Yahoo Financeยท2025-09-15 20:50Company Overview - Rubrik is valued at $15.2 billion and specializes in data security, backup, recovery, and cloud-based protection, particularly relevant in the context of increasing ransomware and data breach risks [3] - The company reported a significant increase in subscription annual recurring revenue (ARR) to over $1.25 billion, up 36% year-over-year, with cloud ARR surging 57% to $1.1 billion [2] Financial Performance - Overall revenue increased by 51% to $310 million, with subscription revenue rising by 55% [1] - Adjusted net loss narrowed to $0.03 from $0.40 in the same quarter last year, and adjusted gross margin improved to 82% from 77% [1] - Free cash flow improved to $57.5 million from a negative $32 million last year, indicating a stronger financial position [6] Market Position and Analyst Sentiment - Analysts predict Rubrik's revenue to grow by 39.2% in 2025 and 25% in 2026, reflecting confidence in the company's growth trajectory [7] - The stock is rated as a "Strong Buy" by 18 out of 21 analysts, with an average target price of $114.95, suggesting a potential upside of 49.8% [8] Investment Activity - Cathie Wood's ARK Next Generation Internet ETF purchased 66,836 shares of Rubrik for $6.6 million, increasing total investment in the company to $35 million [3][4] - Wood's investment strategy focuses on disruptive innovation and long-term growth, aligning with Rubrik's fundamentals and market trends [5][7]