Rubrik, Inc. (NYSE:RBRK – Get Free Report) has received a consensus rating of “Buy” from the sixteen analysts that are presently covering the stock, MarketBeat reports. Fourteen investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $45.33.
A number of analysts recently commented on RBRK shares. BMO Capital Markets raised shares of Rubrik from a “market perform” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Thursday, June 6th. Wells Fargo & Company started coverage on Rubrik in a report on Monday, May 20th. They set an “overweight” rating and a $42.00 price objective for the company. KeyCorp upped their target price on Rubrik from $46.00 to $48.00 and gave the company an “overweight” rating in a report on Wednesday, June 12th. CIBC assumed coverage on shares of Rubrik in a report on Tuesday, May 21st. They set an “outperformer” rating and a $50.00 target price for the company. Finally, Robert W. Baird initiated coverage on shares of Rubrik in a research report on Monday, July 15th. They set an “outperform” rating and a $42.00 target price for the company.
View Our Latest Report on Rubrik
Hedge Funds Weigh In On Rubrik
Rubrik Trading Up 0.8 %
NYSE RBRK traded up $0.26 on Friday, hitting $31.75. 648,337 shares of the company’s stock were exchanged, compared to its average volume of 869,012. The firm has a 50-day moving average price of $32.43. Rubrik has a fifty-two week low of $28.34 and a fifty-two week high of $40.00.
Rubrik (NYSE:RBRK – Get Free Report) last announced its quarterly earnings data on Tuesday, June 11th. The company reported ($11.47) earnings per share for the quarter, missing analysts’ consensus estimates of ($10.88) by ($0.59). The company had revenue of $187.32 million during the quarter, compared to analysts’ expectations of $171.60 million. Equities analysts forecast that Rubrik will post -7.68 earnings per share for the current fiscal year.
About Rubrik
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.
Read More
- Five stocks we like better than Rubrik
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?
- Investing In Preferred Stock vs. Common Stock
- MarketBeat Week in Review – 8/5 – 8/9
- 3 Tickers Leading a Meme Stock Revival
- The Cannabis Sector: Profitability Takes Center Stage
Receive News & Ratings for Rubrik Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rubrik and related companies with MarketBeat.com's FREE daily email newsletter.