Rubrik (RBRK) Stock Forecast & Price Target

$30.72

-1.42 (-4.42%)

(As of 09/6/2024 ET)

Rubrik - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 17 Analyst Ratings

Based on 17 Wall Street analysts who have issued ratings for Rubrik in the last 12 months, the stock has a consensus rating of "Buy." Out of the 17 analysts, 15 have given a buy rating, and 2 have given a strong buy rating for RBRK.

Consensus Price Target

$45.13
46.89% Upside

High Forecast	$50.00
Average Forecast	$45.13
Low Forecast	$40.00

According to the 17 analysts' twelve-month price targets for Rubrik, the average price target is $45.13. The highest price target for RBRK is $50.00, while the lowest price target for RBRK is $40.00. The average price target represents a forecasted upside of 46.89% from the current price of $30.72.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Buy	Buy	Buy	N/A
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	N/A
Buy	15 Buy rating(s)	14 Buy rating(s)	13 Buy rating(s)	N/A
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	N/A
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	N/A
Consensus Price Target	$45.13	$45.33	$45.29	N/A
Forecasted Upside	46.89% Upside	31.61% Upside	26.98% Upside	N/A

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RBRK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RBRK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Rubrik Stock vs. The Competition

Type	Rubrik	Computer and Technology Companies	S&P 500
Consensus Rating Score	3.12	2.64	2.51
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	46.89% Upside	204.80% Upside	11.36% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/19/2024	Cantor Fitzgerald 3 of 5 stars	Y. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$50.00 ➝ $50.00	+41.60%
8/19/2024	Piper Sandler 2 of 5 stars		Initiated Coverage	Overweight	$42.00	+25.71%
7/15/2024	Baird R W 0 of 5 stars	S. Kothari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/15/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$42.00	+24.08%
6/25/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Difucci Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$48.00 ➝ $48.00	+56.76%
6/13/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$46.00 ➝ $47.00	+45.78%
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6/12/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	I. Koujalgi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$50.00 ➝ $50.00	+44.80%
6/12/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$41.00 ➝ $42.00	+19.49%
6/12/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Heath Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$46.00 ➝ $48.00	+36.56%
6/6/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Bachman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$40.00 ➝ $40.00	+27.59%
5/21/2024	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Coupland Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/21/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperformer	$50.00	+39.59%
5/20/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$42.00	+15.38%
5/20/2024	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Murphy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$42.00	+15.38%
5/20/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$48.00	+31.26%
5/20/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$42.00	+14.85%
5/20/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Fishbein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$43.00	+17.58%
5/20/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Moskowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$46.00	+25.79%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:02 PM ET.

RBRK Forecast - Frequently Asked Questions

What is Rubrik's forecast for 2024?: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Rubrik is $45.13, with a high forecast of $50.00 and a low forecast of $40.00.
Should I buy or sell Rubrik stock right now?: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rubrik in the last year. There are currently 15 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RBRK shares.
Does Rubrik's stock price have much upside?: According to analysts, Rubrik's stock has a predicted upside of 29.86% based on their 12-month stock forecasts.
Has Rubrik been upgraded by Wall Street analysts recently?: Over the previous 90 days, Rubrik's stock had 1 upgrade by analysts.
What analysts cover Rubrik?: Rubrik has been rated by research analysts at Baird R W, Barclays, Cantor Fitzgerald, Citigroup, Guggenheim, KeyCorp, Piper Sandler, Robert W. Baird, and Wedbush in the past 90 days.
Do Wall Street analysts like Rubrik more than its competitors?: Analysts like Rubrik more than other "computer and technology" companies. The consensus rating for Rubrik is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how RBRK compares to other companies.