Rubrik Inc Stock Price, News & Analysis

Rubrik (NYSE:RBRK) has announced the launch of Agent Rewind, a groundbreaking solution designed to help organizations undo unwanted actions performed by AI agents. This launch follows Rubrik's acquisition of Predibase, combining Predibase's AI infrastructure with Rubrik's recovery capabilities.

The new offering addresses a critical gap in AI safety by providing three key features: context-enriched visibility of AI agent behavior, safe rollback capabilities through Rubrik Security Cloud, and broad compatibility with various platforms including Agentforce, Microsoft Copilot Studio, and Amazon Bedrock Agents.

The solution comes at a crucial time, as studies show AI agents frequently experience disorientation and errors in multi-step tasks, sometimes leading to serious consequences like deletion of production databases.

Rubrik (NYSE:RBRK) announced a major expansion of its data protection services for AWS cloud databases. The company is extending support to Amazon DynamoDB and launching a new cyber resilience offering for Amazon RDS for PostgreSQL.

The expanded services offer centralized visibility, automated backup scheduling, and immutable protection through a unified platform. Key features include storage-efficient incremental backups, flexible Amazon S3 storage options, and simplified cross-account recovery capabilities. The solution aims to help organizations address data security gaps, reduce cyber threats, and meet compliance requirements while optimizing cloud costs.

Rubrik (NYSE: RBRK), a leading cybersecurity company, has been named a Leader in the 2025 Gartner Magic Quadrant for Backup and Data Protection Platforms, achieving the furthest position in Vision for the sixth consecutive year. This recognition follows the company's recent agreement to acquire Predibase to enhance agentic AI adoption.

According to Gartner's strategic planning assumptions, by 2029: 75% of enterprises will use a unified solution for on-premises and cloud backup, 80% will prioritize SaaS application backup, 95% of backup platforms will include cyberthreat detection, 90% will integrate GenAI, and 35% will implement agentic AI for autonomous backup operations.

The company currently safeguards more than 6,000 organizations worldwide, focusing on cyber resilience across cloud, SaaS, and on-premises data environments, while enabling secure GenAI innovation.

Rubrik (NYSE:RBRK) has announced its agreement to acquire Predibase, an AI technology company founded by former Google and Uber AI technologists. The acquisition aims to accelerate enterprise AI adoption from pilot to production scale.

Predibase's platform offers a proprietary post-training stack for customizing models and includes a turbo serving engine that provides over 2x performance gains and can reduce costs by up to 80%. The platform features LoRA eXchange, an open source system for deploying personalized models at scale.

The integration will enhance Rubrik's existing partnerships with Amazon Bedrock, Azure OpenAI, and Google Agentspace, while providing customers with optimized, fine-tuned models and governed data for secure AI deployment. Terms of the transaction were not disclosed.

Rubrik (NYSE: RBRK) has announced the pricing of $1.0 billion Convertible Senior Notes due 2030 in a private placement. The zero-interest notes will mature on June 15, 2030, with an initial conversion rate of 8.0155 shares per $1,000 principal amount, equivalent to a conversion price of $124.76 per share (42.5% premium). The company expects net proceeds of approximately $980 million, which will be used to fund $77 million in capped call transactions, repay $327.9 million in outstanding loans, and for general corporate purposes. The capped call transactions, with a cap price of $175.10 per share, are designed to reduce potential dilution. The notes will be convertible under specific conditions before March 15, 2030, and freely convertible thereafter. Rubrik may redeem the notes after June 20, 2028, subject to certain conditions.

Rubrik (NYSE: RBRK) has announced plans to offer $1.0 billion in Convertible Senior Notes due 2030 through a private placement to qualified institutional buyers. The company will also grant initial purchasers an option for an additional $150 million in notes. The notes will be unsecured obligations with semiannual interest payments, convertible into cash, Class A common stock, or a combination thereof. Rubrik plans to use the proceeds to fund capped call transactions, repay $327.9 million in outstanding loans, and for general corporate purposes. The capped call transactions are designed to reduce potential stock dilution and offset cash payments above the principal amount upon note conversion. The offering terms, including interest rate and conversion rate, will be determined during pricing.

Rubrik (NYSE: RBRK) reported strong Q1 FY2026 results, exceeding all guided metrics. Subscription ARR grew 38% YoY to $1.18B, while total revenue increased 49% YoY to $278.5M. The company's GAAP gross margin improved to 78.3% from 48.8% YoY, and non-GAAP gross margin reached 80.5%. Rubrik reported 2,381 customers with $100K+ Subscription ARR, up 28% YoY. The company formed strategic partnerships with Google Cloud, Deloitte, NTT Data, and Rackspace. For Q2 FY2026, Rubrik expects revenue of $281-283M and for full FY2026, projects Subscription ARR of $1.38-1.388B with revenue of $1.179-1.189B. The company achieved positive cash flow from operations of $39.7M and maintains a strong cash position of $762.1M.

Rubrik announced an expanded integration of AMD EPYC processors across its data security platform, building on their relationship since 2018. Currently, about 50% of Rubrik's Cloud Native Protection runs on AMD instances across major cloud providers. The company plans to extend AMD EPYC processor availability across its third-party hardware ecosystem, with solutions available on Dell and HPE platforms, and an upcoming Cisco-based solution. Key benefits include 5-10% capital expenditure savings, enhanced cloud deployment options, and reduced environmental impact through lower power consumption. The expansion aligns with enterprise computing trends, as 90% of IT leaders manage distributed hybrid environments according to Rubrik's 2025 State of Data Security report. Rubrik plans to make AMD their first choice for all servers and cloud instances in future product generations.

Rubrik (NYSE: RBRK), a cybersecurity company, has scheduled its first quarter fiscal 2026 financial results announcement for June 5, 2025, after market close. The results will cover the period ended April 30, 2025. The company's management team will host a conference call at 2:00 PM PT / 5:00 PM ET on the same day to discuss the quarterly performance. Investors and interested parties can access the live webcast and related materials through Rubrik's investor relations website at https://ir.rubrik.com. A replay of the webcast will be made available on the same website following the call.