Rubrik (NYSE:RBRK) Hits New 12-Month Low - Here's Why

Key Points

• Rubrik shares hit a new 52-week low, trading as low as $44.11 and last at $43.95 on Friday (down about 6.7%) on volume of ~473,881, well below its 50- and 200-day moving averages of $52.14 and $67.23 respectively.
• Multiple analysts have cut price targets (e.g., Citigroup to $88 from $115, Goldman Sachs to $80 from $120), but the consensus remains a Moderate Buy with an average target of $89.10.
• Rubrik beat the quarter with $0.04 EPS (vs. -$0.11 est.) and revenue of $377.7M (up 46.3% YoY), yet issued mixed Q1/FY2027 guidance, while insiders sold roughly 238,806 shares (~$12.6M) in the past three months.

Rubrik, Inc. (NYSE:RBRK - Get Free Report) shares hit a new 52-week low during trading on Friday . The stock traded as low as $44.11 and last traded at $43.9510, with a volume of 473881 shares. The stock had previously closed at $46.18.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on RBRK shares. Citigroup lowered their target price on shares of Rubrik from $115.00 to $88.00 and set a "buy" rating on the stock in a research note on Monday, March 16th. The Goldman Sachs Group reduced their price objective on shares of Rubrik from $120.00 to $80.00 and set a "buy" rating for the company in a report on Monday, February 9th. Stephens began coverage on shares of Rubrik in a report on Monday, December 29th. They set an "overweight" rating and a $105.00 price target for the company. Cantor Fitzgerald cut their price target on shares of Rubrik from $105.00 to $85.00 and set an "overweight" rating for the company in a report on Monday, March 9th. Finally, DA Davidson set a $70.00 target price on shares of Rubrik in a research note on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Rubrik presently has a consensus rating of "Moderate Buy" and an average target price of $89.10.

Rubrik Stock Down 6.7%

The company's fifty day moving average price is $52.14 and its two-hundred day moving average price is $67.23. The company has a market cap of $8.72 billion, a price-to-earnings ratio of -24.35 and a beta of 0.63.

Rubrik (NYSE:RBRK - Get Free Report) last announced its earnings results on Thursday, March 12th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million for the quarter, compared to analyst estimates of $342.43 million. During the same quarter in the previous year, the company posted ($0.18) EPS. The business's revenue for the quarter was up 46.3% compared to the same quarter last year. Rubrik has set its Q1 2027 guidance at -0.040--0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. On average, equities research analysts predict that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Rubrik news, Director John Wendell Thompson sold 11,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $55.29, for a total transaction of $608,190.00. Following the sale, the director directly owned 3,655 shares in the company, valued at $202,084.95. This represents a 75.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Brian K. Mccarthy sold 10,000 shares of the stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $70.88, for a total transaction of $708,800.00. Following the sale, the insider owned 330,772 shares in the company, valued at $23,445,119.36. The trade was a 2.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 238,806 shares of company stock valued at $12,620,003 in the last three months. Insiders own 32.38% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Comerica Bank grew its position in shares of Rubrik by 209.0% during the 1st quarter. Comerica Bank now owns 584 shares of the company's stock worth $36,000 after buying an additional 395 shares during the period. Royal Bank of Canada boosted its holdings in Rubrik by 231.3% during the 1st quarter. Royal Bank of Canada now owns 29,320 shares of the company's stock worth $1,789,000 after acquiring an additional 20,471 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Rubrik by 31.6% during the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company's stock worth $76,000 after acquiring an additional 300 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Rubrik by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company's stock worth $57,343,000 after purchasing an additional 236,181 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of Rubrik by 204.1% during the 1st quarter. Rhumbline Advisers now owns 2,980 shares of the company's stock worth $182,000 after purchasing an additional 2,000 shares during the period. Institutional investors own 49.54% of the company's stock.

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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