Rubrik, Inc. (NYSE:RBRK) is in the spotlight for investors, despite Mizuho analyst Gregg Moskowitz reiterating a Neutral rating with a $97.00 price target. The company reported a 36% growth in subscription annual recurring revenue, surpassing Street forecasts. Net new subscriptions reached $71 million, up 12% year-over-year. Cloud subscriptions grew by 57%, and management raised its full-year guidance. Analysts view Rubrik’s focus on data security and ransomware as a differentiator, despite the stock’s 200% rise since its IPO in mid-2024 and 51% increase this year. Rubrik provides data security solutions globally. While it has potential as an investment, some believe there are AI stocks with greater upside potential and less downside risk. If you’re seeking an undervalued AI stock benefiting from Trump-era tariffs and the onshoring trend, check out a free report on the best short-term AI stock.

Read more at Yahoo Finance: Mizuho Keeps Neutral on Rubrik (RBRK) Despite Strong Quarterly Results