Brokerages Set Rubrik, Inc. (NYSE:RBRK) Price Target at $114.94

Rubrik, Inc. (NYSE:RBRK) has been given an average rating of “Moderate Buy” by the twenty-two analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and twenty have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $114.9375.

RBRK has been the subject of several research analyst reports. UBS Group reiterated a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Berenberg Bank began coverage on shares of Rubrik in a research report on Tuesday, November 18th. They set a “buy” rating and a $114.00 target price on the stock. Barclays increased their target price on shares of Rubrik from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. CIBC boosted their price target on Rubrik from $125.00 to $130.00 and gave the stock an “outperformer” rating in a research note on Thursday, September 11th. Finally, Cantor Fitzgerald dropped their price objective on Rubrik from $115.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, December 3rd.

Rubrik Stock Performance

Shares of Rubrik stock opened at $75.95 on Tuesday. Rubrik has a one year low of $47.35 and a one year high of $103.00. The company has a market cap of $15.20 billion, a P/E ratio of -38.95 and a beta of 0.32. The firm has a fifty day moving average of $75.45 and a two-hundred day moving average of $83.04.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The firm had revenue of $350.17 million for the quarter, compared to analyst estimates of $320.19 million. During the same quarter last year, the firm earned ($0.21) earnings per share. The company’s revenue was up 48.3% compared to the same quarter last year. 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 earnings per share for the current year.

Insider Buying and Selling at Rubrik

In other Rubrik news, CTO Arvind Nithrakashyap sold 31,450 shares of Rubrik stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $76.19, for a total transaction of $2,396,175.50. Following the completion of the transaction, the chief technology officer owned 342,703 shares in the company, valued at approximately $26,110,541.57. The trade was a 8.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Kiran Kumar Choudary sold 6,779 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $76.18, for a total transaction of $516,424.22. Following the completion of the sale, the chief financial officer directly owned 507,959 shares in the company, valued at $38,696,316.62. This trade represents a 1.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 219,212 shares of company stock worth $17,522,902. Insiders own 32.38% of the company’s stock.

Institutional Investors Weigh In On Rubrik

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP grew its stake in Rubrik by 1,030.8% in the 2nd quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after acquiring an additional 268 shares during the period. Bogart Wealth LLC lifted its position in Rubrik by 352.2% during the third quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after buying an additional 243 shares during the period. ST Germain D J Co. Inc. acquired a new stake in Rubrik in the 2nd quarter worth about $27,000. Beacon Capital Management LLC purchased a new stake in Rubrik in the 2nd quarter valued at about $29,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of Rubrik during the 1st quarter valued at about $30,000. 49.54% of the stock is currently owned by hedge funds and other institutional investors.

Rubrik Company Profile

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.