Wedbush Lowers Rubrik (NYSE:RBRK) Price Target to $90.00

Rubrik (NYSE:RBRK) had its price target lowered by equities researchers at Wedbush from $120.00 to $90.00 in a report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Wedbush’s target price points to a potential upside of 69.56% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the company. BMO Capital Markets reduced their target price on Rubrik from $105.00 to $70.00 and set an “outperform” rating on the stock in a report on Friday. William Blair upgraded Rubrik from a “market perform” rating to an “outperform” rating in a research report on Friday, December 5th. Oppenheimer began coverage on shares of Rubrik in a report on Monday, November 17th. They issued a “market perform” rating for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a report on Monday, December 29th. Finally, Berenberg Bank started coverage on shares of Rubrik in a research note on Tuesday, November 18th. They set a “buy” rating and a $114.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Rubrik has a consensus rating of “Moderate Buy” and an average target price of $93.68.

Rubrik Stock Performance

Shares of NYSE RBRK traded down $0.94 during midday trading on Friday, hitting $53.08. 4,266,252 shares of the stock traded hands, compared to its average volume of 3,862,708. The firm has a market capitalization of $10.62 billion, a P/E ratio of -27.22 and a beta of 0.45. The firm has a 50-day moving average of $59.58 and a two-hundred day moving average of $72.10. Rubrik has a one year low of $46.36 and a one year high of $103.00.

Rubrik (NYSE:RBRK) last issued its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.15. The business had revenue of $377.68 million for the quarter, compared to the consensus estimate of $342.43 million. The company’s revenue was up 46.3% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.18) EPS. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. Equities 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 Rubrik stock in a transaction on Monday, January 12th. The stock was sold at an average price of $70.88, for a total transaction of $708,800.00. Following the completion of the sale, the insider directly owned 330,772 shares of the company’s stock, valued at $23,445,119.36. The trade was a 2.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John Wendell Thompson sold 11,000 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $73.84, for a total value of $812,240.00. Following the completion of the sale, the director owned 2,702 shares of the company’s stock, valued at $199,515.68. This represents a 80.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 146,219 shares of company stock valued at $9,834,982. Company insiders own 32.38% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RBRK. Vanguard Group Inc. lifted its position in shares of Rubrik by 73.1% in the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock worth $1,077,106,000 after purchasing an additional 5,077,513 shares during the period. Norges Bank purchased a new position in Rubrik during the fourth quarter valued at approximately $345,907,000. First Trust Advisors LP raised 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 worth $540,259,000 after buying an additional 2,116,272 shares in the last quarter. Federated Hermes Inc. lifted its holdings in Rubrik by 101.8% during the third quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock worth $200,506,000 after buying an additional 1,229,476 shares during the period. Finally, AQR Capital Management LLC bought a new stake in Rubrik during the 3rd quarter valued at $97,828,000. Hedge funds and other institutional investors own 49.54% of the company’s stock.

More Rubrik News

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 results beat consensus: Rubrik reported adjusted EPS of $0.04 (vs. consensus loss) and revenue of $377.7M, up ~46% year‑over‑year — a clear operational beat that supports upside to the shares. Proactive: Rubrik delivers fourth quarter earnings beat, guidance above expectations
• Positive Sentiment: Strong FY‑2027 guidance: Management issued FY‑27 EPS guidance of $0.07–$0.27 and Q1 EPS guide of ‑$0.04 to ‑$0.02, both well above prior consensus (and Q1 revenue guidance above estimates) — this shift toward fiscal‑year profitability is driving bullish reappraisal. Business Wire: Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Analyst and research support: Recent analyst commentary (including a Baird revisit and bullish write‑ups highlighting Rubrik’s role in AI/data resilience) is reinforcing the buy case among investors focused on durable subscription ARR growth. TipRanks: Buy rating and analyst note Seeking Alpha: High Growth Rates And AI Resilience
• Neutral Sentiment: Supplementary disclosures: The company posted an earnings call transcript, slide deck and press release for the quarter — useful for investors digging into unit economics, ARR trends and margin cadence. Conference materials
• Positive Sentiment: Unusual options activity: Heavy call buying was observed around the print, which can amplify intraday upside as traders position for further rallies (short‑term positive flow). (Market activity noted on the print day.)
• Negative Sentiment: Technical/valuation headwinds and volatility: RBRK has seen a sizable YTD pullback from its prior highs and remains below key moving averages, so some of the post‑earnings advance was met by profit‑taking and technical selling pressure — this can mute sustained upside despite the beat. Seeking Alpha: context on recent selloff

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).