Rubrik (NYSE:RBRK) Given New $115.00 Price Target at Barclays

Key Points

• Barclays raised Rubrik’s price target to $115 from $110 and maintained an “overweight” rating, implying approximately 21.4% upside from the reported share price.
• Analyst sentiment remains broadly positive: 29 analysts rate the stock a Buy, one rates it a Sell, and the consensus target is $110.65. Other firms set targets as high as $125.
• Despite strong quarterly results—EPS of $0.20 versus $0.04 expected and 43.9% year-over-year revenue growth—Rubrik shares fell 11.5% to $94.71, indicating investor concerns about valuation or elevated expectations.

Rubrik (NYSE:RBRK - Get Free Report) had its price objective lifted by investment analysts at Barclays from $110.00 to $115.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Barclays's price objective suggests a potential upside of 21.42% from the stock's current price.

Several other equities analysts have also weighed in on the stock. Loop Capital assumed coverage on shares of Rubrik in a research report on Monday, August 3rd. They issued a "buy" rating and a $100.00 price objective on the stock. Citigroup increased their price target on shares of Rubrik from $88.00 to $96.00 and gave the company a "buy" rating in a report on Friday, June 5th. BTIG Research boosted their price objective on Rubrik from $109.00 to $125.00 and gave the stock a "buy" rating in a report on Friday. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $120.00 target price on shares of Rubrik in a research report on Friday. Finally, Guggenheim lifted their price target on Rubrik from $110.00 to $116.00 and gave the stock a "buy" rating in a report on Monday. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Rubrik presently has an average rating of "Moderate Buy" and an average target price of $110.65.

Rubrik Trading Down 11.5%

NYSE:RBRK traded down $12.31 on Friday, hitting $94.71. The company's stock had a trading volume of 4,920,030 shares, compared to its average volume of 3,745,516. The stock has a fifty day moving average of $84.48 and a two-hundred day moving average of $67.25. The firm has a market capitalization of $19.49 billion, a P/E ratio of -65.32 and a beta of 1.17. Rubrik has a one year low of $42.25 and a one year high of $107.91.

Rubrik (NYSE:RBRK - Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.16. The business had revenue of $427.26 million during the quarter, compared to analyst estimates of $396.30 million. The business's quarterly revenue was up 43.9% on a year-over-year basis. During the same period in the previous year, the business earned ($0.03) earnings per share. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. As a group, sell-side analysts anticipate that Rubrik will post -1.13 EPS for the current year.

Insider Transactions at Rubrik

In other Rubrik news, CTO Arvind Nithrakashyap sold 12,820 shares of the business's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $83.71, for a total value of $1,073,162.20. Following the completion of the sale, the chief technology officer owned 293,293 shares of the company's stock, valued at $24,551,557.03. The trade was a 4.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ravi Mhatre sold 3,979 shares of the stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $83.10, for a total transaction of $330,654.90. Following the transaction, the director owned 125,351 shares in the company, valued at approximately $10,416,668.10. The trade was a 3.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 324,844 shares of company stock worth $27,172,526. Company insiders own 13.66% of the company's stock.

Institutional Investors Weigh In On Rubrik

Large investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LP bought a new stake in shares of Rubrik during the 2nd quarter valued at $11,613,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Rubrik in the second quarter worth $2,810,000. California State Teachers Retirement System increased its position in shares of Rubrik by 8,477.0% in the second quarter. California State Teachers Retirement System now owns 14,781,716 shares of the company's stock worth $1,186,676,000 after purchasing an additional 14,609,375 shares during the period. Straight Path Wealth Management acquired a new position in Rubrik in the second quarter valued at about $323,000. Finally, Wedmont Private Capital raised its stake in Rubrik by 181.0% in the second quarter. Wedmont Private Capital now owns 16,054 shares of the company's stock valued at $1,355,000 after purchasing an additional 10,340 shares in the last quarter. Institutional investors and hedge funds own 49.54% of the company's stock.

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Strong earnings beat: Rubrik reported adjusted EPS of $0.20, well above the $0.04 consensus and the prior-year loss of $0.03. Revenue rose 43.9% year over year to $427.26 million, exceeding estimates of $396.30 million. Rubrik Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Raised outlook exceeded expectations: Management issued third-quarter EPS guidance of $0.07–$0.09 and revenue guidance of $429 million–$431 million, above consensus estimates. Full-year fiscal 2027 EPS guidance of $0.47–$0.53 and revenue guidance of approximately $1.7 billion also exceeded Wall Street forecasts. Rubrik Tumbles Despite Strong Q2 Results and Guidance
• Positive Sentiment: Analysts raised targets: BTIG increased its target from $109 to $125 and maintained a Buy rating. KeyCorp raised its target from $112 to $120 with an Overweight rating, while BMO lifted its target from $98 to $115 and assigned an Outperform rating. Cantor Fitzgerald reaffirmed Overweight with a $120 target. Analyst Ratings and Price Targets
• Positive Sentiment: Profitability arrived earlier than expected: Coverage highlighted Rubrik’s EPS beat and improving profitability, reinforcing investor optimism around subscription growth, recurring revenue and AI-driven demand. Rubrik Q2 2027 Earnings
• Neutral Sentiment: Rubrik appointed Rakefet Russak-Aminoach to its board, expanding the board to nine members. The appointment adds experienced financial and technology leadership but is not expected to materially change near-term results. Rubrik Appoints New Director
• Negative Sentiment: The stock initially fell after the report despite the beat and raised guidance, suggesting that investors had already priced in strong execution or were concerned about valuation and high expectations. Analysts and investors are continuing to examine the earnings-call details and subscription metrics. Rubrik Stock Is Falling After Earnings

About Rubrik

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company's platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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