Rubrik (RBRK) Unveils SAGE AI Governance Engine to Reframe Its Identity Resilience Narrative
Rubrik (RBRK) has introduced its Semantic AI Governance Engine (SAGE), an AI governance platform designed to control autonomous agents and protect data integrity, aiming to broaden its role in AI operations and security. While this new offering and an integration with Microsoft Defender strengthen Rubrik's identity resilience narrative, the company still faces challenges regarding sustained double-digit revenue growth amid ongoing losses and intense competition. Analysts project significant revenue growth and a shift to profitability by 2029, suggesting a substantial upside to its current price despite the need for new initiatives to scale as hoped.
[Form 4] Rubrik, Inc. Insider Trading Activity
Rubrik director John Wendell Thompson engaged in insider trading activity on April 1, 2026, as reported in a Form 4 filing. He exercised options for 11,000 shares at $4.38 and converted Class B to Class A stock. Simultaneously, entities associated with him sold 13,500 Class A shares at weighted average prices between $48 and $49 per share under a pre-arranged Rule 10b5-1 trading plan, retaining significant direct and indirect holdings.
Director adds 10,638 Rubrik (NYSE: RBRK) shares at $47.21
Rubrik director Mark D. McLaughlin purchased 10,638 shares of Class A Common Stock at a weighted average price of $47.21 per share on March 30, 2026. This open-market transaction increased his direct ownership to 13,639 shares. The purchase, detailed in a Form 4 SEC filing, involved multiple trades ranging from $47.03 to $47.42 per share.
Rubrik, Inc. Class A (RBRK) Receives a Buy from BTIG
BTIG analyst Gray Powell reiterated a Buy rating on Rubrik, Inc. Class A (RBRK) with a price target of $64.00. This follows a similar Buy rating from Barclays, despite a recent Hold rating reissue from TipRanks – xAI. Rubrik reported a quarterly revenue of $377.68 million and a GAAP net loss of $86.97 million for the quarter ending January 31, showing improved financial performance compared to the previous year.
Rubrik, Inc. Class A (RBRK) Receives a Buy from BTIG
BTIG analyst Gray Powell reiterated a Buy rating for Rubrik, Inc. Class A (RBRK) with a price target of $64.00, following the company's shares closing at $45.73 last Friday. Barclays' Saket Kalia also issued a Buy rating. Rubrik's latest quarterly report showed revenues of $377.68 million and a GAAP net loss of $86.97 million, an improvement from the previous year's $258.1 million revenue and $114.89 million net loss.
Assessing Rubrik (RBRK) Valuation After RSA Unveils SAGE And Deeper Microsoft Defender Integration
Rubrik (RBRK) is under valuation scrutiny despite new product announcements and deeper Microsoft Defender integration at RSA Conference 2026. The company launched its Semantic AI Governance Engine (SAGE) but faces weak share price returns, trading at a 35% intrinsic discount yet still being loss-making. Analysts see a potential for significant upside with a fair value of $86.71, but warn that a high P/S ratio of 7x makes the stock vulnerable to competitive pressures or reduced cyber resilience spending.
Rubrik (RBRK) Stock Hits 52-Week Low as CFO Sells $5.9M in Stock
Rubrik (RBRK) stock has hit a new 52-week low of $46.00 after CFO Kiran Kumar Choudary sold 122,613 Class A shares worth $5.9 million. Despite solid Q4 earnings that beat estimates, analysts have been lowering price targets, though the Wall Street consensus remains a "Moderate Buy" with an average target of $89.10. Insider selling has been notable, with approximately $6.2 million worth of shares sold by insiders in the last three months.
Rubrik (RBRK) Tumbles to 52-Week Low Amid $5.9M CFO Stock Sale
Rubrik (RBRK) stock dropped to a new 52-week low of $46.00 after CFO Kiran Kumar Choudary sold 122,613 Class A shares for $5.9 million. Despite this insider sale and analysts trimming price targets, Rubrik's Q4 revenue surged by 46.3% year-over-year, exceeding forecasts. Wall Street maintains a "Moderate Buy" consensus, with a significant upside potential from current trading levels.
Vanguard disaggregates holdings; RBRK ownership reported as 0% (NYSE: RBRK)
The Vanguard Group has filed an amended Schedule 13G for Rubrik Inc. (NYSE: RBRK), reporting 0 shares and 0% beneficial ownership. This change is due to an internal realignment on January 12, 2026, where certain Vanguard subsidiaries and divisions will now report their holdings separately, in accordance with SEC Release No. 34-39538. Despite this disaggregation, Vanguard's managed accounts still retain rights to dividends or proceeds, although no single outside person holds more than 5% of Rubrik's class.
Why Rubrik, Inc. Class A Stock Is Sinking
Rubrik, Inc. Class A stock is declining due to investor concerns about its high valuation, challenging macroeconomic conditions, and a broader software industry downturn, exacerbated by fears of AI-driven "seat compression" affecting traditional SaaS revenues. Several Wall Street firms have lowered their price targets on RBRK despite a recent Q4 earnings beat, indicating growing caution about the company's profitability path and long-term pricing justification.
Rubrik director Nithrakashyap sells $1.4m in shares
Rubrik's CTO, Arvind Nithrakashyap, sold 28,967 shares of Class A Common Stock for over $1.39 million, while also acquiring 40,625 shares through RSU conversions. This transaction occurs as the stock trades near its 52-week low, yet analysts have revised earnings estimates upwards, and the company introduced new security initiatives and exceeded Q4 and Q1 FY27 outlooks. Despite a recent price target adjustment by CIBC, BTIG initiated coverage with a Buy rating, reflecting continued growth and security focus.
Rubrik CFO Choudary sells $5.9 million in RBRK stock
Rubrik's CFO, Choudary Kiran Kumar, sold 122,613 shares of Class A Common Stock for approximately $5.9 million on March 24, 2026. This sale occurred while the stock was trading near its 52-week low. Despite the stock's valuation concerns, Rubrik recently exceeded Q4 estimates, launched new cybersecurity initiatives, and received positive analyst coverage.
Rubrik (NYSE: RBRK) CFO settles RSUs and makes tax-related share sale
Rubrik Inc.'s CFO, Choudary Kiran Kumar, settled Restricted Stock Units (RSUs) and other derivatives totaling 636,564 shares, converting 212,188 Class B shares into Class A shares. He subsequently sold 122,613 Class A shares at an average price of $48.1957 to cover tax obligations related to the RSU vesting, not as a discretionary sale. After these transactions, the CFO directly holds 564,901 Class A Common Stock shares, with additional RSUs still outstanding subject to future vesting schedules.
Rubrik (NYSE: RBRK) CTO sells shares to cover RSU tax obligations
Rubrik's Chief Technology Officer, Arvind Nithrakashyap, reported the vesting and conversion of 40,625 restricted stock units (RSUs) into Class B and then Class A common stock. Subsequently, he sold 28,967 Class A shares at $48.1957 each to cover tax obligations arising from the RSU vesting, a transaction structured under a company policy. After these movements, Nithrakashyap directly holds 348,668 Class A shares and over 10 million Class B shares, along with indirect holdings through a trust.
Proposed Class A stock sale; RBRK insider sold 43,500 shares (RBRK)
Kiran Kumar Choudary, an insider at Rubrik, Inc. (RBRK), filed a Form 144 to notify a proposed sale of Class A Common Stock, with Morgan Stanley Smith Barney LLC as the broker. This filing indicates that the shares are from restricted stock units (RSUs) vesting under a registered plan. Additionally, the filing revealed three previous sales by Choudary in January and February 2026, totaling 43,500 shares with gross proceeds exceeding $2.7 million.
Rubrik Expands Cybersecurity Capabilities With Microsoft
Rubrik's shares are up following a new integration announcement with Microsoft, enhancing identity security and enabling faster recovery from identity-based attacks. This partnership is significant as identity-driven cyberattacks are a top concern for IT and security leaders. Additionally, Rubrik recently launched a UK Sovereign Cyber Recovery Cloud and reported strong earnings, although its stock is currently underperforming the broader technology sector.
This Rubrik Analyst Begins Coverage On A Bullish Note; Here Are Top 4 Initiations For Friday
This article highlights four top analyst initiations from Friday, focusing on a bullish coverage for Rubrik Inc. by a BTIG analyst. It details rating changes for Fluence Energy Inc., Rubrik Inc., Solaris Energy Infrastructure Inc., and Solid Biosciences Inc., including their new ratings and price targets. The report also notes the closing share prices for these companies.
Rubrik Gains On Rackspace Partnership For Cyber Resilience
Rubrik (NYSE: RBRK) shares gained following the announcement of its partnership with Rackspace Technology, Inc. (NASDAQ: RXT) to launch the UK Sovereign Cyber Recovery Cloud. This new solution provides a secure, in-country recovery environment for UK organizations, addressing new legislative resilience standards. The collaboration integrates Rubrik Security Cloud with Rackspace's services to protect sensitive data and facilitate automated recovery from cyber threats, aiming to enhance national cyber resilience.
Rubrik (RBRK) Valuation Check As New Data Protection And Rackspace Partnership Expand Its Security Reach
Rubrik (RBRK) has recently expanded its data protection offerings with Google Workspace integration and a partnership with Rackspace for UK sovereign workloads. Despite these developments and strong revenue guidance, Rubrik's share price has seen a significant decline year-to-date. Valuation analyses present mixed signals, with one narrative suggesting the stock is undervalued at $100.52, while another views it as rich based on sales multiples, despite a discounted cash flow model indicating undervaluation.
Analysts Conflicted on These Technology Names: Rubrik, Inc. Class A (RBRK) and Enghouse Systems (OtherEGHSF)
Analysts are split on two technology companies, Rubrik, Inc. Class A (RBRK) and Enghouse Systems (EGHSF). CIBC analyst Todd Coupland reiterated a Buy rating for Rubrik with a $110.00 price target, while CIBC analyst Erin Kyle maintained a Hold rating for Enghouse Systems with a C$18.50 price target. The consensus for Rubrik is a Strong Buy with significant upside, whereas Enghouse Systems holds a general Hold rating.
What's Going On With Rubrik Stock Today?
Rubrik (NYSE: RBRK) shares are trading slightly lower despite strong quarterly results and an optimistic 2027 outlook. Citigroup has maintained a Buy rating, lowering its price target to $88. The company reported impressive earnings and revenue, exceeding expectations, and is expanding its role in the AI sector with its "mission control" platform.
Rubrik, Inc. Class A (RBRK) Receives a Buy from Barclays
Barclays maintained a Buy rating on Rubrik, Inc. Class A (RBRK) with a price target of $70.00, according to analyst Saket Kalia. The company recently reported strong quarterly revenue of $350.17 million. However, corporate insider sentiment for RBRK is negative, with an increase in insider selling over the past quarter.
Rubrik Stock Trades Higher After 2027 Forecast - Here's Why
Rubrik (NASDAQ: RBRK) shares saw an increase in premarket trading following a strong earnings report that surpassed analyst expectations, with the company reporting higher-than-anticipated revenue and a positive outlook for fiscal 2027. The company's CEO emphasized Rubrik's evolving role in the AI sector, moving towards a "mission control" platform for AI enterprises. Despite some mixed technical indicators and recent analyst target reductions, the stock carries a "Buy" rating with an average price target significantly above current levels.
Rubrik (RBRK) Is Down 6.5% After Strong FY27 Guidance And Record Subscription ARR
Rubrik (RBRK) reported strong fourth-quarter fiscal 2026 results, with full-year revenue reaching US$1.32 billion and a record net new subscription ARR. Despite issuing above-consensus fiscal 2027 revenue guidance, the stock was down 6.5%. The company's strategy involves a shift toward high-margin, subscription-based data security solutions, with projected revenue of $2.0 billion and earnings of $257.3 million by 2028, implying an 88% upside to its current price according to some analysts.
Wells Fargo Keeps Their Buy Rating on Rubrik, Inc. Class A (RBRK)
Wells Fargo maintained a Buy rating on Rubrik, Inc. Class A (RBRK) with a price target of $90.00. Goldman Sachs also issued a Buy rating, while TipRanks – xAI reiterated a Hold rating. The company's latest earnings show increased revenue and reduced net loss year-over-year, despite negative corporate insider sentiment with increased insider selling.
Wedbush Sticks to Its Buy Rating for Rubrik, Inc. Class A (RBRK)
Wedbush has reiterated a Buy rating on Rubrik, Inc. Class A (RBRK) with a set price target of $90.00. This comes despite a recent negative sentiment from corporate insiders, who have been selling shares, and despite other analysts lowering their price targets for the stock. Rubrik reported a quarterly revenue of $377.68 million and a GAAP net loss of $86.97 million for the quarter ending January 31.
Analysts Offer Insights on Technology Companies: Rubrik, Inc. Class A (RBRK) and Liveperson (LPSN)
Analysts have provided new ratings for Rubrik, Inc. Class A (RBRK) and Liveperson (LPSN) in the Technology sector. William Blair analyst Jason Ader maintained a Buy rating for Rubrik, with an average price target indicating a 60.3% upside. Needham analyst Ryan MacDonald reiterated a Hold rating for Liveperson, which currently has an analyst consensus of Hold.
Cantor Fitzgerald Keeps Their Buy Rating on Rubrik, Inc. Class A (RBRK)
Cantor Fitzgerald analyst Jonathan Ruykhaver has reiterated a Buy rating for Rubrik, Inc. Class A (RBRK) with an $85 price target, following the company's shares closing at $54.02. This comes as Rubrik reported an increase in quarterly revenue to $350.17 million but also a GAAP net loss of $63.83 million. Despite a positive analyst rating, corporate insider sentiment for RBRK is negative, with an increase in insider selling over the past quarter.
Rubrik Posts Strong Q4, But 'Rarified Air' Isn't Enough To Lift Shares In Soft Software Market
Rubrik Inc. (NYSE: RBRK) shares fell despite reporting strong fiscal fourth-quarter results, including significant revenue and subscription ARR growth. Analysts from Wedbush, Cantor Fitzgerald, and Guggenheim Securities reiterated positive ratings, citing "massive beats," benefits from data growth and cloud migrations, and strong future guidance. However, the broader software market selloff impacted the stock, preventing it from rising despite its "rarified air" of high growth.
Wedbush Sticks to Its Buy Rating for Rubrik, Inc. Class A (RBRK)
Wedbush maintained a Buy rating for Rubrik, Inc. Class A (RBRK) with a $90.00 price target, aligning with Goldman Sachs's Buy rating, despite OpenAI reiterating a Hold. The company reported quarterly revenue of $377.68 million and a GAAP net loss of $86.97 million, an improvement from the previous year. Corporate insider sentiment is negative, with increased selling of RBRK shares over the last quarter, including a significant sale by Director Ravi Mhatre in December 2025.
Rubrik, Inc. Earnings Call Highlights Cloud-Led Surge
Rubrik, Inc.'s Q4 earnings call showcased strong performance, driven by record net new subscription ARR of $115 million and a 34% year-over-year increase in total subscription ARR to $1.46 billion. The company reported significant revenue growth, with subscription revenue up 50% and total revenue up 46%, and highlighted its successful transition to a cloud-based subscription business. Despite some manageable headwinds like nonrecurring revenue and early-stage product monetization, Rubrik maintained high customer retention, expanded large deals, and showed improved profitability and free cash flow generation.
Analysts Offer Insights on Technology Companies: Rubrik, Inc. Class A (RBRK) and Liveperson (LPSN)
Analysts have provided new ratings for Rubrik, Inc. Class A (RBRK) and Liveperson (LPSN) in the Technology sector. William Blair analyst Jason Ader maintained a Buy rating on Rubrik with a Strong Buy consensus and an average price target of $92.21, while Needham analyst Ryan MacDonald reiterated a Hold rating on Liveperson, which also has a Hold consensus.
Adobe, Block, Ulta, Rubrik And Airbnb: Why These 5 Stocks Are On Investors' Radars Today
Major U.S. indices closed lower on Thursday, impacting several prominent stocks. Adobe, Block, Ulta, Rubrik, and Airbnb were among the companies that garnered significant investor attention, with their stock performances influenced by earnings reports, sector-wide sell-offs, and macroeconomic factors like inflation and geopolitical tensions.
Assessing Rubrik (RBRK) Valuation As Analyst Upgrades And Growth Expectations Renew Interest
Rubrik (RBRK) is gaining renewed attention from investors as analysts upgrade earnings estimates and highlight potential growth in subscription metrics despite recent share price volatility. While a popular narrative suggests the company is 42.8% undervalued with a fair value of $100.52, driven by expected future cash generation and margin improvement, its current P/S ratio of 9.6x is higher than the industry average, indicating potential valuation risk. Investors are encouraged to consider a full picture, including both rewards and warning signs, before making investment decisions.
Rubrik Stock Pops After Strong Q4 Report: Details
Rubrik (NYSE: RBRK) shares rose after reporting strong fourth-quarter earnings, beating both revenue and earnings per share estimates. The company reported a significant increase in Subscription Annual Recurring Revenue (ARR) and subscription revenue, indicating robust growth. Rubrik also provided an optimistic outlook for fiscal year 2027, projecting higher adjusted earnings and revenue than analyst estimates.
Rubrik, Inc. Class A: Strong Execution, Durable Growth, and Expanding Cyber-Resilience Platform Support Buy Rating
Robert W. Baird analyst Shrenik Kothari has reiterated a Buy rating for Rubrik, Inc. Class A (RBRK) with a $100 price target, citing the company's strong FQ4 performance, exceeding expectations in revenue, EPS, and net new ARR. Kothari highlighted the sustained customer demand for Rubrik's cyber-resilience platform, healthy operating leverage, and robust future growth prospects. Roth MKM also maintained a Buy rating with a $107 price target, though corporate insider sentiment for the stock has been negative recently.
Analysts Offer Insights on Technology Companies: Rubrik, Inc. Class A (RBRK), Klaviyo, Inc. Class A (KVYO) and The Descartes Systems Group (DSGX)
Three technology companies, Rubrik, Inc. Class A (RBRK), Klaviyo, Inc. Class A (KVYO), and The Descartes Systems Group (DSGX), have received bullish sentiments from analysts. Rosenblatt Securities maintained a Buy rating on Rubrik with a $95.00 price target, Canaccord Genuity maintained a Buy rating on Klaviyo with a $32.00 price target, and RBC Capital maintained a Buy rating on The Descartes Systems Group with a $126.00 price target. The analyst consensus for all three companies is currently a "Strong Buy."
Analysts Are Bullish on Top Technology Stocks: Broadcom (AVGO), Rubrik, Inc. Class A (RBRK)
This article highlights bullish sentiments from financial analysts regarding several technology stocks, specifically Broadcom (AVGO), Rubrik, Inc. Class A (RBRK), and KLA (KLAC). Analysts from DBS and TipRanks – PerPlexity maintain Buy ratings for Broadcom, while Cantor Fitzgerald analysts reiterate Buy ratings for Rubrik and KLA, noting significant upside potential for all three. The reports detail specific price targets and analyst success rates, emphasizing a positive outlook for these companies in the technology sector.
Rubrik (NYSE: RBRK) director sells 13,500 shares and exercises options
Rubrik Inc. director John Wendell Thompson reported a series of transactions including exercising 11,000 stock options, converting 11,000 Class B shares to Class A, and selling 13,500 Class A shares. The sales, executed under a Rule 10b5-1 trading plan, were made by both Thompson directly and the John and Sandra Thompson Trust, at prices ranging from approximately $51.87 to $53.98 per share. Following these transactions, his direct Class A holdings increased to 10,782 shares, with the Trust also holding Class A and Class B shares.
Rubrik’s Growth Story Weighs Market Share Potential Against Ongoing Losses
Rubrik (NYSE: RBRK) is attracting attention due to strong revenue growth, high net retention, and solid margins, despite recent stock price pressure. The company operates with a low share of its target market, suggesting significant growth potential in enterprise cybersecurity, especially with its subscription-based model and high switching costs. However, investors should consider Rubrik's current unprofitability, negative shareholders' equity, and intense competition from established players as it aims to expand beyond its current market share.
Rubrik Coverage Puts AI Security Ambitions Against Profitability And Valuation Questions
DA Davidson initiated coverage on Rubrik (NYSE:RBRK) with a buy rating and a US$65 target, emphasizing the company's expansion beyond traditional backup into broader data security, including AI-driven operations and identity resilience. While this shift is seen as positive and analysts forecast significant revenue growth, concerns remain regarding Rubrik's current unprofitability, negative shareholders’ equity, and the ability to translate its advanced capabilities into sustained profit growth against competitive market players. Investors are advised to monitor customer adoption of new products, progress toward narrowing losses, and analyst sentiment.
Rubrik Taps Jesse Green As CRO To Drive Enterprise Growth Story
Rubrik (NYSE:RBRK) has appointed Jesse Green as its new Chief Revenue Officer, a move intended to scale the company's global revenue organization. Green brings significant experience from previous roles at Rubrik, MongoDB, AppDynamics, and BMC Software, which is seen as beneficial for Rubrik's focus on large enterprise sales in data security and cloud data management. The appointment is expected to support Rubrik's narrative of leaning into cyber resilience, though investors will watch for smooth execution during this leadership transition and its impact on revenue growth and key metrics.
Lightspeed funds report 4.8% Rubrik (RBRK) common stock stake
Lightspeed-affiliated investment funds have declared an updated 4.8% beneficial ownership stake in Rubrik, Inc. (RBRK) through a Schedule 13G/A filing, as of December 31, 2025. This collective holding amounts to 9,525,413 shares of Rubrik's Class B common stock, representing 5.8% of the Class A common stock on an as-converted basis. The percentages are calculated based on 200,141,545 total common shares outstanding as of November 30, 2025, adjusted for conversions by the reporting funds.
Rubrik (RBRK) CFO sells 20,000 shares after exercising options and converting stock
Rubrik, Inc. CFO Kiran Kumar Choudary reported exercising stock options for 5,000 shares and subsequently selling 20,000 shares of Class A Common Stock on the open market. These transactions were executed on February 18, 2026, under a pre-arranged Rule 10b5-1 trading plan. Following the sales, Choudary directly holds 474,959 shares of Class A Common Stock.
Analysts Offer Insights on Technology Companies: Rubrik, Inc. Class A (RBRK), Qualcomm (QCOM) and ams-OSRAM (OtherAUKUF)
This article provides an overview of recent analyst ratings for three technology companies: Rubrik, Inc. Class A (RBRK), Qualcomm (QCOM), and ams-OSRAM (AUKUF). Barclays maintained a Buy rating on Rubrik with a $100 price target, while KeyBanc maintained a Hold rating on Qualcomm. Barclays also maintained a Hold rating on ams-OSRAM with a CHF10.00 price target.
How Do Investors Really Feel About Rubrik Inc?
Rubrik Inc. (NYSE: RBRK) has seen a 3.01% decrease in short interest, now standing at 7.1% of its tradable shares, suggesting a more bullish sentiment among investors. Despite this decline, the company's short interest is still higher than the average of its peers, which is 6.31%. It would take traders approximately 3.06 days to cover their short positions, indicating significant short activity.
Rubrik (RBRK) sales president receives large RSU and PSU equity grants
Rubrik, Inc. announced that Brian K. McCarthy, President of Global Sales & Field Operations, received significant equity grants on January 31, 2026. These include 442,022 Class A restricted stock units subject to service-based vesting and 147,341 performance stock units that vest upon the company's stock reaching specified price levels and continuous service. Following these grants, McCarthy directly holds 772,794 Class A shares.
Analysts Offer Insights on Technology Companies: Navan, Inc. Class A (NAVN) and Corning (GLW)
Analysts have issued bullish sentiments for technology companies Navan, Inc. Class A (NAVN) and Corning (GLW). Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating for Navan with a Strong Buy consensus and an average price target of $23.80. Argus Research analyst Jim Kelleher maintained a Buy rating for Corning, which has a Moderate Buy consensus and an average price target of $116.44.
Is Rubrik (RBRK) Using Data Sovereignty To Deepen Its Enterprise Moat?
Rubrik recently announced a partnership with McLaren Racing and launched its Security Cloud Sovereign platform, aligning its offerings with increasing data sovereignty and regulatory demands for global enterprises. While the McLaren partnership is primarily for brand and trust, the new platform targets tightening data rules, a key catalyst for large enterprises. Despite these strategic moves, Rubrik faces challenges with ongoing losses, negative equity, and a premium sales multiple in a competitive market, leading to a wide range of investor sentiment regarding its fair value.
Rubrik, Inc. (NYSE:RBRK) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Rubrik, Inc. (NYSE:RBRK) shares have fallen by 26% in the last month, contributing to a 22% drop over the past year. Despite this slump, the company's price-to-sales (P/S) ratio of 9.7x remains high compared to the Software industry average, suggesting it may still be overvalued. Analysts forecast annual revenue growth of 23% for Rubrik over the next three years, which is lower than the industry's projected 32% growth, indicating potential future disappointment for investors if the P/S ratio adjusts to align with growth expectations.
