Rubrik (NYSE:RBRK) Reaches New 12-Month Low – Should You Sell?

Shares of Rubrik, Inc. (NYSE:RBRK) hit a new 52-week low on Monday . The stock traded as low as $47.23 and last traded at $47.74, with a volume of 506580 shares trading hands. The stock had previously closed at $50.20.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on RBRK. Truist Financial decreased their target price on shares of Rubrik from $110.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. UBS Group restated a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Guggenheim set a $110.00 price objective on shares of Rubrik in a research note on Friday, December 5th. The Goldman Sachs Group cut their target price on Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Finally, Berenberg Bank initiated coverage on Rubrik in a report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price target on the stock. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Rubrik has an average rating of “Moderate Buy” and a consensus target price of $106.94.

Rubrik Stock Down 6.5%

The firm has a market cap of $9.39 billion, a P/E ratio of -24.14 and a beta of 0.33. The business has a fifty day simple moving average of $66.20 and a 200-day simple moving average of $75.09.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to analysts’ expectations of $320.19 million. The company’s revenue was up 48.3% on a year-over-year basis. During the same period last year, the business earned ($0.21) earnings per share. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. On average, sell-side analysts anticipate that Rubrik, Inc. will post -7.66 EPS for the current fiscal year.

Insider Transactions at Rubrik

In other news, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $70.88, for a total value of $708,800.00. Following the completion of the sale, the insider directly owned 330,772 shares in the company, valued at $23,445,119.36. This represents a 2.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director John Wendell Thompson sold 11,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $55.29, for a total value of $608,190.00. Following the completion of the transaction, the director owned 3,655 shares in the company, valued at $202,084.95. The trade was a 75.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 256,887 shares of company stock worth $19,276,805. 32.38% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Rubrik

A number of hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its position in Rubrik by 12.0% in the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock valued at $125,000 after buying an additional 150 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in Rubrik by 100.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares during the period. CI Investments Inc. boosted its holdings in shares of Rubrik by 31.7% in the 3rd quarter. CI Investments Inc. now owns 859 shares of the company’s stock valued at $71,000 after acquiring an additional 207 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of Rubrik by 24.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock worth $94,000 after acquiring an additional 224 shares during the period. Finally, Creative Planning raised its holdings in shares of Rubrik by 5.3% during the second quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after purchasing an additional 236 shares during the last quarter. 49.54% of the stock is currently owned by institutional investors.

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).