Rubrik's (RBRK) An Innovator in Cloud Migration - Cantor Fitzgerald

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating and $105.00 price target on Rubrik Inc (NYSE: RBRK).

The analyst commented, "We reiterate our Overweight rating and maintain our 12-month price target of $105. Rubrik delivered an impressive 3Q26, beating FactSet consensus estimates on revenue, subscription ARR, operating income, and free cash flow. The firm delivered ~$95M in NNARR, well above consensus estimates and an acceleration Q/Q, 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 Cloud Agent, Agent Rewind and Identity Resilience highlight continued innovation and represent new incremental market opportunities."

For an analyst ratings summary and ratings history on Rubrik Inc click here. For more ratings news on Rubrik Inc click here.

Shares of Rubrik Inc closed at $70.43 yesterday.

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