William Blair Weighs in on Rubrik’s Q3 Earnings (NYSE:RBRK)

Rubrik, Inc. (NYSE:RBRK) – Analysts at William Blair lifted their Q3 2026 earnings per share (EPS) estimates for shares of Rubrik in a research report issued to clients and investors on Wednesday, September 10th. William Blair analyst J. Ader now anticipates that the company will post earnings of ($0.62) per share for the quarter, up from their prior forecast of ($0.72). The consensus estimate for Rubrik’s current full-year earnings is ($7.66) per share. William Blair also issued estimates for Rubrik’s Q4 2026 earnings at ($0.57) EPS, FY2026 earnings at ($2.20) EPS, Q1 2027 earnings at ($0.51) EPS, Q2 2027 earnings at ($0.52) EPS, Q3 2027 earnings at ($0.44) EPS, Q4 2027 earnings at ($0.41) EPS and FY2027 earnings at ($1.90) EPS.

A number of other equities research analysts have also weighed in on the stock. UBS Group reiterated a “buy” rating on shares of Rubrik in a research note on Friday, June 6th. KeyCorp boosted their target price on shares of Rubrik from $113.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday. Wells Fargo & Company boosted their target price on shares of Rubrik from $80.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, June 6th. Truist Financial boosted their target price on shares of Rubrik from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, June 6th. Finally, Oppenheimer restated a “market perform” rating on shares of Rubrik in a research note on Friday, June 6th. Sixteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Rubrik has an average rating of “Moderate Buy” and an average price target of $104.38.

Rubrik Trading Down 4.5%

Shares of RBRK opened at $74.39 on Monday. The firm has a market cap of $14.39 billion, a PE ratio of -31.79 and a beta of 0.44. The firm has a fifty day simple moving average of $87.58 and a two-hundred day simple moving average of $79.68. Rubrik has a 1-year low of $30.09 and a 1-year high of $103.00.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Tuesday, September 9th. The company reported ($0.49) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.15). The company had revenue of $309.86 million for the quarter, compared to the consensus estimate of $282.26 million. During the same period in the prior year, the firm posted ($0.40) EPS. The firm’s revenue was up 44.9% compared to the same quarter last year. Rubrik has set its Q3 2026 guidance at -0.180–0.160 EPS. FY 2026 guidance at -0.500–0.440 EPS.

Insider Buying and Selling at Rubrik

In other Rubrik news, Director Enrique T. Salem sold 21,924 shares of the stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $89.78, for a total transaction of $1,968,336.72. Following the completion of the transaction, the director owned 6,937 shares of the company’s stock, valued at $622,803.86. This represents a 75.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ravi Mhatre sold 16,984 shares of the stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $89.47, for a total transaction of $1,519,558.48. Following the completion of the transaction, the director directly owned 81,842 shares of the company’s stock, valued at approximately $7,322,403.74. The trade was a 17.19% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 210,586 shares of company stock worth $18,542,628. Insiders own 32.38% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its holdings in shares of Rubrik by 12.0% in the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock valued at $125,000 after acquiring an additional 150 shares during the last quarter. Creative Planning lifted its holdings in shares of Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after acquiring an additional 236 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Rubrik by 68.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock valued at $53,000 after acquiring an additional 239 shares during the last quarter. Amundi lifted its holdings in shares of Rubrik by 0.7% in the 1st quarter. Amundi now owns 37,116 shares of the company’s stock valued at $2,132,000 after acquiring an additional 262 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Rubrik by 1,030.8% in the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock valued at $26,000 after acquiring an additional 268 shares during the last quarter. Institutional investors own 49.54% of the company’s stock.

About Rubrik

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.