Rubrik (NYSE:RBRK) Updates FY 2027 Earnings Guidance

Key Points

• Rubrik raised its FY 2027 outlook, guiding for EPS of $0.47–$0.53 versus the $0.03 consensus estimate and revenue of approximately $1.7 billion versus expectations of $1.6 billion. Q3 FY 2027 EPS guidance was set at $0.07–$0.09.
• Rubrik’s latest quarterly results exceeded expectations, with EPS of $0.20 versus $0.04 expected and revenue of $427.26 million versus $396.30 million. Shares rose 11.5% to $107.17, near the company’s 12-month high.
• Analyst sentiment remains strongly positive, with 29 Buy ratings and one Sell rating producing a “Moderate Buy” consensus and a $104.56 price target. However, insiders sold 327,682 shares worth approximately $27.4 million over the past 90 days.

Rubrik (NYSE:RBRK - Get Free Report) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 0.470-0.530 for the period, compared to the consensus earnings per share estimate of 0.030. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion. Rubrik also updated its Q3 2027 guidance to 0.070-0.090 EPS.

Analyst Upgrades and Downgrades

A number of research firms have commented on RBRK. Jefferies Financial Group set a $90.00 target price on shares of Rubrik in a research report on Friday, June 5th. Robert W. Baird increased their price target on Rubrik from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Thursday, June 11th. Truist Financial raised their price target on Rubrik from $90.00 to $135.00 and gave the stock a "buy" rating in a research note on Wednesday, August 19th. Barclays lifted their price objective on Rubrik from $90.00 to $110.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. Finally, Stephens reissued an "overweight" rating and issued a $90.00 target price on shares of Rubrik in a report on Monday, June 15th. Twenty-nine analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $104.56.

Rubrik Stock Up 11.5%

RBRK stock traded up $11.04 during midday trading on Thursday, hitting $107.17. The company's stock had a trading volume of 7,421,742 shares, compared to its average volume of 3,730,102. Rubrik has a 12 month low of $42.25 and a 12 month high of $107.91. The company has a 50 day moving average of $83.75 and a two-hundred day moving average of $66.85. The firm has a market capitalization of $22.06 billion, a price-to-earnings ratio of -73.91 and a beta of 1.17.

Rubrik (NYSE:RBRK - Get Free Report) last released its earnings results on Thursday, August 27th. The company reported $0.20 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 analysts' expectations of $396.30 million. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. On average, analysts anticipate that Rubrik will post -1.13 earnings per share for the current fiscal year.

Insider Activity

In other Rubrik news, Director John Wendell Thompson sold 11,000 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $82.65, for a total transaction of $909,150.00. Following the completion of the transaction, the director owned 8,362 shares in the company, valued at $691,119.30. This trade represents a 56.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Arvind Nithrakashyap sold 199,447 shares of the firm's stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $84.28, for a total transaction of $16,809,393.16. Following the completion of the sale, the chief technology officer owned 314,048 shares of the company's stock, valued at $26,467,965.44. This trade represents a 38.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 327,682 shares of company stock worth $27,385,376. 13.66% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of RBRK. Ankerstar Wealth LLC acquired a new stake in Rubrik during the 4th quarter worth $113,000. PNC Financial Services Group Inc. increased its holdings in Rubrik by 32.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,638 shares of the company's stock valued at $125,000 after acquiring an additional 399 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its stake in Rubrik by 103.0% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 666 shares of the company's stock valued at $55,000 after buying an additional 338 shares in the last quarter. Danske Bank A S acquired a new position in Rubrik in the 3rd quarter valued at about $82,000. Finally, NewEdge Advisors LLC boosted its position in shares of Rubrik by 12.0% in the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company's stock worth $125,000 after acquiring an additional 150 shares during the last quarter. 49.54% of the stock is currently owned by hedge funds and other institutional investors.

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).

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