Rubrik (RBRK) Expected to Post Earnings on Thursday

Rubrik (NYSE:RBRK) is anticipated to post its Q2 2027 results after the market closes on Thursday, August 27th. Analysts expect the company to announce earnings of $0.0391 per share and revenue of $396.3010 million for the quarter. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. Individuals can check the company’s upcoming Q2 2027 earning summary page for the latest details on the call scheduled for Thursday, August 27, 2026 at 5:00 PM ET.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, June 4th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19. The firm had revenue of $387.07 million during the quarter, compared to analyst estimates of $366.31 million. During the same period in the prior year, the business posted ($0.15) EPS. The firm’s quarterly revenue was up 39.0% compared to the same quarter last year. On average, analysts expect Rubrik to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Rubrik Stock Down 2.1%

NYSE:RBRK opened at $98.03 on Tuesday. The company has a market cap of $20.18 billion, a P/E ratio of -67.61 and a beta of 1.17. Rubrik has a twelve month low of $42.25 and a twelve month high of $106.50. The business has a 50 day moving average price of $82.73 and a two-hundred day moving average price of $66.22.

Insiders Place Their Bets

In other Rubrik news, Director Yvonne Wassenaar sold 721 shares of Rubrik stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $75.00, for a total transaction of $54,075.00. Following the completion of the transaction, the director directly owned 3,917 shares of the company’s stock, valued at $293,775. The trade was a 15.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Arvind Nithrakashyap sold 12,820 shares of Rubrik stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $83.71, for a total transaction of $1,073,162.20. Following the transaction, the chief technology officer directly owned 293,293 shares of the company’s stock, valued at approximately $24,551,557.03. This trade represents a 4.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 317,682 shares of company stock worth $26,402,176 in the last quarter. Insiders own 13.66% of the company’s stock.

Institutional Trading of Rubrik

A number of hedge funds have recently modified their holdings of the stock. First Trust Advisors LP grew its stake in Rubrik by 42.8% in the 4th quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock valued at $540,259,000 after buying an additional 2,116,272 shares during the last quarter. AQR Capital Management LLC acquired a new stake in Rubrik during the third quarter worth approximately $97,828,000. State Street Corp lifted its position in Rubrik by 139.7% during the second quarter. State Street Corp now owns 1,771,475 shares of the company’s stock worth $158,706,000 after acquiring an additional 1,032,497 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Rubrik by 364.8% during the third quarter. Invesco Ltd. now owns 1,074,025 shares of the company’s stock worth $88,339,000 after acquiring an additional 842,939 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Rubrik during the second quarter worth approximately $61,969,000. Institutional investors and hedge funds own 49.54% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. BTIG Research restated a “buy” rating and set a $91.00 target price on shares of Rubrik in a report on Thursday, June 11th. DA Davidson reiterated a “buy” rating and issued a $90.00 price target (up from $70.00) on shares of Rubrik in a research note on Thursday, June 11th. Robert W. Baird boosted their price target on shares of Rubrik from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, June 11th. Oppenheimer set a $120.00 price objective on shares of Rubrik in a research note on Thursday. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $95.00 target price on shares of Rubrik in a research report on Friday, June 5th. Twenty-nine research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $102.00.

About Rubrik

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).