Rubrik (RBRK) to Release Earnings on Tuesday

Key Points

• Rubrik is set to announce its Q2 2026 earnings on September 9th, with analysts expecting a loss of ($0.33) EPS and revenue of $282.26 million.
• The company's shares opened at $89.54 but have declined 3.8%, with a market capitalization of $17.32 billion.
• In recent insider transactions, Director Enrique T. Salem sold 700,000 shares for approximately $63.76 million, reflecting significant activity among corporate insiders.

Rubrik (NYSE:RBRK - Get Free Report) is projected to post its Q2 2026 results after the market closes on Tuesday, September 9th. Analysts expect Rubrik to post earnings of ($0.33) per share and revenue of $282.2560 million for the quarter. Interested persons may review the information on the company's upcoming Q2 2026 earningreport for the latest details on the call scheduled for Tuesday, September 9, 2025 at 5:00 PM ET.

Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings results on Thursday, June 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $0.17. The business had revenue of $278.48 million during the quarter, compared to the consensus estimate of $260.39 million. During the same quarter in the previous year, the business posted ($1.58) EPS. The company's revenue for the quarter was up 48.7% 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 $4.30 on Friday, hitting $90.85. 2,917,547 shares of the company's stock were exchanged, compared to its average volume of 2,057,461. The company has a 50 day moving average of $87.76 and a 200 day moving average of $78.96. The stock has a market cap of $17.58 billion, a P/E ratio of -32.10 and a beta of 0.43. Rubrik has a 12 month low of $29.18 and a 12 month high of $103.00.

Insider Activity at Rubrik

In other Rubrik news, CRO Brian K. Mccarthy sold 25,000 shares of the company's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $85.97, for a total value of $2,149,250.00. Following the sale, the executive owned 431,052 shares in the company, valued at approximately $37,057,540.44. The trade was a 5.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ravi Mhatre sold 16,984 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $89.47, for a total value of $1,519,558.48. Following the transaction, the director owned 81,842 shares of the company's stock, valued at $7,322,403.74. This trade represents a 17.19% 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 in the last quarter. Insiders own 32.38% of the company's stock.

Institutional Trading of Rubrik

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank lifted its position in shares of 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 period. Royal Bank of Canada raised its stake in Rubrik by 231.3% during the first quarter. Royal Bank of Canada now owns 29,320 shares of the company's stock worth $1,789,000 after buying an additional 20,471 shares during 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 buying an additional 300 shares during the period. Goldman Sachs Group Inc. boosted its position in Rubrik by 33.5% during the first quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company's stock valued at $57,343,000 after acquiring an additional 236,181 shares during the last quarter. Finally, Rhumbline Advisers boosted 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 during the last quarter. Institutional investors and hedge funds own 49.54% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. UBS Group restated a "buy" rating on shares of Rubrik in a research note on Friday, June 6th. Mizuho lowered shares of Rubrik from an "outperform" rating to a "neutral" rating and raised their target price for the company from $75.00 to $86.00 in a research report on Thursday, May 15th. Wells Fargo & Company boosted their target price 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. Wedbush increased their price target on Rubrik from $80.00 to $120.00 and gave the company an "outperform" rating in a research note on Thursday, June 12th. Finally, Guggenheim raised their price objective on Rubrik from $105.00 to $108.00 and gave the company a "buy" rating in a report on Friday, June 6th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $100.38.

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.