Brokerages Set Rubrik, Inc. (NYSE:RBRK) Target Price at $112.18

Shares of Rubrik, Inc. (NYSE:RBRK) have been given an average rating of “Moderate Buy” by the twenty-three ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and twenty-one have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $112.1765.

RBRK has been the subject of several recent research reports. Piper Sandler lowered their price target on Rubrik from $118.00 to $99.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. Berenberg Bank initiated coverage on shares of Rubrik in a research note on Tuesday, November 18th. They issued a “buy” rating and a $114.00 target price for the company. 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. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $120.00 price objective on shares of Rubrik in a research note on Friday, December 5th.

Insider Buying and Selling

In other Rubrik news, CFO Kiran Kumar Choudary sold 20,000 shares of the company’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $67.66, for a total transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian K. Mccarthy sold 10,000 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $70.88, for a total value of $708,800.00. Following the sale, the insider owned 330,772 shares of the company’s stock, valued at approximately $23,445,119.36. The trade was a 2.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 250,387 shares of company stock worth $19,195,515 over the last ninety days. Company insiders own 32.38% of the company’s stock.

Institutional Trading of Rubrik

Institutional investors and hedge funds have recently modified their holdings of the company. Comerica Bank boosted its position in shares of Rubrik by 209.0% during the 1st quarter. Comerica Bank now owns 584 shares of the company’s stock valued at $36,000 after acquiring an additional 395 shares in the last quarter. Royal Bank of Canada grew its position in Rubrik by 231.3% in the first quarter. Royal Bank of Canada now owns 29,320 shares of the company’s stock valued at $1,789,000 after acquiring an additional 20,471 shares during the period. NewEdge Advisors LLC raised its stake in Rubrik by 31.6% during the first quarter. NewEdge Advisors LLC now owns 1,250 shares of the company’s stock worth $76,000 after acquiring an additional 300 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Rubrik by 33.5% during the first quarter. Goldman Sachs Group Inc. now owns 940,351 shares of the company’s stock worth $57,343,000 after acquiring an additional 236,181 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Rubrik by 204.1% during the first quarter. Rhumbline Advisers now owns 2,980 shares of the company’s stock valued at $182,000 after acquiring an additional 2,000 shares during the period. 49.54% of the stock is currently owned by institutional investors.

Rubrik Stock Up 5.6%

RBRK stock opened at $51.03 on Wednesday. The company has a 50 day moving average of $71.53 and a two-hundred day moving average of $77.70. The company has a market cap of $10.21 billion, a price-to-earnings ratio of -26.17 and a beta of 0.31. Rubrik has a 12-month low of $47.35 and a 12-month high of $103.00.

Rubrik (NYSE:RBRK) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The company had revenue of $350.17 million during the quarter, compared to analyst estimates of $320.19 million. During the same period last year, the company posted ($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. On average, research analysts anticipate that Rubrik will post -7.66 EPS for the current year.

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).