In the latest trading session,, 0.44 million Rubrik Inc (NYSE:RBRK) shares changed hands as the company’s beta touched 0.95. With the company’s most recent per share price at $52.88 changing hands around $0.07 or 0.13% at last look, the market valuation stands at $10.04B. RBRK’s current price is a discount, trading about -51.29% off its 52-week high of $80.00. The share price had its 52-week low at $28.34, which suggests the last value was 46.41% up since then. When we look at Rubrik Inc’s average trading volume, we note the 10-day average is 3.22 million shares, with the 3-month average coming to 2.37 million.
Analysts gave the Rubrik Inc (RBRK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.45. 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 -0.32.
Rubrik Inc (NYSE:RBRK) trade information
Instantly RBRK is in green as seen in intraday trades today. With action -15.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -19.09%, with the 5-day performance at -15.30% in the red. However, in the 30-day time frame, Rubrik Inc (NYSE:RBRK) is -1.75% down. Looking at the short shares, we see there were 8.35 million shares sold at short interest cover period of 3.87 days.
The consensus price target for the stock as assigned by Wall Street analysts is 50, meaning bulls need a downside of -5.76% from its recent market value. According to analyst projections, RBRK’s forecast low is 50 with 50 as the target high. To hit the forecast high, the stock’s price needs a 5.45% surge from its current level, while the stock would need to tank 5.45% for it to hit the projected low.
Rubrik Inc (RBRK) estimates and forecasts
Year-over-year growth is forecast to reach 30.32% 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 260.39M. 17 analysts are of the opinion that Rubrik Inc’s revenue for the current quarter will be 272.84M. The company’s revenue for the corresponding quarters a year ago was 187.31M and 204.95M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 39.01%. The estimates for the next quarter sales put growth at 33.13%. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -57.67%. The 2025 estimates are for Rubrik Inc earnings to increase by 26.38%.
Rubrik Inc (NYSE:RBRK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 23.13% of Rubrik Inc shares while 67.25% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 87.47%. There are 67.25% institutions holding the Rubrik Inc stock share, with NORGES BANK the top institutional holder. As of 2024-06-30, the company held 1.8352% of the shares, roughly 3.3 million RBRK shares worth $101.19 million.
BAIN CAPITAL VENTURE INVESTORS, LLC holds the second largest percentage of outstanding shares, with 1.5344% or 2.76 million shares worth $84.61 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 2.18 shares estimated at $116.11 million under it, the former controlled 2.11% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 1.71% of the shares, roughly 1.76 shares worth around $93.69 million.
