Rubrik (RBRK) Expected to Announce Quarterly Earnings on Thursday

Rubrik (NYSE:RBRK - Get Free Report) is expected to be issuing its Q1 2026 quarterly earnings data after the market closes on Thursday, June 5th. Analysts expect the company to announce earnings of ($0.32) per share and revenue of $260.39 million for the quarter.

Rubrik (NYSE:RBRK - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.39) by ($0.22). The business had revenue of $258.10 million for the quarter, compared to analyst estimates of $233.13 million. During the same period in the previous year, the business earned ($1.59) earnings per share. The firm's revenue was up 47.5% on a year-over-year basis. On average, analysts expect Rubrik to post $-8 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Rubrik Price Performance

Shares of RBRK stock traded up $0.09 during trading hours on Friday, hitting $95.47. The stock had a trading volume of 4,589,500 shares, compared to its average volume of 2,096,140. The stock's 50-day moving average price is $71.84 and its two-hundred day moving average price is $67.37. Rubrik has a one year low of $28.34 and a one year high of $97.76. The stock has a market capitalization of $18.12 billion and a price-to-earnings ratio of -6.93.

Analysts Set New Price Targets

Several analysts have recently issued reports on RBRK shares. Wells Fargo & Company upped their price objective on Rubrik from $76.00 to $80.00 and gave the stock an "overweight" rating in a report on Friday, March 14th. William Blair started coverage on shares of Rubrik in a research note on Friday, February 7th. They set a "market perform" rating on the stock. Roth Capital initiated coverage on shares of Rubrik in a research note on Thursday, May 15th. They issued a "buy" rating and a $97.00 price objective for the company. KeyCorp decreased their target price on shares of Rubrik from $82.00 to $76.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Finally, Mizuho downgraded shares of Rubrik from an "outperform" rating to a "neutral" rating and increased their price target for the company from $75.00 to $86.00 in a report on Thursday, May 15th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $77.69.

Insider Buying and Selling at Rubrik

In other news, CFO Kiran Kumar Choudary sold 87,971 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $70.04, for a total transaction of $6,161,488.84. Following the transaction, the chief financial officer now owns 413,458 shares of the company's stock, valued at approximately $28,958,598.32. This represents a 17.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Wendell Thompson sold 9,009 shares of Rubrik stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $63.18, for a total value of $569,188.62. Following the completion of the sale, the director now owns 998 shares of the company's stock, valued at $63,053.64. The trade was a 90.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 630,617 shares of company stock valued at $43,678,208 in the last three months. Company insiders own 32.38% of the company's stock.

Hedge Funds Weigh In On Rubrik

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

Rubrik Company Profile

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.