In today’s recent session, 0.43 million shares of the Rubrik Inc (NYSE:RBRK) were traded. Most recently the company’s share price was $70.72, and it changed around $0.93 or 1.33% from the last close, which brings the market valuation of the company to $12.85B. RBRK at last check was trading at a discount to its 52-week high of $72.66, offering almost -2.74% off that amount. The share price’s 52-week low was $28.34, which indicates that the recent value has risen by an impressive 59.93% since then. We note from Rubrik Inc’s average daily trading volume that its 10-day average is 3.6 million shares, with the 3-month average coming to 2.38 million.
Rubrik Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.26. If we narrow it down even further, the data shows that 0 out of 19 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 1 recommended RBRK as a Hold, whereas 14 deemed it a Buy, and 0 rated it as Underweight. Rubrik Inc is expected to report earnings per share of -0.39 for the current quarter.
Rubrik Inc (NYSE:RBRK) trade information
Instantly RBRK has been showing a green trend so far today with a performance of 1.33% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 72.66 on recent trading dayincreased the stock’s daily price by 2.67%. The company’s shares are currently up 91.14% year-to-date, but still up 38.86% over the last five days. On the other hand, Rubrik Inc (NYSE:RBRK) is 58.00% up in the 30-day period. We can see from the shorts that 4.37 million shares have been sold at a short interest cover period of 3.22 day(s).
The consensus price target as assigned by Wall Street analysts is $43, which translates to bulls needing to decrease their stock price by -64.47% from its current value. Analyst projections state that RBRK is forecast to be at a low of $38 and a high of $50.
Rubrik Inc (RBRK) estimates and forecasts
Rubrik Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 100.57 percent over the past six months and at a 64.21% annual growth rate that is well above the industry average of 24.70%.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 232.93M in revenue for the current quarter. 14 analysts expect Rubrik Inc to make 242.45M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 29.44%. Rubrik Inc earnings are expected to increase by 67.88% in 2024, but the outlook is positive 21.00% per year for the next five years.
Rubrik Inc (NYSE:RBRK)’s Major holders
Smallcap World Fund and AB Cap Fd.-AB Small Cap Growth Port were the top two Mutual Funds as of Sep 30, 2024. The former held 1.75 shares worth $126.76 million, making up 2.53% of all outstanding shares. On the other hand, AB Cap Fd.-AB Small Cap Growth Port held roughly 1.29 shares worth around $93.34 million, which represents about 1.86% of the total shares outstanding.
