Rubrik (NYSE:RBRK) Hits New 52-Week High – Should You Buy?

Posted by Stanley Muller on Aug 13th, 2026

Shares of Rubrik, Inc. (NYSE:RBRK – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $99.95 and last traded at $98.06, with a volume of 5984040 shares changing hands. The stock had previously closed at $90.07.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Loop Capital initiated coverage on Rubrik in a research note on Monday, August 3rd. They issued a “buy” rating and a $100.00 target price on the stock. Jefferies Financial Group set a $90.00 price objective on Rubrik in a research report on Friday, June 5th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Rubrik in a research note on Friday, June 5th. Barclays raised their target price on Rubrik from $70.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Rubrik in a research report on Monday, June 1st. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Rubrik currently has a consensus rating of “Moderate Buy” and an average price target of $94.20.

Get Our Latest Analysis on Rubrik

Rubrik Stock Performance

The firm has a 50 day simple moving average of $78.13 and a 200 day simple moving average of $63.94. The firm has a market cap of $19.90 billion, a P/E ratio of -66.69 and a beta of 1.17.

Rubrik (NYSE:RBRK – Get Free Report) last posted its earnings results on Thursday, June 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.19. The firm had revenue of $387.07 million during the quarter, compared to analysts’ expectations of $366.31 million. During the same quarter in the prior year, the company earned ($0.15) earnings per share. The business’s revenue for the quarter 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. Sell-side analysts predict that Rubrik, Inc. will post -1.16 EPS for the current fiscal year.

Insider Activity at Rubrik

In related news, Director John Wendell Thompson sold 11,000 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $82.65, for a total transaction of $909,150.00. Following the transaction, the director owned 8,362 shares of the company’s stock, valued at approximately $691,119.30. This trade represents a 56.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Arvind Nithrakashyap sold 199,447 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $84.28, for a total value of $16,809,393.16. Following the sale, the chief technology officer directly owned 314,048 shares of the company’s stock, valued at approximately $26,467,965.44. This trade represents a 38.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 317,682 shares of company stock valued at $26,402,176. Insiders own 13.66% of the company’s stock.

Hedge Funds Weigh In On Rubrik

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pictet Asset Management Holding SA increased its position in shares of Rubrik by 104.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company’s stock valued at $162,572,000 after purchasing an additional 1,696,342 shares during the last quarter. Norges Bank purchased a new stake in shares of Rubrik in the fourth quarter worth $345,907,000. Legal & General Group Plc increased its stake in shares of Rubrik by 8.6% in the fourth quarter. Legal & General Group Plc now owns 1,904,810 shares of the company’s stock worth $145,680,000 after purchasing an additional 151,234 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Rubrik by 11.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 280,448 shares of the company’s stock valued at $22,514,000 after purchasing an additional 28,056 shares during the period. Finally, Stephens Investment Management Group LLC lifted its stake in shares of Rubrik by 47.4% during the 4th quarter. Stephens Investment Management Group LLC now owns 595,851 shares of the company’s stock valued at $45,571,000 after buying an additional 191,738 shares in the last quarter. 49.54% of the stock is owned by institutional investors.

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).