Rubrik is trading 4.25% up at $90.33 after Wedbush initiated coverage on September 10, 2026, with an Outperform rating and a $120 price target.

  • The bullish view followed management’s Goldman Sachs conference presentation, which highlighted accelerated net-new ARR and raised full-year guidance.
  • The move is notable because major U.S. futures are lower, suggesting company-specific optimism is outweighing broader risk-off sentiment.