Rubrik (RBRK) Company Overview

I view Rubrik as a typical inflection stock, boasting $1 billion in annual recurring revenue and a 38% growth rate compared to last year, while also moving towards positive free cash flow. I appreciate that Rubrik has significant insider ownership, which usually means that management is dedicated to long-term growth. I believe Rubrik will maintain its strong performance, with revenue expected to grow by 30% in fiscal 2026, beginning in February 2025.

Rubrik's strong Security Cloud and creative partnerships provide complete data protection, driving growth and increasing market presence.

BANGALORE, India--(BUSINESS WIRE)--Rubrik (NYSE: RBRK), a cybersecurity firm, has announced its intention to open a new office in Bangalore by mid-2025 as part of its growth strategy in India. This new location will bring together product development, management, customer support, and global recovery operations in one place. The company aims to recruit skilled individuals from leading universities in India to support this expansion.

Rubrik, Inc. (NYSE: RBRK) is seeing growth in its business and an increase in its stock price. The share price rose by over 100% in the fourth quarter and is expected to double again in the coming year.

We have just released a list of Jim Cramer's Hidden Gems, featuring 10 undervalued stocks you should be aware of. In this article, we will examine how Rubrik, Inc. (NYSE:RBRK) compares to other undervalued stocks highlighted by Jim Cramer. As the year ends, Jim Cramer...

Cybersecurity is a wide-ranging field within the computer and technology industry, including various companies that focus on different areas of online safety. Similar to how home security can involve things like cameras and alarm systems, cybersecurity covers aspects like monitoring devices and protecting data.

RBRK has achieved a record in subscription annual recurring revenue (ARR) and has formed new partnerships, but it is dealing with tough competition in the data protection industry.

I am increasing my price target for Rubrik to $75 following their strong Q3 results, which caused the stock to jump by about 20%. The company's significant $53 billion total addressable market, advantages from AI growth, and unique security strategy justify its high valuation and ongoing growth prospects. In Q3, revenue grew by 43% year-over-year, and subscription annual recurring revenue reached $1 billion, showing strong growth and customer loyalty, especially when many other software firms are facing challenges in securing deals.

Cybersecurity firm Rubrik (RBRK 20.44%) recently had its initial public offering (IPO) in April and is quickly attracting the interest of investors. By 3:30 p.m., the company is making waves in the market.