Rubrik (RBRK) to Release Quarterly Earnings on Thursday

Rubrik (NYSE:RBRK - Get Free Report) is projected to issue 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 earnings results on Thursday, March 13th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.39) by ($0.22). The business had revenue of $258.10 million for the quarter, compared to the consensus estimate of $233.13 million. During the same period last year, the firm posted ($1.59) EPS. The firm's quarterly 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 Trading Up 4.6%

RBRK stock traded up $4.38 during midday trading on Monday, reaching $99.73. The company had a trading volume of 2,432,323 shares, compared to its average volume of 2,101,192. Rubrik has a 1 year low of $28.34 and a 1 year high of $99.95. The company has a market capitalization of $18.93 billion and a P/E ratio of -7.24. The company has a 50 day moving average of $72.47 and a two-hundred day moving average of $68.08.

Wall Street Analyst Weigh In

RBRK has been the subject of a number of research analyst reports. UBS Group reiterated a "buy" rating on shares of Rubrik in a research report on Tuesday, April 29th. Cantor Fitzgerald increased their target price on shares of Rubrik from $85.00 to $95.00 and gave the stock an "overweight" rating in a research report on Thursday, May 15th. Roth Capital initiated coverage on shares of Rubrik in a research report on Thursday, May 15th. They issued a "buy" rating and a $97.00 target price for the company. Wedbush raised their price target on shares of Rubrik from $75.00 to $80.00 and gave the company an "outperform" rating in a report on Friday, March 14th. Finally, Guggenheim restated a "buy" rating and set a $105.00 price target (up previously from $80.00) on shares of Rubrik in a report on Wednesday, May 28th. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $77.69.

Insider Activity at Rubrik

In other Rubrik news, CFO Kiran Kumar Choudary sold 3,500 shares of the firm's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $94.86, for a total value of $332,010.00. Following the sale, the chief financial officer now directly owns 551,665 shares in the company, valued at $52,330,941.90. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CRO Brian K. Mccarthy sold 25,000 shares of the firm's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $90.10, for a total transaction of $2,252,500.00. Following the completion of the sale, the executive now owns 504,584 shares in the company, valued at $45,463,018.40. This represents a 4.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 564,123 shares of company stock worth $39,458,701. 32.38% of the stock is owned by insiders.

Institutional Trading of Rubrik

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Comerica Bank grew 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 during the last quarter. NewEdge Advisors LLC grew its position in Rubrik by 31.6% in the 1st quarter. NewEdge Advisors LLC now owns 1,250 shares of the company's stock worth $76,000 after purchasing an additional 300 shares during the last quarter. Rhumbline Advisers grew its position in Rubrik by 204.1% in 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 last quarter. Royal Bank of Canada grew its position in Rubrik by 231.3% in the 1st quarter. Royal Bank of Canada now owns 29,320 shares of the company's stock worth $1,789,000 after purchasing an additional 20,471 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Rubrik by 33.5% in 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 last quarter. 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.