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LAS VEGAS - Rubrik (NYSE: RBRK), a company specializing in data security and cyber resilience with impressive revenue growth of 41% in the last twelve months, has announced its latest advancements aimed at bolstering cyber defenses for Google Cloud customers. This initiative is set to provide users with robust capabilities to recover swiftly from cyberattacks or operational disruptions. According to InvestingPro data, the company maintains a strong gross profit margin of 70%, highlighting its operational efficiency in the competitive cybersecurity market.
The company, which currently trades at $52.81 and has seen its stock surge by nearly 47% over the past six months according to InvestingPro, is developing a cloud-based isolated recovery environment in collaboration with Mandiant, focusing on Google Cloud. The solution is designed to secure business-critical data backups against cyber threats, ensuring they can be safely replicated to Google Cloud through Rubrik's Secure Vault following an incident. Rubrik's Data Threat Analytics and Orchestrated Application Recovery Playbooks, along with Mandiant's security assessments and Incident Response services, are intended to establish a secure recovery environment on Google Cloud to enable quick restoration of core applications and business continuity.
Rubrik's Chief Product Officer, Anneka Gupta, stated that as businesses increasingly move critical data to the cloud, they face new challenges in protecting sensitive information against evolving cyber threats. She emphasized the goal of empowering Google Cloud customers to confidently address these challenges, enhancing cyber resilience, and streamlining data protection and recovery processes.
Stephen Orban, Vice President of Migrations, ISVs, & Marketplace at Google Cloud, underscored the importance of comprehensive cyber resiliency in today's complex threat landscape. He highlighted the collaboration with Rubrik as providing customers with essential tools and technologies for establishing secure isolated recovery environments on Google Cloud.
In addition to the isolated recovery solution, Rubrik is planning to introduce new threat-analytics capabilities for Anomaly Detection, Data Discovery and Classification, Turbo Threat Hunting, and Threat Monitoring to protect Google Cloud Engine and Google Cloud SQL. These capabilities are designed to proactively detect cyber threats, accelerate incident response and recovery, and ensure sensitive data protection and compliance.
Rubrik has also tailored its solution for Google Workspace customers, offering protection against cyber threats, insider risks, and accidental deletion through immutable backups, automated anomaly detection, and rapid, granular recovery.
Currently, Rubrik's enhanced protection for Google Cloud Engine is available, with the new threat analytics capabilities, expanded protection for Google Cloud SQL and Google Workspace, and the Cloud-Based Isolated Recovery Environment set to be generally available at a future date.
The announcement is based on a press release statement from Rubrik, which can be seen at Rubrik’s booth #3140 and #1210 in the Expo Hall at Google Cloud NEXT 2025.
In other recent news, Rubrik Inc. has announced its Rubrik Annapurna initiative, partnering with Google Cloud to enhance AI data security and governance. This collaboration aims to provide secure access to data for AI applications while maintaining compliance with security standards. In addition to this development, several analyst firms have adjusted their outlooks on Rubrik's stock. Guggenheim has raised its price target to $80, maintaining a Buy rating, citing Rubrik's strong performance and innovative cybersecurity solutions. BMO Capital also increased its price target to $77, keeping an Outperform rating, highlighting Rubrik's robust free cash flow and subscription revenue growth.
Truist Securities reaffirmed a $90 price target and a Buy rating, praising Rubrik's impressive fourth-quarter performance and future growth prospects. Piper Sandler adjusted its price target to $87, maintaining an Overweight rating, and emphasized Rubrik's significant growth in cloud services and potential market undervaluation. The analysts collectively express confidence in Rubrik's strategic positioning and its ability to navigate and grow in the competitive data security sector. These recent developments underscore Rubrik's momentum and the positive sentiment from the investment community.
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