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CommVault Systems Inc has a consensus price target of $127.22 based on the ratings of 10 analysts. The high is $175 issued by DA Davidson on September 6, 2024. The low is $80 issued by Keybanc on October 27, 2021. The 3 most-recent analyst ratings were released by DA Davidson, Keybanc, and RBC Capital on September 6, 2024, July 31, 2024, and July 31, 2024, respectively. With an average price target of $165.67 between DA Davidson, Keybanc, and RBC Capital, there's an implied 8.89% upside for CommVault Systems Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CommVault Systems (NASDAQ:CVLT) was reported by DA Davidson on September 6, 2024. The analyst firm set a price target for $175.00 expecting CVLT to rise to within 12 months (a possible 15.03% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for CommVault Systems (NASDAQ:CVLT) was provided by DA Davidson, and CommVault Systems maintained their buy 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 September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.
While ratings are subjective and will change, the latest CommVault Systems (CVLT) rating was a maintained with a price target of $170.00 to $175.00. The current price CommVault Systems (CVLT) is trading at is $152.14, which is out of the analyst’s predicted range.
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