During the recent session, Rubrik Inc (NYSE:RBRK)’s traded shares were 0.8 million. At the last check today, the stock’s price was $62.30, reflecting an intraday loss of -5.61% or -$3.7. The 52-week high for the RBRK share is $80.00, that puts it down -28.41 from that peak though still a striking 54.51% gain since the share price plummeted to a 52-week low of $28.34. The company’s market capitalization is $11.82B, and the average intraday trading volume over the past 10 days was 3.45 million shares, and the average trade volume was 2.30 million shares over the past three months.
Rubrik Inc (RBRK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.45. RBRK has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 11 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.32.
Rubrik Inc (NYSE:RBRK) trade information
Rubrik Inc (RBRK) registered a -5.61% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.61% in intraday trading to $62.30, hitting a weekly high. The stock’s 5-day price performance is -8.64%, and it has moved by -3.11% in 30 days. The short interest in Rubrik Inc (NYSE:RBRK) is 8.35 million shares and it means that shorts have 3.87 day(s) to cover.
The consensus price target of analysts on Wall Street is $50, which implies a decrease of -24.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $50 and $50 respectively. As a result, RBRK is trading at a premium of 19.74% off the target high and 19.74% off the low.
Rubrik Inc (RBRK) estimates and forecasts
In the rating firms’ projections, revenue will increase 30.32% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 260.39M as predicted by 17 analyst(s). Meanwhile, a consensus of 17 analyst(s) estimates revenue growth to 272.84M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 187.31M and 204.95M respectively. In this case, analysts expect current quarter sales to grow by 39.01% and then jump by 33.13% in the coming quarter.
RBRK Dividends
Rubrik Inc is due to release its next quarterly earnings on 2025-Mar-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Rubrik Inc (NYSE:RBRK)’s Major holders
Rubrik Inc insiders own 23.07% of total outstanding shares while institutional holders control 67.29%, with the float percentage being 87.47%. NORGES BANK is the largest shareholder of the company, while 328.0 institutions own stock in it. As of 2024-06-30, the company held over 3.3 million shares (or 1.8352% of all shares), a total value of $101.19 million in shares.
The next largest institutional holding, with 2.76 million shares, is of BAIN CAPITAL VENTURE INVESTORS, LLC’s that is approximately 1.5344% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $84.61 million.
Also, the Mutual Funds coming in first place with the largest holdings of Rubrik Inc (RBRK) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 2.18 shares. This amounts to just over 2.11 percent of the company’s overall shares, with a $135.34 million market value. The same data shows that the other fund manager holds slightly less at 1.76, or about 1.71% of the stock, which is worth about $109.2 million.
