$RBRK

Simply Wall St says Rubrik (RBRK) and Wipro launched “Enterprise Resilience as a Service” and Rubrik introduced “Rubrik Agent Identity” in early August 2026 to support enterprise cyber and operational resilience for AI agents. The article cites Rubrik’s role in the CSAI Foundation’s AI Resilience Center of Excellence and discusses forecasts of $2.5B revenue and $302.9M earnings by 2029.

Rubrik Inc. said it rebuilt its code review pipeline after Anthropic’s Mythos Preview model, accessed via Project Glasswing, flagged many security issues in Rubrik’s code. Rubrik created a team and a “harness” to add business and security context, using broad scans then narrower passes. Rubrik did not disclose figures, but reported fewer prioritized issues and chose “trustworthy” automation over full automation for critical fixes.

The article is a market and stock roundup. It notes Red Cat Holdings (RCAT) shares rebounded after an earnings selloff despite missing revenue and profit. It also discusses Rubrik (RBRK) near $100, Apple (AAPL) options positioning ahead of expiry, Nvidia (NVDA) facing a Washington review of China access via offshore data centers, and two IPO term updates for Encore Medical (EMI) and Vogenx (VOGX).

Rubrik shares rose about 8.7% on Monday, helped by a sector rally in cybersecurity after Black Hat USA concluded last week. BTIG analyst Gray Powell raised his Rubrik price target to $109 from $91 and kept a buy rating, citing growing concerns about AI agents. The move followed broader analyst target increases across the sector.

Deutsche Bank upgraded Palantir (PLTR) to Buy, keeping a $200 target, citing an “exceptional” Q2. Oppenheimer upgraded Inspire Medical (INSP) to Outperform with an $85 target. UBS upgraded BBB Foods (TBBB) to Buy, $51 target. Several others were upgraded or downgraded ahead of earnings or on guidance, including Walmart (WMT) to Perform and Apple (AAPL) to Hold.

Nithrakashyap Arvind (Chief Technology Officer) sold 38,460 shares of Rubrik, Inc. (RBRK) at an average of $79.19 ($73.72–$84.61, $3.05M total) across 11 trades over 2026-08-03 to 2026-08-05 under a Rule 10b5-1 trading plan.

Wipro and Rubrik announced Enterprise Resilience as a Service (ERaaS), a consulting-led, outcome-driven offering to help enterprises prevent, withstand, and recover from cyber and operational disruptions. ERaaS provides continuous resilience assessment and automated recovery workflows, using Wipro’s WINGS platform and Rubrik’s unified cyber and data resilience capabilities, including immutable protection and threat-aware recovery.

Wipro and Rubrik launched “Enterprise Resilience as a Service” combining Rubrik’s cyber and data resilience platform with Wipro’s WINGS delivery platform. The offering targets continuous recovery planning beyond backup and disaster recovery, including identity protection and threat-aware recovery. It includes immutable protection, AI rollback, clean recovery point identification, and automated recovery workflows.

Wipro Limited said it is partnering with Rubrik to launch Enterprise Resilience as a Service (ERaaS), an AI-powered cybersecurity and business continuity offering. Wipro said ERaaS is outcome-driven, using Rubrik’s cyber and data resilience platform for continuous monitoring, automated recovery workflows, and AI-driven rollback and threat-aware recovery. The service was announced Aug. 5, 2026.

Wipro partnered with Rubrik to launch Enterprise Resilience as a Service (ERaaS), combining Wipro managed services with Rubrik Security Cloud for automated, policy-driven data protection and recovery across hybrid and multi-cloud environments. Wipro reported Q1 FY27 gross revenue of ₹24,478.60 crore (+10.59% YoY) and PAT of ₹3,356.30 crore (flat YoY), with IT services operating margin at 16%.