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 Performance

Shares of RBRK stock opened at $70.54 on Friday. Rubrik has a fifty-two week low of $28.34 and a fifty-two week high of $80.00. The business has a fifty day simple moving average of $68.20 and a 200-day simple moving average of $53.27.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Thursday, March 13th. The company reported ($0.61) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.22). The firm had revenue of $258.10 million during the quarter, compared to analyst estimates of $233.13 million. During the same period in the prior year, the company posted ($1.59) EPS. The firm’s quarterly revenue was up 47.5% on a year-over-year basis. On average, sell-side analysts expect that Rubrik will post -7.66 EPS for the current year.

Wall Street Analysts Forecast Growth

RBRK has been the subject of a number of research analyst reports. Truist Financial raised their price target on Rubrik from $50.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Piper Sandler lifted their price objective on Rubrik from $83.00 to $87.00 and gave the stock an “overweight” rating in a research report on Friday. Rosenblatt Securities upgraded Rubrik from a “neutral” rating to a “buy” rating and set a $77.00 price objective for the company in a research report on Wednesday. Barclays lifted their price objective on Rubrik from $51.00 to $70.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Finally, Wedbush lifted their price objective on Rubrik from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Rubrik presently has an average rating of “Buy” and a consensus target price of $69.78.

Insiders Place Their Bets

In other news, CTO Arvind Nithrakashyap sold 32,499 shares of Rubrik stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $67.66, for a total value of $2,198,882.34. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CRO Brian K. Mccarthy sold 25,000 shares of Rubrik stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $63.15, for a total value of $1,578,750.00. Following the completion of the transaction, the executive now directly owns 356,043 shares in the company, valued at $22,484,115.45. This represents a 6.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 625,712 shares of company stock valued at $41,583,311.

About Rubrik

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.