DA Davidson Issues Positive Forecast for Rubrik (NYSE:RBRK) Stock Price

Posted by Stanley Muller on Jun 5th, 2026

Rubrik (NYSE:RBRK – Get Free Report) had its price target lifted by research analysts at DA Davidson from $70.00 to $90.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. DA Davidson’s target price suggests a potential upside of 16.85% from the stock’s current price.

A number of other analysts have also issued reports on RBRK. Barclays restated an “overweight” rating on shares of Rubrik in a research report on Friday. Jefferies Financial Group set a $90.00 target price on shares of Rubrik in a research report on Friday. The Goldman Sachs Group decreased their target price 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. Wolfe Research restated an “outperform” rating and set a $95.00 target price on shares of Rubrik in a research report on Friday. Finally, Truist Financial set a $90.00 target price on shares of Rubrik in a research report on Friday. Twenty-eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $89.12.

Check Out Our Latest Stock Analysis on RBRK

Rubrik Stock Down 3.1%

RBRK opened at $77.02 on Friday. The firm has a market cap of $15.58 billion, a P/E ratio of -43.52 and a beta of 1.10. Rubrik has a 52 week low of $42.25 and a 52 week high of $103.00. The business’s fifty day simple moving average is $58.27 and its 200 day simple moving average is $62.54.

Rubrik (NYSE:RBRK – Get Free Report) last posted its quarterly earnings data on Thursday, June 4th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The company had revenue of $387.07 million for the quarter, compared to analyst estimates of $366.28 million. The firm’s revenue was up 39.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.15) EPS. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. As a group, equities analysts expect that Rubrik will post -1.45 EPS for the current fiscal year.

Insider Buying and Selling

In other Rubrik news, Director Yvonne Wassenaar sold 2,838 shares of Rubrik stock in a transaction on Friday, May 29th. The shares were sold at an average price of $75.00, for a total value of $212,850.00. Following the transaction, the director owned 2,326 shares in the company, valued at $174,450. This trade represents a 54.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wendell Thompson sold 11,000 shares of Rubrik stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $84.55, for a total value 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 represents a 70.27% decrease in their ownership of the stock. 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 398,939 shares of company stock worth $27,628,167 over the last 90 days. Company insiders own 13.66% of the company’s stock.

Hedge Funds Weigh In On Rubrik

Hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC lifted its holdings in Rubrik by 12.0% in the 2nd quarter. NewEdge Advisors LLC now owns 1,400 shares of the company’s stock worth $125,000 after buying an additional 150 shares in the last quarter. Atlantic Union Bankshares Corp lifted its holdings in 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. CI Investments Inc. lifted its holdings in Rubrik by 31.7% in the 3rd quarter. CI Investments Inc. now owns 859 shares of the company’s stock worth $71,000 after buying an additional 207 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in Rubrik by 24.3% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,146 shares of the company’s stock worth $94,000 after buying an additional 224 shares in the last quarter. Finally, Creative Planning lifted its holdings in Rubrik by 5.3% in the 2nd quarter. Creative Planning now owns 4,668 shares of the company’s stock worth $418,000 after buying an additional 236 shares in the last quarter. 49.54% of the stock is owned by institutional investors and hedge funds.

More Rubrik News

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

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).