Visit North Hall, booth #5457, where Varonis will be showcasing its new Atlas AI security platform, and learn how to secure AI and data at scaleMIAMI, March 18, 2026 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the data and AI security leader, is proud to return to the RSA Conference as a Platinum Plus Sponsor. Varonis' highlights at RSA Conference 2026 include a mainstage keynote covering how AI is impacting and transforming security, sessions on AI risks and attack techniques, and a full rost ...

Core Insights - Rubrik Inc. reported strong quarterly earnings that exceeded analyst expectations, leading to a rise in share price during premarket trading [1] Financial Performance - The company achieved earnings of 4 cents per share, surpassing the consensus estimate of a loss of 11 cents [2] - Quarterly revenue reached $377.68 million, exceeding the expected $342.34 million, and marking a significant increase from $258.1 million in the same period last year [2] Strategic Direction - CEO Bipul Sinha emphasized Rubrik's transition from traditional data security to a comprehensive "mission control" platform for AI enterprises, highlighting the company's growing role in the AI sector [3] Future Outlook - For fiscal 2027, Rubrik projects adjusted earnings between 7 cents and 27 cents, with revenue expectations ranging from $1.597 billion to $1.607 billion, compared to the consensus of $1.570 billion [4] - The company anticipates a first quarter 2026 adjusted loss between 2 cents and 4 cents, with sales projected between $365 million and $367 million, exceeding the consensus of $350.8 million [5] Stock Performance - Rubrik shares are currently trading 1.8% above the 20-day simple moving average but remain 19.2% below the 100-day simple moving average, indicating a mixed short- to medium-term outlook [6] - Over the past 12 months, shares have decreased by 2.28%, and they are closer to their 52-week lows than highs [6] Technical Indicators - The RSI is at 44.99, indicating neutral territory, while the MACD shows a bullish crossover, suggesting mixed momentum [7] Analyst Consensus - The stock carries a Buy Rating with an average price target of $99.15, with recent analyst actions including lowered targets from Cantor Fitzgerald, Rosenblatt, and Baird [8][9] Price Action - Rubrik shares were up 2.48% at $55.36 during premarket trading [10]

Core Insights - Rubrik, Inc. reported fourth-quarter earnings that exceeded both revenue and earnings estimates, indicating strong performance in the market [1][2]. Financial Performance - Quarterly earnings were reported at four cents per share, surpassing the consensus estimate of a loss of 11 cents [2]. - Revenue for the quarter reached $377.68 million, exceeding the Street estimate of $342.34 million and showing a significant increase from $258.1 million in the same period last year [2]. Strategic Positioning - The CEO of Rubrik, Bipul Sinha, highlighted the company's transition from traditional data security to becoming a "mission control" platform for AI enterprises, emphasizing the importance of risk management and recovery in scaling AI transformations [2]. Future Outlook - For fiscal 2027, Rubrik anticipates adjusted earnings between seven cents and 27 cents, compared to the analyst estimate of seven cents, and revenue projected in the range of $1.6 billion to $1.61 billion, exceeding the $1.57 billion estimate [3]. - Following the earnings report, Rubrik's stock price increased by 4.22% to $56.30 in extended trading [3].

Core Insights - Rubrik (RBRK) is set to announce its fourth-quarter fiscal 2026 results on March 12, with expected revenues between $341 million and $343 million, reflecting approximately 33% year-over-year growth. The anticipated non-GAAP loss per share is between 10 cents and 12 cents [1][8]. Revenue Expectations - The Zacks Consensus Estimate for Rubrik's revenues stands at $342.11 million, indicating a year-over-year increase of 332.55%. The consensus for loss per share is 11 cents, unchanged over the past month. In the same quarter last year, Rubrik reported a loss of 18 cents per share [2]. Performance Drivers - Rubrik's fourth-quarter performance is expected to benefit from its strong position in the growing cyber resilience market and increasing demand for its data security solutions [3]. - The company has shown robust subscription ARR growth, with 2,638 customers contributing over $100K in subscription ARR, marking a 27% year-over-year increase. These large customers now account for 86% of Rubrik's subscription ARR, up from 83% the previous year [4]. Customer Growth - In Q4 fiscal 2026, Rubrik added a record 23 new customers with subscription ARR of $1 million or more, leading to over 50% growth in its $1 million subscription base. The average subscription dollar-based net retention rate exceeds 120%, indicating strong customer satisfaction and consistent expansion within the existing customer base [5]. Cloud ARR Growth - Cloud ARR reached $1,175 million, representing a 53% year-over-year increase, driven by the adoption of the Rubrik Security Cloud platform. Innovations such as the Identity Resilience platform and Rubrik Agent Cloud are expected to have significantly contributed to the company's performance in the fourth quarter [6]. Competitive Landscape - Despite its growth, Rubrik faces stiff competition and a substantial increase in operating expenses, which may negatively impact its performance in the upcoming quarter [7]. Clientele Expansion - Rubrik's expanding clientele includes major industry players like Amazon Web Services (AWS), CrowdStrike, and Microsoft. The collaboration with AWS aims to enhance cyber resilience and facilitate enterprise AI adoption through Rubrik's AI portfolio [8][9].

Overview - The company Varonis focuses on data security, emphasizing that cybersecurity is fundamentally about protecting data rather than physical assets [2]. Industry Context - The cybersecurity landscape is increasingly complex, with companies managing vast amounts of data across data centers and various cloud platforms, including hyperscalers and AI workloads [2]. - Companies face significant regulatory risks regarding data management, including questions about data inventory, location, and control measures [2]. - There is a growing reputational risk for companies, as data breaches can lead to negative publicity and loss of trust, exemplified by the potential for being featured in major news outlets like the Wall Street Journal [2].

Core Insights - Rubrik Inc. (NYSE:RBRK) is recognized as a promising tech stock, particularly following the promotion of Jesse Green to Chief Revenue Officer, who will oversee the global revenue organization [1][7] - The leadership change comes after a successful period for the company, with strong preliminary Q4 financial results that surpassed previous guidance [2] - Rubrik has experienced rapid growth, particularly in its Cyber Resilience and AI Agent Operations platforms, supported by acquisitions such as Predibase and Laminar [3] Company Overview - Rubrik Inc. provides a range of data security solutions, including enterprise, unstructured, cloud, and SaaS data protection, as well as identity provider services protection and cyber recovery solutions [4]

Core Insights - Varonis Systems Inc. (NASDAQ:VRNS) experienced a significant stock price increase of 13.07%, closing at $25.61, driven by positive ratings from multiple investment firms [1][6]. Group 1: Ratings and Price Targets - Six investment firms, including DA Davidson, UBS, B. Riley, Wedbush, Truist, and RBC, assigned "overweight" and "buy" ratings to Varonis, but lowered their price targets to a range of $30 to $45 from a previous range of $30 to $60 [2]. - Morgan Stanley maintained an "equal weight" rating while reducing its price target to $27 [2]. Group 2: Acquisition and Strategic Positioning - Varonis recently acquired AllTrue.ai, an AI trust, risk, and security management company, which is expected to enhance the company's capabilities in managing AI systems [3]. - The acquisition aims to provide real-time visibility and security for AI systems, complementing Varonis' expertise in enterprise data, identities, and access [3][4]. Group 3: Market Sentiment and Future Outlook - The positive market sentiment surrounding Varonis is reflected in its stock performance, although there are suggestions that other AI stocks may offer higher returns with lower risk [5].

Core Insights - Quantum Secure Encryption Corp. (QSE) has filed its audited annual financial statements for the year ended September 30, 2025, marking a significant milestone for the company [1][3] Business Transformation - In fiscal 2025, QSE underwent a transformation with a strengthened management team and an enhanced product suite, achieving its first revenues through the acquisition of Cloud Codes [2] - The company anticipates building on this success in fiscal 2026 with new user acquisitions and continued expansion of its product line, alongside obtaining Level 1 and 2 certifications under CyberSecure Canada [2] Financial Reporting - The annual filings were completed later than initially planned due to additional time required for the auditor's review of the valuation of the recently acquired Cloud Codes SSO technology, with no disagreements reported [3] Company Overview - QSE specializes in post-quantum data security, encryption, and secure data infrastructure, focusing on protecting sensitive data from current and future cyber threats [4] - The company serves various sectors, including commercial, enterprise, and public sectors, emphasizing long-term data confidentiality and resilience [4] Key Developments - Ted Carefoot has been appointed as the new CEO, bringing experience from leadership roles at Electronic Arts and Disney Online Studies Canada [8] - QSE launched a subscription model for encrypted, quantum-resilient cloud storage solutions and acquired the Cloud Codes business, generating immediate revenue [8] - The company has raised sufficient capital to support its expansion and development needs [8]

Core Viewpoint - The market anticipates Check Point Software (CHKP) to report a year-over-year increase in earnings driven by higher revenues for the quarter ending December 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on February 12, with a consensus EPS estimate of $2.77, reflecting a +2.6% year-over-year change, and revenues projected at $746.02 million, up 6% from the previous year [3][2]. - The consensus EPS estimate has been revised 1.74% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that Check Point has a positive Earnings ESP of +0.08%, suggesting analysts have recently become more optimistic about the company's earnings prospects [12]. - The stock currently holds a Zacks Rank of 3, indicating a neutral outlook, but the combination of a positive Earnings ESP suggests a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Check Point exceeded the expected EPS of $2.45 by delivering $3.94, resulting in a surprise of +60.82% [13]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [14]. Conclusion - Check Point is viewed as a strong candidate for an earnings beat, but investors are advised to consider additional factors beyond earnings results when making investment decisions [17].

Core Viewpoint - Quantum Secure Encryption Corp. (QSE) has renewed its enterprise customer agreement with The Muthoot Group in India, reinforcing its strategy to strengthen its presence in the Indian financial services market [1][3][10] Group 1: Agreement Details - The renewed agreement covers approximately 14,000 user licenses, indicating a significant deployment of QSE's secure access and post-quantum readiness platform [2][5][10] - The commercial terms of the agreement are structured to evolve over time as deployment requirements expand and additional service capabilities are introduced [4][10] Group 2: Strategic Importance - The renewal enhances QSE's position in India's financial sector, as Muthoot is recognized as a leading financial services organization with extensive customer reach [3][10] - This agreement serves as a foundation for broader platform adoption, with potential opportunities for introducing additional post-quantum security services as customer requirements evolve [7][10] Group 3: Management Commentary - The CEO of QSE highlighted that the renewal represents an important milestone in strengthening the company's presence in the Indian market and underscores the trust placed in its platform by large, security-sensitive institutions [6][10] Group 4: Future Expansion Potential - QSE intends to continue discussions throughout 2026 regarding potential future extensions of the agreement, including expanded deployment scope and additional platform services [5][10][11]