Rubrik (NYSE:RBRK) Releases FY 2026 Earnings Guidance

Key Points

• Rubrik has updated its FY 2026 earnings guidance, projecting EPS between -0.500 and -0.440, significantly better than the consensus estimate of -1.600.
• The company's revenue guidance for FY 2026 remains stable at $1.2 billion, matching analysts' expectations.
• Analysts have recently raised their price targets for Rubrik, with targets ranging from $108.00 to $125.00, indicating strong market confidence in the stock.

Rubrik (NYSE:RBRK - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of -0.500--0.440 for the period, compared to the consensus estimate of -1.600. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Rubrik also updated its Q3 2026 guidance to -0.180--0.160 EPS.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Guggenheim lifted their price objective on shares of Rubrik from $105.00 to $108.00 and gave the stock a "buy" rating in a research note on Friday, June 6th. KeyCorp reaffirmed an "overweight" rating and issued a $113.00 price objective (up previously from $98.00) on shares of Rubrik in a research note on Friday, June 6th. Wedbush lifted their price objective on shares of Rubrik from $80.00 to $120.00 and gave the stock an "outperform" rating in a research note on Thursday, June 12th. Wells Fargo & Company lifted their price objective on shares of Rubrik from $80.00 to $125.00 and gave the stock an "overweight" rating in a research note on Friday, June 6th. Finally, Cantor Fitzgerald lifted their price objective on shares of Rubrik from $95.00 to $115.00 and gave the stock an "overweight" rating in a research note on Friday, June 6th. Fifteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $100.38.

Rubrik Price Performance

RBRK traded up $3.10 on Tuesday, reaching $98.71. 8,618,910 shares of the company traded hands, compared to its average volume of 3,003,301. The stock's 50 day moving average price is $87.89 and its 200-day moving average price is $79.19. Rubrik has a 52-week low of $29.18 and a 52-week high of $103.00. The company has a market cap of $19.10 billion, a price-to-earnings ratio of -34.88 and a beta of 0.44.

Rubrik (NYSE:RBRK - Get Free Report) last announced its quarterly earnings data on Tuesday, September 9th. The company reported ($0.49) EPS for the quarter, missing analysts' consensus estimates of ($0.33) by ($0.16). During the same quarter in the previous year, the firm earned ($0.40) EPS. Rubrik has set its Q3 2026 guidance at -0.180--0.160 EPS. FY 2026 guidance at -0.500--0.440 EPS. As a group, equities research analysts forecast that Rubrik will post -7.66 earnings per share for the current fiscal year.

Insider Buying and Selling at Rubrik

In other Rubrik news, Director Yvonne Wassenaar sold 2,000 shares of Rubrik stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $88.21, for a total value of $176,420.00. Following the completion of the sale, the director directly owned 2,855 shares in the company, valued at $251,839.55. The trade was a 41.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Wendell Thompson sold 9,009 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $87.83, for a total transaction of $791,260.47. Following the completion of the sale, the director owned 998 shares of the company's stock, valued at $87,654.34. The trade was a 90.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 914,086 shares of company stock valued at $82,614,503 over the last three months. 32.38% of the stock is owned by insiders.

Institutional Trading of Rubrik

A number of institutional investors and hedge funds have recently modified their holdings of RBRK. Comerica Bank lifted its stake in shares of Rubrik by 209.0% in the first quarter. Comerica Bank now owns 584 shares of the company's stock worth $36,000 after buying an additional 395 shares during the last quarter. NewEdge Advisors LLC raised its stake in Rubrik by 31.6% during the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company's stock valued at $76,000 after purchasing an additional 300 shares during the last quarter. Rhumbline Advisers raised its stake in Rubrik by 204.1% during the 1st quarter. Rhumbline Advisers now owns 2,980 shares of the company's stock valued at $182,000 after purchasing an additional 2,000 shares during the last quarter. Vident Advisory LLC acquired a new position in Rubrik during the 2nd quarter valued at $235,000. Finally, Oxford Asset Management LLP acquired a new position in Rubrik during the 2nd quarter valued at $267,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

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.

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