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Rubrik, Inc. Class A (RBRK) Receives a Buy from BTIG

Tipranks - Tipranks - Tue Mar 31, 5:20AM CDT

In a report released on March 27, Gray Powell from BTIG reiterated a Buy rating on Rubrik, Inc. Class A, with a price target of $64.00. The company’s shares closed last Friday at $45.73.

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According to TipRanks, Powell is a 4-star analyst with an average return of 5.9% and a 50.92% success rate. Powell covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, SailPoint, Inc., and Netskope, Inc..

In addition to BTIG, Rubrik, Inc. Class A also received a Buy from Barclays’s Saket Kalia in a report issued on March 27. However, yesterday, TipRanks – xAI reiterated a Hold rating on Rubrik, Inc. Class A (NYSE: RBRK).

See today’s best-performing stocks on TipRanks >>

Based on Rubrik, Inc. Class A’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $377.68 million and a GAAP net loss of $86.97 million. In comparison, last year the company earned a revenue of $258.1 million and had a GAAP net loss of $114.89 million

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