Date | Price Target | Rating | Analyst |
---|---|---|---|
5/15/2025 | $97.00 | Buy | Roth Capital |
5/15/2025 | $86.00 | Outperform → Neutral | Mizuho |
3/14/2025 | $72.00 → $77.00 | Outperform | BMO Capital Markets |
3/12/2025 | $77.00 | Neutral → Buy | Rosenblatt |
2/7/2025 | Mkt Perform | William Blair | |
12/17/2024 | $77.00 | Neutral | Rosenblatt |
12/6/2024 | $38.00 → $72.00 | Outperform | BMO Capital Markets |
11/13/2024 | Perform | Oppenheimer | |
9/10/2024 | $40.00 → $38.00 | Outperform | BMO Capital Markets |
8/19/2024 | $42.00 | Overweight | Piper Sandler |
Six years running: Cybersecurity company positioned furthest in Vision in this year's report Rubrik (NYSE:RBRK), the cybersecurity company, has been recognized by Gartner Inc. as a Leader and positioned furthest in Vision in the 2025 Magic Quadrant for Backup and Data Protection Platforms. Today's announcement comes on the heels of Rubrik entering an agreement to acquire Predibase to accelerate agentic AI adoption. "Cyber resilience is the future of cybersecurity. Between increasingly sophisticated cyberattacks and data sprawl across hybrid environments, the stakes are only getting higher," said Bipul Sinha, CEO, Chairman, and Co-founder of Rubrik. "Organizations today require more than
Provides enterprise AI teams access to GenAI model and serving layer in addition to Rubrik's ready-to-use, secure and governed data lake Turbocharges model accuracy, while reducing inference time and lowering cost by up to 80% Enhances Rubrik's leading engineering talent with Predibase's team. Founders are highly respected Google and Uber AI team alumni, who created the open source LoRA eXchange project. Rubrik, Inc. (NYSE:RBRK) announced it has entered into an agreement to acquire Predibase to accelerate agentic AI adoption from pilot to production at scale. Together, Predibase and Rubrik will deliver radical simplicity in models and data, resulting in improved accuracy, lower co
Strategic capital raise with proceeds used to enhance strategic flexibility, including debt refinancing A portion of the proceeds to be used to pay for capped call transactions to offset any share dilution up to a 100% premium to the current stock price Rubrik, Inc. ("Rubrik") (NYSE:RBRK), today announced the pricing of $1.0 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the "Notes") in a private placement (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Rubrik also granted the initial purchasers of the Notes an option to pur
Strategic capital raise with proceeds used to enhance strategic flexibility, including debt refinancing A portion of the proceeds to be used to pay for capped call transactions to help offset share dilution upon any conversion of the notes Rubrik, Inc. ("Rubrik") (NYSE:RBRK), today announced its intent to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of Convertible Senior Notes due 2030 (the "Notes") in a private placement (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Rubrik also intends to grant the initial
Results exceeded all guided metrics First quarter subscription ARR grew 38% year-over-year to $1.18 billion First quarter revenue grew 49% year-over-year to $278.5 million 2,381 customers with $100K or more in Subscription ARR, up 28% year-over-year Rubrik, Inc. (NYSE:RBRK), the cyber resilience company, today announced financial results for the first quarter fiscal year 2026, ended April 30, 2025. "Our outstanding first-quarter results not only surpassed all guided metrics but also underscore the power of our focused innovation and execution. We are winning the cyber resilience market, and I believe that our opportunity is bigger than ever," said Bipul Sinha, Rubrik's Chief
Rubrik, a leading cyber security company, today announced it is integrating AMD EPYC™ processors across Rubrik's data security platform. By using AMD EPYC processors, Rubrik can deliver cost-effective, power-efficient and AI-ready solutions for enterprise customers while expanding deployment options in cloud environments. Shifts in Enterprise Computing This strategic expansion reflects a broader market shift in enterprise computing. With organizations moving from on-premises to cloud environments and the appetite for AI-powered solutions growing, organizations are increasingly embracing AMD technology for mission-critical workloads, particularly among financial services leaders and othe
SAN ANTONIO, May 21, 2025 (GLOBE NEWSWIRE) -- Rubrik (NYSE:RBRK), a leading cyber resilience company, and Rackspace Technology (NASDAQ:RXT), a leading end-to-end hybrid cloud and AI solutions company, have announced Rackspace Cyber Recovery Service – a new managed service for customers operating in public cloud. By combining Rubrik's orchestrated data protection and cyber recovery solutions with Rackspace's DevOps principles and managed services, enterprises can simplify and accelerate recovery from ransomware attacks. Automated workflows deliver clean data and workloads through immutable backups, zero-trust architecture and Infrastructure as Code. With Rackspace Cyber Recovery Service, cr
Rubrik, Inc. (NYSE:RBRK), a cybersecurity company, today announces that it will release financial results for its first quarter fiscal 2026 ended April 30, 2025, after the market closes on Thursday, June 5, 2025. Management will also host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the Company's financial results. A live webcast of the conference call and related materials can be accessed from the Company's investor relations website at https://ir.rubrik.com. Following the call, a replay of the webcast will also be available on the investor relations website. About Rubrik Rubrik (NYSE:RBRK) is on a mission to secure the world's data. With Zero Trust Data Securi
SAN FRANCISCO, April 30, 2025 (GLOBE NEWSWIRE) -- LIVE! from RSAC, Rubrik (NYSE:RBRK), a leading cybersecurity company, and Rackspace Technology® (NASDAQ:RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced a strategic partnership. The two companies will collaborate to deliver a fully managed isolated recovery service, Rackspace Cyber Recovery Cloud powered by Rubrik, to help enterprises achieve true cyber resilience and ensure business continuity in the event of a cyber attack. By combining Rubrik's data protection and cyber recovery software with Rackspace's hybrid cloud expertise and global data center footprint, this partnership addresses immediate cyber r
Disrupt Identity-Based Attacks: Counter fastest-growing threat vector with advanced resilience for complex identity environments Unified Protection on One Platform: Designed for data and identity security to eliminate vulnerabilities from disparate point solutions Complete Resilience Coverage: Protect across on-premises, cloud, and SaaS with visibility into data and identity interactions to accelerate detection and recovery In a world of nonstop cyberattacks, Rubrik (NYSE:RBRK) today announced its upcoming solution, Identity Resilience, designed to secure the entire identity landscape alongside data. Identity Resilience aims to protect the most common entry points for attackers – hum
Rubrik, Inc. (NYSE:RBRK), a cybersecurity company, today announces that it will release financial results for its first quarter fiscal 2026 ended April 30, 2025, after the market closes on Thursday, June 5, 2025. Management will also host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the Company's financial results. A live webcast of the conference call and related materials can be accessed from the Company's investor relations website at https://ir.rubrik.com. Following the call, a replay of the webcast will also be available on the investor relations website. About Rubrik Rubrik (NYSE:RBRK) is on a mission to secure the world's data. With Zero Trust Data Securi
Rubrik, Inc. (NYSE:RBRK), a cybersecurity company, today announces that it will release financial results for its fourth quarter and fiscal year 2025 ended January 31, 2025, after the market closes on Thursday, March 13, 2025. Management will also host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the Company's financial results. A live webcast of the conference call and related materials can be accessed from the Company's investor relations website at https://ir.rubrik.com. Following the call, a replay of the webcast will also be available on the investor relations website. About Rubrik Rubrik (NYSE:RBRK) is on a mission to secure the world's data. With Zero
Rubrik, Inc. (NYSE:RBRK), the Zero Trust Data Security™ Company, today announces that it will release financial results for its third quarter fiscal 2025 ended October 31, 2024, after the market closes on Thursday, December 5, 2024. Management will also host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the Company's financial results. A live webcast of the conference call and related materials can be accessed from the Company's investor relations website at https://ir.rubrik.com. Following the call, a replay of the webcast will also be available on the investor relations website. About Rubrik Rubrik (NYSE:RBRK) is on a mission to secure the world's data. With Ze
Rubrik, Inc. (NYSE:RBRK), the Zero Trust Data Security™ Company, today announces that it will release financial results for its second quarter fiscal 2025 ended July 31, 2024, after the market closes on Monday, September 9, 2024. Management will also host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the Company's financial results. A live webcast of the conference call and related materials can be accessed from the Company's investor relations website at https://ir.rubrik.com. Following the call, a replay of the webcast will also be available on the investor relations website. IPO Lock-up Termination At the opening of regular trading on Wednesday, September
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Roth Capital initiated coverage of Rubrik with a rating of Buy and set a new price target of $97.00
Mizuho downgraded Rubrik from Outperform to Neutral and set a new price target of $86.00
BMO Capital Markets reiterated coverage of Rubrik with a rating of Outperform and set a new price target of $77.00 from $72.00 previously
Rosenblatt upgraded Rubrik from Neutral to Buy and set a new price target of $77.00
William Blair initiated coverage of Rubrik with a rating of Mkt Perform
Rosenblatt initiated coverage of Rubrik with a rating of Neutral and set a new price target of $77.00
BMO Capital Markets reiterated coverage of Rubrik with a rating of Outperform and set a new price target of $72.00 from $38.00 previously
Oppenheimer initiated coverage of Rubrik with a rating of Perform
BMO Capital Markets reiterated coverage of Rubrik with a rating of Outperform and set a new price target of $38.00 from $40.00 previously
Piper Sandler initiated coverage of Rubrik with a rating of Overweight and set a new price target of $42.00
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Building on a milestone year for the company, Rubrik (NYSE:RBRK) today announced the appointment of Kavitha Mariappan as its Chief Transformation Officer (CTxO). This newly created role is aimed at deepening executive engagement and accelerating cyber resilience outcomes for global enterprises and public sector organizations. A veteran go-to-market executive and respected thought leader, Mariappan brings a wealth of experience across enterprise software and cybersecurity, with past executive and leadership roles at industry powerhouses such as Zscaler, Databricks, and Cisco. Most recently, she served as Executive Vice President of Customer Experience and Transformation at Zscaler, where sh
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