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KeyBanc Adjusts Rubrik (RBRK) PT to $95 Citing Valuation Multiples and Enterprise Spending Caution

Rubrik Inc. (NYSE:RBRK) is one of the overlooked growth stocks to buy. On January 12, KeyBanc analyst Eric Heath lowered the firm’s price target on Rubrik to $95 from $113 with an Overweight rating on the shares. The firm’s updated view reflects a slight contraction in peer valuation multiples, rising concerns over competitive pressure, and a more cautious outlook on enterprise security spending.

On January 5, Barclays also lowered the firm’s price target on Rubrik to $100 from $120, while maintaining an Overweight rating on the shares.

On the same day, Piper Sandler also adjusted its outlook for Rubrik Inc. (NYSE:RBRK) and cut the price target to $99 from $118 while maintaining an Overweight rating. The firm revised its valuation multiple to 11x, down from 13x, citing year-over-year comparisons and minor estimate tweaks following Rubrik’s 10-Q filing. Despite the lower target, Piper Sandler reaffirmed the stock as its top overall pick, reflecting continued confidence in the company’s 48% year-over-year revenue growth and its leadership in AI-driven cyber resilience.

Earlier on December 29, Stephens analyst Todd Weller initiated coverage of Rubrik with an Overweight rating and a $105 price target, highlighting the company’s strong growth potential in the data protection and security markets. The firm noted that Rubrik’s expected margin expansion should effectively balance its top-line gains, while its unified platform represents a disruptive departure from traditional legacy architectures.

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

While we acknowledge the potential of RBRK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RBRK and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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