Rubrik (NYSE:RBRK) Given New $80.00 Price Target at KeyCorp

Rubrik (NYSE:RBRK) had its target price reduced by equities research analysts at KeyCorp from $95.00 to $80.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. KeyCorp’s target price suggests a potential upside of 46.73% from the company’s current price.

A number of other research analysts have also commented on RBRK. Guggenheim set a $110.00 price target on Rubrik in a report on Friday, December 5th. BMO Capital Markets cut their target price on shares of Rubrik from $110.00 to $105.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. The Goldman Sachs Group decreased their price target 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. Rosenblatt Securities upped their price objective on shares of Rubrik from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rubrik in a research report on Friday, December 5th. Twenty-two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Rubrik has an average rating of “Moderate Buy” and an average price target of $108.61.

Rubrik Stock Up 2.5%

Shares of RBRK stock opened at $54.52 on Tuesday. Rubrik has a 12 month low of $47.35 and a 12 month high of $103.00. The company has a market cap of $10.91 billion, a PE ratio of -27.96 and a beta of 0.33. The business’s 50 day moving average is $68.96 and its two-hundred day moving average is $76.13.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, December 4th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.16) by $0.26. The firm had revenue of $350.17 million during the quarter, compared to the consensus estimate of $320.19 million. During the same quarter last year, the business earned ($0.21) EPS. The business’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. As a group, equities analysts expect that Rubrik will post -7.66 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Brian K. Mccarthy sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $90.83, for a total value of $908,300.00. Following the transaction, the insider directly owned 339,319 shares of the company’s stock, valued at $30,820,344.77. The trade was a 2.86% 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, Director Ravi Mhatre sold 101,659 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $81.82, for a total value of $8,317,739.38. The SEC filing for this sale provides additional information. Insiders have sold a total of 240,387 shares of company stock valued at $18,436,515 in the last ninety days. 32.38% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP raised its stake in shares of Rubrik by 1,030.8% in the second quarter. Allworth Financial LP now owns 294 shares of the company’s stock worth $26,000 after acquiring an additional 268 shares during the last quarter. Bogart Wealth LLC raised its position in Rubrik by 352.2% in the 3rd quarter. Bogart Wealth LLC now owns 312 shares of the company’s stock worth $26,000 after purchasing an additional 243 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Rubrik by 1,360.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the company’s stock worth $30,000 after buying an additional 340 shares in the last quarter. Financial Life Planners acquired a new stake in shares of Rubrik in the 3rd quarter valued at $31,000. Finally, Atlantic Union Bankshares Corp raised its position in shares of Rubrik by 100.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after acquiring an additional 200 shares during the last quarter. Institutional investors and hedge funds own 49.54% of the company’s stock.

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).