Rubrik (NYSE:RBRK) Posts Earnings Results, Beats Expectations By $0.17 EPS

Rubrik (NYSE:RBRK) announced its quarterly earnings data on Thursday. The company reported ($0.15) EPS for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.17, RTT News reports. The business had revenue of $278.48 million during the quarter, compared to the consensus estimate of $260.39 million. The business’s revenue for the quarter was up 48.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($1.58) EPS. Rubrik updated its FY 2026 guidance to -1.020–0.960 EPS and its Q2 2026 guidance to -0.350–0.330 EPS.

Rubrik Price Performance

NYSE:RBRK opened at $98.03 on Friday. Rubrik has a one year low of $28.34 and a one year high of $103.00. The company has a market cap of $18.60 billion, a P/E ratio of -34.64 and a beta of 0.87. The firm’s fifty day moving average price is $75.32 and its two-hundred day moving average price is $69.25.

Insider Buying and Selling at Rubrik

In related news, major shareholder Lightspeed Management Company, sold 13,213 shares of the company’s stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $62.98, for a total value of $832,154.74. Following the transaction, the insider now directly owns 21,221 shares in the company, valued at approximately $1,336,498.58. This represents a 38.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CRO Brian K. Mccarthy sold 25,000 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $70.00, for a total transaction of $1,750,000.00. Following the completion of the transaction, the executive now owns 331,043 shares in the company, valued at $23,173,010. This trade represents a 7.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 632,609 shares of company stock worth $47,450,968 over the last ninety days. Insiders own 32.38% of the company’s stock.

Hedge Funds Weigh In On Rubrik

Several institutional investors and hedge funds have recently modified their holdings of RBRK. Goldman Sachs Group Inc. grew its stake in shares of Rubrik by 33.5% in 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 in the last quarter. Royal Bank of Canada grew its stake in shares of Rubrik by 231.3% in the first quarter. Royal Bank of Canada now owns 29,320 shares of the company’s stock valued at $1,789,000 after acquiring an additional 20,471 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Rubrik by 204.1% in 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. Comerica Bank grew its stake in shares of Rubrik by 209.0% in the first quarter. Comerica Bank now owns 584 shares of the company’s stock valued at $36,000 after acquiring an additional 395 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of 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 in the last quarter. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Roth Capital boosted their price objective on shares of Rubrik from $97.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday. KeyCorp boosted their price objective on shares of Rubrik from $98.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday. Mizuho lowered shares of Rubrik from an “outperform” rating to a “neutral” rating and boosted their price objective for the stock from $75.00 to $86.00 in a research report on Thursday, May 15th. Wedbush reissued an “outperform” rating and issued a $120.00 price objective (up previously from $80.00) on shares of Rubrik in a research report on Friday. Finally, UBS Group reaffirmed a “buy” rating on shares of Rubrik in a research report on Friday. Three investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $95.81.

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.