The cybersecurity leader is helping to defend against rogue AI agents.Shares of Rubrik (RBRK +22.63%) rocketed 22% higher on Friday after the data security specialist delivered impressive growth metrics. Business is boomingRubrik's revenue rose 48% year over year to $350 million in the third quarter. The company's subscription annual recurring revenue (ARR) leaped 34% to $1.35 billion, as the number of customers with ARR of $100,000 or more increased 27%.The cybersecurity provider is benefiting from the tr ...

Rubrik Inc. (NYSE:RBRK) is one of the best new stocks to invest in. On November 18, Berenberg analyst Rahul Chopra initiated coverage of Rubrik with a Buy rating and $114 price target. This decision was made as Berenberg initiated coverage on the cybersecurity sector, Rubrik among other top picks. Berenberg believes that Rubrik offers the most direct exposure to the data explosion and AI themes, driven by strong data-based upselling. Earlier in its Q3 2025 earnings report, Rubrik disclosed surpassing $1 b ...

Core Insights - Rubrik Inc. is recognized as a promising stock with significant upside potential, with CIBC raising its price target to $130 from $125 while maintaining an Outperform rating [1] - The company's FQ2 2026 earnings report showed strong financial performance, with total revenue of $310 million, a 51% year-over-year increase [2] - CIBC forecasts revenue growth of 34% for FY2026 and 23% for FY2027, despite a conservative outlook for FQ3 [1][2] Financial Performance - Subscription revenue reached $297 million, reflecting a 55% increase from the previous year [2] - Annual Recurring Revenue (ARR) surpassed $1.25 billion, growing by 36% year-over-year [2] - The company added $71 million in Net New Subscription ARR for the quarter, with a Subscription Net Retention Rate above 120% [2][3] Customer Growth and Profitability - Rubrik's customer base expanded to 2,505 customers with over $100,000 in Subscription ARR, marking a 27% increase year-over-year [3] - The company reported improved profitability and cash flow, with a cash position of $1.5 billion at the end of the quarter, including cash equivalents, restricted cash, and marketable securities [3]

Core Viewpoint - Rubrik, Inc. is highlighted as a notable AI stock, with a neutral rating from Mizuho analyst Gregg Moskowitz and a price target of $97.00, despite strong quarterly results [1][4]. Financial Performance - The company's subscription annual recurring revenue increased by 36% year-over-year, surpassing Street forecasts of 33% [2]. - Net new subscriptions reached $71 million, reflecting a 12% growth, which is a slowdown compared to the 23% growth in the previous quarter [2]. - Cloud subscriptions exhibited robust growth, increasing by 57% year-over-year [2]. - Management has raised its full-year guidance, indicating positive expectations for future performance [2]. Market Position and Valuation - Analysts believe Rubrik's emphasis on data security and ransomware distinguishes it from competitors [3]. - The stock has appreciated significantly, rising 200% since its IPO in mid-2024 and 51% year-to-date, leading analysts to view the shares as fairly valued [3][4]. - The company is recognized for its strong focus on protecting and operationalizing data, along with advanced ransomware defenses, which sets it apart from legacy and next-gen vendors [4].