Rubrik (NYSE:RBRK) Updates FY26 Earnings Guidance

Rubrik (NYSE:RBRK - Get Free Report) issued an update on its FY26 earnings guidance on Thursday morning. The company provided earnings per share guidance of $(1.23)-$(1.13) for the period, compared to the consensus earnings per share estimate of ($1.25). The company issued revenue guidance of $1.145-$1.161 billion, compared to the consensus revenue estimate of $1.11 billion. Rubrik also updated its Q1 guidance to $(0.33)-$(0.31) EPS.

Wall Street Analysts Forecast Growth

RBRK has been the subject of a number of research analyst reports. Truist Financial upped their price target on Rubrik from $50.00 to $75.00 and gave the stock a "buy" rating in a report on Friday, December 6th. KeyCorp increased their price target on shares of Rubrik from $75.00 to $87.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Citigroup raised their price target on shares of Rubrik from $75.00 to $85.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. BMO Capital Markets increased their target price on shares of Rubrik from $38.00 to $72.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. Finally, Wells Fargo & Company upped their price target on Rubrik from $40.00 to $76.00 and gave the company an "overweight" rating in a report on Friday, December 6th. Two 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $66.72.

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Rubrik Price Performance

NYSE:RBRK traded down $1.92 on Thursday, hitting $55.19. The company's stock had a trading volume of 2,321,631 shares, compared to its average volume of 2,027,123. Rubrik has a one year low of $28.34 and a one year high of $80.00. The stock has a fifty day moving average of $68.42 and a two-hundred day moving average of $53.26.

Insider Buying and Selling at Rubrik

In other 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Arvind Nithrakashyap sold 32,484 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $61.59, for a total transaction of $2,000,689.56. Following the sale, the chief technology officer now directly owns 219,279 shares of the company's stock, valued at $13,505,393.61. This represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 625,712 shares of company stock valued at $41,583,311 in the last three months.

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.

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