Rubrik (NYSE:RBRK) Updates Q3 2027 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its third quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.070-0.090 for the period, compared to the consensus EPS estimate of -0.020. The company issued revenue guidance of $429.0 million-$431.0 million, compared to the consensus revenue estimate of $418.0 million. Rubrik also updated its FY 2027 guidance to 0.470-0.530 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on RBRK shares. DA Davidson restated a “buy” rating and set a $90.00 price objective (up from $70.00) on shares of Rubrik in a research report on Thursday, June 11th. UBS Group restated a “buy” rating and set a $106.00 target price on shares of Rubrik in a report on Wednesday, August 19th. Piper Sandler reissued an “overweight” rating and issued a $91.00 target price (up from $84.00) on shares of Rubrik in a research note on Friday, June 5th. Wells Fargo & Company raised their price objective on Rubrik from $90.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Rosenblatt Securities upped their price target on shares of Rubrik from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday. Twenty-nine research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $104.56.

Rubrik Price Performance

NYSE:RBRK opened at $107.17 on Friday. Rubrik has a 1-year low of $42.25 and a 1-year high of $107.91. The firm has a 50-day moving average of $84.48 and a two-hundred day moving average of $67.25. The stock has a market cap of $22.06 billion, a P/E ratio of -73.91 and a beta of 1.17.

Rubrik (NYSE:RBRK) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. The company had revenue of $427.26 million for the quarter, compared to analyst estimates of $396.30 million. The firm’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.03) EPS. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. As a group, equities analysts expect that Rubrik will post -1.13 earnings per share for the current year.

Insider Buying and Selling at Rubrik

In related news, CTO Arvind Nithrakashyap sold 12,820 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $83.71, for a total transaction of $1,073,162.20. Following the transaction, the chief technology officer directly owned 293,293 shares in the company, valued at $24,551,557.03. This trade represents a 4.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ravi Mhatre sold 3,979 shares of the firm’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $83.10, for a total transaction of $330,654.90. Following the completion of the transaction, the director owned 125,351 shares in the company, valued at approximately $10,416,668.10. The trade was a 3.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 324,844 shares of company stock worth $27,172,526. 13.66% of the stock is owned by insiders.

More Rubrik News

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

Institutional Investors Weigh In On Rubrik

Institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. boosted its stake in Rubrik by 104.8% during the 4th quarter. Pacer Advisors Inc. now owns 14,033 shares of the company’s stock valued at $1,073,000 after purchasing an additional 7,181 shares in the last quarter. Corient Private Wealth LLC acquired a new position in Rubrik in the 4th quarter worth about $5,896,000. Alpine Woods Capital Investors LLC bought a new position in Rubrik during the fourth quarter valued at approximately $765,000. Mercer Global Advisors Inc. ADV boosted its holdings in Rubrik by 63.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,114 shares of the company’s stock worth $1,003,000 after purchasing an additional 5,086 shares in the last quarter. Finally, Vident Advisory LLC increased its holdings in shares of Rubrik by 50.2% during the 4th quarter. Vident Advisory LLC now owns 5,861 shares of the company’s stock valued at $448,000 after acquiring an additional 1,958 shares during the last quarter. Institutional investors and hedge funds own 49.54% of the company’s stock.

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).