rubrik (NYSE:RBRK - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.39) by ($0.22). The firm had revenue of $258.10 million for the quarter, compared to analysts' expectations of $233.13 million. The business's quarterly revenue was up 47.5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($1.59) EPS. As a group, equities analysts forecast that Rubrik will post -7.66 earnings per share for the current year.

Insider Buying and Selling at Rubrik

In related news, CTO Arvind Nithrakashyap sold 32,485 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $74.85, for a total value of $2,431,502.25. Following the sale, the chief technology officer now owns 219,279 shares in the company, valued at $16,413,033.15. This represents a 12.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Yvonne Wassenaar sold 2,500 shares of the firm's stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $67.60, for a total transaction of $169,000.00. Following the transaction, the director now directly owns 153 shares of the company's stock, valued at $10,342.80. This represents a 94.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 625,712 shares of company stock worth $41,583,311.

Rubrik Company Profile

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.