Rubrik’s (RBRK) Buy Rating Reiterated at Rosenblatt Securities

Rubrik (NYSE:RBRK)‘s stock had its “buy” rating reiterated by research analysts at Rosenblatt Securities in a report issued on Monday,Benzinga reports. They presently have a $90.00 price objective on the stock. Rosenblatt Securities’ price objective suggests a potential upside of 6.46% from the company’s previous close.

A number of other equities research analysts have also commented on RBRK. BTIG Research increased their price objective on shares of Rubrik from $64.00 to $76.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. BMO Capital Markets upped their target price on shares of Rubrik from $58.00 to $64.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Mizuho cut their target price on shares of Rubrik from $97.00 to $80.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Rubrik in a research report on Friday, March 27th. Finally, Robert W. Baird cut their target price on shares of Rubrik from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Rubrik has an average rating of “Moderate Buy” and a consensus price target of $85.12.

Rubrik Stock Performance

Shares of RBRK stock traded up $5.91 during mid-day trading on Monday, reaching $84.54. The company’s stock had a trading volume of 3,360,604 shares, compared to its average volume of 3,794,850. Rubrik has a 1-year low of $42.25 and a 1-year high of $103.00. The company has a market cap of $17.10 billion, a P/E ratio of -47.82 and a beta of 1.09. The firm’s 50-day moving average is $55.78 and its two-hundred day moving average is $62.31.

Rubrik (NYSE:RBRK) last posted its earnings results on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.15. The firm had revenue of $377.68 million during the quarter, compared to the consensus estimate of $342.43 million. During the same period in the previous year, the company posted ($0.18) EPS. The firm’s revenue for the quarter was up 46.3% compared to the same quarter last year. Rubrik has set its Q1 2027 guidance at -0.040–0.020 EPS and its FY 2027 guidance at 0.070-0.270 EPS. Sell-side analysts anticipate that Rubrik will post -1.45 EPS for the current year.

Insiders Place Their Bets

In other Rubrik news, CFO Kiran Kumar Choudary sold 122,613 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $48.20, for a total transaction of $5,909,946.60. Following the transaction, the chief financial officer directly owned 564,901 shares in the company, valued at approximately $27,228,228.20. This represents a 17.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark D. Mclaughlin bought 10,638 shares of the business’s stock in a transaction that occurred on Monday, March 30th. The stock was purchased at an average price of $47.21 per share, for a total transaction of $502,219.98. Following the completion of the acquisition, the director owned 13,639 shares in the company, valued at $643,897.19. This represents a 354.48% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have sold 169,613 shares of company stock worth $8,353,102. Corporate insiders own 13.66% of the company’s stock.

Hedge Funds Weigh In On Rubrik

Large investors have recently bought and sold shares of the stock. Essential Partners LLC lifted its stake in Rubrik by 99.3% during the 1st quarter. Essential Partners LLC now owns 570 shares of the company’s stock valued at $28,000 after acquiring an additional 284 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Rubrik by 1,360.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock valued at $30,000 after acquiring an additional 340 shares in the last quarter. Financial Life Planners bought a new position in Rubrik during the 3rd quarter valued at $31,000. Atlantic Union Bankshares Corp lifted its stake in Rubrik by 100.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares in the last quarter. Finally, Guerra Advisors Inc bought a new position in Rubrik during the 3rd quarter valued at $33,000. 49.54% of the stock is currently owned by institutional investors.

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).