Wells Fargo & Company Lowers Rubrik (NYSE:RBRK) Price Target to $90.00

Rubrik (NYSE:RBRK) had its target price dropped by investment analysts at Wells Fargo & Company from $125.00 to $90.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 68.69% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Truist Financial cut their target price on shares of Rubrik from $110.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Oppenheimer began coverage on shares of Rubrik in a research note on Monday, November 17th. They issued a “market perform” rating on the stock. Rosenblatt Securities dropped their price objective on shares of Rubrik from $120.00 to $95.00 and set a “buy” rating for the company in a report on Monday, March 9th. Cantor Fitzgerald cut their price objective on Rubrik from $105.00 to $85.00 and set an “overweight” rating for the company in a research report on Monday, March 9th. Finally, UBS Group reiterated a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Rubrik presently has a consensus rating of “Moderate Buy” and an average price target of $92.89.

Rubrik Price Performance

RBRK stock opened at $53.35 on Friday. Rubrik has a 1-year low of $46.36 and a 1-year high of $103.00. The company has a market capitalization of $10.68 billion, a price-to-earnings ratio of -30.14 and a beta of 0.45. The business has a 50 day simple moving average of $59.14 and a two-hundred day simple moving average of $71.76.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.15. The company had revenue of $377.68 million for the quarter, compared to the consensus estimate of $342.43 million. During the same quarter in the previous year, the business earned ($0.18) EPS. The company’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 anticipate that Rubrik will post -7.66 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director John Wendell Thompson sold 11,000 shares of the stock in a transaction on 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. This represents a 70.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Arvind Nithrakashyap sold 4,648 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $70.40, for a total transaction of $327,219.20. Following the transaction, the chief technology officer owned 337,010 shares in the company, valued at $23,725,504. The trade was a 1.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 146,219 shares of company stock worth $9,834,982. 32.38% of the stock is currently owned by corporate insiders.

Institutional Trading of Rubrik

Institutional investors have recently added to or reduced their stakes in the company. Fund Advisors of America Inc FL bought a new position in shares of Rubrik during the fourth quarter valued at approximately $223,000. Corient Private Wealth LLC bought a new stake in shares of Rubrik during the 4th quarter worth approximately $5,896,000. Hsbc Holdings PLC boosted its holdings in Rubrik by 712.4% during the 4th 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. Pacer Advisors Inc. boosted its holdings in Rubrik by 104.8% during the 4th 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. Finally, Virtu Financial LLC bought a new position in Rubrik in the 4th quarter valued at $2,516,000. Institutional investors own 49.54% of the company’s stock.

More Rubrik News

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).