/AI%20(artificial%20intelligence)/Data%20Center%20by%20Caureem%20via%20Shutterstock%20(2).jpg)
Rubrik (RBRK) shares are inching up this morning after the cloud data management firm disclosed plans to buy Predibase for at least $100 million.
Predibase is a developer platform that helps make it easier and faster to fine-tune and deploy open-source large language models (LLMs).
Including today’s slight gains, Rubrik stock is up close to 90% versus its year-to-date low set on April 4.
Predibase to Unlock Further Upside in Rubrik Stock
The Predibase acquisition is significant for Rubrik shareholders since it’s a strategic leap into enterprise AI that effectively positions RBRK as more than just a data backup company.
Integrating Predibase’s fine-tuning and inference tools will position RBRK to help clients deploy cost-efficient, production-ready artificial intelligence models using their own data – which directly addresses a major enterprise pain point: moving AI from prototype to production.
With Predibase claiming up to 80% cost savings and faster inference times, Rubrik can now offer a differentiated AI stack atop its secure data lake that diversifies its revenue streams and aligns with its ambition to become a multi-product platform.
Over time, this deal will likely fuel investor confidence and unlock further upside in RBRK shares.
Is There Any Further Upside Left in RBRK Shares?
Rubrik’s financials offer another great reason to have it in your investment portfolio.
Earlier this month, the NYSE-listed data security firm reported its earnings for the first quarter that handily topped Street estimates – indicating continued momentum in its cyber resilience platform.
At the time, RBRK raised its guidance as well, reflecting confidence in its strategic direction and future growth opportunities, which made Baird analysts raise their price target on the tech stock.
In its latest research note, the investment firm maintained its “Outperform” rating on Rubrik shares and increased the price target to $110, indicating potential upside of another 22% from here.
Wall Street Paints a Rosy Picture of Rubrik’s Future
Note that Baird analysts are not alone in seeing significant further upside in RBRK shares in the back half of 2025.
The consensus rating on Rubrik stock also currently sits at “Strong Buy” with the mean target of nearly $109 indicating potential upside of some 21% from current levels.
