The Short-term Rise and Fall of Rubrik Inc (RBRK) Stock

A share price of Rubrik Inc [RBRK] is currently trading at $44.81, up 1.11%. 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 7.85% over the last week, with a monthly amount glided 14.14%, 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 September 10, 2024, when BMO Capital Markets reiterated its Outperform rating and also revised its price target to $38 from $40. Previously, Piper Sandler started tracking the stock with Overweight rating on August 19, 2024, and set its price target to $42. On July 15, 2024, Robert W. Baird initiated with a Outperform rating and assigned a price target of $42 on the stock. BMO Capital Markets upgraded its rating to a Outperform but stick to its price target of $40 on June 06, 2024. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $50 as its price target on May 31, 2024. Wells Fargo started tracking with a Overweight rating for this stock on May 20, 2024, and assigned it a price target of $42. In a note dated May 20, 2024, Wedbush initiated an Outperform rating and provided a target price of $50 on this stock.

Rubrik Inc experienced fluctuations in its stock price throughout the past year between $28.34 and $45.90. Currently, Wall Street analysts expect the stock to reach $45.06 within the next 12 months. Rubrik Inc [NYSE: RBRK] shares were valued at $44.81 at the most recent close of the market. An investor can expect a potential return of 0.56% based on the average RBRK price forecast.

Analyzing the RBRK fundamentals

Trailing Twelve Months sales for Rubrik Inc [NYSE:RBRK] were 732.88M which represents 35.25% growth. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -1.42%, Pretax Profit Margin comes in at -1.46%, and Net Profit Margin reading is -1.49%. To continue investigating profitability, this company’s Return on Assets is posted at -0.9, Equity is 1.8 and Total Capital is -2.36. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.63.

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 43.96 points at the first support level, and at 43.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.33, and for the 2nd resistance point, it is at 45.85.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Rubrik Inc [NYSE:RBRK] is 1.04. Further, the Quick Ratio stands at 1.03, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 11.11.

Transactions by insiders

Recent insider trading involved Choudary Kiran Kumar, Chief Financial Officer, that happened on Nov 08 ’24 when 7330.0 shares were sold. Chief Financial Officer, Choudary Kiran Kumar completed a deal on Nov 11 ’24 to sell 2670.0 shares. Meanwhile, Chief Financial Officer Choudary Kiran Kumar sold 1800.0 shares on Nov 12 ’24.

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