William Blair Has Bullish Estimate for Rubrik Q3 Earnings

Key Points

• William Blair analysts have upgraded their Q3 2026 earnings per share (EPS) estimate for Rubrik from ($0.72) to ($0.62), reflecting more optimism about the company's financial performance.
• Following recent earnings data, where Rubrik reported ($0.49) EPS, analysts noted a revenue increase of 44.9% compared to the same quarter last year, although this fell short of consensus estimates.
• A significant number of institutional investors have recently increased their stakes in Rubrik, raising their collective ownership to approximately 49.54% of the company's stock.

Rubrik, Inc. (NYSE:RBRK - Free Report) - Stock analysts at William Blair raised their Q3 2026 earnings per share estimates for Rubrik in a report issued on Wednesday, September 10th. William Blair analyst J. Ader now expects that the company will post earnings of ($0.62) per share for the quarter, up from their prior estimate of ($0.72). The consensus estimate for Rubrik's current full-year earnings is ($7.66) per share. William Blair also issued estimates for Rubrik's Q4 2026 earnings at ($0.57) EPS, FY2026 earnings at ($2.20) EPS, Q1 2027 earnings at ($0.51) EPS, Q2 2027 earnings at ($0.52) EPS, Q3 2027 earnings at ($0.44) EPS, Q4 2027 earnings at ($0.41) EPS and FY2027 earnings at ($1.90) EPS.

Rubrik (NYSE:RBRK - Get Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.31. The company had revenue of $309.86 million for the quarter, compared to analyst estimates of $282.25 million. During the same period last year, the company posted ($0.40) earnings per share. The business's revenue for the quarter was up 44.9% on a year-over-year basis. Rubrik has set its Q3 2026 guidance at -0.180--0.160 EPS. FY 2026 guidance at -0.500--0.440 EPS.

RBRK has been the subject of several other reports. Robert W. Baird increased their price target on Rubrik from $95.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, June 6th. Rosenblatt Securities upped their price objective on Rubrik from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. KeyCorp upped their price objective on Rubrik from $113.00 to $117.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. Wells Fargo & Company increased their target price on Rubrik from $80.00 to $125.00 and gave the stock an "overweight" rating in a research note on Friday, June 6th. Finally, Barclays increased their target price on Rubrik from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. Sixteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Rubrik has an average rating of "Moderate Buy" and a consensus price target of $104.38.

Rubrik Stock Performance

NYSE RBRK traded up $1.18 during trading hours on Monday, hitting $75.68. 5,791,464 shares of the company traded hands, compared to its average volume of 4,146,344. The business's 50-day moving average is $87.30 and its 200-day moving average is $79.76. Rubrik has a twelve month low of $30.35 and a twelve month high of $103.00. The stock has a market capitalization of $14.64 billion, a price-to-earnings ratio of -32.34 and a beta of 0.44.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Rubrik by 73.1% during the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company's stock worth $1,077,106,000 after purchasing an additional 5,077,513 shares during the last quarter. First Trust Advisors LP raised its position in shares of Rubrik by 44.8% in the 2nd quarter. First Trust Advisors LP now owns 4,462,705 shares of the company's stock worth $399,814,000 after acquiring an additional 1,380,941 shares in the last quarter. Norges Bank bought a new position in shares of Rubrik in the 2nd quarter worth about $219,132,000. Voya Investment Management LLC raised its position in shares of Rubrik by 15.0% in the 1st quarter. Voya Investment Management LLC now owns 2,247,210 shares of the company's stock worth $137,035,000 after acquiring an additional 293,275 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Rubrik by 6.9% in the 2nd quarter. Legal & General Group Plc now owns 2,159,435 shares of the company's stock worth $193,464,000 after acquiring an additional 139,022 shares in the last quarter. 49.54% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Rubrik news, CRO Brian K. Mccarthy sold 12,500 shares of the firm's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $87.84, for a total value of $1,098,000.00. Following the sale, the executive owned 406,052 shares of the company's stock, valued at approximately $35,667,607.68. This trade represents a 2.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Kiran Kumar Choudary sold 3,500 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $88.26, for a total value of $308,910.00. Following the sale, the chief financial officer directly owned 515,595 shares in the company, valued at approximately $45,506,414.70. This trade represents a 0.67% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 210,586 shares of company stock worth $18,542,628. 32.38% of the stock is owned by company insiders.

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.