Rubrik (NYSE:RBRK – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of -1.230–1.130 for the period, compared to the consensus earnings per share estimate of -1.250. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Rubrik also updated its FY26 guidance to $(1.23)-$(1.13) EPS.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the stock. Guggenheim restated a “buy” rating and issued a $76.00 price objective on shares of Rubrik in a research report on Wednesday, February 26th. BMO Capital Markets raised their price target on Rubrik from $38.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Cantor Fitzgerald upped their price objective on Rubrik from $58.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. KeyCorp boosted their target price on shares of Rubrik from $75.00 to $87.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. Finally, Citigroup increased their price target on shares of Rubrik from $75.00 to $85.00 and gave the company a “buy” rating in a report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $66.72.
Read Our Latest Report on RBRK
Rubrik Stock Down 3.4 %
Insider Buying and Selling at Rubrik
In other news, CTO Arvind Nithrakashyap sold 32,484 shares of Rubrik stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $61.59, for a total value of $2,000,689.56. Following the completion of the sale, the chief technology officer now owns 219,279 shares of the company’s stock, valued at $13,505,393.61. The trade was a 12.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Yvonne Wassenaar sold 2,500 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $77.31, for a total transaction of $193,275.00. Following the transaction, the director now owns 153 shares in the company, valued at approximately $11,828.43. The trade was a 94.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 625,712 shares of company stock worth $41,583,311.
Rubrik Company Profile
Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.
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