Rubrik (NYSE:RBRK) Price Target Cut to $90.00 by Analysts at Wedbush

Rubrik (NYSE:RBRK) had its price objective reduced by Wedbush from $120.00 to $90.00 in a research note published on Friday morning,Benzinga reports. Wedbush currently has an outperform rating on the stock.

RBRK has been the topic of a number of other reports. The Goldman Sachs Group dropped their price objective on shares of Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Oppenheimer assumed coverage on shares of Rubrik in a research note on Monday, November 17th. They set a “market perform” rating for the company. DA Davidson began coverage on Rubrik in a report on Monday, February 23rd. They issued a “buy” rating and a $65.00 target price on the stock. Rosenblatt Securities cut their price target on Rubrik from $120.00 to $95.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. Finally, Berenberg Bank began coverage on Rubrik in a report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $92.89.

Rubrik Stock Performance

Shares of Rubrik stock opened at $53.35 on Friday. The business has a 50-day simple moving average of $59.14 and a 200-day simple moving average of $71.86. Rubrik has a one year low of $46.36 and a one year high of $103.00. The company has a market cap of $10.68 billion, a PE ratio of -30.14 and a beta of 0.45.

Rubrik (NYSE:RBRK) last issued its earnings results on Thursday, March 12th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.15. The firm had revenue of $377.68 million during the quarter, compared to analyst estimates of $342.43 million. During the same period last year, the business earned ($0.18) EPS. The firm’s revenue 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. On average, sell-side analysts predict that Rubrik will post -7.66 earnings per share for the current fiscal year.

Insider Activity at Rubrik

In related news, CFO Kiran Kumar Choudary sold 20,000 shares of Rubrik stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $54.17, for a total transaction of $1,083,400.00. Following the sale, the chief financial officer directly owned 474,959 shares in the company, valued at $25,728,529.03. This trade represents a 4.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian K. Mccarthy sold 10,000 shares of the business’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $70.88, for a total transaction of $708,800.00. Following the completion of the sale, the insider directly owned 330,772 shares of the company’s stock, valued at approximately $23,445,119.36. This trade represents a 2.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 146,219 shares of company stock worth $9,834,982 over the last 90 days. 32.38% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Rubrik

Hedge funds have recently made changes to their positions in the company. Fund Advisors of America Inc FL acquired a new stake in shares of Rubrik during the fourth quarter worth about $223,000. Corient Private Wealth LLC purchased a new stake in shares of Rubrik in the 4th quarter valued at about $5,896,000. Hsbc Holdings PLC boosted its position in shares of Rubrik by 712.4% in the 4th quarter. Hsbc Holdings PLC now owns 110,756 shares of the company’s stock valued at $8,529,000 after purchasing an additional 97,123 shares during the period. Pacer Advisors Inc. grew its stake in 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 buying an additional 7,181 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in Rubrik during the 4th quarter worth approximately $2,516,000. Hedge funds and other institutional investors own 49.54% of the company’s stock.

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Q4 beat and raised guidance — Rubrik posted $0.04 adj. EPS (vs. a loss expected) and revenue of $377.7M (+46% YoY), and issued Q1 and FY‑2027 guidance well above Street expectations, which underpins the company’s growth narrative and drove initial upside. Rubrik Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Subscription ARR and execution highlighted — Management called out record subscription ARR growth and improved free‑cash metrics, reinforcing the recurring‑revenue story and the company’s positioning around AI/data resilience. Rubrik Inc (RBRK) Q4 2026 Earnings Call Highlights
• Positive Sentiment: Call‑buyers showing conviction — Unusual options activity (large call purchases) suggests some traders are betting on further upside post‑earnings, adding a tactical bullish signal to intraday flows.
• Neutral Sentiment: Mixed analyst posture — Several firms reaffirmed buy/overweight ratings even as they’d trimmed targets (e.g., Piper Sandler reaffirmed overweight with a lower $84 PT). Ratings support the growth case but reduced PTs reflect more cautious near‑term expectations. Piper Sandler Reaffirms Overweight on Rubrik
• Negative Sentiment: Multiple price‑target cuts — BMO, Wedbush and Wells Fargo cut PTs (to $70, $90 and $90 respectively) despite maintaining outperform/overweight stances; those trims cap upside in the near term and signal caution on valuation/timing. Analyst Price Target Moves
• Negative Sentiment: Soft software market and profit‑taking — Commentary notes that even strong results can be muted when the broader software/tech group is weak; that dynamic, plus short‑term traders locking gains after a big run, helps explain the stock’s pullback. Rubrik posts strong Q4, but ‘rarified air’ isn’t enough to lift shares

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).