Wells Fargo & Company Cuts Rubrik (NYSE:RBRK) Price Target to $90.00

Rubrik (NYSE:RBRK) had its price target dropped by research analysts at Wells Fargo & Company from $125.00 to $90.00 in a report released on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 69.56% from the stock’s current price.

Several other analysts have also issued reports on RBRK. Mizuho lowered their target price on shares of Rubrik from $97.00 to $80.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. Robert W. Baird reduced their price objective on shares of Rubrik from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. KeyCorp decreased their price objective on shares of Rubrik from $95.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday, February 17th. BMO Capital Markets dropped their target price on shares of Rubrik from $105.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Stephens assumed coverage on Rubrik in a research note on Monday, December 29th. They issued an “overweight” rating and a $105.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.68.

Rubrik Stock Performance

RBRK traded down $0.94 during midday trading on Friday, reaching $53.08. 4,266,252 shares of the company were exchanged, compared to its average volume of 3,862,708. The company has a market cap of $10.62 billion, a price-to-earnings ratio of -27.22 and a beta of 0.45. Rubrik has a one year low of $46.36 and a one year high of $103.00. The company’s fifty day moving average price is $59.58 and its 200 day moving average price is $72.10.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, March 12th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.15. The company had revenue of $377.68 million for the quarter, compared to analysts’ expectations of $342.43 million. The firm’s quarterly revenue was up 46.3% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.18) EPS. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. As a group, sell-side analysts anticipate that Rubrik will post -7.66 earnings per share for the current fiscal year.

Insider Activity at Rubrik

In other news, CTO Arvind Nithrakashyap sold 4,648 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $70.40, for a total transaction of $327,219.20. Following the completion of the transaction, the chief technology officer directly owned 337,010 shares of the company’s stock, valued at $23,725,504. This represents a 1.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $53.62, for a total transaction of $589,820.00. Following the sale, the director owned 4,653 shares of the company’s stock, valued at approximately $249,493.86. The trade was a 70.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 146,219 shares of company stock worth $9,834,982. 32.38% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Rubrik

Institutional investors and hedge funds have recently bought and sold shares of the company. Corient Private Wealth LLC purchased a new stake in Rubrik in the fourth quarter worth $5,896,000. Hsbc Holdings PLC lifted its position in shares of Rubrik by 712.4% during the 4th quarter. Hsbc Holdings PLC now owns 110,756 shares of the company’s stock valued at $8,529,000 after buying an additional 97,123 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Rubrik by 104.8% during the 4th quarter. Pacer Advisors Inc. now owns 14,033 shares of the company’s stock worth $1,073,000 after acquiring an additional 7,181 shares during the period. Virtu Financial LLC purchased a new stake in Rubrik in the 4th quarter worth about $2,516,000. Finally, Alpine Woods Capital Investors LLC bought a new stake in Rubrik in the 4th quarter valued at about $765,000. 49.54% of the stock is owned by institutional investors.

Key Rubrik News

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 results beat consensus: Rubrik reported adjusted EPS of $0.04 (vs. consensus loss) and revenue of $377.7M, up ~46% year‑over‑year — a clear operational beat that supports upside to the shares. Proactive: Rubrik delivers fourth quarter earnings beat, guidance above expectations
• Positive Sentiment: Strong FY‑2027 guidance: Management issued FY‑27 EPS guidance of $0.07–$0.27 and Q1 EPS guide of ‑$0.04 to ‑$0.02, both well above prior consensus (and Q1 revenue guidance above estimates) — this shift toward fiscal‑year profitability is driving bullish reappraisal. Business Wire: Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Analyst and research support: Recent analyst commentary (including a Baird revisit and bullish write‑ups highlighting Rubrik’s role in AI/data resilience) is reinforcing the buy case among investors focused on durable subscription ARR growth. TipRanks: Buy rating and analyst note Seeking Alpha: High Growth Rates And AI Resilience
• Neutral Sentiment: Supplementary disclosures: The company posted an earnings call transcript, slide deck and press release for the quarter — useful for investors digging into unit economics, ARR trends and margin cadence. Conference materials
• Positive Sentiment: Unusual options activity: Heavy call buying was observed around the print, which can amplify intraday upside as traders position for further rallies (short‑term positive flow). (Market activity noted on the print day.)
• Negative Sentiment: Technical/valuation headwinds and volatility: RBRK has seen a sizable YTD pullback from its prior highs and remains below key moving averages, so some of the post‑earnings advance was met by profit‑taking and technical selling pressure — this can mute sustained upside despite the beat. Seeking Alpha: context on recent selloff

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).