Rubrik (NYSE:RBRK) Price Target Lowered to $80.00 at KeyCorp

Rubrik (NYSE:RBRK) had its price target reduced by analysts at KeyCorp from $95.00 to $80.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. KeyCorp’s target price would indicate a potential upside of 46.73% from the stock’s previous close.

RBRK has been the topic of a number of other research reports. Cantor Fitzgerald reduced their price objective on Rubrik from $115.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 3rd. Berenberg Bank initiated coverage on Rubrik in a report on Tuesday, November 18th. They set a “buy” rating and a $114.00 target price on the stock. Wedbush restated an “outperform” rating and issued a $120.00 price target on shares of Rubrik in a report on Friday, December 5th. Guggenheim set a $110.00 price objective on shares of Rubrik in a research note on Friday, December 5th. Finally, Stephens assumed coverage on shares of Rubrik in a research report on Monday, December 29th. They set an “overweight” rating and a $105.00 target price on the stock. Twenty-two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Rubrik currently has an average rating of “Moderate Buy” and a consensus target price of $108.61.

Rubrik Stock Performance

RBRK opened at $54.52 on Tuesday. The company has a market cap of $10.91 billion, a PE ratio of -27.96 and a beta of 0.33. Rubrik has a 1 year low of $47.35 and a 1 year high of $103.00. The firm has a 50 day moving average price of $68.96 and a 200 day moving average price of $76.13.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.26. The business had revenue of $350.17 million during the quarter, compared to analyst estimates of $320.19 million. During the same period in the previous year, the company earned ($0.21) EPS. Rubrik’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, sell-side analysts predict that Rubrik will post -7.66 earnings per share for the current year.

Insider Buying and Selling at Rubrik

In other news, Director Ravi Mhatre sold 101,659 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $81.82, for a total transaction of $8,317,739.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian K. Mccarthy sold 10,000 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $90.83, for a total transaction of $908,300.00. Following the transaction, the insider owned 339,319 shares of the company’s stock, valued at $30,820,344.77. This represents a 2.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 240,387 shares of company stock worth $18,436,515. 32.38% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Strs Ohio increased its position in Rubrik by 90.8% in the 3rd quarter. Strs Ohio now owns 62,300 shares of the company’s stock worth $5,124,000 after purchasing an additional 29,649 shares during the last quarter. GGM Financials LLC acquired a new position in Rubrik in the second quarter worth approximately $8,108,000. WCM Investment Management LLC bought a new position in Rubrik during the third quarter valued at approximately $4,717,000. Truist Financial Corp lifted its stake in Rubrik by 1,228.3% in the third quarter. Truist Financial Corp now owns 40,752 shares of the company’s stock valued at $3,352,000 after acquiring an additional 37,684 shares during the last quarter. Finally, TD Waterhouse Canada Inc. increased its stake in shares of Rubrik by 471.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 50,614 shares of the company’s stock worth $4,181,000 after purchasing an additional 41,756 shares during the last quarter. Institutional investors 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).