Rubrik (NYSE:RBRK) Earns Overweight Rating from Piper Sandler

Rubrik (NYSE:RBRK)‘s stock had its “overweight” rating reiterated by equities research analysts at Piper Sandler in a report issued on Friday,Benzinga reports. They presently have a $84.00 price target on the stock, down from their prior price target of $99.00. Piper Sandler’s target price points to a potential upside of 57.44% from the stock’s current price.

A number of other brokerages also recently weighed in on RBRK. Truist Financial cut their price objective on Rubrik from $110.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Robert W. Baird decreased their target price on Rubrik from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. Wells Fargo & Company lowered their price target on Rubrik from $125.00 to $90.00 and set an “overweight” rating on the stock in a report on Friday. The Goldman Sachs Group dropped their price target on shares of Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Finally, KeyCorp reduced their price objective on shares of Rubrik from $95.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Rubrik currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.89.

Rubrik Price Performance

Rubrik stock opened at $53.35 on Friday. Rubrik has a one year low of $46.36 and a one year high of $103.00. The company’s fifty day moving average price is $59.14 and its two-hundred day moving average price is $71.76. The company has a market capitalization of $10.68 billion, a price-to-earnings ratio of -30.14 and a beta of 0.45.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.15. The company had revenue of $377.68 million during the quarter, compared to analyst estimates of $342.43 million. Rubrik’s quarterly revenue was up 46.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.18) EPS. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. As a group, sell-side analysts anticipate that Rubrik will post -7.66 earnings per share for the current year.

Insider Buying and Selling at Rubrik

In related news, CFO Kiran Kumar Choudary sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $54.17, for a total value of $1,083,400.00. Following the sale, the chief financial officer owned 474,959 shares of the company’s stock, valued at $25,728,529.03. The trade was a 4.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CTO Arvind Nithrakashyap sold 4,648 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $70.40, for a total transaction of $327,219.20. Following the completion of the transaction, the chief technology officer directly owned 337,010 shares of the company’s stock, valued at $23,725,504. This trade represents a 1.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 146,219 shares of company stock valued at $9,834,982 in the last 90 days. Insiders own 32.38% of the company’s stock.

Hedge Funds Weigh In On Rubrik

A number of hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC raised its position in 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 purchasing an additional 150 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in shares of Rubrik by 100.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after acquiring an additional 200 shares during the last quarter. CI Investments Inc. lifted its stake in shares of Rubrik by 31.7% during the third quarter. CI Investments Inc. now owns 859 shares of the company’s stock valued at $71,000 after acquiring an additional 207 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Rubrik by 24.3% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock valued at $94,000 after acquiring an additional 224 shares during the period. Finally, Creative Planning boosted its holdings in Rubrik by 5.3% in the second 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. 49.54% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 beat and raised guidance — Rubrik posted $0.04 adj. EPS (vs. a loss expected) and revenue of $377.7M (+46% YoY), and issued Q1 and FY‑2027 guidance well above Street expectations, which underpins the company’s growth narrative and drove initial upside. Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Subscription ARR and execution highlighted — Management called out record subscription ARR growth and improved free‑cash metrics, reinforcing the recurring‑revenue story and the company’s positioning around AI/data resilience. Rubrik Inc (RBRK) Q4 2026 Earnings Call Highlights
• Positive Sentiment: Call‑buyers showing conviction — Unusual options activity (large call purchases) suggests some traders are betting on further upside post‑earnings, adding a tactical bullish signal to intraday flows.
• Neutral Sentiment: Mixed analyst posture — Several firms reaffirmed buy/overweight ratings even as they’d trimmed targets (e.g., Piper Sandler reaffirmed overweight with a lower $84 PT). Ratings support the growth case but reduced PTs reflect more cautious near‑term expectations. Piper Sandler Reaffirms Overweight on Rubrik
• Negative Sentiment: Multiple price‑target cuts — BMO, Wedbush and Wells Fargo cut PTs (to $70, $90 and $90 respectively) despite maintaining outperform/overweight stances; those trims cap upside in the near term and signal caution on valuation/timing. Analyst Price Target Moves
• Negative Sentiment: Soft software market and profit‑taking — Commentary notes that even strong results can be muted when the broader software/tech group is weak; that dynamic, plus short‑term traders locking gains after a big run, helps explain the stock’s pullback. Rubrik posts strong Q4, but ‘rarified air’ isn’t enough to lift shares

About Rubrik

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).