Rubrik (NYSE:RBRK) Issues FY 2027 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.470-0.530 for the period, compared to the consensus estimate of 0.030. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion. Rubrik also updated its Q3 2027 guidance to 0.070-0.090 EPS.

Analysts Set New Price Targets

A number of research firms have issued reports on RBRK. Robert W. Baird increased their target price on shares of Rubrik from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, June 11th. KeyCorp increased their target price on Rubrik from $100.00 to $112.00 and gave the company an “overweight” rating in a research note on Friday, August 21st. BMO Capital Markets lifted their target price on Rubrik from $87.00 to $98.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Oppenheimer set a $120.00 price objective on shares of Rubrik in a research note on Thursday, August 20th. Finally, Barclays increased their price target on Rubrik from $90.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $104.56.

Rubrik Price Performance

Shares of RBRK stock opened at $107.17 on Friday. Rubrik has a one year low of $42.25 and a one year high of $107.91. The stock has a market cap of $22.06 billion, a P/E ratio of -73.91 and a beta of 1.17. The company has a fifty day moving average price of $84.48 and a two-hundred day moving average price of $67.25.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.16. The business had revenue of $427.26 million during the quarter, compared to the consensus estimate of $396.30 million. During the same quarter in the prior year, the company earned ($0.03) EPS. Rubrik’s quarterly revenue 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. As a group, equities research analysts anticipate that Rubrik will post -1.13 EPS for the current fiscal year.

Insider Activity at Rubrik

In related news, CFO Kiran Kumar Choudary sold 10,000 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $98.32, for a total transaction of $983,200.00. Following the sale, the chief financial officer owned 978,073 shares of the company’s stock, valued at $96,164,137.36. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ravi Mhatre sold 3,979 shares of Rubrik stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $83.10, for a total value of $330,654.90. Following the completion of the transaction, the director owned 125,351 shares in the company, valued at approximately $10,416,668.10. This represents a 3.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 324,844 shares of company stock valued at $27,172,526. 13.66% of the stock is currently owned by insiders.

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Results significantly exceeded expectations. Rubrik reported adjusted EPS of $0.20 versus the $0.04 analyst consensus, while revenue rose 43.9% year over year to $427.26 million, ahead of the $396.30 million estimate. The quarter also marked an improvement from a $0.03 per-share loss a year earlier. Rubrik Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management issued guidance well above Wall Street forecasts. Fiscal 2027 EPS guidance is $0.47–$0.53 versus consensus of $0.03, with revenue guidance of approximately $1.7 billion versus $1.6 billion expected. Third-quarter EPS guidance of $0.07–$0.09 and revenue guidance of $429–$431 million also exceed consensus estimates. Rubrik Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Analyst sentiment remains supportive. Rosenblatt Securities raised its price target from $95 to $105 and maintained a Buy rating, while reports also cited bullish expectations from Scotiabank. Rosenblatt Raises Rubrik Price Target
• Neutral Sentiment: Rubrik expanded its board from eight to nine directors by appointing Rakefet Russak-Aminoach. The addition may strengthen the company’s strategic and technology oversight but is unlikely to materially affect near-term results. Rubrik Appoints Rakefet Russak-Aminoach
• Negative Sentiment: The stock’s reaction has been volatile despite the strong report. Some coverage described a decline after earnings, suggesting investors may have been taking profits or demanding an even stronger outlook. With RBRK near its 52-week high and trading at a substantial growth-stock valuation, expectations are elevated and further gains may require continued execution. Rubrik Tumbles Despite Strong Q2 Results and Guidance

Institutional Trading of Rubrik

A number of large investors have recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new stake in shares of Rubrik during the fourth quarter worth approximately $33,000. Banque Cantonale Vaudoise bought a new stake in shares of Rubrik during the 3rd quarter worth $34,000. Los Angeles Capital Management LLC acquired a new position in shares of Rubrik during the fourth quarter worth approximately $35,000. Comerica Bank lifted its position in shares of Rubrik by 209.0% in the 1st quarter. Comerica Bank now owns 584 shares of the company’s stock worth $36,000 after acquiring an additional 395 shares during the period. Finally, Advocate Investing Services LLC bought a new position in shares of Rubrik during the 4th quarter worth approximately $38,000. Institutional investors own 49.54% of the company’s stock.

Rubrik Company Profile

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).