Rubrik (NYSE:RBRK) Issues FY 2026 Earnings Guidance

Rubrik (NYSE:RBRKGet Free Report) updated its FY 2026 earnings guidance on Thursday. 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.

Rubrik Trading Down 3.4 %

NYSE RBRK opened at $55.19 on Friday. Rubrik has a twelve month low of $28.34 and a twelve month high of $80.00. The firm has a 50-day simple moving average of $68.42 and a 200 day simple moving average of $53.26.

Rubrik (NYSE:RBRKGet Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported ($0.61) EPS for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.22). The business had revenue of $258.10 million during the quarter, compared to the consensus estimate of $233.13 million. The company’s revenue for the quarter was up 47.5% on a year-over-year basis. During the same period in the prior year, the company earned ($1.59) EPS. As a group, sell-side analysts expect that Rubrik will post -7.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on RBRK. William Blair began coverage on shares of Rubrik in a research note on Friday, February 7th. They issued a “market perform” rating for the company. Cantor Fitzgerald upped their target price on shares of Rubrik from $58.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Barclays lifted their price objective on Rubrik from $51.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Piper Sandler increased their target price on Rubrik from $72.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, December 19th. Finally, Mizuho boosted their price target on Rubrik from $75.00 to $82.00 and gave the company an “outperform” rating in a research note on Tuesday, December 17th. Two equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Rubrik currently has a consensus rating of “Buy” and a consensus price target of $66.72.

Check Out Our Latest Analysis on Rubrik

Insider Activity at Rubrik

In other Rubrik news, CFO Kiran Kumar Choudary sold 3,973 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $72.34, for a total transaction of $287,406.82. Following the transaction, the chief financial officer now owns 345,374 shares in the company, valued at approximately $24,984,355.16. This trade represents a 1.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CRO Brian K. Mccarthy sold 25,000 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $67.06, for a total transaction of $1,676,500.00. Following the completion of the sale, the executive now owns 321,560 shares in the company, valued at $21,563,813.60. This represents a 7.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 625,712 shares of company stock worth $41,583,311 over the last ninety days.

Rubrik Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates for Rubrik (NYSE:RBRK)

Receive News & Ratings for Rubrik Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rubrik and related companies with MarketBeat.com's FREE daily email newsletter.