Rubrik (NYSE:RBRK) Given New $125.00 Price Target at BTIG Research

Key Points

• BTIG Research raised Rubrik’s price target to $125 from $109 and maintained a “buy” rating, implying 16.64% upside from the reported current price. Analysts overall hold a “Moderate Buy” consensus, with an average target of $105.92.
• Rubrik reported stronger-than-expected quarterly results, including EPS of $0.20 versus the $0.04 consensus and revenue of $427.26 million, up 43.9% year over year. Management’s fiscal 2027 and third-quarter guidance also exceeded Wall Street expectations.
• Despite supportive analyst sentiment and strong operating results, the stock has been volatile near its 52-week high, while insiders sold roughly $27.2 million of shares over the past 90 days.

Rubrik (NYSE:RBRK - Get Free Report) had its price objective increased by equities research analysts at BTIG Research from $109.00 to $125.00 in a report issued on Friday,Benzinga reports. The firm currently has a "buy" rating on the stock. BTIG Research's target price would indicate a potential upside of 16.64% from the stock's current price.

A number of other equities research analysts have also weighed in on the company. Loop Capital assumed coverage on Rubrik in a research report on Monday, August 3rd. They set a "buy" rating and a $100.00 target price for the company. Weiss Ratings reissued a "sell (d-)" rating on shares of Rubrik in a research report on Wednesday, June 24th. Stephens restated an "overweight" rating on shares of Rubrik in a research note on Friday. Jefferies Financial Group set a $90.00 price objective on Rubrik in a report on Friday, June 5th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $91.00 price objective (up from $84.00) on shares of Rubrik in a research note on Friday, June 5th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $105.92.

Rubrik Trading Up 11.5%

NYSE RBRK opened at $107.17 on Friday. The stock has a market cap of $22.06 billion, a PE ratio of -73.91 and a beta of 1.17. Rubrik has a 12 month low of $42.25 and a 12 month high of $107.91. The company's 50-day moving average price is $84.48 and its 200-day moving average price is $67.25.

Rubrik (NYSE:RBRK - Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.16. The company had revenue of $427.26 million during the quarter, compared to the consensus estimate of $396.30 million. During the same quarter in the prior year, the company earned ($0.03) earnings per share. Rubrik's revenue was up 43.9% on a year-over-year basis. 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 forecast that Rubrik will post -1.13 earnings per share for the current year.

Insider Activity

In related news, CTO Arvind Nithrakashyap sold 12,820 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $83.71, for a total transaction of $1,073,162.20. Following the completion of the transaction, the chief technology officer owned 293,293 shares in the company, valued at $24,551,557.03. The trade was a 4.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 721 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $75.00, for a total transaction of $54,075.00. Following the transaction, the director owned 3,917 shares of the company's stock, valued at approximately $293,775. This trade represents a 15.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 324,844 shares of company stock worth $27,172,526 over the last ninety days. 13.66% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Rubrik

Several institutional investors and hedge funds have recently bought and sold shares of RBRK. California State Teachers Retirement System lifted its holdings in shares of Rubrik by 8,477.0% during the 2nd quarter. California State Teachers Retirement System now owns 14,781,716 shares of the company's stock valued at $1,186,676,000 after purchasing an additional 14,609,375 shares during the last quarter. Norges Bank acquired a new position in Rubrik during the 4th quarter valued at about $345,907,000. First Trust Advisors LP increased its position in Rubrik by 42.8% during the 4th quarter. First Trust Advisors LP now owns 7,064,057 shares of the company's stock valued at $540,259,000 after buying an additional 2,116,272 shares in the last quarter. Pictet Asset Management Holding SA raised its stake in Rubrik by 104.1% in the first quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company's stock valued at $162,572,000 after buying an additional 1,696,342 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Rubrik by 12.9% in the fourth quarter. Vanguard Group Inc. now owns 14,694,503 shares of the company's stock worth $1,123,836,000 after acquiring an additional 1,678,255 shares in the last quarter. 49.54% of the stock is owned by hedge funds and other institutional investors.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Results significantly exceeded expectations. Rubrik reported adjusted EPS of $0.20 versus the $0.04 analyst consensus, while revenue rose 43.9% year over year to $427.26 million, ahead of the $396.30 million estimate. The quarter also marked an improvement from a $0.03 per-share loss a year earlier. Rubrik Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management issued guidance well above Wall Street forecasts. Fiscal 2027 EPS guidance is $0.47–$0.53 versus consensus of $0.03, with revenue guidance of approximately $1.7 billion versus $1.6 billion expected. Third-quarter EPS guidance of $0.07–$0.09 and revenue guidance of $429–$431 million also exceed consensus estimates. Rubrik Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Analyst sentiment remains supportive. Rosenblatt Securities raised its price target from $95 to $105 and maintained a Buy rating, while reports also cited bullish expectations from Scotiabank. Rosenblatt Raises Rubrik Price Target
• Neutral Sentiment: Rubrik expanded its board from eight to nine directors by appointing Rakefet Russak-Aminoach. The addition may strengthen the company’s strategic and technology oversight but is unlikely to materially affect near-term results. Rubrik Appoints Rakefet Russak-Aminoach
• Negative Sentiment: The stock’s reaction has been volatile despite the strong report. Some coverage described a decline after earnings, suggesting investors may have been taking profits or demanding an even stronger outlook. With RBRK near its 52-week high and trading at a substantial growth-stock valuation, expectations are elevated and further gains may require continued execution. Rubrik Tumbles Despite Strong Q2 Results and Guidance

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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