RBRK Rises 90% Since IPO: Is There Room for the Stock to Jump?

Stock Performance - Rubrik's shares have rallied 90% since its IPO on April 25, outperforming the Zacks Computer & Technology sector (27.8%) and the Zacks Internet - Software industry (31.1%) [1] - Rubrik's shares have outperformed industry peers like Fortinet, which gained 52.2% over the same period [1] Growth Drivers - Strong demand for Rubrik's cyber recovery and resilience solutions, a rapidly growing customer base, and an expanding network of strategic partnerships have driven the momentum in its shares [2] - Rubrik's innovative platform, including its Security Cloud and Data Security Posture Management (DSPM), is expected to boost its clientele [3][4][5] - The company secured a significant win with Simpler, a healthcare tech company serving 5,000 U.S. hospitals, by offering stronger cyber resilience and security [6] Platform and Technology - Rubrik's Security Cloud is a unified platform that automates data management and security across enterprise, cloud, and SaaS environments, delivering robust, end-to-end protection [3][4] - The platform uses AI to help organizations detect and respond to cyber threats, offering unique cyber recovery with AI-powered zero-trust architecture for fast data and system restoration [3] - Rubrik's DSPM provides continuous visibility into data access across on-premises and cloud environments, combining fast cyber recovery with DSPM for a complete cyber resilience solution [5] Strategic Partnerships - Rubrik's rich-partner base, including Pure Storage and Okta, is a key catalyst for maintaining momentum [7] - The collaboration with Pure Storage integrates Rubrik Security Cloud with Pure Storage's platform, offering a modern architecture for data storage and protection [7] - In 2024, Rubrik announced an integration with Okta's Identity Threat Protection to enhance protection against identity-based attacks [8] - Rubrik was named to CRN's 2025 Cloud 100 List, recognizing its leadership in cloud innovation and data security [8] Financial Outlook - For 2025, Rubrik anticipates revenues of $860-$862 million, implying 37% year-over-year growth, with the Zacks Consensus Estimate pegged at $861.20 million [9] - The company expects its non-GAAP loss for 2025 to range from$1.86 to $1.82 per share, with the consensus mark at$1.83 per share [9] - Rubrik's earnings have beaten the Zacks Consensus Estimate in all the trailing three quarters, with an average surprise of 26.51% [10][11] Competitive Position - Rubrik's expanding clientele, driven by strong cyber recovery and resilience solutions, and a rich partner base, improves its competitive position in the cybersecurity market [12]