Rubrik, Inc. (NYSE:RBRK) Receives Average Rating of “Moderate Buy” from Analysts

Rubrik, Inc. (NYSE:RBRK) has been given an average recommendation of “Moderate Buy” by the twenty-five brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, twenty-two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $104.7368.

RBRK has been the topic of a number of analyst reports. Berenberg Bank began coverage on Rubrik in a research note on Tuesday, November 18th. They issued a “buy” rating and a $114.00 price target on the stock. BMO Capital Markets cut their target price on Rubrik from $110.00 to $105.00 and set an “outperform” rating on the stock in a research report on Friday, December 5th. Citigroup reissued a “buy” rating on shares of Rubrik in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rubrik in a research report on Monday, December 29th. Finally, KeyCorp decreased their price objective on Rubrik from $95.00 to $80.00 and set an “overweight” rating for the company in a report on Tuesday, February 17th.

Rubrik Stock Performance

Shares of RBRK opened at $51.84 on Friday. Rubrik has a 1 year low of $46.36 and a 1 year high of $103.00. The stock has a market capitalization of $10.38 billion, a PE ratio of -26.58 and a beta of 0.31. The company’s 50-day simple moving average is $63.62 and its 200-day simple moving average is $73.90.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The company had revenue of $350.17 million for the quarter, compared to analysts’ expectations of $320.19 million. The firm’s revenue was up 48.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.21) EPS. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. On average, sell-side analysts predict that Rubrik will post -7.66 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Brian K. Mccarthy sold 10,000 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $90.83, for a total transaction of $908,300.00. Following the completion of the sale, the insider directly owned 339,319 shares of the company’s stock, valued at $30,820,344.77. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Arvind Nithrakashyap sold 31,450 shares of Rubrik stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $76.19, for a total transaction of $2,396,175.50. Following the completion of the transaction, the chief technology officer owned 342,703 shares in the company, valued at approximately $26,110,541.57. This trade represents a 8.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 256,887 shares of company stock valued at $19,276,805 in the last quarter. Corporate insiders own 32.38% of the company’s stock.

Hedge Funds Weigh In On Rubrik

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Rubrik by 73.1% during the 2nd quarter. Vanguard Group Inc. now owns 12,022,614 shares of the company’s stock valued at $1,077,106,000 after acquiring an additional 5,077,513 shares during the period. Norges Bank acquired a new stake in shares of Rubrik in the 4th quarter worth approximately $345,907,000. First Trust Advisors LP increased its stake in Rubrik by 42.8% in the 4th quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock valued at $540,259,000 after purchasing an additional 2,116,272 shares in the last quarter. Acadian Asset Management LLC increased its stake in Rubrik by 388.7% in the 2nd quarter. Acadian Asset Management LLC now owns 1,555,252 shares of the company’s stock valued at $139,309,000 after purchasing an additional 1,237,014 shares in the last quarter. Finally, Federated Hermes Inc. raised its holdings in Rubrik by 101.8% during the third quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock worth $200,506,000 after purchasing an additional 1,229,476 shares during the last quarter. 49.54% of the stock is owned by institutional investors and hedge funds.

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).