Rubrik Inc’s (NYSE: RBRK) Stock Rises 0.66 Percent, But Further Upside Could Be On The Way

ZM Stock

Rubrik Inc (NYSE:RBRK)’s traded shares stood at 1.71 million during the last session. At the close of trading, the stock’s price was $68.38, to imply an increase of 0.66% or $0.45 in intraday trading. The RBRK share’s 52-week high remains $75.79, putting it -10.84% down since that peak but still an impressive 58.56% since price per share fell to its 52-week low of $28.34. The company has a valuation of $12.67B, with an average of 4.18 million shares in intraday trading volume over the past 10 days and average of 2.41 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Rubrik Inc (RBRK), translating to a mean rating of 1.37. Of 11 analyst(s) looking at the stock, 0 analyst(s) give RBRK a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 11 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.39.

Rubrik Inc (NYSE:RBRK) trade information

After registering a 0.66% upside in the last session, Rubrik Inc (RBRK) has traded red over the past five days. The 5-day price performance for the stock is 0.48%, and 35.70% over 30 days. With these gigs, the year-to-date price performance is 84.81%. Short interest in Rubrik Inc (NYSE:RBRK) saw shorts transact 4.37 million shares and set a 3.22 days time to cover.

The extremes give us $38 and $50 for target low and target high price respectively. As such, RBRK has been trading 26.88% off suggested target high and 44.43% from its likely low.

Rubrik Inc (RBRK) estimates and forecasts

Looking at statistics comparing Rubrik Inc share performance against respective industry, we note that the company has outperformed competitors. Rubrik Inc (RBRK) shares are 123.10% up over the last 6 months, with its year-to-date growth rate higher than industry average at 68.66% against 26.50%. The rating firms project that company’s revenue will grow 37.18% compared to the previous financial year.

Revenue forecast for the current quarter as set by 17 analysts is 232.9M. Meanwhile, for the current quarter, a total of 15 analyst(s) estimate revenue growth to 242.47M.

RBRK Dividends

Rubrik Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.