Brokers Issue Forecasts for Rubrik FY2026 Earnings

Key Points

• Cantor Fitzgerald forecasts Rubrik will report FY2026 earnings per share of ($2.22), with a price target of $115.00 on the stock, maintaining an "Overweight" rating.
• Rubrik missed earnings expectations for the recent quarter, reporting ($0.49) EPS against a consensus of ($0.34), although revenue grew by 44.9% year-over-year.
• Insiders have sold significant shares recently, with one director's sale representing a 75.96% decrease in their position, raising concerns about insider confidence in the stock's future performance.

Rubrik, Inc. (NYSE:RBRK - Free Report) - Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Rubrik in a report issued on Wednesday, September 10th. Cantor Fitzgerald analyst J. Ruykhaver expects that the company will post earnings per share of ($2.22) for the year. Cantor Fitzgerald has a "Overweight" rating and a $115.00 price target on the stock. The consensus estimate for Rubrik's current full-year earnings is ($7.66) per share.

Rubrik (NYSE:RBRK - Get Free Report) last announced its earnings results on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.34) by $0.31. The company had revenue of $309.86 million for the quarter, compared to analysts' expectations of $282.25 million. During the same period last year, the business earned ($0.40) EPS. The company's quarterly revenue was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180--0.160 EPS. FY 2026 guidance at -0.500--0.440 EPS.

RBRK has been the subject of a number of other research reports. Wedbush restated an "outperform" rating and issued a $120.00 price objective on shares of Rubrik in a report on Thursday. Oppenheimer restated a "market perform" rating on shares of Rubrik in a research note on Friday, June 6th. Wall Street Zen lowered Rubrik from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. Guggenheim boosted their target price on Rubrik from $105.00 to $108.00 and gave the stock a "buy" rating in a research note on Friday, June 6th. Finally, UBS Group restated a "buy" rating on shares of Rubrik in a report on Friday, June 6th. Sixteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $104.38.

Rubrik Stock Up 1.6%

NYSE RBRK traded up $1.18 during trading on Friday, hitting $75.68. The stock had a trading volume of 5,791,464 shares, compared to its average volume of 4,146,344. The company has a market capitalization of $14.64 billion, a PE ratio of -32.34 and a beta of 0.44. The firm has a 50 day moving average price of $87.30 and a 200 day moving average price of $79.76. Rubrik has a twelve month low of $30.35 and a twelve month high of $103.00.

Insider Transactions at Rubrik

In other news, Director John Wendell Thompson sold 9,009 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $87.83, for a total value of $791,260.47. Following the completion of the sale, the director directly owned 998 shares of the company's stock, valued at approximately $87,654.34. This represents a 90.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kiran Kumar Choudary sold 3,500 shares of Rubrik stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $88.26, for a total transaction of $308,910.00. Following the completion of the transaction, the chief financial officer directly owned 515,595 shares in the company, valued at $45,506,414.70. The trade was a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 210,586 shares of company stock worth $18,542,628 in the last three months. Corporate insiders own 32.38% of the company's stock.

Institutional Investors Weigh In On Rubrik

A number of institutional investors and hedge funds have recently modified their holdings of the company. Voloridge Investment Management LLC purchased a new position in Rubrik during the fourth quarter worth $85,331,000. Green Alpha Advisors LLC grew its position in Rubrik by 53.4% during the first quarter. Green Alpha Advisors LLC now owns 8,114 shares of the company's stock valued at $495,000 after acquiring an additional 2,824 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Rubrik by 168.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 667,229 shares of the company's stock valued at $43,610,000 after buying an additional 418,457 shares during the period. Northern Trust Corp increased its holdings in Rubrik by 23.1% in the 1st quarter. Northern Trust Corp now owns 236,649 shares of the company's stock valued at $14,431,000 after purchasing an additional 44,373 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Rubrik by 14.0% during the 4th quarter. Ameriprise Financial Inc. now owns 29,213 shares of the company's stock valued at $1,909,000 after buying an additional 3,593 shares during the period. Institutional investors and hedge funds own 49.54% of the company's stock.

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.