Robert W. Baird Maintained a Buy Rating on the Stock, Keep the PT Unchanged

Rubrik, Inc. (NYSE:RBRK) is one of the 11 Unstoppable Tech Stocks to Invest inOn June 11, Robert W. Baird analyst Shrenik Kothari maintained a Buy rating on Rubrik, Inc. (NYSE:RBRK) with a price target of $110. The maintained bullish sentiment comes after the company posted a strong fiscal first quarter of 2026.

The company delivered a revenue of $278.5 million, up 49% year-over-year and ahead of market consensus by $18.07 million. The negative EPS of $0.15 also topped expectations by $0.17. Rubrik, Inc. (NYSE:RBRK) grew its subscription ARR by 38% year-over-year to $1.18 billion as of April 30, 2025.

Robert W. Baird Maintained a Buy Rating on the Stock, Keep the PT Unchanged

A database administrator managing a large database, ensuring the client’s data is secure.

Analyst Kothari noted Rubrik, Inc. (NYSE:RBRK) remaining performance obligations have shown significant year-over-year and quarter-over-quarter increases, indicating a healthy pipeline of future revenue. Nearly half of these obligations are expected to be recognized as revenue in the next 12 months, reflecting strong future income visibility. Moreover, the analyst also liked the subscription revenue growth, which was driven by higher-than-anticipated new sales and renewals.

Rubrik, Inc. (NYSE:RBRK) is a cloud data management company that provides a Zero Trust Data Security platform. It helps organizations against cyberattacks, malicious insiders, and operational disruptions.

While we acknowledge the potential of RBRK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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