Rubrik (NYSE:RBRK) Price Target Cut to $44.00 by Analysts at Wedbush

Rubrik (NYSE:RBRK) had its price target lowered by Wedbush from $50.00 to $44.00 in a report published on Tuesday, MarketBeat.com reports. The firm currently has an outperform rating on the stock. Wedbush also issued estimates for Rubrik’s Q3 2025 earnings at ($0.84) EPS, Q4 2025 earnings at ($0.80) EPS, FY2025 earnings at ($7.85) EPS, Q1 2026 earnings at ($0.80) EPS, Q2 2026 earnings at ($0.80) EPS, Q3 2026 earnings at ($0.81) EPS, Q4 2026 earnings at ($0.82) EPS and FY2026 earnings at ($3.23) EPS.

Several other equities analysts have also commented on RBRK. Mizuho assumed coverage on shares of Rubrik in a research note on Monday, May 20th. They issued a buy rating and a $46.00 price target on the stock. Barclays increased their price objective on Rubrik from $41.00 to $42.00 and gave the company an overweight rating in a report on Wednesday, June 12th. Deutsche Bank Aktiengesellschaft started coverage on Rubrik in a report on Monday, May 20th. They issued a buy rating and a $42.00 price objective for the company. CIBC started coverage on Rubrik in a report on Tuesday, May 21st. They issued an outperformer rating and a $50.00 price objective for the company. Finally, Citigroup increased their price objective on Rubrik from $46.00 to $47.00 and gave the company a buy rating in a report on Thursday, June 13th. Fifteen investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of Buy and an average target price of $44.69.

Rubrik Stock Performance

Shares of Rubrik stock opened at $30.50 on Tuesday. Rubrik has a 52 week low of $28.34 and a 52 week high of $40.00. The company has a 50 day moving average of $33.54.

Rubrik (NYSE:RBRK) last announced its quarterly earnings results on Tuesday, June 11th. The company reported ($11.47) EPS for the quarter, missing the consensus estimate of ($10.88) by ($0.59). The business had revenue of $187.32 million for the quarter, compared to the consensus estimate of $171.60 million. Analysts anticipate that Rubrik will post -7.93 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Register Financial Advisors LLC purchased a new position in Rubrik in the second quarter worth $227,000. Sei Investments Co. purchased a new position in Rubrik in the second quarter worth $235,000. PFG Investments LLC purchased a new position in Rubrik in the second quarter worth $242,000. Natixis Advisors LLC purchased a new position in Rubrik in the second quarter worth $406,000. Finally, Bank of Montreal Can purchased a new position in Rubrik in the second quarter worth $427,000.

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.