Rubrik (NYSE:RBRK) Issues FY 2027 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.070-0.270 for the period, compared to the consensus EPS estimate of -0.610. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. Rubrik also updated its Q1 2027 guidance to -0.040–0.020 EPS.

Wall Street Analyst Weigh In

Several research firms have recently commented on RBRK. Weiss Ratings reissued a “sell (d-)” rating on shares of Rubrik in a report on Monday, December 29th. Rosenblatt Securities dropped their price target on shares of Rubrik from $120.00 to $95.00 and set a “buy” rating for the company in a research note on Monday. Guggenheim set a $110.00 price target on shares of Rubrik in a report on Friday, December 5th. Robert W. Baird decreased their target price on Rubrik from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. Finally, Citigroup reissued a “buy” rating on shares of Rubrik in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Rubrik has an average rating of “Moderate Buy” and a consensus price target of $98.68.

Rubrik Price Performance

NYSE RBRK traded down $3.09 during trading hours on Thursday, reaching $54.43. The company’s stock had a trading volume of 7,994,104 shares, compared to its average volume of 3,789,236. Rubrik has a 1-year low of $46.36 and a 1-year high of $103.00. The firm has a market capitalization of $10.89 billion, a price-to-earnings ratio of -27.91 and a beta of 0.45. The company’s 50-day moving average is $60.02 and its two-hundred day moving average is $72.22.

Insider Buying and Selling

In other Rubrik news, CTO Arvind Nithrakashyap sold 4,648 shares of Rubrik stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $70.40, for a total transaction of $327,219.20. Following the completion of the sale, the chief technology officer directly owned 337,010 shares in the company, valued at $23,725,504. This trade represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kiran Kumar Choudary sold 20,000 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $54.17, for a total value of $1,083,400.00. Following the transaction, the chief financial officer owned 474,959 shares of the company’s stock, valued at approximately $25,728,529.03. This represents a 4.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 247,878 shares of company stock valued at $18,152,721 over the last ninety days. 32.38% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RBRK. First Trust Advisors LP boosted its stake in Rubrik by 42.8% in the fourth quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock valued at $540,259,000 after acquiring an additional 2,116,272 shares in the last quarter. AQR Capital Management LLC acquired a new position in Rubrik during the third quarter worth about $97,828,000. State Street Corp grew its position in shares of Rubrik by 139.7% in the second quarter. State Street Corp now owns 1,771,475 shares of the company’s stock valued at $158,706,000 after purchasing an additional 1,032,497 shares during the last quarter. Invesco Ltd. raised its stake in Rubrik by 364.8% in the 3rd quarter. Invesco Ltd. now owns 1,074,025 shares of the company’s stock valued at $88,339,000 after purchasing an additional 842,939 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Rubrik in the second quarter valued at $61,969,000. 49.54% of the stock is owned by institutional investors and hedge funds.

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).