Cantor Fitzgerald Reaffirms Overweight on Rubrik (RBRK) With $115 Price Target

Rubrik, Inc. (NYSE:RBRK) is one of the AI Stocks on Wall Street’s Radar. On September 10, Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating and $115.00 price target the stock.

The rating affirmation follows Rubrik’s robust second-quarter results which surpassed estimates across a number of metrics. It also added an estimated $71 million in net new annual recurring revenue (NNARR), outperforming consensus estimates.

Ruykhaver is optimistic about the stock, citing cloud adoption and data protection needs as long-term growth drivers. Moreover, new products such as Agent Rewind and Identity Resilience continue to demonstrate innovation.

“We reiterate our Overweight rating and maintain our 12-month price target of $115. Rubrik delivered an impressive 2Q26, beating FactSet consensus estimates on revenue, subscription ARR, operating income, and free cash flow. The firm delivered ~$71M in NNARR, well above consensus estimates, and raised its FY26 guidance across the board. We remain bullish on ongoing cloud migration and the rising importance of data resilience as key secular growth drivers, with Rubrik at the forefront of market innovation. Strong NRR and large deal activity underscore momentum in the platform strategy, while initiatives like Agent Rewind and Identity Resilience highlight continued innovation.”

Rubrik, Inc. (NYSE:RBRK) provides data security solutions to individuals and businesses worldwide.

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Disclosure: None.