Barclays Cuts Rubrik (RBRK) PT to $100 While Maintaining Overweight Rating

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].