Wedbush Issues Pessimistic Forecast for Rubrik (NYSE:RBRK) Stock Price

Rubrik (NYSE:RBRK) had its price target cut by stock analysts at Wedbush from $120.00 to $90.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Wedbush’s price objective would indicate a potential upside of 68.69% from the company’s previous close.

Several other brokerages also recently issued reports on RBRK. William Blair raised shares of Rubrik from a “market perform” rating to an “outperform” rating in a research note on Friday, December 5th. Citigroup reaffirmed a “buy” rating on shares of Rubrik in a research report on Monday, January 12th. Cantor Fitzgerald lowered their price target on Rubrik from $105.00 to $85.00 and set an “overweight” rating on the stock in a report on Monday, March 9th. DA Davidson began coverage on Rubrik in a research report on Monday, February 23rd. They set a “buy” rating and a $65.00 price target on the stock. Finally, Barclays reduced their price objective on Rubrik from $100.00 to $70.00 and set an “overweight” rating for the company in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $92.89.

Rubrik Price Performance

Rubrik stock opened at $53.35 on Friday. The firm’s 50 day simple moving average is $59.14 and its 200-day simple moving average is $71.76. The company has a market cap of $10.68 billion, a P/E ratio of -30.14 and a beta of 0.45. Rubrik has a fifty-two week low of $46.36 and a fifty-two week high of $103.00.

Rubrik (NYSE:RBRK) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.15. The firm had revenue of $377.68 million for the quarter, compared to analyst estimates of $342.43 million. The firm’s revenue was up 46.3% compared to the same quarter last year. During the same quarter 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. On average, analysts expect that Rubrik will post -7.66 EPS for the current fiscal year.

Insider Buying and Selling at Rubrik

In other news, CFO Kiran Kumar Choudary sold 20,000 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $67.66, for a total transaction of $1,353,200.00. Following the transaction, the chief financial officer owned 489,959 shares in the company, valued at $33,150,625.94. This represents a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John Wendell Thompson sold 11,000 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $73.84, for a total transaction of $812,240.00. Following the transaction, the director owned 2,702 shares in the company, valued at approximately $199,515.68. This trade represents a 80.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 146,219 shares of company stock worth $9,834,982 in the last ninety days. Insiders own 32.38% of the company’s stock.

Institutional Investors Weigh In On Rubrik

A number of large investors have recently bought and sold shares of the business. Strs Ohio raised its stake in shares of Rubrik by 90.8% in the 3rd quarter. Strs Ohio now owns 62,300 shares of the company’s stock valued at $5,124,000 after acquiring an additional 29,649 shares in the last quarter. WCM Investment Management LLC acquired a new stake in Rubrik in the 3rd quarter worth approximately $4,717,000. ARK Investment Management LLC boosted its position in Rubrik by 21.1% during the third quarter. ARK Investment Management LLC now owns 319,112 shares of the company’s stock worth $26,247,000 after purchasing an additional 55,500 shares during the period. Citigroup Inc. grew its holdings in Rubrik by 210.2% during the third quarter. Citigroup Inc. now owns 104,041 shares of the company’s stock valued at $8,557,000 after purchasing an additional 70,504 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its holdings in Rubrik by 471.4% during the third quarter. TD Waterhouse Canada Inc. now owns 50,614 shares of the company’s stock valued at $4,181,000 after purchasing an additional 41,756 shares during the last quarter. 49.54% of the stock is currently owned by institutional investors.

Trending Headlines about 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).