Rubrik, Inc. (NYSE:RBRK) saw shares drop by 18.05% on Wednesday to close at $80.72 apiece after investors had already anticipated strong second-quarter performance. The company narrowed its net loss by 46% to $95.9 million and saw a revenue increase of 51% to $309.86 million year-on-year.

Following the results, Rubrik, Inc. (NYSE:RBRK) raised its growth outlook for the third quarter and full-year period of 2025. The company aims to book between $319 million and $321 million in revenues for the current quarter and $1.227 billion to $1.237 billion for the full year.

Subscription revenues for the full year are targeted at $1.408 billion to $1.416 billion. While Rubrik (RBRK) shows potential as an investment, other AI stocks may offer higher returns with limited downside risk. For more information on an inexpensive AI stock with potential, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Rubrik (RBRK) Sheds 18% After Earnings