+79%

est. 2Y upside i

CybersecuritySeries D+

Rank

#623

Sector

Cybersecurity

Est. Liquidity

~0Y

Data Quality

Data: High

Rubrik is a public company with a strong growth profile.

Last updated: July 19, 2026

Bull (20%)+90%

Bull case: Multiple expands to 18x on strong growth and category leadership, but capped at +100% due to late stage. After 10% dilution, net upside ~90%.

Base (40%)+109%

Base case: Multiple converges to 15x, in line with comps. Exit value $36B, upside ~121.5% before 10% dilution, net ~109%.

Bear (40%)+43%

Bear case: Multiple compresses to 10x due to incumbent competition and slowing growth. Exit value $24B, upside ~47.7% before 10% dilution, net ~43%.

Est. time to liquidity~0.0 years

Preference Stack Risk

low

Funding Intensity

340%

Total funding of $553M is only 3.4% of market cap, so minimal preference overhang.

Dilution Risk

moderate

Over 2 years, dilution from RSUs/options is estimated at 10% based on typical public company equity grants.

Secondary Liquidity

active

Stock is publicly traded on NYSE, providing full liquidity after vesting.

Questions to Ask at the Interview

Strategic questions based on Rubrik's data — designed to show you've done your homework.

  • 1

    “How does Rubrik differentiate from AWS Backup and native cloud provider offerings?”

  • 2

    “What are the key drivers of subscription ARR growth and how sticky is the customer base?”

  • 3

    “How do you evaluate the risk of equity dilution from stock-based compensation at a public company?”

Community

Valuation Sentiment

Our model estimates +79% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.