Rubrik (RBRK) Stock Price, News & Analysis

Company Overview

Rubrik, Inc. provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors. Rubrik, Inc. was formerly known as Scaledata, Inc. and changed its name to Rubrik, Inc. in October 2014. The company was incorporated in 2013 and is based in Palo Alto, California.

Key Stats

• Today's Range: $43.80 to $45.49
• 50-Day Range: $30.50 to $45.16
• 52-Week Range: $28.34 to $45.90
• Volume: 923,881 shs
• Average Volume: 1.18 million shs
• Market Capitalization: $8.13 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $46.18
• Consensus Rating: Buy

Rubrik Stock Analysis - MarketRank™

Rubrik scored higher than 35% of companies evaluated by MarketBeat, and ranked 513th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Rubrik has received a consensus rating of Buy. The company's average rating score is 3.05, and is based on 16 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Rubrik has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Rubrik are expected to grow in the coming year, from ($8.04) to ($3.21) per share.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.99% of the float of Rubrik has been sold short.

Short Interest Ratio / Days to Cover

Rubrik has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rubrik has recently decreased by 10.82%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rubrik does not currently pay a dividend.

Dividend Growth

Rubrik does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.99% of the float of Rubrik has been sold short.

Short Interest Ratio / Days to Cover

Rubrik has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rubrik has recently decreased by 10.82%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.52

News Sentiment

Rubrik has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 22 news articles for Rubrik this week, compared to 6 articles on an average week.

Search Interest

Only 16 people have searched for RBRK on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Rubrik to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Rubrik insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,813,462.00 in company stock.

RBRK Stock Analysis - Frequently Asked Questions

How have RBRK shares performed this year?

Rubrik's stock was trading at $35.00 on January 1st, 2024. Since then, RBRK shares have increased by 29.0% and is now trading at $45.16.
View the best growth stocks for 2024 here.

How were Rubrik's earnings last quarter?

Rubrik, Inc. (NYSE:RBRK) announced its quarterly earnings results on Monday, September, 9th. The company reported ($0.97) earnings per share for the quarter, missing the consensus estimate of ($0.96) by $0.01. The firm earned $204.95 million during the quarter, compared to the consensus estimate of $195.58 million.

When did Rubrik IPO?

Rubrik (RBRK) raised $752 million in an initial public offering (IPO) on Thursday, April 25th 2024. The company issued 23,500,000 shares at a price of $32.00 per share.

When did the company's lock-up period expire?

Rubrik's lock-up period expired on Tuesday, October 22nd. Rubrik had issued 23,500,000 shares in its initial public offering on April 25th. The total size of the offering was $752,000,000 based on an initial share price of $32.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

Who are Rubrik's major shareholders?

Top institutional investors of Rubrik include Champlain Investment Partners LLC (0.77%), Point72 Asset Management L.P. (0.73%), PointState Capital LP (0.70%) and FMR LLC (0.66%). Insiders that own company stock include Brian K Mccarthy, Kiran Kumar Choudary, Barry Eggers and Ravi Mhatre.
View institutional ownership trends.

How do I buy shares of Rubrik?

Shares of RBRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rubrik own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rubrik investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Super Micro Computer (SMCI), Palo Alto Networks (PANW), Pfizer (PFE) and AST SpaceMobile (ASTS).

Company Calendar

• Last Earnings: 9/09/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 12/05/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NYSE:RBRK
• Previous Symbol: NYSE:RBRK
• CUSIP: N/A
• CIK: 1943896
• Web: www.rubrik.com
• Phone: 844-478-2745
• Fax: N/A
• Employees: 3,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $46.18
• High Stock Price Target: $52.00
• Low Stock Price Target: $38.00
• Potential Upside/Downside: +2.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.05
• Research Coverage: 19 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.14
• Quick Ratio: 1.14

Sales & Book Value

• Annual Sales: $627.89 million
• Price / Sales: 12.95
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 180,070,000
• Free Float: N/A
• Market Cap: $8.13 billion
• Optionable: Optionable
• Beta: N/A