Rubrik price target raised to $105 from $80 at Guggenheim

Guggenheim analyst John DiFucci raised the firm’s price target on Rubrik (RBRK) to $105 from $80 and keeps a Buy rating on the shares. The firm believes Rubrik is set up well to achieve consensus estimates for fiscal Q1 Subs ARR and revenue, while guiding above the Street for Q2 and modestly raising FY26 guidance for both key metrics, the analyst tells investors in a preview. The firm’s checks indicate that Rubrik is winning deals consistently, primarily due to their “astute” go-to-market strategy and differentiated solution set in security, adds the analyst, who cites raised out-year forecasts for the firm’s higher target.