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BTIG Initiates Coverage of Rubrik (RBRK) with Buy Recommendation

Fintel
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BTIG initiated coverage of Rubrik (NYSE: RBRK) with a Buy recommendation on March 20, 2026, projecting a 118.52% upside to $107.67 per share from its $49.27 closing price. Analysts forecast Rubrik’s one-year price target range between $80.80 and $136.50, despite a projected 19.54% revenue decline to $1.06 billion and a non-GAAP EPS loss of -$1.41. Institutional ownership rose 3.55% to 117.94 million shares over three months, though total fund holders dropped 23.14% to 568, with average portfolio allocation increasing to 0.42%. Key shareholders like First Trust Advisors (up 29.96%) and Norges Bank (new stake) boosted holdings, while the put/call ratio of 0.27 signals strong bullish sentiment. Rubrik’s mixed financials contrast with institutional confidence, as major investors expand positions despite revenue contraction and negative earnings projections.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks RBRK BTIG Initiates Coverage of Rubrik (RBRK) with Buy Recommendation March 20, 2026 — 08:04 pm EDT Written by George Maybach for Fintel-> Fintel reports that on March 20, 2026, BTIG initiated coverage of Rubrik (NYSE:RBRK) with a Buy recommendation.

Analyst Price Forecast Suggests 118.52% Upside As of February 25, 2026, the average one-year price target for Rubrik is $107.67/share. The forecasts range from a low of $80.80 to a high of $136.50. The average price target represents an increase of 118.52% from its latest reported closing price of $49.27 / share. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Rubrik is 1,059MM, a decrease of 19.54%. The projected annual non-GAAP EPS is -1.41. What is the Fund Sentiment? There are 568 funds or institutions reporting positions in Rubrik. This is an decrease of 171 owner(s) or 23.14% in the last quarter. Average portfolio weight of all funds dedicated to RBRK is 0.42%, an increase of 17.08%. Total shares owned by institutions increased in the last three months by 3.55% to 117,941K shares. The put/call ratio of RBRK is 0.27, indicating a bullish outlook. What are Other Shareholders Doing?

First Trust Advisors holds 7,064K shares representing 4.65% ownership of the company. In its prior filing, the firm reported owning 4,948K shares , representing an increase of 29.96%. Norges Bank holds 4,523K shares representing 2.98% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.

Voya Investment Management holds 3,830K shares representing 2.52% ownership of the company. In its prior filing, the firm reported owning 3,569K shares , representing an increase of 6.81%.

Geode Capital Management holds 2,529K shares representing 1.66% ownership of the company. In its prior filing, the firm reported owning 2,350K shares , representing an increase of 7.07%. The firm decreased its portfolio allocation in RBRK by 3.43% over the last quarter. Federated Hermes holds 2,450K shares representing 1.61% ownership of the company. In its prior filing, the firm reported owning 2,438K shares , representing an increase of 0.48%. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Check out our Unique Analysis of Insider Sentiment for Rubrik, Inc.-> Find out what the Options Markets think of Rubrik, Inc.-> See our take on Rubrik, Inc. Upcoming Earnings-> More articles by this source-> Stocks mentioned RBRK More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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