Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Rubrik Inc before investing.

In this article, we go over a few key elements for understanding Rubrik Inc’s stock price such as:

• Rubrik Inc’s current stock price and volume
• Why Rubrik Inc’s stock price changed recently
• Upgrades and downgrades for RBRK from analysts
• RBRK’s stock price momentum as measured by its relative strength

About Rubrik Inc (RBRK)

Before we jump into Rubrik Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Rubrik, Inc. is a converged data management company. The Company has developed Zero Trust Data Security. It helps organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Its Rubrik Security Cloud (RSC), powered by machine learning, secures data across enterprise, cloud, and Software as a service (SaaS) application. RSC detects, analyzes, and remediates data security risks and unauthorized user activities. It helps organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked. The Company offers Ruby for artificial intelligence (AI) data defense and recovery. Ruby is designed to help customers scale their data security operations with automation, boosting productivity, and bridging the users’ skills gap.

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Rubrik Inc’s Stock Price as of Market Close

As of September 12, 2024, 4:00 PM, CST, Rubrik Inc’s stock price was $30.75.

Rubrik Inc is down 8.21% from its previous closing price of $33.50.

During the last market session, Rubrik Inc’s stock traded between $30.58 and $33.90. Currently, there are 176.59 million shares of Rubrik Inc stock available for purchase.

Unfortunately, Rubrik Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Rubrik Inc Stock Price History

Rubrik Inc’s (RBRK) price is currently down 11.69% so far this month.

During the month of September, Rubrik Inc’s stock price has reached a high of $35.08 and a low of $29.18.

Over the last year, Rubrik Inc has hit prices as high as $40.00 and as low as $28.34.

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What Caused Rubrik Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 11, 2024, there were 2 analysts who downgraded Rubrik Inc’s stock and 11 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Rubrik Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Rubrik Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Rubrik Inc (RBRK) by visiting AAII Stock Evaluator.

Relative Price Strength of Rubrik Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 11, 2024, Rubrik Inc has a weighted four-quarter relative price strength of %, which translates to a Momentum Score of and is considered to be NA.

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Rubrik Inc Stock Price: Bottom Line

As of September 12, 2024, Rubrik Inc’s stock price is $30.75, which is down 8.21% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Rubrik Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.