Wedbush Raises Rubrik (NYSE:RBRK) Price Target to $48.00

Rubrik (NYSE:RBRK) had its price target lifted by Wedbush from $44.00 to $48.00 in a research note published on Wednesday, Benzinga reports. The brokerage currently has an outperform rating on the stock. Wedbush also issued estimates for Rubrik’s Q4 2025 earnings at ($0.78) EPS, FY2025 earnings at ($7.84) EPS, Q2 2026 earnings at ($0.77) EPS, Q4 2026 earnings at ($0.81) EPS and FY2026 earnings at ($3.21) EPS.

Other equities analysts have also issued research reports about the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $50.00 target price on shares of Rubrik in a research report on Tuesday, September 10th. Wells Fargo & Company lowered their price objective on shares of Rubrik from $42.00 to $40.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 10th. Robert W. Baird initiated coverage on shares of Rubrik in a research report on Monday, July 15th. They issued an “outperform” rating and a $42.00 target price for the company. Citigroup increased their price target on Rubrik from $47.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, September 11th. Finally, FBN Securities began coverage on Rubrik in a research report on Monday, September 30th. They set an “outperform” rating and a $40.00 price objective for the company. Sixteen investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Rubrik presently has a consensus rating of “Buy” and a consensus target price of $44.65.

Rubrik Stock Performance

Shares of NYSE RBRK opened at $39.54 on Wednesday. The business has a 50 day moving average price of $33.98. Rubrik has a 52-week low of $28.34 and a 52-week high of $41.33.

Rubrik (NYSE:RBRK) last issued its earnings results on Monday, September 9th. The company reported ($0.97) EPS for the quarter, missing the consensus estimate of ($0.96) by ($0.01). The business had revenue of $204.95 million during the quarter, compared to analyst estimates of $195.58 million. On average, research analysts anticipate that Rubrik will post -7.95 earnings per share for the current year.

Insider Transactions at Rubrik

In related news, Director Ravi Mhatre sold 15,933 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $30.19, for a total value of $481,017.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Rubrik news, CFO Kiran Kumar Choudary sold 51,924 shares of Rubrik stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $31.41, for a total value of $1,630,932.84. Following the sale, the chief financial officer now directly owns 493,360 shares in the company, valued at approximately $15,496,437.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ravi Mhatre sold 15,933 shares of the business’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $30.19, for a total transaction of $481,017.27. The disclosure for this sale can be found here. Insiders sold a total of 368,329 shares of company stock valued at $12,241,803 over the last three months.

Institutional Investors Weigh In On Rubrik

Several large investors have recently made changes to their positions in the company. Dragoneer Investment Group LLC purchased a new position in Rubrik during the 2nd quarter valued at approximately $47,523,000. Clearbridge Investments LLC purchased a new position in shares of Rubrik in the second quarter valued at $32,888,000. EPIQ Capital Group LLC bought a new stake in Rubrik in the second quarter worth $15,111,000. SG Americas Securities LLC purchased a new stake in Rubrik during the third quarter valued at $10,200,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Rubrik during the second quarter valued at $7,665,000.

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.