Wells Fargo & Company Has Lowered Expectations for Rubrik (NYSE:RBRK) Stock Price

Key Points

• Wells Fargo cut its price target on Rubrik from $125 to $90 but left an "overweight" rating, implying about a 69.6% upside from the stock's current level.
• Q4 results beat expectations—EPS of $0.04 and revenue of $377.7M (up ~46% YoY)—and management issued upbeat FY‑2027 guidance (EPS $0.07–$0.27), signaling a path toward fiscal‑year profitability.
• Despite the beat, shares trade near $53.08 and many analysts have trimmed targets (consensus price target ≈ $93.68), while insiders sold about 146,000 shares over the last quarter.

Rubrik (NYSE:RBRK - Get Free Report) had its target price reduced by research analysts at Wells Fargo & Company from $125.00 to $90.00 in a report issued on Friday,Benzinga reports. The firm presently has an "overweight" rating on the stock. Wells Fargo & Company's price target indicates a potential upside of 69.56% from the stock's current price.

RBRK has been the subject of several other research reports. Truist Financial lowered their price target on shares of Rubrik from $110.00 to $80.00 and set a "buy" rating for the company in a report on Tuesday, February 17th. The Goldman Sachs Group reduced their price objective on shares of Rubrik from $120.00 to $80.00 and set a "buy" rating on the stock in a research note on Monday, February 9th. Oppenheimer began coverage on shares of Rubrik in a research note on Monday, November 17th. They set a "market perform" rating for the company. Rosenblatt Securities dropped their target price on shares of Rubrik from $120.00 to $95.00 and set a "buy" rating on the stock in a report on Monday. Finally, Piper Sandler cut their price target on shares of Rubrik from $118.00 to $99.00 and set an "overweight" rating on the stock in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Rubrik currently has an average rating of "Moderate Buy" and a consensus price target of $93.68.

Rubrik Stock Down 1.7%

Shares of NYSE RBRK traded down $0.94 during trading on Friday, reaching $53.08. The company had a trading volume of 4,266,252 shares, compared to its average volume of 3,862,708. The stock has a market cap of $10.62 billion, a P/E ratio of -27.22 and a beta of 0.45. The company's fifty day moving average price is $59.58 and its 200-day moving average price is $72.10. Rubrik has a 12 month low of $46.36 and a 12 month high of $103.00.

Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.11) by $0.15. The company had revenue of $377.68 million for the quarter, compared to the consensus estimate of $342.43 million. Rubrik's revenue was up 46.3% compared to the same quarter last year. During the same quarter last year, the business earned ($0.18) earnings per share. Rubrik has set its Q1 2027 guidance at -0.040--0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. As a group, equities analysts predict that Rubrik will post -7.66 earnings per share for the current year.

Insider Activity at Rubrik

In related news, CFO Kiran Kumar Choudary sold 20,000 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $67.66, for a total transaction of $1,353,200.00. Following the transaction, the chief financial officer directly owned 489,959 shares of the company's stock, valued at $33,150,625.94. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Arvind Nithrakashyap sold 31,450 shares of the firm's stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $76.19, for a total transaction of $2,396,175.50. Following the completion of the sale, the chief technology officer owned 342,703 shares of the company's stock, valued at $26,110,541.57. The trade was a 8.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 146,219 shares of company stock worth $9,834,982 over the last quarter. 32.38% of the stock is currently owned by insiders.

Institutional Trading of Rubrik

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RBRK. Strs Ohio lifted its holdings in shares of Rubrik by 90.8% in the 3rd quarter. Strs Ohio now owns 62,300 shares of the company's stock worth $5,124,000 after purchasing an additional 29,649 shares in the last quarter. WCM Investment Management LLC bought a new stake in Rubrik during the 3rd quarter valued at $4,717,000. ARK Investment Management LLC increased its stake in Rubrik by 21.1% during the 3rd quarter. ARK Investment Management LLC now owns 319,112 shares of the company's stock valued at $26,247,000 after purchasing an additional 55,500 shares in the last quarter. Citigroup Inc. raised its holdings in Rubrik by 210.2% during the third quarter. Citigroup Inc. now owns 104,041 shares of the company's stock worth $8,557,000 after buying an additional 70,504 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its stake in shares of Rubrik by 471.4% in the third quarter. TD Waterhouse Canada Inc. now owns 50,614 shares of the company's stock valued at $4,181,000 after buying an additional 41,756 shares in the last quarter. 49.54% of the stock is owned by institutional investors.

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 results beat consensus: Rubrik reported adjusted EPS of $0.04 (vs. consensus loss) and revenue of $377.7M, up ~46% year‑over‑year — a clear operational beat that supports upside to the shares. Proactive: Rubrik delivers fourth quarter earnings beat, guidance above expectations
• Positive Sentiment: Strong FY‑2027 guidance: Management issued FY‑27 EPS guidance of $0.07–$0.27 and Q1 EPS guide of ‑$0.04 to ‑$0.02, both well above prior consensus (and Q1 revenue guidance above estimates) — this shift toward fiscal‑year profitability is driving bullish reappraisal. Business Wire: Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Analyst and research support: Recent analyst commentary (including a Baird revisit and bullish write‑ups highlighting Rubrik’s role in AI/data resilience) is reinforcing the buy case among investors focused on durable subscription ARR growth. TipRanks: Buy rating and analyst note Seeking Alpha: High Growth Rates And AI Resilience
• Neutral Sentiment: Supplementary disclosures: The company posted an earnings call transcript, slide deck and press release for the quarter — useful for investors digging into unit economics, ARR trends and margin cadence. Conference materials
• Positive Sentiment: Unusual options activity: Heavy call buying was observed around the print, which can amplify intraday upside as traders position for further rallies (short‑term positive flow). (Market activity noted on the print day.)
• Negative Sentiment: Technical/valuation headwinds and volatility: RBRK has seen a sizable YTD pullback from its prior highs and remains below key moving averages, so some of the post‑earnings advance was met by profit‑taking and technical selling pressure — this can mute sustained upside despite the beat. Seeking Alpha: context on recent selloff

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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