A View of Rubrik Inc. (RBRK) Stock’s Fundamentals and Valuations

Rubrik Inc. [RBRK] stock is trading at $35.00, down -3.87%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RBRK shares have gain 0.75% over the last week, with a monthly amount glided 16.05%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Rubrik Inc. [NYSE: RBRK] stock has seen the most recent analyst activity on July 15, 2024, when Robert W. Baird initiated its Outperform rating and assigned the stock a price target of $42. Previously, BMO Capital Markets upgraded its rating to Outperform on June 06, 2024, and kept the price target unchanged to $40. On May 31, 2024, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $50 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $42 on May 20, 2024. Wedbush initiated its recommendation with a Outperform and recommended $50 as its price target on May 20, 2024. Truist started tracking with a Buy rating for this stock on May 20, 2024, and assigned it a price target of $43. In a note dated May 20, 2024, Mizuho initiated an Buy rating and provided a target price of $46 on this stock.

Rubrik Inc. [RBRK] stock has fluctuated between $28.34 and $40.00 over the past year. Currently, Wall Street analysts expect the stock to reach $45.43 within the next 12 months. Rubrik Inc. [NYSE: RBRK] shares were valued at $35.00 at the most recent close of the market. An investor can expect a potential return of 29.8% based on the average RBRK price forecast.

Analyzing the RBRK fundamentals

Rubrik Inc. [NYSE:RBRK] reported sales of 679.47M for the trailing twelve months, which represents a growth of 38.00%. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at -1.39%, Pretax Profit Margin comes in at -1.43%, and Net Profit Margin reading is -1.47%. To continue investigating profitability, this company’s Return on Assets is posted at -0.85, Equity is 1.62 and Total Capital is -2.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.25 points at the first support level, and at 33.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.11, and for the 2nd resistance point, it is at 37.23.

Ratios To Look Out For

For context, Rubrik Inc.’s Current Ratio is 1.05. Further, the Quick Ratio stands at 1.05, while the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 9.28.

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