• For the first quarter, Rubrik reported total revenue of $387.1 million and adjusted earnings per share of $0.16, both ahead of estimates.
• For fiscal 2027, the total revenue forecast was increased to the $1.64 billion to $1.65 billion range, and adjusted EPS was raised to $0.25-$0.35.
• As per Koyfin data, all 29 analysts covering the stock continue to rate RBRK a ‘Buy’ or higher.

Shares of cloud cybersecurity and data management company Rubrik (RBRK) were in the spotlight on Friday following strong first-quarter results and subsequent Wall Street praise for the report.

Piper Sandler stated that the strong numbers should support hyper-growth durability for the next few years, in addition to building free cash flow support.

At the time of writing, RBRK stock was down more than 1% premarket and among the trending tickers on Stocktwits.

Piper’s Take On RBRK

The firm said the results were relatively good, while lead metrics and normalized growth were “still quite solid” even as revenue came a touch below its inputs, according to TheFly.

They view the slight pullback in shares as an opportunity to add to their positions, given the Gen-Z shift and the company’s go-to-market aggressiveness, which are supportive of durable growth, TheFly reported.

Piper said Rubrik is not seeing an impact from indirect supply chain exposure, as end customers prioritize data management and protection and have the option to use the cloud within the company’s ecosystem. The firm has a price target of $91, implying an upside potential of more than 18% as of the stock’s closing price on Thursday.

Other Analyst Takeaways

At least eight analysts raised the price target on the company. As per Koyfin data, all 29 analysts covering the stock continue to rate RBRK a ‘Buy’ or higher.

KeyBanc said Rubrik's diversified business, along with strong execution, has allowed it to navigate a dynamic hardware environment. The firm continues to see several tailwinds in the backup space, with the company consolidating share as its competitive position strengthens, TheFly reported.

Mizuho said it sees an "undemanding" valuation for Rubrik at current share levels. Rosenblatt cheered the "solid beat and raise" quarter amid rising demand for cyber resilience, while Stephens said the robust results have further increased its conviction in Rubrik's ability to deliver durable mid-20% growth.

Q1 Results At A Glance

For the first quarter, Rubrik reported a 39% surge in total revenue to $387.1 million, ahead of the $366.32 million estimate polled by Fiscal AI. It reported adjusted earnings per share (EPS) of $0.16, beating the $0.03-per-share loss estimate.

For fiscal 2027, it now expects total revenue to be around $1.64 billion to $1.65 billion, revised from the previously guided $1.6 billion to $1.61 billion range, and ahead of the $1.63 billion estimate.

Adjusted EPS guidance was raised to $0.25-$0.35, up from $0.07-$0.27, matching the $0.30 estimate at the midpoint of the new range.

What Do Retail Traders Think About RBRK?

On Stocktwits, retail sentiment about the RBRK stock turned ‘extremely bullish’ from ‘bullish’ amid ‘extremely high’ message volume over the last 24 hours.

One user on the platform believes RBRK is one of the best-positioned names in the sector.

RBRK stock has risen only marginally so far this year and declined nearly 22% over the last 12 months, underperforming the S&P 500.

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