Rubrik (NYSE:RBRK) Coverage Initiated by Analysts at Stephens

Stephens started coverage on shares of Rubrik (NYSE:RBRK) in a research note released on Monday morning, Marketbeat Ratings reports. The firm issued an overweight rating on the stock.

Several other equities research analysts also recently issued reports on RBRK. Roth Capital restated a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. UBS Group reissued a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Wedbush restated an “outperform” rating and issued a $120.00 price target on shares of Rubrik in a research report on Friday, December 5th. Citigroup dropped their price objective on shares of Rubrik from $117.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, December 8th. Finally, CIBC increased their target price on shares of Rubrik from $125.00 to $130.00 and gave the company an “outperformer” rating in a research note on Thursday, September 11th. Twenty-one investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Rubrik presently has an average rating of “Moderate Buy” and an average price target of $114.35.

Rubrik Stock Performance

Shares of NYSE:RBRK opened at $77.79 on Monday. Rubrik has a 52-week low of $47.35 and a 52-week high of $103.00. The company has a market cap of $15.57 billion, a P/E ratio of -39.89 and a beta of 0.32. The stock’s 50-day moving average is $75.26 and its 200-day moving average is $82.00.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. Rubrik’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.21) EPS. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. As a group, equities analysts predict that Rubrik will post -7.66 EPS for the current year.

Insider Buying and Selling

In other news, Director John Wendell Thompson sold 9,009 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $75.45, for a total transaction of $679,729.05. Following the completion of the transaction, the director directly owned 998 shares of the company’s stock, valued at approximately $75,299.10. This trade represents a 90.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ravi Mhatre sold 101,659 shares of Rubrik stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $81.82, for a total transaction of $8,317,739.38. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 210,203 shares of company stock worth $16,765,312. Insiders own 32.38% of the company’s stock.

Institutional Investors Weigh In On Rubrik

Several large investors have recently modified their holdings of the stock. NewEdge Advisors LLC lifted 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 worth $125,000 after buying an additional 150 shares during the period. CI Investments Inc. raised its stake in Rubrik by 31.7% during the third 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. lifted its holdings in shares of Rubrik by 24.3% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock valued at $94,000 after acquiring an additional 224 shares during the period. Creative Planning boosted its stake 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 purchasing an additional 236 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in shares of Rubrik by 68.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 588 shares of the company’s stock valued at $53,000 after purchasing an additional 239 shares in the last quarter. 49.54% of the stock is currently owned by institutional investors.

Rubrik Company Profile

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).