Rubrik (NYSE:RBRK) Updates Q1 2026 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of -0.330–0.310 for the period, compared to the consensus earnings per share estimate of -0.500. The company issued revenue guidance of $259.0 million-$261.0 million, compared to the consensus revenue estimate of $242.4 million. Rubrik also updated its FY 2026 guidance to -1.230–1.130 EPS.

Rubrik Stock Down 3.4 %

Shares of RBRK opened at $55.19 on Friday. The stock’s 50-day moving average price is $68.42 and its two-hundred day moving average price is $53.26. Rubrik has a 12 month low of $28.34 and a 12 month high of $80.00.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, March 13th. The company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.39) by ($0.22). The company had revenue of $258.10 million during the quarter, compared to analyst estimates of $233.13 million. During the same quarter in the previous year, the firm earned ($1.59) EPS. Rubrik’s revenue was up 47.5% compared to the same quarter last year. As a group, research analysts anticipate that Rubrik will post -7.66 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Piper Sandler upped their price target on shares of Rubrik from $72.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, December 19th. Citigroup raised their target price on Rubrik from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. KeyCorp increased their price target on Rubrik from $75.00 to $87.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Robert W. Baird lowered their price objective on shares of Rubrik from $83.00 to $76.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, BMO Capital Markets raised their price target on shares of Rubrik from $38.00 to $72.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $66.72.

Insider Buying and Selling at Rubrik

In other news, CFO Kiran Kumar Choudary sold 3,973 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $72.34, for a total transaction of $287,406.82. Following the sale, the chief financial officer now directly owns 345,374 shares in the company, valued at $24,984,355.16. This represents a 1.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CTO Arvind Nithrakashyap sold 32,484 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $61.59, for a total transaction of $2,000,689.56. Following the completion of the sale, the chief technology officer now directly owns 219,279 shares in the company, valued at approximately $13,505,393.61. The trade was a 12.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 625,712 shares of company stock valued at $41,583,311 in the last 90 days.

Rubrik Company Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.