Rubrik (NYSE:RBRK) Issues FY 2026 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its FY 2026 earnings guidance on Thursday morning. 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

RBRK has been the subject of a number of research reports. Cantor Fitzgerald increased their target price on Rubrik from $58.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. Citigroup upped their target price on shares of Rubrik from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. William Blair initiated coverage on Rubrik in a report on Friday, February 7th. They issued a “market perform” rating on the stock. BMO Capital Markets increased their price objective on Rubrik from $38.00 to $72.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Finally, Truist Financial lifted their target price on Rubrik from $50.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, December 6th. 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 company’s stock. Based on data from MarketBeat.com, Rubrik currently has an average rating of “Buy” and an average price target of $66.72.

Rubrik Trading Down 3.4 %

Rubrik stock opened at $55.19 on Friday. The stock has a 50-day simple moving average of $68.42 and a 200 day simple moving average of $53.26. Rubrik has a 52 week low of $28.34 and a 52 week 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 during the quarter, compared to the consensus estimate of $233.13 million. During the same period in the prior year, the company earned ($1.59) EPS. The company’s revenue for the quarter was up 47.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Rubrik will post -7.66 earnings per share for the current year.

Insider Activity

In related news, Director Yvonne Wassenaar sold 2,500 shares of Rubrik 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 completion of the sale, the director now directly owns 153 shares of the company’s stock, valued at approximately $10,342.80. This trade represents a 94.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Kiran Kumar Choudary sold 3,973 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $72.34, for a total value of $287,406.82. Following the completion of the sale, the chief financial officer now owns 345,374 shares of the company’s stock, valued at $24,984,355.16. This trade represents a 1.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 625,712 shares of company stock valued at $41,583,311 over the last ninety days.

About Rubrik

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.