This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Technology Companies: Rubrik, Inc. Class A (RBRK), ON Semiconductor (ON) and Cloudflare (NET)

Tipranks - Tipranks - Tue Jun 16, 5:48AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Rubrik, Inc. Class A (RBRK), ON Semiconductor (ON) and Cloudflare (NET).

Claim 55% Off TipRanks

Rubrik, Inc. Class A (RBRK)

Citi analyst Fatima Boolani reiterated a Buy rating on Rubrik, Inc. Class A on June 12 and set a price target of $96.00. The company’s shares closed last Friday at $68.19.

According to TipRanks.com, Boolani is a 5-star analyst with an average return of 16.9% and a 63.2% success rate. Boolani covers the Technology sector, focusing on stocks such as International Business Machines, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Currently, the analyst consensus on Rubrik, Inc. Class A is a Strong Buy with an average price target of $91.96, which is a 28.8% upside from current levels. In a report issued on May 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $79.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

ON Semiconductor (ON)

In a report released today, Atif Malik from Citi initiated coverage with a Hold rating on ON Semiconductor and a price target of $120.00. The company’s shares closed last Friday at $116.79.

According to TipRanks.com, Malik is a top 25 analyst with an average return of 52.7% and a 81.3% success rate. Malik covers the Technology sector, focusing on stocks such as Cerebras Systems, Inc. Class A, Advanced Micro Devices, and Keysight Technologies. ;'>

Currently, the analyst consensus on ON Semiconductor is a Moderate Buy with an average price target of $109.64, a -5.5% downside from current levels. In a report issued on May 31, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $125.00 price target.

Cloudflare (NET)

In a report released yesterday, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Cloudflare, with a price target of $270.00. The company’s shares closed last Friday at $228.48.

According to TipRanks.com, Kothari is a 5-star analyst with an average return of 19.4% and a 65.3% success rate. Kothari covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Rubrik, Inc. Class A, and Palo Alto Networks. ;'>

Cloudflare has an analyst consensus of Moderate Buy, with a price target consensus of $245.81, which is a 6.9% upside from current levels. In a report issued on May 30, TipRanks – PerPlexity also upgraded the stock to Buy with a $270.00 price target.

Read More on RBRK:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).