13 Most Promising New Technology Stocks to Buy According to Hedge Funds

Page 10 of 12

3. Rubrik, Inc. (NYSE:RBRK)

Number of Hedge Fund Holders: 52

Rubrik, Inc. (NYSE:RBRK) is one of the Most Promising New Technology Stocks to Buy According to Hedge Funds. On September 24, Rubrik, Inc. (NYSE:RBRK) announced the launch of its Rubrik Okta Recovery at Oktane 2025 in Las Vegas.

Management noted that this new solution protects and restores Okta Identity Provider environments by providing automated, immutable backups and granular in-place recovery of key Okta objects. The solution also enables organizations to quickly recover from disruptions caused by misconfigurations, human errors, or malicious changes.

Moreover, the solution extends Rubrik, Inc. (NYSE:RBRK)’s existing identity recovery capabilities for Active Directory and Entra ID, making it the only unified recovery platform protecting all three major IdPs. Some of the key features include continuous automated backups, air-gapped immutable storage, and fast, granular recovery directly within Okta tenants.

Rubrik, Inc. (NYSE:RBRK) is a leading cloud data management company that provides a Zero Trust Data Security platform. It helps organizations protect their data from cyberattacks, insider threats, and operational disruptions.

Page 10 of 12