Rubrik (NYSE:RBRK) Posts Quarterly Earnings Results, Beats Expectations By $0.19 EPS

Posted by Brenda Bartman on Jun 4th, 2026

Rubrik (NYSE:RBRK – Get Free Report) released its earnings results on Thursday. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.19, FiscalAI reports. The company had revenue of $387.07 million during the quarter, compared to the consensus estimate of $366.31 million. Rubrik updated its FY 2027 guidance to 0.250-0.350 EPS and its Q2 2027 guidance to 0.030-0.050 EPS.

Rubrik Stock Down 3.1%

RBRK traded down $2.44 during midday trading on Thursday, reaching $77.02. 8,591,146 shares of the company’s stock were exchanged, compared to its average volume of 3,898,787. The firm has a market capitalization of $15.58 billion, a price-to-earnings ratio of -43.52 and a beta of 1.10. Rubrik has a one year low of $42.25 and a one year high of $103.00. The business has a 50-day simple moving average of $57.70 and a two-hundred day simple moving average of $62.50.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on RBRK shares. Piper Sandler reiterated an “overweight” rating and issued a $84.00 target price (down from $99.00) on shares of Rubrik in a research note on Friday, March 13th. Guggenheim reiterated a “buy” rating and issued a $110.00 target price on shares of Rubrik in a research note on Friday, March 13th. Wells Fargo & Company reduced their target price on shares of Rubrik from $125.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. BMO Capital Markets increased their target price on shares of Rubrik from $58.00 to $64.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Finally, Wedbush reduced their target price on shares of Rubrik from $120.00 to $90.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $85.12.

Get Our Latest Research Report on Rubrik

Rubrik News Summary

Here are the key news stories impacting Rubrik this week:

Negative Sentiment: CTO Arvind Nithrakashyap disclosed two large share sales totaling more than 212,000 shares in early June, which can weigh on sentiment even though both trades were made under a pre-arranged 10b5-1 plan. SEC filing for Arvind Nithrakashyap sale
Negative Sentiment: Director John Wendell Thompson also sold shares, adding to the perception that insiders may be taking profits after Rubrik’s strong run. SEC filing for John Wendell Thompson sale
Negative Sentiment: Director Yvonne Wassenaar disclosed another sale, reinforcing the near-term insider-selling overhang on RBRK. SEC filing for Yvonne Wassenaar sale

Insider Activity

In other Rubrik news, Director Yvonne Wassenaar sold 2,838 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $75.00, for a total transaction of $212,850.00. Following the completion of the transaction, the director owned 2,326 shares in the company, valued at $174,450. This trade represents a 54.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark D. Mclaughlin purchased 10,638 shares of the business’s stock in a transaction on Monday, March 30th. The shares were acquired at an average price of $47.21 per share, with a total value of $502,219.98. Following the purchase, the director owned 13,639 shares of the company’s stock, valued at approximately $643,897.19. This trade represents a 354.48% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have sold 398,939 shares of company stock valued at $27,628,167. 13.66% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. First Trust Advisors LP raised its stake in shares of Rubrik by 42.8% in the fourth quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock valued at $540,259,000 after acquiring an additional 2,116,272 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of Rubrik by 0.5% in the fourth quarter. Federated Hermes Inc. now owns 2,449,646 shares of the company’s stock valued at $187,349,000 after acquiring an additional 11,878 shares during the last quarter. State Street Corp raised its stake in shares of Rubrik by 13.2% in the fourth quarter. State Street Corp now owns 2,356,918 shares of the company’s stock valued at $180,257,000 after acquiring an additional 274,132 shares during the last quarter. PointState Capital LP raised its stake in shares of Rubrik by 23.4% in the fourth quarter. PointState Capital LP now owns 2,100,000 shares of the company’s stock valued at $160,608,000 after acquiring an additional 397,653 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Rubrik by 7.0% in the second quarter. Bank of America Corp DE now owns 2,073,044 shares of the company’s stock valued at $185,724,000 after acquiring an additional 136,262 shares during the last quarter. Institutional investors own 49.54% of the company’s stock.

About Rubrik

(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).