Core Viewpoint - Rubrik Inc. is identified as an overlooked growth stock, with recent price target adjustments from multiple analysts reflecting concerns over valuation multiples and enterprise security spending [1][3][4]. Group 1: Analyst Price Target Adjustments - KeyBanc analyst Eric Heath lowered Rubrik's price target to $95 from $113 while maintaining an Overweight rating, citing a contraction in peer valuation multiples and rising competitive pressures [1]. - Barclays also reduced its price target for Rubrik to $100 from $120, keeping an Overweight rating [2]. - Piper Sandler adjusted its price target to $99 from $118, maintaining an Overweight rating, and revised its valuation multiple to 11x from 13x, highlighting a 48% year-over-year revenue growth [3]. Group 2: Growth Potential and Market Position - Stephens analyst Todd Weller initiated coverage of Rubrik with an Overweight rating and a price target of $105, emphasizing the company's strong growth potential in data protection and security markets [4]. - Rubrik's expected margin expansion is anticipated to balance its top-line gains, and its unified platform is seen as a disruptive innovation compared to traditional legacy architectures [4]. Group 3: Company Overview - Rubrik Inc. provides data security solutions to individuals and businesses globally, positioning itself in a competitive market [5].

Core Thesis - Rubrik, Inc. is positioned as a leader in cybersecurity and cloud data management, evolving from a backup software vendor to a full-stack cyber resilience and AI data platform provider [2][3] Company Overview - Founded in 2014, Rubrik is based in Palo Alto and serves over 6,000 global enterprises, including notable clients like Barclays and Home Depot [2] - The company transitioned to a subscription-first model post-IPO in April 2024, with over 90% of its revenue derived from recurring SaaS contracts [2] Product and Technology - Rubrik's platform integrates backup, detection, governance, and continuity, enhanced by AI-driven modules such as "Ruby" and Project Annapurna, which automate compliance and threat response [3] - The acquisition of Predibase in 2025 bolstered Rubrik's AI capabilities, allowing clients to utilize protected data for generative AI and reduce inference costs [3] Financial Performance - In FY2025, Rubrik reported revenue of $886.5 million, reflecting a 41% year-over-year growth, and crossed $1.1 billion in annual recurring revenue (ARR) [4] - The company achieved positive free cash flow and maintained gross margins exceeding 70% [4] Market Position and Valuation - Rubrik trades at approximately 8 times EV/revenue, presenting a less crowded investment opportunity compared to peers like CrowdStrike, with potential for asymmetric upside as demand for AI-driven cyber resilience grows [5] - The company has been recognized as a Gartner "Leader" for six consecutive years, indicating a strong market position and customer loyalty [4] Recent Developments - The stock price of Rubrik has appreciated about 33.01% since December 2024, reflecting the successful execution of its growth thesis and ongoing expansion of its AI-driven platform [6]

Core Insights - Commvault is showcasing its latest innovations in cyber resilience and AI-enabled recovery at the Gartner IT Infrastructure, Operations & Cloud Strategies Conference 2025, emphasizing unified visibility and control across hybrid and multi-cloud environments [1] - The company introduced new features such as Synthetic Recovery and Identity Resilience, which leverage AI to enhance data recovery and threat detection capabilities [1] Company Innovations - Commvault's Synthetic Recovery utilizes AI to identify corrupted data post-attack and facilitates clean recovery of unaffected data [1] - The Identity Resilience capabilities allow customers to detect hard-to-find threats in identity solutions, log malicious changes, and quickly revert to a secure state [1] Event Participation - Commvault's Global Field CTO, Rahul Pawar, will lead a session titled "Unified Cyber Resilience with AI for Hybrid & Cloud" during the conference, focusing on AI-driven insights for improved recovery and cost efficiency [1] - Attendees at the conference can visit Commvault's booth (344) to learn more about the innovations and enter a raffle for giveaways [1] Additional Resources - Commvault has made available on-demand content from its SHIFT 2025 event, providing insights into advancements in cloud-native data protection, identity resilience, and cyber recovery [1]