14 Trending AI Stocks on Latest Ratings and News

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13. Rubrik, Inc. (NYSE:RBRK)

Number of Hedge Fund Holders: 23   

Rubrik, Inc. (NYSE:RBRK) provides data security solutions to individuals and businesses worldwide.  The cybersecurity platform of the firm uses AI and machine learning to monitor for threats and provide sophisticated data recovery. On November 19, Guggenheim raised the price target on the stock to $52 from $48 and kept a Buy rating on the shares. The advisory is raising its price target due to less conservative assumptions, telling investors that it believes Rubrik is set up well to outperform consensus estimates for fiscal Q3 total revenue and subscription ARR, and raise full-year guidance for both metrics by at least the amount of the quarterly upside.

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