rts logo

Rubrik Inc. (RBRK) Analysis & Forecast for 2024

Rubrik Inc. (NYSE: RBRK) is 15.14% higher on its value in year-to-date trading and has touched a low of $28.34 and a high of $41.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RBRK stock was last observed hovering at around $40.58 in the last trading session, with the day’s gains setting it 2.02%.

Currently trading at $42.60, the stock is 13.36% and 22.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.97 million and changing 4.98% at the moment leaves the stock 26.36% off its SMA200. RBRK registered a gain of 33.04% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $34.8474 and a 200-day simple moving average (SMA200) of $33.713768.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 32.50% loss in the last 1 month and extending the period to 3 months gives it a 14.52%, and is 10.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.62% over the week and 4.61% over the month.

Rubrik Inc. (RBRK) has around 3100 employees, a market worth around $7.74B and $732.88M in sales. Profit margin for the company is -149.11%. Distance from 52-week low is 50.32% and 3.07% from its 52-week high.

with sales reaching $217.57M over the same period.The EPS is expected to grow by 63.47% this year.

Rubrik Inc. (RBRK) Top Institutional Holders

The shares outstanding are 181.65M, and float is at 63.17M with Short Float at 7.76%.

Rubrik Inc. (RBRK) Insider Activity

The most recent transaction is an insider sale by Choudary Kiran Kumar, the company’s Chief Financial Officer. SEC filings show that Choudary Kiran Kumar sold 14,000 shares of the company’s common stock on Oct 25 ’24 at a price of $39.81 per share for a total of $0.56 million. Following the sale, the insider now owns 0.42 million shares.

Rubrik Inc. disclosed in a document filed with the SEC on Oct 29 ’24 that Choudary Kiran Kumar (Chief Financial Officer) sold a total of 1,800 shares of the company’s common stock. The trade occurred on Oct 29 ’24 and was made at $41.07 per share for $73926.0. Following the transaction, the insider now directly holds 0.42 million shares of the RBRK stock.

Still, SEC filings show that on Oct 28 ’24, Choudary Kiran Kumar (Chief Financial Officer) disposed off 1,500 shares at an average price of $39.40 for $59100.0. The insider now directly holds 423,060 shares of Rubrik Inc. (RBRK).

Related Posts