Rubrik posted Q1 revenue of $387.1 million, up 39%, and adjusted EPS of $0.16, beating estimates and raised fiscal 2027 revenue guidance to $1.64B–$1.65B with EPS outlook of $0.25–$0.35. Piper Sandler rated shares a buy and set a $91 price target, citing durable mid-20% growth and free cash flow support.
Rubrik posted first-quarter revenue of $387.1 million, a 39% year-over-year increase, and delivered adjusted EPS of $0.16, topping the $366.32 million revenue and $0.03-per-share loss estimates. The results reflect strong demand for its cloud cybersecurity and data management offerings.
Management lifted its fiscal 2027 revenue forecast to a range of $1.64 billion–$1.65 billion and raised the adjusted EPS outlook to $0.25–$0.35. The guidance boost underscores confidence in sustained growth and free cash flow generation.
All 29 analysts covering the stock maintain Buy ratings, with at least eight raising price targets. Piper Sandler set a $91 target, pointing to durable mid-20% revenue growth and robust free cash flow as key drivers.
