Rubrik (NYSE:RBRK) Releases Q3 2026 Earnings Guidance

Key Points

• Rubrik has issued Q3 2026 earnings guidance with an expected EPS range of -0.180 to -0.160, which is better than the consensus estimate of -0.420, and revenue guidance between $319.0 million and $321.0 million.
• Following the earnings update, Rubrik's stock price rose by $3.10 to reach $98.71 during midday trading, with a significant trading volume of 8,618,910 shares.
• Analysts remain positive on Rubrik, with fifteen analysts rating the stock as a Buy, and a consensus price target set at $100.38.

Rubrik (NYSE:RBRK - Get Free Report) issued an update on its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -0.180--0.160 for the period, compared to the consensus earnings per share estimate of -0.420. The company issued revenue guidance of $319.0 million-$321.0 million, compared to the consensus revenue estimate of $301.5 million. Rubrik also updated its FY 2026 guidance to -0.500--0.440 EPS.

Rubrik Stock Performance

NYSE:RBRK traded up $3.10 during midday trading on Tuesday, reaching $98.71. 8,618,910 shares of the stock traded hands, compared to its average volume of 3,003,301. Rubrik has a 12-month low of $29.18 and a 12-month high of $103.00. The stock has a market capitalization of $19.10 billion, a PE ratio of -34.88 and a beta of 0.44. The business has a 50-day moving average of $87.89 and a two-hundred day moving average of $79.19.

Rubrik (NYSE:RBRK - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($0.16). During the same quarter in the previous year, the business posted ($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. Research analysts anticipate that Rubrik will post -7.66 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. KeyCorp reaffirmed an "overweight" rating and issued a $113.00 target price (up from $98.00) on shares of Rubrik in a research note on Friday, June 6th. Cantor Fitzgerald increased their price objective on shares of Rubrik from $95.00 to $115.00 and gave the stock an "overweight" rating in a report on Friday, June 6th. Guggenheim upped their target price on shares of Rubrik from $105.00 to $108.00 and gave the company a "buy" rating in a research note on Friday, June 6th. BMO Capital Markets reiterated an "outperform" rating and set a $110.00 price target (up from $77.00) on shares of Rubrik in a research report on Friday, June 6th. Finally, Roth Capital upped their price target on Rubrik from $97.00 to $107.00 and gave the company a "buy" rating in a research report on Friday, June 6th. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $100.38.

Insider Transactions at Rubrik

In other Rubrik news, CRO Brian K. Mccarthy sold 12,500 shares of Rubrik stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $87.84, for a total value of $1,098,000.00. Following the sale, the executive owned 406,052 shares of the company's stock, valued at $35,667,607.68. This trade represents a 2.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Kiran Kumar Choudary sold 3,500 shares of Rubrik stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $88.26, for a total value of $308,910.00. Following the completion of the sale, the chief financial officer directly owned 515,595 shares in the company, valued at $45,506,414.70. This represents a 0.67% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 914,086 shares of company stock worth $82,614,503. Company insiders own 32.38% of the company's stock.

Institutional Investors Weigh In On Rubrik

A number of institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC boosted its stake in shares of Rubrik by 12.0% in the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company's stock valued at $125,000 after buying an additional 150 shares during the period. Creative Planning increased its holdings in Rubrik by 5.3% in the second quarter. Creative Planning now owns 4,668 shares of the company's stock valued at $418,000 after purchasing an additional 236 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Rubrik by 1.1% in the second quarter. The Manufacturers Life Insurance Company now owns 27,113 shares of the company's stock valued at $2,429,000 after purchasing an additional 305 shares during the period. Comerica Bank lifted its position in shares of Rubrik by 209.0% during the 1st quarter. Comerica Bank now owns 584 shares of the company's stock valued at $36,000 after acquiring an additional 395 shares during the period. Finally, Diversify Wealth Management LLC lifted its holdings in shares of Rubrik by 5.7% in the 2nd quarter. Diversify Wealth Management LLC now owns 36,269 shares of the company's stock worth $3,204,000 after purchasing an additional 1,946 shares in the last quarter. Institutional investors 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.

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