Core Insights - Rubrik (RBRK) is experiencing significant growth in subscription revenue, reaching $297 million in Q2 of fiscal 2026, a 55% year-over-year increase [1][10] - The company's Annual Recurring Revenue (ARR) surpassed $1.25 billion, reflecting a 36% year-over-year growth, with $71 million in net new subscription ARR added in Q2 [2][10] - Cloud ARR grew 57% year-over-year to $1.1 billion, driven by the adoption of Rubrik Security Cloud and new offerings [3][10] Subscription Revenue Growth - Subscription revenue reached $297 million in Q2 fiscal 2026, marking a 55% increase year-over-year [1][10] - The subscription ARR surpassed $1.25 billion, with a 36% year-over-year increase and $71 million in net new subscription ARR added in Q2 [2][10] - Customers with over $100K in subscription ARR grew by 27% year-over-year, totaling 2,505, contributing 85% of total subscription ARR [2] Cloud Solutions and Product Expansion - Rubrik's focus on cloud-based solutions has significantly bolstered subscription revenue, with Cloud ARR growing 57% year-over-year to $1.1 billion [3][10] - The company announced expanded immutability for Amazon RDS for PostgreSQL and comprehensive protection for Amazon DynamoDB, reinforcing its leadership in cloud data protection [3] - The launch of Rubrik Okta Recovery provides automated, immutable backups and granular recovery for Okta Identity Provider environments, extending identity protection capabilities [4] Competitive Landscape - Rubrik faces competition from various data management and protection vendors, including Commvault and IBM [5] - Commvault launched Clumio for Apache Iceberg on AWS, enhancing data lakehouse protection and compliance [6] - IBM's growth is expected to be driven by analytics, cloud computing, and security, with a focus on hybrid and multi-cloud environments [7] Stock Performance and Valuation - RBRK shares have gained 20.3% year-to-date, outperforming the broader Zacks Computer & Technology sector's return of 23% [8] - RBRK is considered overvalued, with a forward 12-month Price/Sales ratio of 10.7X compared to the sector's 6.92X [11] - The Zacks Consensus Estimate for fiscal 2026 loss is pegged at 49 cents per share, unchanged over the past 30 days [13]

Core Insights - Rubrik (RBRK) shares have increased by 19.6% year-to-date, underperforming the broader Zacks Computer and Technology sector's 22.8% return due to challenging macroeconomic conditions and intense competition in the cybersecurity market [1] - The company has outperformed the Zacks Internet - Software sector, which rose by 18.2%, driven by a growing client base and increased demand for data security solutions [2] Company Performance - In Q2 of fiscal 2026, Rubrik's subscription ARR exceeded $1.25 billion, marking a 36% year-over-year growth, with net new subscription ARR of $71 million [2] - The number of customers with over $100K in subscription ARR increased by 27% year-over-year, reaching 2,505 customers as of July 31, 2025 [5] - Cloud ARR grew by 57%, reaching $1.1 billion, driven by the adoption of the Rubrik Security Cloud platform [5] Product and Service Expansion - In July 2025, Rubrik expanded its cloud data protection portfolio, introducing support for Amazon DynamoDB and a cyber resilience solution for Amazon RDS for PostgreSQL [6][7] - In September 2025, Rubrik announced a broader integration with CrowdStrike, enhancing unified identity security through real-time detection and rollback of harmful identity changes [8] - The launch of Rubrik Okta Recovery in September 2025 provides automated, immutable backups for Okta Identity Provider environments, extending identity protection capabilities [10] - The integration of AMD EPYC processors enhances computing efficiency and scalability across Rubrik's platform [11] - The acquisition of Predibase in Q2 of fiscal 2026 aims to accelerate the use of agentic AI, improving accuracy and automating data governance [12] Financial Outlook - For Q3 fiscal 2026, Rubrik expects a non-GAAP loss between 18 cents and 16 cents per share, with revenues projected between $319 million and $321 million, indicating a year-over-year revenue increase of 35.57% [13] - The Zacks Consensus Estimate for Q3 revenues is currently at $320.18 million [13] Valuation and Market Position - Rubrik's stock is currently trading at a premium, with a forward 12-month Price/Sales ratio of 10.65, higher than the broader sector's 6.90 [14] - The expanding clientele and strong cyber recovery solutions enhance Rubrik's competitive position in the cybersecurity market [16] Investment Rating - Rubrik stock carries a Zacks Rank 2 (Buy) and a Growth Score of A, indicating a strong investment opportunity [18]

Group 1 - The REIT Forum provides exclusive investment ideas and subscriber-only portfolios for investors seeking opportunities [1] - Rubrik (NYSE: RBRK) was previously rated as a "hold" with a recommendation to wait for a 15% pullback before initiating a position [1] Group 2 - Amrita leads a boutique family office fund in Vancouver, focusing on sustainable, growth-driven companies that enhance shareholder equity [2] - The fund aims to maximize returns by investing in companies that meet growth-oriented goals, with a strong emphasis on financial literacy and accessible investment strategies [2] - Amrita has experience in high-growth supply-chain start-ups and has worked with venture capital firms to improve user acquisition during the pandemic [2]

Core Viewpoint - Jim Cramer expressed a strong buy recommendation for Rubrik, Inc. (NYSE:RBRK), indicating confidence in the stock's potential despite recent declines [1]. Company Overview - Rubrik, Inc. specializes in data security and protection solutions across various environments, including cloud, enterprise, and SaaS [1]. - The company's platform offers services such as threat analytics, cyber recovery, and data security posture management [1]. Recent Performance - Cramer noted that the stock should not have declined following the last quarter's performance, which he considered good [1]. - Since Cramer's previous comments, the stock has appreciated approximately 14% [1]. Market Context - Cramer highlighted the importance of cybersecurity and suggested that Rubrik could be a more favorable investment compared to other stocks in the market [1].

Core Insights - The article discusses the investment positions of Parkev Tatevosian, CFA, and mentions that The Motley Fool has positions in and recommends Rubrik [1] Group 1 - Parkev Tatevosian has no position in any of the stocks mentioned [1] - The Motley Fool has a disclosure policy regarding its investment positions [1] - Parkev Tatevosian is an affiliate of The Motley Fool and may receive compensation for promoting its services [1]

Core Viewpoint - The stock market is currently near all-time highs, prompting a recommendation to rotate investments from large-cap tech stocks to faster-growing small- and mid-cap companies, which are perceived as underappreciated and potentially more resilient against market fluctuations [1]. Group 1: Market Analysis - The emphasis is on shifting focus from large-cap technology stocks to small- and mid-cap stocks, which are expected to offer better growth opportunities [1]. - The current market environment suggests that small- and mid-cap stocks may serve as a protective measure against potential market downturns [1]. Group 2: Analyst Background - The analyst has extensive experience in covering technology companies and has worked in both Wall Street and Silicon Valley, providing insights into current industry trends [1]. - The analyst has been contributing to Seeking Alpha since 2017 and has been featured in various web publications, indicating a strong presence in the investment community [1].

Core Insights - Hamilton Lane Advisors sold its entire stake in Rubrik, amounting to an estimated trade value of $9.44 million, resulting in a zero position in the company as of the filing date [1][2][3] Company Overview - Rubrik's stock price was $82.21 as of October 6, 2025, with a market capitalization of $15.74 billion and a trailing twelve months (TTM) revenue of $1.08 billion, while reporting a net income loss of $443.83 million [4] - The company specializes in enterprise data protection, unstructured data protection, cloud and SaaS data protection, data threat analytics, security posture management, and cyber recovery solutions, serving a diverse client base across various industries [5][6] Performance Metrics - Rubrik's stock has increased by 149.5% over the past year, significantly outperforming the S&P 500 by 133.93 percentage points [3] - The company experienced a revenue growth of 51% in its latest quarter, with existing customers increasing their spending by over 20% [8] Valuation Insights - The price-to-sales ratio for Rubrik rose from 7 to 15 within a year, indicating a substantial increase in valuation [7] - If Rubrik achieves a 20% net income margin, it would still be trading at 75 times earnings at the current share price [8] Strategic Positioning - Rubrik is integrated with major cybersecurity firms such as Palo Alto Networks, CrowdStrike, Zscaler, Okta, and Google's Mandiant, positioning it for potential growth into its high valuation [9]

Core Thesis - Rubrik, Inc. (RBRK) presents a compelling investment opportunity despite near-term skepticism due to its strong fundamentals and potential for significant upside [2][5]. Financial Performance - As of September 23rd, RBRK's share price was $81.46, with a trailing P/E ratio of 24.66 [1]. - The company continues to deliver approximately 25% year-over-year revenue growth, indicating robust underlying performance [3]. - The stock has the potential to reach $120 per share by early 2027 if the company successfully executes its growth strategy [4]. Market Sentiment - The narrative of declining growth has led to a compressed valuation, creating a period of investor doubt [2][3]. - The current market environment is characterized by mispriced sentiment, which, combined with strong fundamentals, sets the stage for meaningful returns as confidence in the company's growth solidifies [5]. Investment Strategy - The investment case for RBRK is reinforced by a disciplined focus on quality over short-term sentiment swings, emphasizing the importance of long-term performance [4]. - RBRK is viewed as a high-conviction investment for patient investors who understand the long-term thesis, despite expected near-term fluctuations [5]. Historical Context - The stock price has appreciated approximately 51.8% since previous coverage in December 2024, highlighting the company's strong fundamentals and continued bullish outlook [6].

Group 1 - Rubrik, Inc. (NYSE:RBRK) is recognized as one of the most promising new technology stocks to buy according to hedge funds [1] - The company launched its Rubrik Okta Recovery solution at Oktane 2025 in Las Vegas, aimed at protecting and restoring Okta Identity Provider environments [2][3] - The new solution enhances Rubrik's existing identity recovery capabilities for Active Directory and Entra ID, making it the only unified recovery platform for all three major Identity Providers (IdPs) [3] Group 2 - Key features of the Rubrik Okta Recovery solution include automated backups, air-gapped immutable storage, and fast, granular recovery directly within Okta tenants [3] - Rubrik, Inc. is a leading cloud data management company that provides a Zero Trust Data Security platform, helping organizations protect their data from cyberattacks, insider threats, and operational disruptions [4]

Group 1: Company Performance and Analyst Ratings - Rubrik, Inc. reported second-quarter revenue of $309.86 million, a 51% year-over-year increase, surpassing the consensus estimate of $282.22 million, and had a loss of three cents per share, better than the expected loss of 34 cents per share [1] - Seagate Technology Holdings plc received an Outperform rating from Bernstein analyst Mark Newman with a price target of $250, but caution is advised due to its recent price run [2] - Cleveland-Cliffs Inc. was maintained with an Equal-Weight rating by Wells Fargo, with a price target raised from $10 to $11, while BofA Securities maintained a Neutral rating and increased the price target from $9.5 to $12.5 [3] - SAP SE was noted as a buy following a good quarter and the announcement of a revamped strategy for digital sovereignty and AI innovation, expanding its SAP Sovereign Cloud portfolio [4] Group 2: Stock Price Movements - Seagate shares increased by 1.1% to $213.36 [7] - Rubrik shares decreased by 1.5% to close at $73.89 [7] - Eagle Materials shares fell by 1.7% to settle at $230.02 [7] - Cleveland-Cliffs shares dropped by 3.7% to $11.29 [7] - SAP shares rose by 3.1% to close at $261.42 [7]