Rubrik (NYSE:RBRK) Releases FY 2027 Earnings Guidance

Rubrik (NYSE:RBRK) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.250-0.350 for the period, compared to the consensus estimate of -0.150. 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 Q2 2027 guidance to 0.030-0.050 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have commented on RBRK. Robert W. Baird decreased their price objective on shares of Rubrik from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, March 6th. Cantor Fitzgerald restated an “overweight” rating on shares of Rubrik in a research note on Monday. Rosenblatt Securities restated a “buy” rating and set a $90.00 price objective on shares of Rubrik in a research note on Monday. DA Davidson set a $70.00 price objective on shares of Rubrik in a research note on Friday, March 13th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Rubrik has a consensus rating of “Moderate Buy” and an average price target of $85.12.

Rubrik Trading Down 3.1%

RBRK traded down $2.44 on Thursday, reaching $77.02. The stock had a trading volume of 8,072,861 shares, compared to its average volume of 3,877,922. Rubrik has a 12-month low of $42.25 and a 12-month high of $103.00. The business’s 50-day moving average price is $57.70 and its two-hundred day moving average price is $62.50. The company has a market cap of $15.58 billion, a P/E ratio of -43.52 and a beta of 1.10.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, June 4th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The firm had revenue of $387.07 million during the quarter, compared to analysts’ expectations of $366.31 million. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. As a group, analysts predict that Rubrik will post -1.45 earnings per share for the current year.

Insider Activity at Rubrik

In related news, Director John Wendell Thompson sold 2,500 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $84.51, for a total value of $211,275.00. Following the completion of the sale, the director owned 15,000 shares of the company’s stock, valued at approximately $1,267,650. The trade was a 14.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Arvind Nithrakashyap sold 12,820 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $82.16, for a total transaction of $1,053,291.20. Following the completion of the sale, the chief technology officer directly owned 314,048 shares of the company’s stock, valued at approximately $25,802,183.68. The trade was a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 398,939 shares of company stock worth $27,628,167 in the last quarter. 13.66% of the stock is owned by insiders.

Key Stories Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Negative Sentiment: CTO Arvind Nithrakashyap disclosed two large share sales totaling more than 212,000 shares in early June, which can weigh on sentiment even though both trades were made under a pre-arranged 10b5-1 plan. SEC filing for Arvind Nithrakashyap sale
• Negative Sentiment: Director John Wendell Thompson also sold shares, adding to the perception that insiders may be taking profits after Rubrik’s strong run. SEC filing for John Wendell Thompson sale
• Negative Sentiment: Director Yvonne Wassenaar disclosed another sale, reinforcing the near-term insider-selling overhang on RBRK. SEC filing for Yvonne Wassenaar sale

Institutional Investors Weigh In On Rubrik

Several institutional investors and hedge funds have recently added to or reduced their stakes in RBRK. NewEdge Advisors LLC grew its holdings in shares of Rubrik by 12.0% during the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after buying an additional 150 shares in the last quarter. Creative Planning grew 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 buying an additional 236 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Rubrik by 1.1% during the second quarter. The Manufacturers Life Insurance Company now owns 27,113 shares of the company’s stock worth $2,429,000 after buying an additional 305 shares in the last quarter. Wilmington Savings Fund Society FSB grew its holdings in shares of Rubrik by 103.0% during the third quarter. Wilmington Savings Fund Society FSB now owns 666 shares of the company’s stock worth $55,000 after buying an additional 338 shares in the last quarter. Finally, Comerica Bank grew its holdings in shares of Rubrik by 209.0% during the first quarter. Comerica Bank now owns 584 shares of the company’s stock worth $36,000 after buying an additional 395 shares in the last quarter. Hedge funds and other institutional investors own 49.54% of the company’s stock.

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).