Commvault Systems, Inc. (CVLT)
NASDAQ: CVLT · IEX Real-Time Price · USD
121.08
-0.10 (-0.08%)
At close: Jul 19, 2024, 4:00 PM
120.00
-1.08 (-0.89%)
Pre-market: Jul 22, 2024, 4:04 AM EDT
Commvault Systems Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Commvault Systems stock have an average target of 124.29, with a low estimate of 98 and a high estimate of 140. The average target predicts an increase of 2.65% from the current stock price of 121.08.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CVLT stock from 7 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $107 → $123 | Hold | Maintains | $107 → $123 | +1.59% | Jul 15, 2024 |
| Keybanc | Keybanc | Buy Maintains $122 → $140 | Buy | Maintains | $122 → $140 | +15.63% | Jul 2, 2024 |
| Guggenheim | Guggenheim | Strong Buy Reiterates $122 | Strong Buy | Reiterates | $122 | +0.76% | Jun 25, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $125 → $135 | Strong Buy | Maintains | $125 → $135 | +11.50% | Jun 14, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $125 → $140 | Buy | Maintains | $125 → $140 | +15.63% | May 16, 2024 |
Financial Forecast
Revenue This Year
928.80M
from 839.25M
Increased by 10.67%
Revenue Next Year
1.02B
from 928.80M
Increased by 9.60%
EPS This Year
3.43
from 3.75
Decreased by -8.44%
EPS Next Year
3.97
from 3.43
Increased by 15.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 962.2M | 1.1B | 1.2B | 1.4B | 1.5B |
| Avg | 928.8M | 1.0B | 1.2B | 1.3B | 1.5B |
| Low | 889.4M | 945.2M | 1.1B | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.7% | 16.6% | 20.7% | 14.0% | 14.3% |
| Avg | 10.7% | 9.6% | 17.3% | 10.7% | 11.0% |
| Low | 6.0% | 1.8% | 12.7% | 6.4% | 6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.72 | 4.37 | 4.68 |
| Avg | 3.43 | 3.97 | 4.55 |
| Low | 3.15 | 3.57 | 4.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.9% | 27.2% | 17.9% |
| Avg | -8.4% | 15.7% | 14.5% |
| Low | -15.9% | 3.9% | 10.0% |
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.