Rubrik, Inc. (NYSE:RBRK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Rubrik, Inc. (NYSE:RBRK) have received an average recommendation of “Moderate Buy” from the twenty-five brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $104.7368.

A number of equities research analysts recently issued reports on RBRK shares. Wedbush reaffirmed an “outperform” rating and issued a $120.00 target price on shares of Rubrik in a research note on Friday, December 5th. Oppenheimer started coverage on Rubrik in a research report on Monday, November 17th. They set a “market perform” rating for the company. Berenberg Bank initiated coverage on Rubrik in a research report on Tuesday, November 18th. They issued a “buy” rating and a $114.00 price objective on the stock. BMO Capital Markets decreased their price objective on Rubrik from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Friday, December 5th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a research report on Monday, December 29th.

Rubrik Stock Down 4.6%

Rubrik stock opened at $51.84 on Friday. The firm has a market capitalization of $10.38 billion, a PE ratio of -26.58 and a beta of 0.31. Rubrik has a 52 week low of $46.36 and a 52 week high of $103.00. The firm’s 50-day simple moving average is $63.62 and its 200 day simple moving average is $73.90.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to analyst estimates of $320.19 million. During the same quarter in the previous year, the firm posted ($0.21) EPS. The business’s revenue was up 48.3% on a year-over-year basis. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. On average, research analysts expect that Rubrik will post -7.66 EPS for the current fiscal year.

Insider Activity

In related news, CFO Kiran Kumar Choudary sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $54.17, for a total transaction of $1,083,400.00. Following the sale, the chief financial officer owned 474,959 shares in the company, valued at approximately $25,728,529.03. This trade represents a 4.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian K. Mccarthy sold 10,000 shares of Rubrik 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 completion of the sale, the insider directly owned 330,772 shares of the company’s stock, valued at $23,445,119.36. The trade was a 2.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 256,887 shares of company stock valued at $19,276,805. 32.38% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Rubrik

Several hedge funds have recently made changes to their positions in RBRK. NewEdge Advisors LLC grew its position in shares of Rubrik by 12.0% during the second quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after buying an additional 150 shares in the last quarter. Atlantic Union Bankshares Corp boosted its stake in Rubrik by 100.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares during the last quarter. CI Investments Inc. grew its holdings in Rubrik by 31.7% during the 3rd quarter. CI Investments Inc. now owns 859 shares of the company’s stock worth $71,000 after acquiring an additional 207 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in Rubrik by 24.3% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock worth $94,000 after acquiring an additional 224 shares in the last quarter. Finally, Creative Planning increased its position in shares of Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after purchasing an additional 236 shares during the last quarter. Institutional investors and hedge funds 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).