Rubrik (NYSE:RBRK) Price Target Raised to $87.00 at BMO Capital Markets

Rubrik (NYSE:RBRK) had its price objective raised by BMO Capital Markets from $73.00 to $87.00 in a research note published on Friday, Marketbeat Ratings reports. BMO Capital Markets currently has an outperform rating on the stock.

A number of other equities research analysts also recently weighed in on RBRK. Scotiabank set a $70.00 target price on Rubrik and gave the stock a “sector outperform” rating in a research report on Monday, April 20th. Truist Financial reissued a “buy” rating and set a $90.00 target price (up from $80.00) on shares of Rubrik in a research report on Friday. The Goldman Sachs Group decreased their target price on Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. UBS Group reissued a “buy” rating on shares of Rubrik in a research report on Monday. Finally, Mizuho decreased their target price on Rubrik from $97.00 to $80.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. Twenty-eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $93.00.

Rubrik Price Performance

NYSE RBRK opened at $73.15 on Friday. Rubrik has a fifty-two week low of $42.25 and a fifty-two week high of $103.00. The stock’s 50-day moving average is $58.79 and its two-hundred day moving average is $62.61. The firm has a market cap of $14.80 billion, a P/E ratio of -50.45 and a beta of 1.10.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data on Thursday, June 4th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.19. The business had revenue of $387.07 million during the quarter, compared to the consensus estimate of $366.31 million. The company’s revenue for the quarter was up 39.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.15) earnings per share. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. On average, equities analysts expect that Rubrik will post -1.45 EPS for the current year.

Insider Transactions at Rubrik

In related news, Director Yvonne Wassenaar sold 2,838 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $75.00, for a total value of $212,850.00. Following the completion of the transaction, the director owned 2,326 shares in the company, valued at $174,450. The trade was a 54.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark D. Mclaughlin bought 10,638 shares of the company’s stock in a transaction on Monday, March 30th. The shares were acquired at an average price of $47.21 per share, with a total value of $502,219.98. Following the transaction, the director directly owned 13,639 shares in the company, valued at approximately $643,897.19. The trade was a 354.48% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 398,939 shares of company stock worth $27,628,167 over the last ninety days. 13.66% of the stock is currently owned by insiders.

Institutional Trading of Rubrik

Several institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC raised its position in shares of Rubrik by 12.0% during the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock valued at $125,000 after acquiring an additional 150 shares during the last quarter. Atlantic Union Bankshares Corp grew its holdings in shares of Rubrik by 100.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock valued at $31,000 after buying an additional 200 shares during the period. CI Investments Inc. grew its holdings in shares of Rubrik by 31.7% in the 3rd quarter. CI Investments Inc. now owns 859 shares of the company’s stock valued at $71,000 after buying an additional 207 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Rubrik by 24.3% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock valued at $94,000 after buying an additional 224 shares during the period. Finally, Creative Planning grew its holdings in shares of Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock valued at $418,000 after buying an additional 236 shares during the period. Institutional investors own 49.54% of the company’s stock.

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik beat first-quarter estimates with $0.16 EPS versus expectations for a loss, while revenue rose 39% to $387.1 million, reinforcing the company’s growth story in cybersecurity and AI-driven cyber resilience. Rubrik Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised full-year and Q2 guidance, signaling management sees continued demand and improving profitability ahead. Rubrik beats Q1 estimates, raises full-year guidance as cyber resilience demand rises
• Positive Sentiment: Multiple analysts lifted price targets, including CIBC, BMO, DA Davidson, and Oppenheimer, suggesting Wall Street remains constructive after the results. Analyst price target updates
• Positive Sentiment: Unusual call-option activity points to speculation that traders expect more upside after the earnings beat and guidance raise. Unusual options trading in Rubrik
• Neutral Sentiment: Commentary around Rubrik’s AI-enabled security platform and its access to Anthropic’s Mythos preview reinforces the long-term growth narrative, but this is more strategic than an immediate earnings driver. Rubrik is countering AI threats with ‘AI speed’ recoveries: CEO
• Neutral Sentiment: Shareholder approval of the board, auditor, and pay practices removes governance uncertainty, but it is unlikely to materially affect the stock by itself. Rubrik Shareholders Endorse Board, Auditor and Pay Practices
• Negative Sentiment: The stock has been volatile because investors appear to be questioning whether the earnings beat was strong enough to justify the recent run-up in the share price. Is It Time To Reconsider Rubrik (RBRK) After Recent Volatile Share Price Swings?
• Negative Sentiment: Several insider sales, including large disposals by CTO Arvind Nithrakashyap and Director John Wendell Thompson, may be pressuring sentiment even though the trades were pre-planned. SEC filing for insider sales
• Negative Sentiment: Some market commentary said the quarter was solid but not “explosive” enough for a stock that had already rallied sharply, helping explain why shares slipped after earnings. Rubrik posts respectable Q1, not as explosive as needed

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).