Rubrik (NYSE:RBRK) Releases FY 2027 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.470-0.530 for the period, compared to the consensus estimate of 0.030. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion. Rubrik also updated its Q3 2027 guidance to 0.070-0.090 EPS.

Rubrik Stock Performance

NYSE RBRK traded up $11.04 on Thursday, reaching $107.17. The company had a trading volume of 7,758,451 shares, compared to its average volume of 3,735,434. The company’s fifty day moving average is $83.75 and its 200-day moving average is $66.85. The firm has a market capitalization of $22.06 billion, a price-to-earnings ratio of -73.91 and a beta of 1.17. Rubrik has a 1-year low of $42.25 and a 1-year high of $107.91.

Rubrik (NYSE:RBRK) last issued its quarterly earnings results on Thursday, August 27th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.16. The firm had revenue of $427.26 million during the quarter, compared to the consensus estimate of $396.30 million. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. On average, research analysts forecast that Rubrik will post -1.13 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Wedbush reiterated an “outperform” rating and issued a $90.00 price target on shares of Rubrik in a research note on Thursday, June 11th. Wells Fargo & Company upped their price objective on Rubrik from $90.00 to $120.00 and gave the company an “overweight” rating in a research note on Tuesday. Truist Financial raised their price objective on Rubrik from $90.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. BTIG Research reiterated a “buy” rating and set a $91.00 target price on shares of Rubrik in a research note on Thursday, June 11th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Rubrik in a research note on Wednesday, August 19th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and an average target price of $104.56.

Insiders Place Their Bets

In other news, CFO Kiran Kumar Choudary sold 10,000 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $98.32, for a total transaction of $983,200.00. Following the completion of the sale, the chief financial officer directly owned 978,073 shares in the company, valued at approximately $96,164,137.36. This represents a 1.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Arvind Nithrakashyap sold 199,447 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $84.28, for a total transaction of $16,809,393.16. Following the sale, the chief technology officer owned 314,048 shares in the company, valued at $26,467,965.44. This represents a 38.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 327,682 shares of company stock worth $27,385,376 in the last 90 days. Company insiders own 13.66% of the company’s stock.

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Quarterly results exceeded expectations: Rubrik reported EPS of $0.20 versus the $0.04 analyst consensus, while revenue reached $427.26 million, ahead of estimates of $396.30 million. The results reinforce the company’s growth and improving profitability outlook. Rubrik quarterly earnings press release
• Positive Sentiment: Raised outlook is the primary catalyst: Rubrik forecast third-quarter FY2027 EPS of $0.07-$0.09, well above the consensus estimate of a $0.02 loss, and revenue of $429 million-$431 million versus the $418 million consensus. Full-year FY2027 EPS guidance of $0.47-$0.53 also substantially exceeds the prior consensus of $0.03, while projected revenue of approximately $1.7 billion is above the $1.6 billion analyst estimate.
• Positive Sentiment: Analyst sentiment remains favorable: Scotiabank reportedly expects the stock to rise, while Rosenblatt Securities raised its price target to $105 and maintained a “buy” rating. Rubrik has a “Moderate Buy” consensus rating, supported by 29 Buy ratings and one Sell rating. Scotiabank analyst expects Rubrik stock to rise
• Neutral Sentiment: Institutional ownership is substantial at approximately 49.5%, with large investors including CalSTRS, Vanguard and First Trust increasing their positions. These purchases may support investor confidence but largely reflect previously reported activity.
• Negative Sentiment: Rubrik’s CFO sold 10,000 shares worth approximately $983,200 under a pre-arranged Rule 10b5-1 trading plan. The sale was only about 1% of his holdings and therefore appears limited, but insider selling can still create a modest overhang.

Institutional Investors Weigh In On Rubrik

Institutional investors have recently added to or reduced their stakes in the business. First Trust Advisors LP grew its stake in Rubrik by 42.8% during the fourth quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock worth $540,259,000 after purchasing an additional 2,116,272 shares during the period. AQR Capital Management LLC bought a new stake in shares of Rubrik during the third quarter worth about $97,828,000. State Street Corp increased its position in shares of Rubrik by 139.7% during the second quarter. State Street Corp now owns 1,771,475 shares of the company’s stock worth $158,706,000 after acquiring an additional 1,032,497 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Rubrik by 364.8% in the 3rd quarter. Invesco Ltd. now owns 1,074,025 shares of the company’s stock worth $88,339,000 after acquiring an additional 842,939 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Rubrik in the 2nd quarter valued at about $61,969,000. 49.54% of the stock is owned by institutional investors.

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).