Rubrik (NYSE:RBRK) Reaches New 1-Year Low – Time to Sell?

Rubrik, Inc. (NYSE:RBRK) reached a new 52-week low on Friday . The company traded as low as $44.11 and last traded at $43.9510, with a volume of 473881 shares. The stock had previously closed at $46.18.

Wall Street Analyst Weigh In

RBRK has been the subject of a number of analyst reports. Rosenblatt Securities cut their price target on Rubrik from $120.00 to $95.00 and set a “buy” rating for the company in a report on Monday, March 9th. Citigroup cut their price target on Rubrik from $115.00 to $88.00 and set a “buy” rating for the company in a report on Monday, March 16th. Robert W. Baird cut their price target on Rubrik from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Friday, March 6th. BMO Capital Markets cut their price target on Rubrik from $105.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, March 13th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $110.00 price target on shares of Rubrik in a report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Rubrik presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.10.

Rubrik Stock Down 5.1%

The stock has a market capitalization of $8.87 billion, a price-to-earnings ratio of -24.77 and a beta of 0.63. The company has a 50 day moving average of $51.90 and a 200 day moving average of $66.88.

Rubrik (NYSE:RBRK) last released its earnings results on Thursday, March 12th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.11) by $0.15. The business had revenue of $377.68 million during the quarter, compared to analyst estimates of $342.43 million. The business’s revenue for the quarter was up 46.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.18) earnings per share. 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, research analysts forecast that Rubrik, Inc. will post -7.66 earnings per share for the current fiscal year.

Insider Transactions at Rubrik

In related news, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $70.88, for a total value of $708,800.00. Following the completion of the transaction, the insider directly owned 330,772 shares in the company, valued at approximately $23,445,119.36. This represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Arvind Nithrakashyap sold 4,648 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $70.40, for a total value of $327,219.20. Following the completion of the transaction, the chief technology officer owned 337,010 shares of the company’s stock, valued at $23,725,504. The trade was a 1.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 238,806 shares of company stock valued at $12,620,003. Corporate insiders own 32.38% of the company’s stock.

Institutional Investors Weigh In On Rubrik

A number of institutional investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC grew its position in Rubrik by 712.4% during the fourth quarter. Hsbc Holdings PLC now owns 110,756 shares of the company’s stock valued at $8,529,000 after acquiring an additional 97,123 shares during the period. Rockefeller Capital Management L.P. grew its position in Rubrik by 31.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 9,166 shares of the company’s stock valued at $701,000 after acquiring an additional 2,193 shares during the period. Fund Advisors of America Inc FL purchased a new stake in Rubrik during the fourth quarter valued at about $223,000. Corient Private Wealth LLC purchased a new stake in Rubrik during the fourth quarter valued at about $5,896,000. Finally, Pacer Advisors Inc. grew its position in Rubrik by 104.8% during the fourth quarter. Pacer Advisors Inc. now owns 14,033 shares of the company’s stock valued at $1,073,000 after acquiring an additional 7,181 shares during the period. Hedge funds and other institutional investors own 49.54% of the company’s stock.

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).