Commvault Systems, Inc. (CVLT)
NASDAQ: CVLT · IEX Real-Time Price · USD
95.14
+0.51 (0.54%)
Apr 18, 2024, 10:40 AM EDT - Market open
Commvault Systems Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Commvault Systems stock have an average target of 85.6, with a low estimate of 65 and a high estimate of 109. The average target predicts a decrease of -10.03% from the current stock price of 95.14.
Analyst Consensus: Buy
* Price targets were last updated on Jan 31, 2024.
Analyst Ratings
The average analyst rating for CVLT stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Hold → Buy Upgrades $109 | Hold → Buy | Upgrades | $109 | +14.57% | Jan 31, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $86 → $97 | Hold | Maintains | $86 → $97 | +1.96% | Jan 31, 2024 |
| DA Davidson | DA Davidson | Strong Buy Initiates $85 | Strong Buy | Initiates | $85 | -10.66% | Aug 17, 2023 |
| Lake Street | Lake Street | Hold Maintains $62 → $72 | Hold | Maintains | $62 → $72 | -24.32% | Aug 2, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $68 → $80 | Hold | Maintains | $68 → $80 | -15.91% | Aug 2, 2023 |
Financial Forecast
Revenue This Year
845.04M
from 784.59M
Increased by 7.70%
Revenue Next Year
901.08M
from 845.04M
Increased by 6.63%
EPS This Year
3.00
from -0.80
EPS Next Year
3.27
from 3.00
Increased by 9.15%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 870.6M | 938.4M | 1.0B | 1.1B | 1.2B | 1.3B |
| Avg | 845.0M | 901.1M | 978.2M | 1.1B | 1.2B | 1.3B |
| Low | 810.3M | 859.3M | 920.2M | 1.1B | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 11.0% | 11.0% | 13.0% | 16.2% | 10.6% | 9.9% |
| Avg | 7.7% | 6.6% | 8.6% | 13.0% | 7.4% | 6.8% |
| Low | 3.3% | 1.7% | 2.1% | 8.5% | 3.3% | 2.6% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 3.10 | 3.42 | 4.18 |
| Avg | 3.00 | 3.27 | 3.80 |
| Low | 2.86 | 3.00 | 3.39 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | 14.3% | 27.8% |
| Avg | - | 9.2% | 16.3% |
| Low | - | 0.0% | 3.7% |
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.