Rubrik (NYSE:RBRK) Stock Price Down 6.7% – Time to Sell?

Rubrik, Inc. (NYSE:RBRK) was down 6.7% during trading on Tuesday . The stock traded as low as $62.60 and last traded at $63.7460. Approximately 2,213,730 shares were traded during trading, a decline of 23% from the average daily volume of 2,869,271 shares. The stock had previously closed at $68.32.

Wall Street Analysts Forecast Growth

RBRK has been the topic of a number of recent analyst reports. Mizuho raised Rubrik from a “neutral” rating to an “outperform” rating and set a $97.00 target price on the stock in a report on Monday, November 17th. Rosenblatt Securities raised their price target on shares of Rubrik from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Cantor Fitzgerald dropped their price objective on Rubrik from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Robert W. Baird increased their price target on shares of Rubrik from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. Finally, Oppenheimer started coverage on Rubrik in a research note on Monday, November 17th. They issued a “market perform” rating on the stock. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and an average target price of $112.18.

Rubrik Stock Performance

The stock has a market cap of $11.59 billion, a PE ratio of -29.70 and a beta of 0.27. The business has a 50 day moving average price of $73.44 and a two-hundred day moving average price of $79.15.

Rubrik (NYSE:RBRK) last announced its quarterly earnings data on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.26. The firm had revenue of $350.17 million during the quarter, compared to analysts’ expectations of $320.19 million. The company’s revenue was up 48.3% compared to the same quarter last year. During the same period last year, the business posted ($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, research analysts anticipate that Rubrik, Inc. will post -7.66 earnings per share for the current year.

Insider Transactions at Rubrik

In other news, CFO Kiran Kumar Choudary sold 20,000 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $67.66, for a total value of $1,353,200.00. Following the completion of the sale, the chief financial officer directly owned 489,959 shares in the company, valued at $33,150,625.94. This represents a 3.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CTO Arvind Nithrakashyap sold 4,648 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $70.40, for a total value of $327,219.20. Following the completion of the transaction, the chief technology officer owned 337,010 shares in the company, valued at $23,725,504. The trade was a 1.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 249,396 shares of company stock valued at $19,381,819. Company insiders own 32.38% of the company’s stock.

Institutional Investors Weigh In On Rubrik

Institutional investors have recently bought and sold shares of the company. Strs Ohio raised its stake in shares of Rubrik by 90.8% during the 3rd quarter. Strs Ohio now owns 62,300 shares of the company’s stock worth $5,124,000 after buying an additional 29,649 shares in the last quarter. GGM Financials LLC purchased a new stake in shares of Rubrik in the second quarter valued at about $8,108,000. Slow Capital Inc. purchased a new stake in Rubrik in the 3rd quarter valued at approximately $3,341,000. Federated Hermes Inc. boosted its stake in shares of Rubrik by 101.8% during the third quarter. Federated Hermes Inc. now owns 2,437,768 shares of the company’s stock valued at $200,506,000 after acquiring an additional 1,229,476 shares during the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Rubrik by 17.7% during the 2nd quarter. Bessemer Group Inc. now owns 194,911 shares of the company’s stock worth $17,462,000 after purchasing an additional 29,317 shares during the last quarter. 49.54% of the stock is currently owned by institutional investors and hedge funds.

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).