Rubrik Inc. (NYSE:RBRK) on Thursday posted better-than-expected second-quarter results.
Rubrik reported quarterly earnings of 22 cents per share, which blew past the analyst consensus estimate of four cents, according to Benzinga Pro data. Quarterly revenue came in at $427.26 million, which beat the analyst consensus estimate of $396.278 million. Subscription revenue was $407.2 million, a 37% increase compared to $297 million in the second quarter of fiscal 2026.
"Mythos and frontier AI models have fundamentally changed the cybersecurity landscape. This new reality demands not only machine-speed cyber recovery but also autonomous runtime AI agent security," said Bipul Sinha, Rubrik’s CEO.
Rubrik raised its fiscal 2027 adjusted EPS guidance to 47 cents to 53 cents, versus the 31 cent analyst estimate, and raised its revenue outlook to $1.685 billion to $1.693 billion, versus the $1.65 billion estimate.
Rubrik shares fell 5.6% to $101.01 in pre-market trading
These analysts made changes to their price targets on Rubrik following earnings announcement.
- BTIG analyst Gray Powell maintained the stock with a Buy and raised the price target from $109 to $125.
- BMO Capital analyst Keith Bachman maintained the stock with an Outperform rating and raised the price target from $98 to $115.
- Keybanc analyst Eric Heath maintained the stock with an Overweight rating and raised the price target from $112 to $120.
Considering buying RBRK stock? Here’s what analysts think:
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