Commvault Systems (CVLT) Stock Forecast & Price Target

$97.09
+0.26 (+0.27%)
(As of 04/25/2024 ET)

Commvault Systems Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 4 Analyst Ratings

Analysts' Consensus Price Target

$85.60
-11.83% Downside
High Forecast$109.00
Average Forecast$85.60
Low Forecast$65.00
TypeCurrent Forecast
4/26/23 to 4/25/24
1 Month Ago
3/27/23 to 3/26/24
3 Months Ago
1/26/23 to 1/26/24
1 Year Ago
4/26/22 to 4/26/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$85.60$85.60$77.60$70.20
Predicted Upside-11.83% Downside9.08% Upside14.41% Upside16.21% Upside
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CVLT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CVLT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Commvault Systems Stock vs. The Competition

TypeCommvault SystemsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-11.83% Downside110.34% Upside10.52% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/31/2024Royal Bank of Canada
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 Boost TargetSector Perform ➝ Sector Perform$86.00 ➝ $97.00+4.62%
1/31/2024KeyCorp
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 UpgradeSector Weight ➝ Overweight$109.00+23.77%
8/16/2023DA Davidson
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 Initiated CoverageBuy$85.00+23.30%
8/2/2023Lake Street Capital
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 Boost TargetHold ➝ Hold$62.00 ➝ $72.00+0.04%
5/3/202351job
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 Reiterated RatingMaintains
5/3/2023Piper Sandler
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 Boost Target$60.00 ➝ $65.00+3.37%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:27 PM ET.

CVLT Price Target - Frequently Asked Questions

What is Commvault Systems's consensus rating and price target?

According to the issued ratings of 4 analysts in the last year, the consensus rating for Commvault Systems stock is Moderate Buy based on the current 2 hold ratings and 2 buy ratings for CVLT. The average twelve-month price prediction for Commvault Systems is $85.60 with a high price target of $109.00 and a low price target of $65.00. Learn more on CVLT's analyst rating history.

Do Wall Street analysts like Commvault Systems more than its competitors?

Analysts like Commvault Systems less than other Computer and Technology companies. The consensus rating score for Commvault Systems is 2.50 while the average consensus rating score for computer and technology companies is 2.59. Learn more on how CVLT compares to other companies.

Is Commvault Systems being upgraded by Wall Street analysts?

Over the previous 90 days, Commvault Systems's stock had 1 upgrade by analysts.

Does Commvault Systems's stock price have much upside?

According to analysts, Commvault Systems's stock has a predicted upside of 9.08% based on their 12-month stock forecasts.

What analysts cover Commvault Systems?

Commvault Systems has been rated by KeyCorp, and Royal Bank of Canada in the past 90 days.


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This page (NASDAQ:CVLT) was last updated on 4/25/2024 by MarketBeat.com Staff

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