Rubrik (NYSE:RBRK) Price Target Raised to $105.00

Posted by Stanley Muller on Aug 29th, 2026

Rubrik (NYSE:RBRK – Free Report) had its price objective increased by Rosenblatt Securities from $95.00 to $105.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other analysts have also recently commented on the company. Piper Sandler reissued an “overweight” rating and issued a $91.00 price target (up from $84.00) on shares of Rubrik in a report on Friday, June 5th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Rubrik in a report on Wednesday, August 19th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Rubrik in a research report on Friday, June 5th. Citigroup raised their target price on Rubrik from $88.00 to $96.00 and gave the company a “buy” rating in a report on Friday, June 5th. Finally, Oppenheimer set a $120.00 target price on shares of Rubrik in a research report on Thursday, August 20th. Twenty-nine research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Rubrik has an average rating of “Moderate Buy” and an average target price of $111.96.

View Our Latest Report on RBRK

Rubrik Stock Down 12.9%

Shares of NYSE:RBRK opened at $93.17 on Wednesday. The company has a market cap of $19.18 billion, a P/E ratio of -73.94 and a beta of 1.17. Rubrik has a 52 week low of $42.25 and a 52 week high of $107.91. The company has a 50-day moving average price of $84.94 and a 200 day moving average price of $67.43.

Rubrik (NYSE:RBRK – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.16. The business had revenue of $427.26 million during the quarter, compared to analysts’ expectations of $396.30 million. During the same period in the prior year, the firm posted ($0.03) EPS. Rubrik’s revenue for the quarter was up 43.9% compared to the same quarter last year. Rubrik has set its FY 2027 guidance at 0.470-0.530 EPS and its Q3 2027 guidance at 0.070-0.090 EPS. Analysts expect that Rubrik will post -1.13 EPS for the current year.

Insider Activity at Rubrik

In related news, CTO Arvind Nithrakashyap sold 199,447 shares of Rubrik stock in a transaction 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 completion of the transaction, the chief technology officer directly owned 314,048 shares of the company’s stock, valued at approximately $26,467,965.44. The trade was a 38.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kiran Kumar Choudary sold 10,000 shares of Rubrik stock in a transaction on Monday, August 24th. The stock was sold at an average price of $98.32, for a total value of $983,200.00. Following the transaction, the chief financial officer directly owned 978,073 shares of the company’s stock, valued at approximately $96,164,137.36. This represents a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 324,844 shares of company stock valued at $27,172,526 in the last ninety days. Corporate insiders own 13.66% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp boosted its position in shares of Rubrik by 100.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after buying an additional 200 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in Rubrik during the 3rd quarter valued at about $34,000. Triumph Capital Management purchased a new position in Rubrik during the 4th quarter valued at about $33,000. Los Angeles Capital Management LLC acquired a new position in Rubrik during the fourth quarter worth about $35,000. Finally, Advocate Investing Services LLC acquired a new position in Rubrik during the fourth quarter worth about $38,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Rubrik News Roundup

Here are the key news stories impacting Rubrik this week:

Positive Sentiment: Strong earnings beat and raised outlook: Rubrik reported fiscal Q2 EPS of $0.20 versus the $0.04 consensus and revenue of $427.3 million versus expectations of $396.3 million. Revenue increased 43.9% year over year. Management guided fiscal 2027 revenue to approximately $1.7 billion and EPS to $0.47–$0.53, well above consensus estimates. Rubrik Q2 earnings report
Positive Sentiment: Analyst targets moved higher: BMO Capital Markets, Barclays, and DA Davidson raised their price targets to $115, while KeyCorp raised its target to $120 and BTIG lifted its target to $125. The firms maintained bullish ratings, supporting the view that the post-earnings pullback may offer an entry opportunity. DA Davidson analyst report
Positive Sentiment: AI security opportunity: Rubrik is emphasizing the growing threat from autonomous AI agents and positioning its data-security platform to address that risk, potentially expanding demand as businesses adopt AI. Rubrik AI threats article
Neutral Sentiment: Rubrik added Rakefet Russak-Aminoach to its board, expanding the board from eight to nine members. The appointment may add strategic expertise but has limited immediate earnings impact. Rubrik board appointment
Negative Sentiment: Margin concerns overshadowed the beat: Coverage indicates that gross-margin slippage and the stock’s elevated valuation prompted investors to lock in gains after the earnings release. Shares had climbed to roughly $107.7 before retreating, suggesting expectations were already very high. Rubrik gross margin article

Rubrik Company Profile

(Get Free Report)

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).