RUBRIK INC-A (NYSE:RBRK) – A High-Growth Stock Meeting Minervini’s Trend Template

RUBRIK INC-A (NYSE:RBRK) has emerged as a strong candidate for investors following Mark Minervini’s strategy, combining high growth momentum with a technically sound uptrend. The stock meets the criteria of Minervini’s Trend Template while also exhibiting accelerating revenue and earnings growth, making it appealing for growth-focused investors.

Why RBRK Fits the Minervini Trend Template

Minervini’s Trend Template identifies stocks in strong uptrends with clear momentum. RBRK meets these technical criteria:

• Price Above Key Moving Averages: The stock trades above its 50-day ($77.14), 150-day ($68.17), and 200-day ($59.96) moving averages, confirming a bullish trend.
• Rising Moving Averages: The 200-day MA is trending upward, reinforcing long-term strength.
• Relative Strength: With a ChartMill Relative Strength (CRS) score of 97.51, RBRK outperforms nearly 98% of all stocks.
• Price Near 52-Week High: At $88.74, RBRK is within 14% of its 52-week high ($103.00) and well above its 52-week low ($28.34).

High Growth Momentum

Beyond technical strength, RBRK demonstrates accelerating fundamentals:

• Revenue Growth: Quarterly revenue growth stands at 48.7%, with TTM revenue up 43.9%. Analysts have raised next-year revenue estimates by 4.6% over the past three months.
• Earnings Expansion: EPS growth (Q2Q) surged 90.5%, while the company has beaten EPS estimates in all of the last four quarters by an average of 44.2%.
• Free Cash Flow Growth: FCF per share grew 188.2% year-over-year, indicating improving profitability.

Technical Outlook

The stock has a perfect Technical Rating of 10 from ChartMill, reflecting its strong uptrend. However, the Setup Rating is 3, suggesting current volatility may require patience for an optimal entry. Key support levels are at $87.55-$88.73 and $59.10-$59.32.

For a deeper technical breakdown, review the full technical report here.

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and technical strength.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.