I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Core Viewpoint - Rubrik Inc. (NYSE:RBRK) is recognized as a promising stock by Wall Street, with multiple analysts adjusting their price targets while maintaining an Overweight rating on the shares [1][2][4]. Group 1: Analyst Ratings and Price Targets - Barclays lowered its price target on Rubrik to $100 from $120 while keeping an Overweight rating [1]. - Piper Sandler reduced its price target to $99 from $118 but reaffirmed its Overweight rating, citing minor downward adjustments based on a review of the company's 10-Q filing [2]. - Citi analyst Fatima Boolani adjusted the price target to $115 from $117, maintaining a Buy rating after updating the company's model post the FQ3 2026 earnings report [4]. - Stephens analyst Todd Weller initiated coverage with an Overweight rating and a price target of $105, emphasizing Rubrik's growth potential in data protection and security markets [3]. Group 2: Company Overview and Market Position - Rubrik Inc. provides data security solutions to individuals and businesses globally, positioning itself as a key player in the data protection sector [5]. - The company's unified platform is noted as a disruptive innovation that challenges traditional legacy architectures, supporting its strong revenue performance and projected margin expansion [3].

Core Viewpoint - Rubrik Inc. is recognized as a strong investment opportunity in the big data sector, with Goldman Sachs maintaining a Buy rating and a price target of $120 despite a recent 17% decline in stock price due to external factors [1]. Group 1: Company Performance - In the third quarter, Rubrik exceeded consensus expectations in key metrics such as revenue, subscription ARR, operating income, and free cash flow [3]. - The company achieved over $95 million in net new subscriber ARR, indicating a sequential acceleration in growth and increased platform utilization [3]. - Rubrik maintains a net revenue retention rate exceeding 120%, reflecting strong customer loyalty and large-deal activity [3]. Group 2: Market Context - The recent stock price pressure is attributed to Lightspeed's distribution of nearly 3 million shares and a general decline in high-growth security software stocks [1]. - Despite the stock's reversion to slightly above pre-third quarter valuations, investors appear to be undervaluing Rubrik's mid-30s ARR growth trajectory and improved free cash flow profile [2]. Group 3: Company Overview - Rubrik Inc. provides a range of data security solutions, including enterprise data protection, cloud data protection, data threat analytics, and cyber recovery solutions for individuals and businesses globally [4].

Core Viewpoint - Rubrik, Inc. (NYSE:RBRK) is identified as a strong buy stock due to its attractive growth outlook in data security and protection, with expectations of margin expansion complementing top-line growth [1]. Group 1: Analyst Ratings - Stephens initiated coverage of Rubrik, Inc. with an Overweight rating and a price target of $105, highlighting the company's growth potential in data security [1]. - William Blair reaffirmed a Buy rating, viewing Rubrik as a proven multiproduct platform well-positioned for increasingly complex data environments [2]. Group 2: Company Performance and Strategy - The company is recognized for its exceptional execution, which justifies its premium valuation multiple and indicates a strong runway for platform-led expansion [3]. - Rubrik's management is noted for making forward-looking decisions that capture new opportunities and build a durable software franchise [3]. Group 3: Product Offerings - Rubrik provides a range of cloud data management solutions, including VM backup, ransomware recovery, and database backup, among others [4]. - The company's products focus on data security posture, threat analytics, and cyber recovery [4].

2026 is upon us, and it will be a year for active and not passive investing. I continue to hold high conviction that the stock market will be flat to slightly down this year, but underlying category leadership will change significantly.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contri ...

Upgrades - Argus upgraded BHP Group (BHP) to Buy from Hold with a price target of $68, citing firming prices for iron ore, copper, and coal as the global economy improves [1] Downgrades - Jefferies downgraded Mereo BioPharma (MREO) to Hold from Buy with a price target of $0.50, down from $7, due to Setrusumab missing primary endpoints in trials [2] - RBC Capital downgraded DigitalBridge (DBRG) to Sector Perform from Outperform with a price target of $16, down from $23, following SoftBank's acquisition announcement at $16 per share [3] Initiations - Stephens initiated coverage of Commvault (CVLT) with an Overweight rating and a $162 price target, highlighting its evolution in data protection and transition to Software-as-a-Service [4] - Stephens initiated coverage of Rubrik (RBRK) with an Overweight rating and a $105 price target, noting its attractive growth outlook in data protection and data security [4] - Stephens initiated coverage of Varonis (VRNS) with an Equal Weight rating and a $40 price target, emphasizing its growth potential in data security as a Software-as-a-Service platform [4] - Freedom Capital initiated coverage of Ero Copper (ERO) with a Buy rating and a $32 price target, citing its high-grade, low-cost asset portfolio in Brazil [4] - H.C. Wainwright initiated coverage of Terra Innovatum (NKLR) with a Buy rating and a $25 price target, believing its use of off-the-shelf components will reduce regulatory barriers [4]

Upgrades - Argus upgraded BHP Group (BHP) to Buy from Hold with a price target of $68, citing firming prices for iron ore, copper, and coal as the global economy improves [2] Downgrades - Jefferies downgraded Mereo BioPharma (MREO) to Hold from Buy with a price target of 50 cents, down from $7, due to Setrusumab missing primary endpoints in trials, impacting Mereo's future strategy [3] - RBC Capital downgraded DigitalBridge (DBRG) to Sector Perform from Outperform with a price target of $16, down from $23, following SoftBank's acquisition announcement at $16 per share, totaling a $4 billion enterprise value [4] Initiations - Stephens initiated coverage of Commvault (CVLT) with an Overweight rating and a $162 price target, highlighting its leadership in data protection and transition to Software-as-a-Service [5] - Stephens initiated coverage of Rubrik (RBRK) with an Overweight rating and a $105 price target, noting its strong growth outlook in data protection and expected margin expansion [5] - Stephens initiated coverage of Varonis (VRNS) with an Equal Weight rating and a $40 price target, emphasizing its growth potential in data security as a Software-as-a-Service platform [5] - Freedom Capital initiated coverage of Ero Copper (ERO) with a Buy rating and a $32 price target, pointing out its high-grade, low-cost assets in Brazil [5] - H.C. Wainwright initiated coverage of Terra Innovatum (NKLR) with a Buy rating and a $25 price target, believing its use of off-the-shelf components will lower regulatory and technological barriers [5]

Group 1 - Rubrik, Inc. (NYSE:RBRK) is recognized for its strong performance and positive trajectory under the leadership of CEO Bipul Sinha, as noted by Jim Cramer [1] - The company specializes in data security and protection solutions across various environments, including cloud, enterprise, and SaaS, offering services such as threat analytics and cyber recovery [1] - Despite a recent stock decline following a quarterly report, Cramer expressed confidence in the company's prospects, suggesting that the stock should not have decreased in value [1] Group 2 - There is a belief that while Rubrik has potential, other AI stocks may present greater upside potential and lower downside risk [1]

Core Viewpoint - Rubrik, Inc. is currently viewed as an attractive investment opportunity due to its strong fundamentals and recent stock pullback, which has created a compelling entry point for investors [1][3][4] Group 1: Stock Performance and Analyst Ratings - Goldman Sachs has reiterated a "Buy" rating on Rubrik with a price target of $120, highlighting a robust ARR growth and improving FCF profile as key drivers [1][2] - The stock has experienced a ~17% pullback since post-F3Q earnings highs, which is seen as an opportunity for investors [2] - Despite the recent decline, the stock is trading slightly above pre-F3Q levels, indicating potential undervaluation by the market [3] Group 2: Market Dynamics and Comparisons - The market is currently discounting Rubrik's strong mid-30s ARR growth trajectory and improving FCF profile, with the stock trading at approximately 11x EV/S (NTM) compared to high-growth peers at 13x [4] - Lightspeed entities still hold an estimated 9-10 million shares, representing less than 7% of the current public float, which is equivalent to about three days of average daily trading volume [2]

Group 1 - Rubrik, Inc. has seen a stock price increase of over 12.03% following the release of its fiscal Q3 2026 earnings, with Wall Street maintaining a bullish outlook [1] - Goldman Sachs has reiterated a Buy rating on Rubrik with a price target of $120, while Cantor Fitzgerald has also maintained a Buy rating without specifying a price target [1] Group 2 - In fiscal Q3 2026, Rubrik's revenue grew by 48.26% year-over-year to $350.17 million, exceeding estimates by $29.66 million [2] - The company reported an EPS of $0.10, surpassing consensus estimates by $0.27, and achieved a record subscription ARR of $1.35 billion, driven by a 34% increase [2] - Gross margins improved from 76.2% a year ago to 80.5% [2] Group 3 - Analysts at Cantor Fitzgerald highlighted that Rubrik added over $95 million in subscription ARR, indicating increased platform adoption [3] - The company has raised its fiscal year 2026 guidance, reflecting management's confidence in data resilience, cloud migration, and security-led expansion [3] Group 4 - Rubrik, Inc. provides data security solutions to various sectors including financial, retail, transportation, energy, healthcare, education, technology, and public sectors [4]