In the last trading session, 2.13 million Rubrik Inc (NYSE:RBRK) shares changed hands as the company’s beta touched 0. With the company’s per share price at $74.08 changed hands at $3.21 or 4.53% during last session, the market valuation stood at $13.72B. RBRK’s last price was a discount, traded about -4.24% off its 52-week high of $77.22. The share price had its 52-week low at $28.34, which suggests the last value was 61.74% up since then. When we look at Rubrik Inc’s average trading volume, we note the 10-day average is 1.88 million shares, with the 3-month average coming to 2.56 million.
Analysts gave the Rubrik Inc (RBRK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.48. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended RBRK as a Hold, 11 felt it is a Buy and 0 rated the stock as Underweight. Rubrik Inc’s EPS for the current quarter is expected to be -0.39.
Rubrik Inc (NYSE:RBRK) trade information
Instantly RBRK was in green as seen at the end of in last trading. With action 1.22%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 13.34%, with the 5-day performance at 1.22% in the green. However, in the 30-day time frame, Rubrik Inc (NYSE:RBRK) is 11.65% up. Looking at the short shares, we see there were 4.37 million shares sold at short interest cover period of 3.22 days.
The consensus price target for the stock as assigned by Wall Street analysts is 43, meaning bulls need a downside of -72.28% from its current market value. According to analyst projections, RBRK’s forecast low is 38 with 50 as the target high. To hit the forecast high, the stock’s price needs a 32.51% surge from its current level, while the stock would need to tank 48.7% for it to hit the projected low.
Rubrik Inc (RBRK) estimates and forecasts
Data shows that the Rubrik Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 138.58% over the past 6 months, a 68.66% in annual growth rate that is considerably higher than the industry average of 26.30%. Year-over-year growth is forecast to reach 37.19% up from the last financial year.
Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 232.91M. 16 analysts are of the opinion that Rubrik Inc’s revenue for the current quarter will be 242.47M. The estimates for the next quarter sales put growth at 29.45%.
Rubrik Inc (NYSE:RBRK)’s Major holders
Among Mutual Funds, the top two as of Sep 30, 2024 were Smallcap World Fund and First Tr Exchange Traded Fd II-First Tr Cloud Computing ETF. With 1.75 shares estimated at $129.64 million under it, the former controlled 2.01% of total outstanding shares. On the other hand, First Tr Exchange Traded Fd II-First Tr Cloud Computing ETF held about 1.33% of the shares, roughly 1.16 shares worth around $86.07 million.
