Commvault Systems, Inc. (CVLT)
NASDAQ: CVLT · Real-Time Price · USD
174.60
+3.91 (2.29%)
At close: Nov 22, 2024, 4:00 PM
174.70
+0.10 (0.06%)
After-hours: Nov 22, 2024, 4:02 PM EST
Commvault Systems Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Commvault Systems stock have an average target of 155.43, with a low estimate of 98 and a high estimate of 200. The average target predicts a decrease of -10.98% from the current stock price of 174.60.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CVLT stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 2 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Initiates $200 | Buy | Initiates | $200 | +14.55% | Nov 13, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $164 → $182 | Hold | Maintains | $164 → $182 | +4.24% | Oct 30, 2024 |
| Guggenheim | Guggenheim | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 15, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $170 → $175 | Strong Buy | Maintains | $170 → $175 | +0.23% | Sep 6, 2024 |
| Keybanc | Keybanc | Buy Maintains $140 → $170 | Buy | Maintains | $140 → $170 | -2.63% | Jul 31, 2024 |
Financial Forecast
Revenue This Year
974.24M
from 839.25M
Increased by 16.09%
Revenue Next Year
1.08B
from 974.24M
Increased by 10.96%
EPS This Year
3.50
from 3.75
Decreased by -6.75%
EPS Next Year
3.98
from 3.50
Increased by 13.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.0B | 1.1B | 1.3B | ||
| Avg | 974.2M | 1.1B | 1.2B | ||
| Low | 933.7M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.6% | 17.0% | 20.2% | ||
| Avg | 16.1% | 11.0% | 10.4% | ||
| Low | 11.2% | 2.8% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.66 | 4.33 | 4.95 |
| Avg | 3.50 | 3.98 | 4.56 |
| Low | 3.31 | 3.67 | 4.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.3% | 23.7% | 24.3% |
| Avg | -6.7% | 13.7% | 14.6% |
| Low | -11.7% | 4.8% | 1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.