Rubrik (RBRK) to Announce Earnings on Thursday

Rubrik (NYSE:RBRK) is expected to be releasing its Q2 2027 results after the market closes on Thursday, August 27th. Analysts expect the company to post 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 report for the latest details on the call scheduled for Thursday, August 27, 2026 at 5:00 PM ET.

Rubrik (NYSE:RBRK) last posted its quarterly earnings data 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 business had revenue of $387.07 million during the quarter, compared to the consensus estimate of $366.31 million. During the same period in the prior year, the firm earned ($0.15) EPS. The business’s revenue for the quarter was up 39.0% on a year-over-year basis. On average, analysts expect Rubrik to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Rubrik Trading Down 5.4%

Shares of RBRK opened at $92.73 on Wednesday. Rubrik has a 12 month low of $42.25 and a 12 month high of $106.50. The firm’s 50 day moving average is $83.20 and its 200-day moving average is $66.51. The stock has a market capitalization of $19.09 billion, a PE ratio of -63.95 and a beta of 1.17.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on RBRK. Wells Fargo & Company increased their price target on Rubrik from $90.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday. Piper Sandler reissued an “overweight” rating and set a $91.00 target price (up from $84.00) on shares of Rubrik in a report on Friday, June 5th. Loop Capital initiated coverage on Rubrik in a research report on Monday, August 3rd. They issued a “buy” rating and a $100.00 price target on the stock. Barclays boosted their price target on Rubrik from $90.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Finally, Oppenheimer set a $120.00 price objective on shares of Rubrik in a research report on Thursday, August 20th. Twenty-nine research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Rubrik currently has a consensus rating of “Moderate Buy” and an average target price of $103.96.

Insider Buying and Selling at Rubrik

In other Rubrik news, CTO Arvind Nithrakashyap sold 199,447 shares of Rubrik stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $84.28, for a total value of $16,809,393.16. Following the transaction, the chief technology officer owned 314,048 shares in the company, valued at $26,467,965.44. The trade was a 38.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $82.65, for a total value of $909,150.00. Following the transaction, the director directly owned 8,362 shares of the company’s stock, valued at approximately $691,119.30. The trade was a 56.81% decrease in their position. 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 327,682 shares of company stock worth $27,385,376 over the last 90 days. Insiders own 13.66% of the company’s stock.

Hedge Funds Weigh In On Rubrik

A number of institutional investors have recently added to or reduced their stakes in RBRK. First Trust Advisors LP boosted its position in Rubrik by 42.8% in the fourth 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 in the last quarter. Federated Hermes Inc. lifted its stake in shares of Rubrik by 0.5% in the 4th quarter. Federated Hermes Inc. now owns 2,449,646 shares of the company’s stock valued at $187,349,000 after acquiring an additional 11,878 shares during the last quarter. State Street Corp lifted its stake in shares of Rubrik by 13.2% in the 4th quarter. State Street Corp now owns 2,356,918 shares of the company’s stock valued at $180,257,000 after acquiring an additional 274,132 shares during the last quarter. PointState Capital LP boosted its holdings in shares of Rubrik by 23.4% during the 4th quarter. PointState Capital LP now owns 2,100,000 shares of the company’s stock valued at $160,608,000 after acquiring an additional 397,653 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Rubrik by 7.0% during the 2nd quarter. Bank of America Corp DE now owns 2,073,044 shares of the company’s stock valued at $185,724,000 after acquiring an additional 136,262 shares in the last quarter. 49.54% of the stock is currently owned by institutional investors and hedge funds.

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).