Rubrik, Inc. (NYSE:RBRK) Stock Has Average Target Price of $118.04

Key Points

• Analysts are broadly positive: 30 of 31 covering Rubrik rate it a buy, with one sell rating and an average 12-month price target of $118.04.
• Recent results topped expectations: Rubrik reported quarterly EPS of $0.20 versus a $0.04 consensus estimate and revenue of $427.26 million, up 43.9% year over year.
• Rubrik expanded its cyber-resilience offering to cover enterprise unstructured data. Insiders have sold 139,583 shares worth about $15.1 million over the past 90 days, with some sales disclosed as pre-arranged Rule 10b5-1 transactions.

Shares of Rubrik, Inc. (NYSE:RBRK - Get Free Report) have received an average recommendation of "Moderate Buy" from the thirty-one analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating and thirty have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $118.04.

Several equities analysts have commented on the company. Scotiabank reaffirmed an "outperform" rating on shares of Rubrik in a report on Tuesday, August 25th. Cantor Fitzgerald reissued an "overweight" rating and set a $120.00 price objective on shares of Rubrik in a report on Friday, August 28th. Barclays boosted their price objective on Rubrik from $110.00 to $115.00 and gave the company an "overweight" rating in a research report on Friday, August 28th. Robert W. Baird upped their target price on Rubrik from $130.00 to $139.00 and gave the company an "outperform" rating in a research note on Wednesday, September 23rd. Finally, Mizuho raised their target price on Rubrik from $90.00 to $112.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 19th.

Key Headlines Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik announced that its cyber-resilience capabilities now cover enterprise unstructured data, expanding the reach of its data-protection offering. This could support customer adoption, though the reports provide no financial guidance tied to the launch. Article: Rubrik Extends Cyber Resilience Across Enterprise Unstructured Data
• Neutral Sentiment: Rubrik’s Authorized Intelligence podcast joined the N2K CyberWire network. The expanded distribution may raise awareness of Rubrik’s expertise, but the announcement does not indicate a direct effect on sales or earnings. Article: Rubrik podcast joins the N2K CyberWire network
• Negative Sentiment: Several insiders reported stock sales, including CTO Arvind Nithrakashyap (12,820 shares) and directors John Thompson (11,000 shares) and Yvonne Wassenaar (721 shares). These sales can concern investors, although the transactions were made under pre-arranged Rule 10b5-1 plans; the CTO retained a substantial stake. Article: Rubrik director stock sale

Insider Buying and Selling at Rubrik

In other Rubrik news, Director John Thompson sold 11,000 shares of the firm's stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $117.27, for a total transaction of $1,289,970.00. Following the completion of the transaction, the director owned 8,362 shares in the company, valued at $980,611.74. This trade represents a 56.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 on Wednesday, November 4th. The shares were sold at an average price of $116.61, for a total value of $84,075.81. Following the completion of the sale, the director directly owned 2,988 shares in the company, valued at approximately $348,430.68. This represents a 19.44% 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 have sold 139,583 shares of company stock valued at $15,125,212 in the last 90 days. 13.66% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. V Square Quantitative Management LLC acquired a new position in Rubrik during the 3rd quarter worth $27,000. CoreCap Advisors LLC increased its stake in shares of Rubrik by 268.2% in the 3rd quarter. CoreCap Advisors LLC now owns 545 shares of the company's stock valued at $62,000 after buying an additional 397 shares during the period. Essential Partners LLC increased its stake in shares of Rubrik by 99.3% in the 1st quarter. Essential Partners LLC now owns 570 shares of the company's stock valued at $28,000 after buying an additional 284 shares during the period. Markowski Investments acquired a new stake in shares of Rubrik in the 2nd quarter valued at $48,000. Finally, State of Wyoming bought a new stake in shares of Rubrik during the third quarter worth $84,000. 49.54% of the stock is owned by institutional investors.

Rubrik Stock Down 11.4%

Shares of RBRK stock opened at $105.47 on Friday. Rubrik has a 12 month low of $42.25 and a 12 month high of $139.92. The firm has a market cap of $21.86 billion, a PE ratio of -83.70 and a beta of 1.08. The stock has a 50 day moving average of $111.85 and a 200-day moving average of $77.67.

Rubrik (NYSE:RBRK - Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.16. The company had revenue of $427.26 million during the quarter, compared to analyst estimates of $396.30 million. During the same quarter in the previous year, the business posted ($0.03) EPS. The company'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, equities analysts predict that Rubrik will post -1.19 EPS for the current fiscal year.

About Rubrik

Rubrik, Inc is a cybersecurity and data-management company that provides organizations with tools to protect, manage and recover data across on-premises infrastructure, cloud environments and software-as-a-service applications. Its platform is designed to help businesses maintain data availability, strengthen cyber resilience and recover operations following events such as ransomware attacks, system failures or other disruptions.

The company's Rubrik Security Cloud platform combines data backup, recovery, archival, monitoring and security capabilities.

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