Here's Why IPO Stock Rubrik Skyrocketed to an All-Time High Today

With its initial public offering (IPO) only happening back in April, cybersecurity company Rubrik (NYSE: RBRK) is waisting no time getting the attention of investors. As of 3:30 p.m. ET on Friday, Rubrik stock was up a whopping 25%, hitting an all-time high, after reporting financial results for its fiscal third quarter of 2025.Rubrik believes it has a differentiated business in the cybersecurity space. It's trying to secure enterprise data wherever it is -- on the cloud or elsewhere. Whether it's truly unique might be debatable. But one thing that's for sure is that its customers seem to love it. Its Q3 revenue jumped a whopping 43% year over year to $236 million, which was far better than its 35% growth in the previous quarter.Most of Rubrik's revenue is on a subscription basis. And those annualized numbers look good as well. Its annual recurring revenue (ARR) surpassed $1 billion in Q3, which is why management raised its full-year guidance. Previously, it believed its ARR would be $1,026 million to $1,032 million by the end of the fiscal year. Now it believes it will be $1,057 million to $1,061 million.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool