| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/10/2024 | $40.00 → $38.00 | Outperform | BMO Capital Markets |
| 8/19/2024 | $42.00 | Overweight | Piper Sandler |
| 7/15/2024 | $42.00 | Outperform | Robert W. Baird |
| 6/6/2024 | $40.00 | Market Perform → Outperform | BMO Capital Markets |
| 5/31/2024 | $50.00 | Overweight | Cantor Fitzgerald |
| 5/20/2024 | $42.00 | Buy | Deutsche Bank |
| 5/20/2024 | $42.00 | Overweight | CapitalOne |
| 5/20/2024 | $50.00 | Outperform | Wedbush |
| 5/20/2024 | $46.00 | Buy | Citigroup |
| 5/20/2024 | $40.00 | Market Perform | BMO Capital Markets |
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
4 - Rubrik, Inc. (0001943896) (Issuer)
144 - Rubrik, Inc. (0001943896) (Subject)
144 - Rubrik, Inc. (0001943896) (Subject)
10-Q - Rubrik, Inc. (0001943896) (Filer)
8-K - Rubrik, Inc. (0001943896) (Filer)
10-Q - Rubrik, Inc. (0001943896) (Filer)
8-K - Rubrik, Inc. (0001943896) (Filer)
SC 13G - Rubrik, Inc. (0001943896) (Subject)
New capabilities help customers proactively reduce the risk of sensitive data exposure and exfiltration, accelerating secure adoption of Microsoft 365 Copilot As organizations and their volume of Microsoft 365 data grow, protecting sensitive data and managing access has become even more important. The need for strong security and governance practices is only intensified as more organizations leverage powerful AI tools like Microsoft 365 Copilot. Today Rubrik, Inc. (NYSE:RBRK) announces Rubrik Data Security Posture Management (DSPM) for Microsoft 365 Copilot to provide greater visibility and control of sensitive data, reduce the risk of exposure, and empower organizations to quickly and sec
Combined Strengths: Rubrik Security Cloud and Pure Storage Platform provide a modern solution architecture for short- and long-term data storage and protection. Data, the New Currency: Partnership ensures organizations' critical data is secure and quickly recoverable with solid performance, scalability, and cost management. Data is the new currency in today's digital economy. However, organizations face unprecedented challenges with exponential data growth, including performance bottlenecks, a lack of practical data visibility, and increasing cyber threats. Today, Rubrik, Inc. (NYSE:RBRK), the Zero Trust Data Security™ company, and Pure Storage (NYSE:PSTG), the IT pioneer that delivers
The newest workload expands Rubrik's data security capabilities within the evolving hypervisor market Extends rapid recovery to clean rooms for proactive testing, recovery plan validation, and forensic investigations Rubrik (NYSE:RBRK), the Zero Trust Data Security™ Company, today announces its Rubrik Cyber Recovery capabilities are now available for Nutanix AHV, a modern and secure virtualization platform that powers both virtual machines (VMs) and containers on-premises and in public clouds. With Rubrik Cyber Recovery, Nutanix AHV users can now confidently test and validate their recovery plans in clean rooms and expedite their forensic investigations, helping to provide cyber resili
Rubrik, Inc. (NYSE:RBRK), the Zero Trust Data Security™ Company, today announced that it is scheduled to present at the following investor conference: Goldman Sachs Communacopia + Technology Conference Location: San Francisco Date: Thursday, September 12, 2024 Presentation Time: 8:50 a.m. PT The presentation will be webcast live and archived on the Company's investor relations website at https://ir.rubrik.com. About Rubrik Rubrik (NYSE:RBRK) is on a mission to secure the world's data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning,
Results exceeded all guided metrics Subscription ARR grew 40% year-over-year to $919.1 million Revenue grew 35% year-over-year to $205.0 million 1,969 customers with $100K or more in Subscription ARR, up 35% year-over-year Company raises full year guidance across all metrics Rubrik, Inc. (NYSE:RBRK), the Zero Trust Data Security™ company, today announced financial results for the second quarter fiscal year 2025, ended July 31, 2024. "The long list of recent successful cyber attacks and IT outages is driving organizations to increasingly recognize the need for a robust cyber resilience plan to ensure business continuity in the face of cyber disruptions. Our Subscription ARR up 40
Trusted Partner: The company serves more than 300 hospitals, pharmaceuticals, clinics, and biotech companies, securing their critical data and applications. Increased Growth: Rubrik achieves impressive growth across its healthcare vertical, with a more than 50% year-over-year increase in Subscription ARR as of Q1 FY 25. Healthcare Summit September 12, 2024: Virtual summit to highlight customer case studies, the continuity of patient care during cyber incidents and the introduction of the Rubrik Security Cloud Healthcare Dashboard for Epic. As ransomware attacks on healthcare organizations have become life-and-death situations for patients, more providers are turning to Rubrik, Inc
Countries across the region are facing sustained levels of cyberattacks, which are set to increase as cyber criminals add AI to their toolbox Assured Data Protection (Assured), the prominent IT managed services provider (MSP) for cloud data protection solutions, today announces the expansion of its operations into Latin America, including establishing Rubrik's presence across the region. The two companies enter a joint venture agreement that ensures enterprises of all sizes across the region can achieve true cyber resiliency through Assured's 24/7/365 managed service. Assured, a Rubrik MSP, gives enterprises complete resilience with the power to bounce back fast from cyberattacks. In La
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
Rubrik (NYSE:RBRK), the Zero Trust Data Security™ Company, has been recognized by Gartner Inc. as a Leader and has been positioned furthest in Completeness of Vision for the fifth consecutive year in the 2024 Magic Quadrant for Enterprise Backup and Recovery Software Solutions. "We believe our recognition as a Leader in the Gartner Magic Quadrant underscores our dedication to executing on our vision," said Bipul Sinha, CEO, Chairman, and Co-founder of Rubrik. "Protecting the integrity of organizational data is paramount as we saw with the recent global IT outages. We believe this recognition reinforces our commitment to our 6,100+ customers and providing complete cyber resilience. Our cus
Mandiant Threat Intelligence feeds now integrated directly into Rubrik Security Cloud, Clean Room Recovery on Google Cloud, and Incident Response Team Collaboration BLACK HAT USA -- Rubrik, Inc. (NYSE:RBRK), the Zero Trust Data Security™ Company, today announces a new partnership and technology integration with Mandiant, part of Google Cloud. The collaboration brings together leaders in data security, incident response, and threat intelligence, aiming to expedite customers' threat detection and path to cyber recovery. "This partnership will enable organizations leveraging Rubrik's backup solutions to identify threats in their backups powered by Mandiant's industry leading threat detecti
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
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
Robert W. Baird initiated coverage of Rubrik with a rating of Outperform and set a new price target of $42.00
BMO Capital Markets upgraded Rubrik from Market Perform to Outperform and set a new price target of $40.00
Cantor Fitzgerald initiated coverage of Rubrik with a rating of Overweight and set a new price target of $50.00
Deutsche Bank initiated coverage of Rubrik with a rating of Buy and set a new price target of $42.00
CapitalOne initiated coverage of Rubrik with a rating of Overweight and set a new price target of $42.00
Wedbush initiated coverage of Rubrik with a rating of Outperform and set a new price target of $50.00
Citigroup initiated coverage of Rubrik with a rating of Buy and set a new price target of $46.00
BMO Capital Markets initiated coverage of Rubrik with a rating of Market Perform and set a new price target of $40.00
Baird analyst Shrenik Kothari initiates coverage on Rubrik (NYSE:RBRK) with a Outperform rating and announces Price Target of $42.
Guggenheim analyst John Difucci reiterates Rubrik (NYSE:RBRK) with a Buy and maintains $48 price target.
Cantor Fitzgerald analyst Yi Fu Lee reiterates Rubrik (NYSE:RBRK) with a Overweight and maintains $50 price target.
Citigroup analyst Fatima Boolani maintains Rubrik (NYSE:RBRK) with a Buy and raises the price target from $46 to $47.
Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Rubrik, Inc. (NYSE:RBRK) with a price target of $48. Yesterday, Rubrik reported a quarterly EPS loss of $1.58 versus a year-ago loss of $1.48 and sales of $187.31 million, up from $135.74 million in the year-ago period. Rubrik said it sees a second-quarter EPS loss of $0.50-$0.48 vs. market estimates of $0.50 loss and revenue of $195 million to $197 million versus estimates of $194.89 million. The analyst says that despite the recent softening sentiment in the software sector due to several weaker-than-expected off-cycle prints, they maintain a positive outlook on the quality of Rubrik’s results. The analyst writes that
A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend towards the 2% target. The Consumer Price Index (CPI) data revealed cooler-than-anticipated monthly and annual inflation rates for both headline and core items. This report arrives just ahead of the highly anticipated Federal Open Market Committee (FOMC) meeting, which will commence at 2:00 p.m. ET today. The implied probability of a rate cut by September has surged to 72%, up from 54% before the inflation report. Fed fut
Cantor Fitzgerald analyst Yi Fu Lee reiterates Rubrik (NYSE:RBRK) with a Overweight and maintains $50 price target.
Wedbush analyst Taz Koujalgi reiterates Rubrik (NYSE:RBRK) with a Outperform and maintains $50 price target.
Rubrik, Inc. (NYSE:RBRK) reported a year-over-year increase in first-quarter sales results and issued second-quarter revenue guidance above estimates. Rubrik reported a quarterly loss of $1.58 per share, versus a year-ago loss of $1.48 per share. The company reported $187.31 million in sales this quarter, up from $135.74 million in the year-ago period, according to data from Benzinga Pro. Kiran Choudary, Rubrik’s Chief Financial Officer, added, “We are pleased by the strong start to the year in Q1 with strength in large transactions driving net new Subscription ARR of $72 million, up 32% year over year and Subscription ARR Contribution Margin up over 2,100 basis points year over year.