CommVault Systems Inc has a consensus price target of $76.9, established from looking at the 22 latest analyst ratings. The last 3 analyst ratings were released from Keybanc, RBC Capital, and DA Davidson on January 31, 2024, January 31, 2024, and August 17, 2023. With an average price target of $97 between Keybanc, RBC Capital, and DA Davidson, there's an implied -4.37% downside for CommVault Systems Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
01/31/2024 | CVLT | Buy Now | CommVault Systems | $101.43 | 7.46% | Keybanc | Thomas Blakey | → $109 | Upgrade | Sector Weight → Overweight | Get Alert |
01/31/2024 | CVLT | Buy Now | CommVault Systems | $101.43 | -4.37% | RBC Capital | Dan Bergstrom | $86 → $97 | Maintains | Sector Perform | Get Alert |
08/17/2023 | CVLT | Buy Now | CommVault Systems | $101.43 | -16.2% | DA Davidson | Rudy Kessinger | → $85 | Initiates | → Buy | Get Alert |
08/02/2023 | CVLT | Buy Now | CommVault Systems | $101.43 | -29.02% | Lake Street | Eric Martinuzzi | $62 → $72 | Maintains | Hold | Get Alert |
08/02/2023 | CVLT | Buy Now | CommVault Systems | $101.43 | -21.13% | RBC Capital | Dan Bergstrom | $68 → $80 | Maintains | Sector Perform | Get Alert |
05/09/2023 | CVLT | Buy Now | CommVault Systems | $101.43 | -32.96% | RBC Capital | Dan Bergstrom | $66 → $68 | Maintains | Sector Perform | Get Alert |
05/03/2023 | CVLT | Buy Now | CommVault Systems | $101.43 | -35.92% | Piper Sandler | James Fish | $60 → $65 | Maintains | Neutral | Get Alert |
01/27/2023 | CVLT | Buy Now | CommVault Systems | $101.43 | -15.21% | Guggenheim | Howard Ma | → $86 | Initiates | → Buy | Get Alert |
01/11/2023 | CVLT | Buy Now | CommVault Systems | $101.43 | -40.85% | Piper Sandler | James Fish | $70 → $60 | Maintains | Neutral | Get Alert |
11/02/2022 | CVLT | Buy Now | CommVault Systems | $101.43 | -34.93% | RBC Capital | Dan Bergstrom | $63 → $66 | Maintains | Sector Perform | Get Alert |
07/27/2022 | CVLT | Buy Now | CommVault Systems | $101.43 | -37.89% | RBC Capital | Dan Bergstrom | $68 → $63 | Maintains | Sector Perform | Get Alert |
07/13/2022 | CVLT | Buy Now | CommVault Systems | $101.43 | -31.97% | Piper Sandler | James Fish | $78 → $69 | Downgrade | Overweight → Neutral | Get Alert |
05/04/2022 | CVLT | Buy Now | CommVault Systems | $101.43 | -32.96% | RBC Capital | Dan Bergstrom | $75 → $68 | Maintains | Sector Perform | Get Alert |
01/26/2022 | CVLT | Buy Now | CommVault Systems | $101.43 | -26.06% | RBC Capital | Dan Bergstrom | $66 → $75 | Maintains | Sector Perform | Get Alert |
01/19/2022 | CVLT | Buy Now | CommVault Systems | $101.43 | — | Keybanc | Thomas Blakey | — | Downgrade | Overweight → Sector Weight | Get Alert |
10/27/2021 | CVLT | Buy Now | CommVault Systems | $101.43 | — | William Blair | Jason Ader | — | Downgrade | Outperform → Market Perform | Get Alert |
10/27/2021 | CVLT | Buy Now | CommVault Systems | $101.43 | -16.2% | Needham | Jack Andrews | — | Maintains | Buy | Get Alert |
10/27/2021 | CVLT | Buy Now | CommVault Systems | $101.43 | -21.13% | Keybanc | Steve Enders | — | Maintains | Overweight | Get Alert |
07/23/2021 | CVLT | Buy Now | CommVault Systems | $101.43 | -6.34% | Needham | Jack Andrews | — | Maintains | Buy | Get Alert |
The latest price target for CommVault Systems (NASDAQ: CVLT) was reported by Keybanc on January 31, 2024. The analyst firm set a price target for $109.00 expecting CVLT to rise to within 12 months (a possible 7.46% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for CommVault Systems (NASDAQ: CVLT) was provided by Keybanc, and CommVault Systems upgraded their overweight rating.
The last upgrade for CommVault Systems Inc happened on January 31, 2024 when Keybanc raised their price target to $109. Keybanc previously had a sector weight for CommVault Systems Inc.
The last downgrade for CommVault Systems Inc happened on July 13, 2022 when Piper Sandler changed their price target from $78 to $69 for CommVault Systems Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CommVault Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CommVault Systems was filed on January 31, 2024 so you should expect the next rating to be made available sometime around January 31, 2025.
While ratings are subjective and will change, the latest CommVault Systems (CVLT) rating was a upgraded with a price target of $0.00 to $109.00. The current price CommVault Systems (CVLT) is trading at is $101.43, which is within the analyst’s predicted range.
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