Rubrik (NYSE:RBRK) Updates Q1 2026 Earnings Guidance

Rubrik (NYSE:RBRK - Get Free Report) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -0.330--0.310 for the period, compared to the consensus estimate of -0.500. The company issued revenue guidance of $259.0 million-$261.0 million, compared to the consensus revenue estimate of $242.4 million. Rubrik also updated its FY 2026 guidance to -1.230--1.130 EPS.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on RBRK. Citigroup upped their price objective on shares of Rubrik from $75.00 to $85.00 and gave the stock a "buy" rating in a report on Friday, January 17th. Cantor Fitzgerald reissued an "overweight" rating and issued a $85.00 price target on shares of Rubrik in a report on Friday. KeyCorp reduced their price target on shares of Rubrik from $87.00 to $82.00 and set an "overweight" rating for the company in a report on Friday. Barclays increased their price target on shares of Rubrik from $51.00 to $70.00 and gave the company an "overweight" rating in a report on Friday, December 6th. Finally, William Blair initiated coverage on shares of Rubrik in a report on Friday, February 7th. They issued a "market perform" rating for the company. Two equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Rubrik has a consensus rating of "Buy" and a consensus target price of $69.78.

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Rubrik Stock Performance

RBRK traded up $15.26 during trading on Friday, reaching $70.54. The company had a trading volume of 7,265,231 shares, compared to its average volume of 1,910,957. Rubrik has a 12 month low of $28.34 and a 12 month high of $80.00. The business's fifty day moving average price is $68.27 and its 200 day moving average price is $53.78.

Rubrik (NYSE:RBRK - Get Free Report) last posted 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 the consensus estimate of $233.13 million. During the same quarter in the previous year, the business earned ($1.59) EPS. The firm's revenue was up 47.5% compared to the same quarter last year. On average, analysts forecast that Rubrik will post -7.66 EPS for the current fiscal year.

Insider Buying and Selling

In other Rubrik news, Director Yvonne Wassenaar sold 2,500 shares of Rubrik stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $67.60, for a total transaction of $169,000.00. Following the completion of the transaction, the director now directly owns 153 shares of the company's stock, valued at $10,342.80. The trade was a 94.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Arvind Nithrakashyap sold 32,484 shares of Rubrik stock in a transaction on 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 transaction, the chief technology officer now directly owns 219,279 shares of the company's stock, valued at approximately $13,505,393.61. This trade represents a 12.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have 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.