Rubrik (NYSE:RBRK) Updates FY26 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its FY26 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $(1.23)-$(1.13) for the period, compared to the consensus 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 FY 2026 guidance to -1.230–1.130 EPS.

Wall Street Analyst Weigh In

RBRK has been the topic of several recent research reports. William Blair started coverage on shares of Rubrik in a research report on Friday, February 7th. They issued a “market perform” rating on the stock. Wedbush boosted their price target on shares of Rubrik from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Friday. Rosenblatt Securities raised Rubrik from a “neutral” rating to a “buy” rating and set a $77.00 target price for the company in a report on Wednesday. Truist Financial upped their price target on Rubrik from $50.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $85.00 price target on shares of Rubrik in a research note on Friday. Two equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Rubrik presently has a consensus rating of “Buy” and a consensus price target of $69.78.

Rubrik Price Performance

Shares of RBRK opened at $70.54 on Friday. The stock has a 50 day simple moving average of $68.20 and a 200-day simple moving average of $53.27. Rubrik has a 1 year low of $28.34 and a 1 year high of $80.00.

Rubrik (NYSE:RBRK) last issued its earnings results on Thursday, March 13th. The company reported ($0.61) EPS for the quarter, missing the consensus estimate 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 company earned ($1.59) EPS. The business’s quarterly revenue was up 47.5% compared to the same quarter last year. As a group, research analysts forecast that Rubrik will post -7.66 earnings per share for the current year.

Insider Activity

In other news, CFO Kiran Kumar Choudary sold 3,973 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were 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 $24,984,355.16. This represents a 1.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Yvonne Wassenaar sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $77.31, for a total transaction of $193,275.00. Following the completion of the transaction, the director now owns 153 shares of the company’s stock, valued at $11,828.43. This trade represents a 94.23 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 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.