Rubrik (RBRK) Expected to Announce Earnings on Thursday

Key Points

• Rubrik is set to report Q1 2027 earnings on Thursday, June 4, after the market closes. Analysts expect a loss of $0.03 per share on revenue of about $366.3 million, while the company guided for EPS of -$0.04 to -$0.02.
• The company’s last quarter beat expectations, posting $0.04 EPS versus an expected loss of $0.11 and revenue of $377.68 million, up 46.3% year over year. Despite that growth, analysts still see Rubrik losing money for the full fiscal year.
• Sentiment remains mixed but generally positive, with Wall Street maintaining a “Moderate Buy” rating and an average price target of $85.32. However, several firms have recently trimmed their targets, and insider selling has been notable over the past 90 days.

Rubrik (NYSE:RBRK - Get Free Report) is projected to release its Q1 2027 results after the market closes on Thursday, June 4th. Analysts expect Rubrik to post earnings of ($0.03) per share and revenue of $366.2890 million for the quarter. Rubrik has set its Q1 2027 guidance at -0.040--0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. Individuals can find conference call details on the company's upcoming Q1 2027 earning report page for the latest details on the call scheduled for Thursday, June 4, 2026 at 5:00 PM ET.

Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings data 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 analysts' expectations of $342.43 million. During the same period in the previous year, the firm posted ($0.18) EPS. The firm's revenue for the quarter was up 46.3% compared to the same quarter last year. On average, analysts expect Rubrik to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Rubrik Trading Down 3.5%

Shares of NYSE RBRK opened at $65.94 on Thursday. Rubrik has a 12 month low of $42.25 and a 12 month high of $103.00. The firm has a market capitalization of $13.34 billion, a price-to-earnings ratio of -37.25 and a beta of 0.63. The business has a 50-day moving average of $54.88 and a 200-day moving average of $62.31.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Wedbush cut their price objective on Rubrik from $120.00 to $90.00 and set an "outperform" rating for the company in a report on Friday, March 13th. Truist Financial dropped their target price on Rubrik from $110.00 to $80.00 and set a "buy" rating for the company in a research report on Tuesday, February 17th. Guggenheim restated a "buy" rating and issued a $110.00 target price on shares of Rubrik in a research report on Friday, March 13th. Scotiabank set a $70.00 target price on Rubrik and gave the stock a "sector outperform" rating in a research report on Monday, April 20th. Finally, Robert W. Baird dropped their target price on Rubrik from $125.00 to $110.00 and set an "outperform" rating for the company in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given 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 an average price target of $85.32.

Insider Buying and Selling at Rubrik

In other Rubrik news, Director John Wendell Thompson sold 2,500 shares of the business's stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $55.51, for a total value of $138,775.00. Following the completion of the sale, the director owned 17,500 shares in the company, valued at approximately $971,425. The trade was a 12.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kiran Kumar Choudary sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $51.69, for a total value of $1,033,800.00. Following the completion of the sale, the chief financial officer owned 549,901 shares of the company's stock, valued at $28,424,382.69. The trade was a 3.51% 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. Over the last 90 days, insiders sold 183,113 shares of company stock worth $9,076,797. 13.66% of the stock is currently owned by insiders.

Institutional Trading of Rubrik

Several hedge funds and other institutional investors have recently bought and sold shares of RBRK. NewEdge Advisors LLC raised its position in Rubrik by 12.0% during the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company's stock valued at $125,000 after purchasing an additional 150 shares during the last quarter. Creative Planning raised its holdings in shares of Rubrik by 5.3% during the second quarter. Creative Planning now owns 4,668 shares of the company's stock valued at $418,000 after acquiring an additional 236 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Rubrik by 1.1% during the second quarter. The Manufacturers Life Insurance Company now owns 27,113 shares of the company's stock valued at $2,429,000 after acquiring an additional 305 shares in the last quarter. Wilmington Savings Fund Society FSB raised its holdings in shares of Rubrik by 103.0% during the third quarter. Wilmington Savings Fund Society FSB now owns 666 shares of the company's stock valued at $55,000 after acquiring an additional 338 shares in the last quarter. Finally, Comerica Bank raised its holdings in shares of Rubrik by 209.0% during the first quarter. Comerica Bank now owns 584 shares of the company's stock valued at $36,000 after acquiring an additional 395 shares in the last quarter. Institutional investors own 49.54% of the company's stock.

Rubrik Company Profile

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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