Rubrik (NYSE:RBRK) Price Target Raised to $125.00

Rubrik (NYSE:RBRK) had its price target upped by BTIG Research from $109.00 to $125.00 in a research note issued to investors on Friday morning, Marketbeat.com reports. BTIG Research currently has a buy rating on the stock.

RBRK has been the topic of several other reports. Piper Sandler restated an “overweight” rating and set a $91.00 target price (up from $84.00) on shares of Rubrik in a research report on Friday, June 5th. Rosenblatt Securities lifted their price objective on Rubrik from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, August 26th. The Goldman Sachs Group reiterated a “buy” rating on shares of Rubrik in a research report on Wednesday, August 19th. Robert W. Baird increased their price objective on shares of Rubrik from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, June 11th. Finally, Guggenheim increased their target price on Rubrik from $110.00 to $116.00 and gave the company a “buy” rating in a report on Monday, August 24th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $111.96.

Rubrik Stock Up 0.1%

Shares of NYSE:RBRK opened at $93.17 on Friday. The company has a market cap of $19.18 billion, a P/E ratio of -73.94 and a beta of 1.17. Rubrik has a 52 week low of $42.25 and a 52 week high of $107.91. The company has a 50-day moving average price of $84.94 and a 200 day moving average price of $67.52.

Rubrik (NYSE:RBRK) last released its earnings results on Thursday, August 27th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.16. The business had revenue of $427.26 million for the quarter, compared to analyst estimates of $396.30 million. During the same quarter in the previous year, the firm posted ($0.03) EPS. The business’s revenue for the quarter was up 43.9% on a year-over-year basis. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. Analysts expect that Rubrik will post -1.13 EPS for the current year.

Insider Activity at Rubrik

In other Rubrik news, CTO Arvind Nithrakashyap sold 12,820 shares of Rubrik stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $82.16, for a total value of $1,053,291.20. Following the transaction, the chief technology officer owned 314,048 shares in the company, valued at $25,802,183.68. This trade represents a 3.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wendell Thompson sold 11,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $82.65, for a total value of $909,150.00. Following the sale, the director owned 8,362 shares of the company’s stock, valued at approximately $691,119.30. The trade was a 56.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 111,897 shares of company stock worth $9,221,808. 13.66% of the stock is currently owned by company insiders.

Institutional Trading of Rubrik

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Corient Private Wealth LP acquired a new position in Rubrik during the 2nd quarter worth approximately $11,613,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Rubrik in the second quarter valued at approximately $2,810,000. California State Teachers Retirement System raised its stake in shares of Rubrik by 8,477.0% during the second quarter. California State Teachers Retirement System now owns 14,781,716 shares of the company’s stock valued at $1,186,676,000 after purchasing an additional 14,609,375 shares during the period. Straight Path Wealth Management purchased a new stake in shares of Rubrik during the second quarter valued at approximately $323,000. Finally, Wedmont Private Capital raised its stake in shares of Rubrik by 181.0% during the second quarter. Wedmont Private Capital now owns 16,054 shares of the company’s stock valued at $1,355,000 after purchasing an additional 10,340 shares during the period. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Strong earnings beat and raised outlook: Rubrik reported fiscal Q2 EPS of $0.20 versus the $0.04 consensus and revenue of $427.3 million versus expectations of $396.3 million. Revenue increased 43.9% year over year. Management guided fiscal 2027 revenue to approximately $1.7 billion and EPS to $0.47–$0.53, well above consensus estimates. Rubrik Q2 earnings report
• Positive Sentiment: Analyst targets moved higher: BMO Capital Markets, Barclays, and DA Davidson raised their price targets to $115, while KeyCorp raised its target to $120 and BTIG lifted its target to $125. The firms maintained bullish ratings, supporting the view that the post-earnings pullback may offer an entry opportunity. DA Davidson analyst report
• Positive Sentiment: AI security opportunity: Rubrik is emphasizing the growing threat from autonomous AI agents and positioning its data-security platform to address that risk, potentially expanding demand as businesses adopt AI. Rubrik AI threats article
• Neutral Sentiment: Rubrik added Rakefet Russak-Aminoach to its board, expanding the board from eight to nine members. The appointment may add strategic expertise but has limited immediate earnings impact. Rubrik board appointment
• Negative Sentiment: Margin concerns overshadowed the beat: Coverage indicates that gross-margin slippage and the stock’s elevated valuation prompted investors to lock in gains after the earnings release. Shares had climbed to roughly $107.7 before retreating, suggesting expectations were already very high. Rubrik gross margin article

About Rubrik

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).