CIBC Raises Rubrik (RBRK) PT to $130 Following Strong Q2 Earnings

Rubrik Inc. (NYSE:RBRK) is one of the best up and coming stocks with huge upside potential. On September 11, CIBC raised the firm’s price target on Rubrik to $130 from $125, while keeping an Outperform rating on the shares. The firm’s positive thesis on shares was reaffirmed by the FQ2 2026 earnings report despite the conservative FQ3 outlook. CIBC forecasts revenue growth of 34% for FY2026 and 23% for FY2027. This sentiment followed Rubrik’s FQ2 2026 financial results, with total revenue reaching $310 mi ...