Rubrik Inc

Earnings data Q1 2024

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Rubrik, Inc. engages in the provision of cloud data management solutions. Its solutions include backup and recovery, VM backup, Microsoft 365, ransom ware recovery, database backup, cloud solutions, and Polaris sonar. Rubrik products include data protection, data threat analytics, data security posture and cyber recovery. The company was founded by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap in December 2013 and is headquartered in Palo Alto, CA.

CHICAGO--(BUSINESS WIRE)--MICROSOFT IGNITE - Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ Company, today announces a new cyber resilience solution for Microsoft Azure Blob Storage. As organizations become increasingly dependent on the cloud, there is an inherent risk for security blind spots and vulnerable sensitive data. Rubrik brings cyber posture and cyber recovery to provide Microsoft Azure Blob Storage customers further visibility into their cloud data, enabling business agilit.

Rubrik Delivers Cyber Resilience Solution for Microsoft Azure Blob Storage

PALO ALTO, Calif.--(BUSINESS WIRE)--In today's digital landscape, where data is the lifeblood of any business, securing and protecting virtualized environments is paramount. Organizations must protect their applications and infrastructure with complete cyber resilience as they evaluate solutions for modernizing their hypervisors. Today, Rubrik (NYSE: RBRK) announced a collaboration with Red Hat, the world's leading provider of open source solutions, designed to support Red Hat OpenShift Virtual.

Rubrik to Support Red Hat OpenShift Virtualization

Rubrik, Inc. (RBRK) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Rubrik, Inc. (RBRK) is on the Move, Here's Why the Trend Could be Sustainable

PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ Company, today announces that it will release financial results for its third quarter fiscal 2025 ended October 31, 2024, after the market closes on Thursday, December 5, 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 inves.

Rubrik to Report Third Quarter Fiscal 2025 Financial Results on December 5, 2024

SAN FRANCISCO--(BUSINESS WIRE)--The Harvard Business School (HBS) Association of Northern California will honor Rubrik, the Zero Trust Data Security™ company, on December 5, 2024, as the 43rd Entrepreneurial Company of the Year. Sponsors Greylock and IVP will support this prestigious award. The Harvard Business School (HBS) Association of Northern California Entrepreneurial Company of the Year Award is presented annually to a company that exemplifies the entrepreneurial spirit, demonstrated thr.

Rubrik Named the 2024 Entrepreneurial Company of the Year by the Harvard Business School (HBS) Association of Northern California

RBRK unveils Rubrik DSPM for Microsoft 365 Copilot, enhancing data visibility and control to secure sensitive information during AI-driven workflows.

Can Rubrik Stock Benefit From Enhanced Data Security in Microsoft 365?

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PALO ALTO, Calif.--(BUSINESS WIRE)--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 da.

Rubrik Unveils Data Security Posture Management for Microsoft 365 Copilot

Shares of Rubrik have started to rally after posting a strong Q2 beat and raise and passing its IPO lockup period. In spite of recent gains, I'm reiterating my buy rating on this stock and establishing a $48 price target (~30% upside, based on 8x next year's revenue). The company is achieving tremendous mid-30s growth at scale, with an ARR base growing at a ~40% clip that nearly already covers next year's consensus revenue.

Rubrik: Fierce ARR Growth Coupled With Path To Profitability

Rubrik, a fast-growing cybersecurity company, is trading at an attractive entry point at $31/share despite current market risk aversion and geopolitical concerns. The company's ARR growth is robust, with a 40% year-on-year increase in the latest reported quarter, reflecting strong user adoption and satisfaction. RBRK's advanced data protection and recovery solutions, including genAI integration, position it as a leader in the data back-up and recovery space with significant competitive advantages.

Rubrik: A Leading Data Resiliency Solution That Deserves More Attention

Rubrik Inc. RBRK is a leading cybersecurity company specializing in data protection and recovery, and it is quickly becoming a key player in the rapidly expanding cybersecurity sector. Since its initial public offering (IPO) in April, Rubrik has demonstrated strong financial performance, highlighted by significant growth in Subscription Annual Recurring Revenue (ARR) and cloud ARR.

Rubrik: Riding the AI Wave in the Cybersecurity Boom

RBRK faces stiff competition and macroeconomic challenges, but its expanding clientele and high demand for data security solutions offer potential for growth.

Rubrik Plunges 13% YTD: How Should Investors Play the Stock?

Pure Storage

PALO ALTO, Calif.--(BUSINESS WIRE)--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 world's most advanced data storage technologies and services, are partnering in bringing.

Rubrik and Pure Storage Partner to Offer Complete Cyber Resilience, Protecting Data and Minimizing Downtime

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PALO ALTO, Calif.--(BUSINESS WIRE)--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 provi.

Rubrik Boosts Cyber Recovery and Incident Response for Nutanix AHV

Rubrik, Inc. demonstrates strong top-line growth and improved operating margins in Q2 '25, driven by a shift to subscription-based revenue streams, with a projected eFY25 revenue growth rate of 31-32%. Rubrik's niche focus on data resiliency and partnerships with major firms like Microsoft and CrowdStrike position it well for continued growth amid rising AI/ML adoption. Despite competition from larger cybersecurity platforms, Rubrik's rapid recovery times and unique post-breach solutions provide a durable business case for enterprises.

Rubrik Has Cybersecurity Platforms To Compete With For Market Share

PALO ALTO, Calif.--(BUSINESS WIRE)--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.

Rubrik to Present at Goldman Sachs Communacopia + Technology Conference

Rubrik (RBRK) shares lost ground Tuesday as the lock-up period following the data security firm's initial public offering (IPO) is set to expire, offsetting solid fiscal 2025 second-quarter results.

Data Security Firm Rubrik Stock Falls on End of Lock-Up Period

Rubrik has demonstrated strong growth, with subscription ARR up 40% and total revenue increasing 35% year-over-year, despite trading near IPO lows. The company benefits from heightened demand for cyber resilience, highlighted by the recent CrowdStrike outage, which underscores the need for robust data recovery systems. With a market cap of $5.6 billion and ARR forecasted to top $1 billion, Rubrik's stock is an attractive buy at 5x forward EV/S targets.

Rubrik: Lots To Love

Shares of Rubrik fell more than 6% on Tuesday, as the markets braced for the expiry of a lockup period tied to its initial public offering, clouding the Microsoft-backed cybersecurity company's upbeat second-quarter revenue.

Rubrik shares fall as Microsoft-backed firm nears IPO lockup expiry

Rubrik, Inc.'s rapid growth, driven by weak prior-year comparables and a consumption-based model, raises concerns about the sustainability of its growth rates. Despite strong annual recurring revenue and subscription growth, Rubrik's volatile growth rates and unpredictable cash flows temper my optimism. Rubrik's valuation appears cheap, but its financial position and cash flow prospects are less robust compared to peers like SentinelOne.

Rubrik Earnings: More Questions Than Answers

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U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Tuesday.

Rubrik Reports Q2 Results, Joins Ionis Pharmaceuticals, Hewlett Packard Enterprise And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Rubrik's stock dipped post-earnings despite beating guidance and raising its full-year outlook, likely due to the upcoming IPO lock-up expiration. RBRK remains unprofitable even on a non-GAAP basis, but its large cash position can support ongoing losses. The company's cybersecurity positioning makes it a mission-critical product for its customers.

Rubrik: Expiration Of IPO Lockup Overshadows Strong Results

Rubrik, Inc. (NYSE:RBRK ) Q2 2025 Results Conference Call September 9, 2024 5:00 PM ET Company Participants Melissa Franchi - Vice President, Head of Investor Relations Bipul Sinha - CEO, Chairman and Co-Founder Kiran Choudary - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Fatima Boolani - Citi Andrew Nowinski - Wells Fargo Gregg Moskowitz - Mizuho Joel Fishbein - Truist Securities Eric Heath - KeyBanc Capital Markets Yi Fu Lee - Cantor Fitzgerald Todd Coupland - CIBC Brad Zelnick - Deutsche Bank Shrenik Kothari - Baird James Fish - Piper Sandler Operator Good day, everyone, and welcome to today's Rubrik Second Quarter Fiscal Year 2025 Results Conference Call. At this time, all participants are in a listen-only mode.

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