Rubrik (NYSE:RBRK) Updates FY 2027 Earnings Guidance

Rubrik (NYSE:RBRK) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.250-0.350 for the period, compared to the consensus earnings per share estimate of -0.150. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion. Rubrik also updated its Q2 2027 guidance to 0.030-0.050 EPS.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wells Fargo & Company dropped their target price on Rubrik from $125.00 to $90.00 and set an “overweight” rating for the company in a report on Friday, March 13th. UBS Group reiterated a “buy” rating on shares of Rubrik in a report on Monday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $110.00 price target on shares of Rubrik in a report on Monday, March 16th. Citigroup lowered their price target on Rubrik from $115.00 to $88.00 and set a “buy” rating for the company in a report on Monday, March 16th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Rubrik in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.12.

Rubrik Price Performance

Shares of Rubrik stock opened at $77.02 on Friday. The business has a 50-day moving average of $58.27 and a 200 day moving average of $62.54. Rubrik has a 12 month low of $42.25 and a 12 month high of $103.00. The stock has a market capitalization of $15.58 billion, a price-to-earnings ratio of -43.52 and a beta of 1.10.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, June 4th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The firm had revenue of $387.07 million for the quarter, compared to analysts’ expectations of $366.28 million. During the same quarter last year, the business earned ($0.15) earnings per share. The business’s revenue was up 39.0% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. Equities research analysts anticipate that Rubrik will post -1.45 earnings per share for the current year.

Insider Activity at Rubrik

In related news, Director John Wendell Thompson sold 11,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $84.55, for a total transaction of $930,050.00. Following the completion of the transaction, the director directly owned 4,653 shares in the company, valued at $393,411.15. This trade represents a 70.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 2,838 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $75.00, for a total value of $212,850.00. Following the completion of the sale, the director directly owned 2,326 shares in the company, valued at $174,450. This represents a 54.96% 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 sold a total of 398,939 shares of company stock worth $27,628,167 over the last ninety days. Company insiders own 13.66% of the company’s stock.

Key Stories Impacting Rubrik

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik reported first-quarter fiscal 2027 earnings of $0.16 per share on revenue of $387.1 million, both above estimates, with revenue up 39% year over year. The beat reinforces the company’s growth momentum in cybersecurity and AI-driven data resilience. Rubrik Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management also raised guidance for both Q2 and full-year FY2027, with EPS and revenue outlooks coming in ahead of Wall Street expectations, signaling confidence in continued demand. Rubrik guidance update
• Positive Sentiment: Rubrik’s early access to Anthropic’s Mythos Research Preview could strengthen its AI-enabled cyber resilience platform and support the long-term growth story. Rubrik gets early access to Anthropic Mythos Research Preview
• Neutral Sentiment: Rubrik has also drawn attention from investors after a strong May rally and ongoing optimism around cybersecurity and AI partnerships, keeping sentiment constructive overall. A Look At Rubrik (RBRK) Valuation As AI And Cybersecurity Partnerships Draw Market Attention
• Negative Sentiment: Multiple insiders sold shares, including CTO Arvind Nithrakashyap’s large June 1 sale and additional sales by directors John Wendell Thompson and Yvonne Wassenaar, which can weigh on short-term sentiment after a sharp stock run. SEC filing for Arvind Nithrakashyap sale

Institutional Investors Weigh In On Rubrik

A number of hedge funds have recently bought and sold shares of the stock. First Trust Advisors LP raised its position in Rubrik by 42.8% in the 4th quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock valued at $540,259,000 after purchasing an additional 2,116,272 shares in the last quarter. Federated Hermes Inc. raised its position in Rubrik by 0.5% in the 4th quarter. Federated Hermes Inc. now owns 2,449,646 shares of the company’s stock valued at $187,349,000 after purchasing an additional 11,878 shares in the last quarter. State Street Corp raised its position in Rubrik by 13.2% in the 4th quarter. State Street Corp now owns 2,356,918 shares of the company’s stock valued at $180,257,000 after purchasing an additional 274,132 shares in the last quarter. PointState Capital LP raised its position in Rubrik by 23.4% in the 4th quarter. PointState Capital LP now owns 2,100,000 shares of the company’s stock valued at $160,608,000 after purchasing an additional 397,653 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Rubrik by 7.0% in the 2nd quarter. Bank of America Corp DE now owns 2,073,044 shares of the company’s stock valued at $185,724,000 after purchasing an additional 136,262 shares in 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).