AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Rubrik's valuation has been adjusted downward to $114.05 per share due to a more measured outlook for future growth. Analysts are optimistic about durable demand but cautious about the pace of growth. Recent Q2 results showed strong execution, with revenue up 51% YoY and subscription ARR growth of 36% YoY. However, concerns remain about whether the company's strong share performance and conservative Q3 outlook have already reflected all the upside in its valuation.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet