Rubrik Gains Traction as Cloud Data Security Company
- DIP
- 5 days ago
- 1 min read
KeyBanc analyst Eric Heath has given Rubrik a Buy rating, setting a price target of $76 per share. During Q4 2025, Rubrik broadened its Security Cloud to offer comprehensive protection spanning enterprise, cloud, and SaaS applications and integrated Data Security Posture Management, enhancing customer control over access to diverse environments. Rubrik's annual recurring revenue saw a 39% year-over-year increase, reaching $1.093bn, with Q4 alone achieving a record $90m, fueled by growth in subscriptions exceeding $100,000. The company's appeal extends to hedge funds, with 41 holding positions in Rubrik.
Rubrik's robust financial results, emphasis on cloud data security, and support from key investors position it favorably in the existing market.
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