Rubrik launches identity recovery solution for Okta users

LAS VEGAS - Rubrik (NYSE:RBRK), a cybersecurity company with impressive 47.72% revenue growth and a market capitalization of $16.08 billion, announced the release of Rubrik Okta Recovery during the Oktane 2025 conference in Las Vegas, expanding its identity recovery capabilities to protect Okta Identity Provider environments. According to InvestingPro data, the company maintains strong gross profit margins of nearly 78%, reflecting its operational efficiency in the competitive cybersecurity market.

The new solution provides automated, immutable backups and granular recovery for Okta objects and metadata, enabling organizations to restore from disruptions caused by misconfigurations, human error, or malicious changes. According to the company’s press release statement, this extends Rubrik’s existing identity recovery offerings beyond Active Directory and Entra ID.

Rubrik Okta Recovery will offer automated and on-demand backup of critical Okta objects such as Users, Groups, and Applications. The backup data is stored in Rubrik-owned immutable storage that is air-gapped from potential attacks. The solution also provides granular, in-place recovery capabilities that allow organizations to restore compromised or deleted objects directly in their live Okta tenant.

"By protecting the critical configurations and dependencies within Okta, we are empowering our customers to defend identity and data, recover quickly, and build lasting resilience in one simple, yet powerful solution," said Hema Mohan, vice president of Product Management at Rubrik.

While Okta provides a secure platform for managing access to SaaS applications and internal systems, customers remain responsible for managing their tenant data and configurations. Without proper backup solutions, IT teams often need to manually rebuild critical data or create complex custom workflows to restore their systems. Rubrik’s strong market position is reflected in its remarkable 142.8% return over the past year, with InvestingPro offering 10+ additional insights about the company’s performance and growth potential.

Rubrik Okta Recovery is expected to be available in the coming months. The company claims this is the first and only identity recovery solution that spans Okta, Active Directory, and Entra ID, allowing organizations to protect critical identity data across multiple platforms. With a healthy current ratio of 1.82, Rubrik demonstrates strong financial stability to support its product innovation. For a comprehensive analysis of Rubrik’s financial health and growth prospects, investors can access detailed Pro Research Reports available on InvestingPro.

In other recent news, Rubrik has announced an expanded integration with CrowdStrike’s Falcon cybersecurity platform, focusing on enhanced identity security capabilities. This collaboration aims to help customers roll back malicious identity changes and restore identity providers to secure states following cyberattacks. In addition to this development, Rubrik’s financial performance has been strong, with a reported revenue growth of 51% year-over-year in the fiscal second quarter, surpassing consensus estimates by 10%. As a result, FBN Securities has raised its price target for Rubrik to $115 while maintaining an Outperform rating.

Furthermore, Truist Securities has reiterated its Buy rating on Rubrik with a $110 price target, highlighting the company’s strong performance in revenue, annual recurring revenue (ARR), contribution margin, and earnings per share. BMO Capital also reiterated an Outperform rating with a $110 price target, noting Rubrik’s net new subscription ARR of $71 million, which significantly exceeded the consensus estimate of $44 million. Additionally, Piper Sandler has maintained an Overweight rating and a $115 price target on Rubrik, acknowledging the company’s robust growth and solid quarterly performance. These developments underscore Rubrik’s strong market position and financial health.

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