THOMPSON JOHN WENDELL sold $979K of RBRK

Rubrik (RBRK) rose 28.6% in August 2026, driven by a cybersecurity rally and strong earnings. Q2 2027 earnings showed a profit of $0.20 per share and 41% revenue growth. The stock trades at 12.7x sales and 68x free cash flow, with analysts calling the post-earnings drop a buying opportunity. The company's growth and market position make it appealing despite its high valuation and volatility.

Rubrik, Inc. (RBRK) reported Q2 fiscal 2027 revenue of $427.3M, up 38% YoY, beating estimates. EPS was $0.20, above consensus. Subscription ARR rose 33% to $1.66B. Guidance was raised. Despite strong results, shares dropped 13% post-earnings, possibly due to high expectations. Free cash flow grew 14% YoY, but margins declined. Hedge fund holdings decreased slightly, and short interest is around 9%.

Rubrik (RBRK) reported a 1.66B annual recurring revenue and positive cash flow, driven by subscription growth. Despite this, the company continues to report quarterly losses.

Rubrik, Inc. reported Q2 2026 revenue of $427.26M, up 37.9% YoY, with a net loss of $61.78M. Subscription revenue grew 39% YoY, driven by RSC adoption. ARR reached $1.66B, up 33% YoY. The company invested in R&D and sales/marketing for SaaS scaling and RAC launch.

Rubrik reported Q2 earnings with adjusted EPS of $0.20, beating estimates by $0.16. Revenue and earnings guidance exceeded expectations. Analysts raised price targets, with a consensus near pre-release highs. Institutional investors have been accumulating shares. Risks include high valuation and competition, notably from Microsoft. The company expects GAAP profitability by 2028.

Guggenheim analysts reiterated Buy ratings on Rubrik (RBRK) with a $116 target, Autodesk (ADSK) with a $283 target, and Elastic (ESTC) with a $120 target. Consensus targets suggest 12.1%, 16.9%, and 18.2% upside respectively. TipRanks also upgraded ESTC to Buy with an $89 target.