The Goldman Sachs Group Issues Pessimistic Forecast for Rubrik (NYSE:RBRK) Stock Price

Rubrik (NYSE:RBRK) had its price target lowered by equities researchers at The Goldman Sachs Group from $120.00 to $80.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s price objective indicates a potential upside of 49.92% from the company’s current price.

A number of other research analysts have also issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a research report on Monday, December 29th. Wedbush reissued an “outperform” rating and set a $120.00 price target on shares of Rubrik in a report on Friday, December 5th. Piper Sandler reduced their price objective on shares of Rubrik from $118.00 to $99.00 and set an “overweight” rating for the company in a report on Monday, January 5th. KeyCorp decreased their target price on shares of Rubrik from $113.00 to $95.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. Finally, Oppenheimer assumed coverage on shares of Rubrik in a research note on Monday, November 17th. They set a “market perform” rating on the stock. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $110.39.

Rubrik Stock Up 4.5%

NYSE RBRK traded up $2.29 on Monday, hitting $53.36. The stock had a trading volume of 2,043,457 shares, compared to its average volume of 4,175,282. The company’s 50-day moving average is $71.53 and its two-hundred day moving average is $77.61. Rubrik has a one year low of $47.35 and a one year high of $103.00. The stock has a market cap of $10.68 billion, a price-to-earnings ratio of -27.33 and a beta of 0.33.

Rubrik (NYSE:RBRK) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to the consensus estimate of $320.19 million. The business’s quarterly revenue was up 48.3% on a year-over-year basis. During the same period last year, the firm 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. On average, sell-side analysts anticipate that Rubrik will post -7.66 earnings per share for the current year.

Insider Activity

In other news, CFO Kiran Kumar Choudary sold 20,000 shares of Rubrik stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $67.66, for a total value of $1,353,200.00. Following the transaction, the chief financial officer owned 489,959 shares of the company’s stock, valued at $33,150,625.94. The trade was a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Brian K. Mccarthy sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $90.83, for a total transaction of $908,300.00. Following the completion of the sale, the insider owned 339,319 shares in the company, valued at $30,820,344.77. The trade was a 2.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 240,387 shares of company stock valued at $18,436,515 over the last quarter. Insiders own 32.38% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc increased its position in shares of Rubrik by 8.6% in the fourth quarter. Legal & General Group Plc now owns 1,904,810 shares of the company’s stock worth $145,680,000 after acquiring an additional 151,234 shares in the last quarter. Sierra Summit Advisors LLC acquired a new position in Rubrik in the 4th quarter worth approximately $922,000. Leonteq Securities AG purchased a new position in Rubrik during the 4th quarter worth approximately $143,000. IFP Advisors Inc raised its stake in Rubrik by 28.5% during the 4th quarter. IFP Advisors Inc now owns 8,836 shares of the company’s stock valued at $676,000 after purchasing an additional 1,959 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Rubrik by 32.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,638 shares of the company’s stock valued at $125,000 after purchasing an additional 399 shares in 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).