Rubrik (NYSE:RBRK) Price Target Raised to $125.00

Rubrik (NYSE:RBRK) had its target price raised by stock analysts at BTIG Research from $109.00 to $125.00 in a report released on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. BTIG Research’s price objective would indicate a potential upside of 16.64% from the company’s previous close.

RBRK has been the subject of several other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Rubrik in a report on Wednesday, June 24th. Robert W. Baird lifted their price target on Rubrik from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, June 11th. Piper Sandler reissued an “overweight” rating and issued a $91.00 price target (up from $84.00) on shares of Rubrik in a report on Friday, June 5th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Rubrik in a research note on Wednesday, August 19th. Finally, Stephens reissued an “overweight” rating on shares of Rubrik in a report on Friday. Twenty-nine research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Rubrik presently has an average rating of “Moderate Buy” and an average price target of $105.92.

Rubrik Trading Up 11.5%

Shares of NYSE RBRK opened at $107.17 on Friday. The company has a 50 day simple moving average of $84.48 and a two-hundred day simple moving average of $67.25. The stock has a market cap of $22.06 billion, a price-to-earnings ratio of -73.91 and a beta of 1.17. Rubrik has a 12 month low of $42.25 and a 12 month high of $107.91.

Rubrik (NYSE:RBRK) last issued its earnings results on Thursday, August 27th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.16. The business had revenue of $427.26 million for the quarter, compared to analysts’ expectations of $396.30 million. During the same period last year, the business earned ($0.03) EPS. The company’s revenue for the quarter was up 43.9% on a year-over-year basis. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. Analysts forecast that Rubrik will post -1.13 EPS for the current year.

Insider Transactions at Rubrik

In related news, Director Yvonne Wassenaar sold 721 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $75.00, for a total value of $54,075.00. Following the transaction, the director directly owned 3,917 shares of the company’s stock, valued at approximately $293,775. This trade represents a 15.55% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wendell Thompson sold 2,500 shares of Rubrik stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $74.11, for a total value of $185,275.00. Following the completion of the sale, the director directly owned 10,000 shares in the company, valued at $741,100. This represents a 20.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 324,844 shares of company stock worth $27,172,526 in the last ninety days. Company insiders own 13.66% of the company’s stock.

Hedge Funds Weigh In On Rubrik

A number of institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew its stake in Rubrik by 8,477.0% during the 2nd quarter. California State Teachers Retirement System now owns 14,781,716 shares of the company’s stock valued at $1,186,676,000 after acquiring an additional 14,609,375 shares in the last quarter. Norges Bank purchased a new position in Rubrik in the 4th quarter worth approximately $345,907,000. First Trust Advisors LP boosted its holdings in shares of Rubrik by 42.8% during the 4th quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock worth $540,259,000 after purchasing an additional 2,116,272 shares during the last quarter. Pictet Asset Management Holding SA grew its position in shares of Rubrik by 104.1% in the first quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company’s stock valued at $162,572,000 after purchasing an additional 1,696,342 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Rubrik by 12.9% in 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 in the last quarter. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Results significantly exceeded expectations. Rubrik reported adjusted EPS of $0.20 versus the $0.04 analyst consensus, while revenue rose 43.9% year over year to $427.26 million, ahead of the $396.30 million estimate. The quarter also marked an improvement from a $0.03 per-share loss a year earlier. Rubrik Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management issued guidance well above Wall Street forecasts. Fiscal 2027 EPS guidance is $0.47–$0.53 versus consensus of $0.03, with revenue guidance of approximately $1.7 billion versus $1.6 billion expected. Third-quarter EPS guidance of $0.07–$0.09 and revenue guidance of $429–$431 million also exceed consensus estimates. Rubrik Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Analyst sentiment remains supportive. Rosenblatt Securities raised its price target from $95 to $105 and maintained a Buy rating, while reports also cited bullish expectations from Scotiabank. Rosenblatt Raises Rubrik Price Target
• Neutral Sentiment: Rubrik expanded its board from eight to nine directors by appointing Rakefet Russak-Aminoach. The addition may strengthen the company’s strategic and technology oversight but is unlikely to materially affect near-term results. Rubrik Appoints Rakefet Russak-Aminoach
• Negative Sentiment: The stock’s reaction has been volatile despite the strong report. Some coverage described a decline after earnings, suggesting investors may have been taking profits or demanding an even stronger outlook. With RBRK near its 52-week high and trading at a substantial growth-stock valuation, expectations are elevated and further gains may require continued execution. Rubrik Tumbles Despite Strong Q2 Results and Guidance

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).