Rubrik (NYSE:RBRK) Price Target Increased to $48.00 by Analysts at Wedbush

Rubrik (NYSE:RBRK) had its target price boosted by Wedbush from $44.00 to $48.00 in a research note issued to investors on Wednesday morning, Benzinga reports. The brokerage currently has an outperform rating on the stock. Wedbush also issued estimates for Rubrik’s Q4 2025 earnings at ($0.78) EPS, FY2025 earnings at ($7.84) EPS, Q2 2026 earnings at ($0.77) EPS, Q4 2026 earnings at ($0.81) EPS and FY2026 earnings at ($3.21) EPS.

RBRK has been the topic of several other research reports. Robert W. Baird started coverage on shares of Rubrik in a research report on Monday, July 15th. They issued an “outperform” rating and a $42.00 price target on the stock. Piper Sandler initiated coverage on Rubrik in a research report on Monday, August 19th. They set an “overweight” rating and a $42.00 target price on the stock. Citigroup lifted their price target on Rubrik from $47.00 to $48.00 and gave the company a “buy” rating in a research report on Wednesday, September 11th. Wells Fargo & Company dropped their price objective on Rubrik from $42.00 to $40.00 and set an “overweight” rating on the stock in a report on Tuesday, September 10th. Finally, CIBC lifted their target price on Rubrik from $50.00 to $52.00 and gave the company an “outperformer” rating in a report on Tuesday, September 10th. Sixteen research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $44.65.

Rubrik Trading Up 0.2 %

Rubrik stock opened at $39.54 on Wednesday. The firm has a 50 day moving average price of $33.98. Rubrik has a 12 month low of $28.34 and a 12 month high of $41.33.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Monday, September 9th. The company reported ($0.97) EPS for the quarter, missing analysts’ consensus estimates of ($0.96) by ($0.01). The firm had revenue of $204.95 million during the quarter, compared to analysts’ expectations of $195.58 million. On average, analysts predict that Rubrik will post -7.95 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Ravi Mhatre sold 15,933 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $30.19, for a total transaction of $481,017.27. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Rubrik news, Director Ravi Mhatre sold 15,933 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $30.19, for a total value of $481,017.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO Brian K. Mccarthy sold 25,000 shares of the stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $40.00, for a total value of $1,000,000.00. Following the sale, the executive now directly owns 412,545 shares of the company’s stock, valued at approximately $16,501,800. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 368,329 shares of company stock worth $12,241,803 in the last 90 days.

Hedge Funds Weigh In On Rubrik

A number of hedge funds have recently modified their holdings of RBRK. Diversified Trust Co purchased a new stake in shares of Rubrik during the third quarter worth about $432,000. Davidson Kempner Capital Management LP bought a new position in Rubrik during the 2nd quarter valued at approximately $2,606,000. Bank of Montreal Can purchased a new stake in Rubrik in the 2nd quarter worth approximately $427,000. ARK Investment Management LLC bought a new stake in shares of Rubrik in the 2nd quarter worth approximately $6,043,000. Finally, EPIQ Capital Group LLC purchased a new position in shares of Rubrik during the second quarter valued at approximately $15,111,000.

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.