Rubrik (NYSE:RBRK) Releases FY 2025 Earnings Guidance

Rubrik (NYSE:RBRK) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -1.860–1.820 for the period, compared to the consensus estimate of -2.090. The company issued revenue guidance of $860.0 million-$862.0 million, compared to the consensus revenue estimate of $834.9 million. Rubrik also updated its FY25 guidance to ($1.86)-($1.82) EPS.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $64.78 on Friday. The stock’s 50-day moving average is $42.00 and its two-hundred day moving average is $35.98. Rubrik has a 1-year low of $28.34 and a 1-year high of $64.78.

Rubrik (NYSE:RBRK) last released its quarterly earnings data on Monday, September 9th. The company reported ($0.97) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.96) by ($0.01). The firm had revenue of $204.95 million during the quarter, compared to analyst estimates of $195.58 million. Sell-side analysts expect that Rubrik will post -8.04 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on RBRK. Guggenheim increased their target price on Rubrik from $48.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Barclays increased their target price on Rubrik from $42.00 to $51.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Cantor Fitzgerald raised Rubrik to a “strong-buy” rating in a research note on Wednesday, November 20th. FBN Securities assumed coverage on Rubrik in a research note on Monday, September 30th. They set an “outperform” rating and a $40.00 target price for the company. Finally, Truist Financial raised their price objective on Rubrik from $50.00 to $75.00 and gave the company a “buy” rating in a research note on Friday. One analyst has rated the stock with a hold rating, fifteen have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $55.53.

Insider Transactions at Rubrik

In related news, CRO Brian K. Mccarthy sold 104,672 shares of Rubrik stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $31.32, for a total value of $3,278,327.04. Following the transaction, the executive now owns 462,545 shares in the company, valued at approximately $14,486,909.40. This trade represents a 18.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Barry Eggers sold 100,000 shares of Rubrik stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $32.74, for a total value of $3,274,000.00. Following the completion of the transaction, the insider now owns 56,736 shares in the company, valued at $1,857,536.64. The trade was a 63.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 518,112 shares of company stock worth $18,997,746 over the last quarter.

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.