In today’s recent session, 0.44 million shares of the Rubrik Inc (NYSE:RBRK) have been traded, and its beta is 0.43. Most recently the company’s share price was $61.76, and it changed around $2.75 or 4.66% from the last close, which brings the market valuation of the company to $11.72B. RBRK at last check was trading at a discount to its 52-week high of $80.00, offering almost -29.53% off that amount. The share price’s 52-week low was $28.34, which indicates that the recent value has risen by an impressive 54.11% since then. We note from Rubrik Inc’s average daily trading volume that its 10-day average is 3.18 million shares, with the 3-month average coming to 2.43 million.
Rubrik Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.43. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 2 recommended RBRK as a Hold, whereas 15 deemed it a Buy, and 0 rated it as Underweight. Rubrik Inc is expected to report earnings per share of -0.32 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 4.66% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 62.63 on recent trading dayincreased the stock’s daily price by 1.39%. The company’s shares are currently down -5.51% year-to-date, but still up 16.49% over the last five days. On the other hand, Rubrik Inc (NYSE:RBRK) is -12.57% down in the 30-day period. We can see from the shorts that 7.81 million shares have been sold at a short interest cover period of 3.87 day(s).
The consensus price target as assigned by Wall Street analysts is $50, which translates to bulls needing to decrease their stock price by -23.52% from its current value. Analyst projections state that RBRK is forecast to be at a low of $50 and a high of $50.
Rubrik Inc (RBRK) estimates and forecasts
The year-over-year growth rate is expected to be 30.52%, up from the previous year.
Consensus estimates provided by 17 financial analysts predict the company will bring in an average of 260.39M in revenue for the current quarter. 17 analysts expect Rubrik Inc to make 272.84M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 187.31M and 204.95M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 39.01%. Forecasts for the next quarter put sales growth at 33.13%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -57.67%.
RBRK Dividends
Rubrik Inc’s next quarterly earnings report is expected to be released on 2025-Mar-12.
Rubrik Inc (NYSE:RBRK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 23.57% of Rubrik Inc shares, and 67.32% of them are in the hands of institutional investors. The stock currently has a share float of 88.08%. Rubrik Inc stock is held by 336.0 institutions, with NORGES BANK being the largest institutional investor. By 2024-06-30, it held 1.8352% of the shares, which is about 3.3 million shares worth $101.19 million.
BAIN CAPITAL VENTURE INVESTORS, LLC, with 1.5344% or 2.76 million shares worth $84.61 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.18 shares worth $136.43 million, making up 2.11% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 1.76 shares worth around $110.08 million, which represents about 1.71% of the total shares outstanding.
