BMO Capital Markets Lowers Rubrik (NYSE:RBRK) Price Target to $70.00

Rubrik (NYSE:RBRK) had its target price lowered by investment analysts at BMO Capital Markets from $105.00 to $70.00 in a report released on Friday, Marketbeat.com reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 31.20% from the stock’s current price.

Several other equities research analysts also recently commented on the stock. Wedbush reissued an “outperform” rating and set a $120.00 target price on shares of Rubrik in a research report on Friday, December 5th. Barclays cut their price target on Rubrik from $100.00 to $70.00 and set an “overweight” rating for the company in a research note on Tuesday, March 3rd. Robert W. Baird decreased their price objective on Rubrik from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Friday, March 6th. DA Davidson began coverage on Rubrik in a research note on Monday, February 23rd. They issued a “buy” rating and a $65.00 price objective for the company. Finally, Rosenblatt Securities dropped their target price on Rubrik from $120.00 to $95.00 and set a “buy” rating on the stock in a report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $92.89.

Rubrik Trading Down 1.2%

NYSE RBRK opened at $53.35 on Friday. The company has a market cap of $10.68 billion, a P/E ratio of -30.14 and a beta of 0.45. The company has a fifty day simple moving average of $59.14 and a 200 day simple moving average of $71.76. Rubrik has a 12-month low of $46.36 and a 12-month high of $103.00.

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

Insider Activity

In other Rubrik news, Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $53.62, for a total value of $589,820.00. Following the sale, the director owned 4,653 shares of the company’s stock, valued at approximately $249,493.86. The trade was a 70.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brian K. Mccarthy sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $70.88, for a total transaction of $708,800.00. Following the sale, the insider owned 330,772 shares of the company’s stock, valued at approximately $23,445,119.36. The trade was a 2.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 146,219 shares of company stock valued at $9,834,982. 32.38% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Rubrik by 12.9% during the fourth quarter. Vanguard Group Inc. now owns 14,694,503 shares of the company’s stock valued at $1,123,836,000 after purchasing an additional 1,678,255 shares during the last quarter. First Trust Advisors LP raised its position in shares of Rubrik by 42.8% in the fourth 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 during the period. Norges Bank bought a new stake in shares of Rubrik in the fourth quarter valued at approximately $345,907,000. Voya Investment Management LLC lifted its stake in shares of Rubrik by 18.0% during the 3rd quarter. Voya Investment Management LLC now owns 3,569,026 shares of the company’s stock valued at $293,552,000 after buying an additional 543,855 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Rubrik by 7.6% during the 4th quarter. Geode Capital Management LLC now owns 2,528,649 shares of the company’s stock valued at $193,433,000 after buying an additional 178,714 shares in the last quarter. Hedge funds and other institutional investors own 49.54% of the company’s stock.

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).