Rubrik (NYSE:RBRK) Updates FY 2026 Earnings Guidance

Rubrik (NYSE:RBRK) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of -0.200–0.160 for the period, compared to the consensus EPS estimate of -1.180. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion. Rubrik also updated its Q4 2026 guidance to -0.120–0.100 EPS.

Analyst Ratings Changes

A number of brokerages recently commented on RBRK. CIBC lifted their price objective on Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a research report on Thursday, September 11th. KeyCorp raised their target price on Rubrik from $113.00 to $117.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Guggenheim restated a “buy” rating and issued a $108.00 target price on shares of Rubrik in a research report on Monday. Wedbush reiterated an “outperform” rating and set a $120.00 price target on shares of Rubrik in a report on Thursday, September 11th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Rubrik in a research report on Monday. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Rubrik presently has a consensus rating of “Moderate Buy” and an average target price of $109.06.

Rubrik Stock Down 1.4%

NYSE RBRK traded down $0.99 on Thursday, reaching $70.42. The stock had a trading volume of 8,554,482 shares, compared to its average volume of 3,147,644. The stock has a fifty day moving average price of $75.61 and a two-hundred day moving average price of $83.73. Rubrik has a 12-month low of $47.35 and a 12-month high of $103.00. The firm has a market capitalization of $13.91 billion, a price-to-earnings ratio of -30.10 and a beta of 0.32.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Tuesday, September 9th. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.31. The firm had revenue of $309.86 million during the quarter, compared to analyst estimates of $282.25 million. The company’s quarterly revenue was up 44.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.40) earnings per share. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS and its FY 2026 guidance at -0.500–0.440 EPS. Sell-side analysts forecast that Rubrik will post -7.66 earnings per share for the current fiscal year.

Insider Transactions at Rubrik

In other Rubrik news, insider Brian K. Mccarthy sold 10,000 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $75.90, for a total transaction of $759,000.00. Following the sale, the insider directly owned 349,319 shares in the company, valued at $26,513,312.10. This represents a 2.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kiran Kumar Choudary sold 6,599 shares of the business’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $74.21, for a total transaction of $489,711.79. Following the sale, the chief financial officer owned 516,184 shares in the company, valued at $38,306,014.64. This trade represents a 1.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 115,966 shares of company stock valued at $8,777,876. 32.38% of the stock is owned by insiders.

Institutional Investors Weigh In On Rubrik

A number of hedge funds have recently added to or reduced their stakes in RBRK. Bank of America Corp DE boosted its position in Rubrik by 7.0% in the 2nd quarter. Bank of America Corp DE now owns 2,073,044 shares of the company’s stock valued at $185,724,000 after buying an additional 136,262 shares during the period. State Street Corp increased its position in shares of Rubrik by 139.7% during the second quarter. State Street Corp now owns 1,771,475 shares of the company’s stock worth $158,706,000 after acquiring an additional 1,032,497 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Rubrik by 41.7% in the second quarter. BNP Paribas Financial Markets now owns 1,275,468 shares of the company’s stock valued at $114,269,000 after acquiring an additional 375,615 shares in the last quarter. AQR Capital Management LLC purchased a new position in Rubrik in the third quarter valued at $97,828,000. Finally, Invesco Ltd. increased its holdings in Rubrik by 364.8% during the 3rd quarter. Invesco Ltd. now owns 1,074,025 shares of the company’s stock worth $88,339,000 after purchasing an additional 842,939 shares during the period. 49.54% of the stock is currently owned by institutional investors and hedge funds.

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.