Rubrik (NYSE:RBRK) Releases FY 2025 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of -2.350–2.250 for the period, compared to the consensus estimate of -2.410. The company issued revenue guidance of $810.0 million-$824.0 million, compared to the consensus revenue estimate of $806.7 million. Rubrik also updated its FY25 guidance to ($2.35)-($2.25) EPS.

Rubrik Trading Down 1.4 %

Shares of RBRK traded down $0.50 during trading hours on Tuesday, reaching $35.26. The company’s stock had a trading volume of 1,871,405 shares, compared to its average volume of 1,263,847. Rubrik has a 1-year low of $29.24 and a 1-year high of $40.00.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on RBRK shares. CIBC started coverage on Rubrik in a report on Tuesday, May 21st. They issued an outperformer rating and a $50.00 target price on the stock. KeyCorp initiated coverage on Rubrik in a report on Monday, May 20th. They issued an overweight rating and a $46.00 price objective on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on Rubrik in a report on Monday, May 20th. They issued a buy rating and a $42.00 price objective on the stock. Citigroup initiated coverage on Rubrik in a report on Monday, May 20th. They issued a buy rating and a $46.00 price objective on the stock. Finally, BMO Capital Markets upgraded Rubrik from a market perform rating to an outperform rating and set a $40.00 price objective on the stock in a report on Thursday, June 6th. Thirteen investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of Buy and an average target price of $45.29.

About Rubrik

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.