Commvault Systems (CVLT) Stock Forecast, Price Target & Predictions
CVLT Stock Forecast
Commvault Systems stock forecast is as follows: an average price target of $116.60 (represents a -21.11% downside from CVLT’s last price of $147.81) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
CVLT Price Target
The average price target for Commvault Systems (CVLT) is $116.60 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $135.00 to $98.00. This represents a potential -21.11% downside from CVLT's last price of $147.81.
CVLT Analyst Ratings
According to 5 Wall Street analysts, Commvault Systems's rating consensus is 'Hold'. The analyst rating breakdown for CVLT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 4 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Commvault Systems Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 22, 2024 | Dan Bergstrom | RBC Capital | $121.00 | $125.88 | -3.88% | -18.14% |
| Jun 17, 2024 | James Fish | Piper Sandler | $107.00 | $117.18 | -8.68% | -27.61% |
| Jun 14, 2024 | Rudy Kessinger | D.A. Davidson | $135.00 | $116.65 | 15.73% | -8.67% |
| May 17, 2024 | Thomas Blakey | KeyBanc | $122.00 | $111.11 | 9.80% | -17.46% |
| May 01, 2024 | Eric Martinuzzi | Lake Street | $98.00 | $102.47 | -4.36% | -33.70% |
| May 01, 2024 | Rudy Kessinger | D.A. Davidson | $125.00 | $102.47 | 21.99% | -15.43% |
| Jan 30, 2024 | Thomas Blakey | KeyBanc | $109.00 | $88.07 | 23.77% | -26.26% |
| Jan 11, 2023 | Dan Bergstrom | RBC Capital | $63.00 | $55.77 | 12.97% | -57.38% |
The latest Commvault Systems stock forecast, released on Jul 22, 2024 by Dan Bergstrom from RBC Capital, set a price target of $121.00, which represents a -3.88% decrease from the stock price at the time of the forecast ($125.88), and a -18.14% decrease from CVLT last price ($147.81).
Commvault Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 7 |
| Avg Price Target | - | $114.00 | $116.71 |
| Last Closing Price | $147.81 | $147.81 | $147.81 |
| Upside/Downside | -100.00% | -22.87% | -21.04% |
In the current month, the average price target of Commvault Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Commvault Systems's last price of $147.81. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 06, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Jul 31, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Jul 31, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jul 22, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 15, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 02, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Jul 02, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 17, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jun 12, 2024 | KeyBanc | Overweight | Overweight | Hold |
Commvault Systems's last stock rating was published by RBC Capital on Sep 06, 2024. The company gave CVLT a "Sector Perform" rating, the same as its previous rate.
Commvault Systems Financial Forecast
Commvault Systems Revenue Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $216.81M | $201.00M | $198.15M | $203.48M | $195.07M | $188.06M | - | $205.95M | $202.38M | $177.84M | $183.42M | $191.34M | $187.99M | $171.14M | $173.00M | $164.75M | $176.35M |
| Avg Forecast | $292.45M | $283.95M | $267.40M | $266.30M | $265.85M | $257.30M | $244.19M | $243.74M | $242.76M | $232.91M | $220.68M | $215.54M | $212.49M | $208.01M | $195.21M | $197.19M | $196.94M | $197.41M | $186.53M | $195.28M | $201.82M | $195.04M | $184.82M | $181.54M | $182.30M | $175.64M | $164.71M | $152.85M | $173.03M | $172.69M |
| High Forecast | $293.93M | $285.39M | $268.76M | $267.65M | $267.20M | $258.60M | $245.43M | $244.97M | $243.99M | $234.09M | $221.58M | $216.63M | $213.57M | $209.10M | $196.57M | $198.19M | $197.94M | $198.41M | $187.48M | $195.28M | $203.78M | $196.94M | $186.62M | $183.30M | $184.07M | $177.34M | $166.32M | $154.33M | $174.71M | $174.37M |
| Low Forecast | $291.55M | $283.08M | $266.58M | $265.48M | $265.03M | $256.50M | $243.44M | $242.99M | $242.01M | $232.19M | $219.78M | $214.87M | $211.84M | $207.21M | $193.35M | $196.58M | $196.34M | $196.80M | $185.95M | $195.28M | $196.39M | $189.79M | $179.85M | $176.65M | $177.40M | $170.91M | $160.28M | $148.73M | $168.38M | $168.05M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 10 | 10 | 10 | 10 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.03% | 1.00% | 1.03% | 0.99% | 1.01% | - | 1.02% | 1.04% | 0.96% | 1.01% | 1.05% | 1.07% | 1.04% | 1.13% | 0.95% | 1.02% |
Commvault Systems's average Quarter revenue forecast for Mar 24 based on 1 analysts is $212.49M, with a low forecast of $211.84M, and a high forecast of $213.57M. CVLT's average Quarter revenue forecast represents a -1.99% decrease compared to the company's last Quarter revenue of $216.81M (Dec 23).
Commvault Systems EBITDA Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 10 | 10 | 10 | 10 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $23.72M | $20.16M | $21.01M | $21.77M | $17.53M | $12.64M | - | $19.33M | $15.81M | $5.22M | $18.22M | $13.11M | $5.47M | $-36.34M | $12.40M | $3.95M | $5.87M |
| Avg Forecast | $28.48M | $27.65M | $26.04M | $25.93M | $25.89M | $25.05M | $23.78M | $23.73M | $23.64M | $22.68M | $21.49M | $20.99M | $17.54M | $20.25M | $19.01M | $19.20M | $15.94M | $19.22M | $8.76M | $19.01M | $12.60M | $15.33M | $7.97M | $20.04M | $10.10M | $4.31M | $-25.96M | $14.73M | $4.79M | $5.01M |
| High Forecast | $28.62M | $27.79M | $26.17M | $26.06M | $26.02M | $25.18M | $23.90M | $23.85M | $23.76M | $22.79M | $21.57M | $21.09M | $21.04M | $20.36M | $19.14M | $19.30M | $19.13M | $19.32M | $10.52M | $19.01M | $15.12M | $18.39M | $9.56M | $24.05M | $12.12M | $5.17M | $-20.76M | $17.68M | $5.74M | $6.01M |
| Low Forecast | $28.39M | $27.56M | $25.96M | $25.85M | $25.81M | $24.98M | $23.70M | $23.66M | $23.56M | $22.61M | $21.40M | $20.92M | $14.03M | $20.18M | $18.83M | $19.14M | $12.75M | $19.16M | $7.01M | $19.01M | $10.08M | $12.26M | $6.37M | $16.03M | $8.08M | $3.45M | $-31.15M | $11.78M | $3.83M | $4.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.06% | 1.09% | 1.37% | 0.91% | 1.44% | - | 1.53% | 1.03% | 0.66% | 0.91% | 1.30% | 1.27% | 1.40% | 0.84% | 0.83% | 1.17% |
1 analysts predict CVLT's average Quarter EBITDA for Mar 24 to be $17.54M, with a high of $21.04M and a low of $14.03M. This is -26.08% lower than Commvault Systems's previous annual EBITDA (Dec 23) of $23.72M.
Commvault Systems Net Income Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 10 | 10 | 10 | 10 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.14M | $13.02M | $12.63M | $-43.49M | $-310.00K | $4.52M | - | $7.99M | $10.01M | $1.73M | $13.90M | $6.26M | $1.67M | $-41.17M | $2.28M | $8.94M | $-650.00K |
| Avg Forecast | $56.46M | $54.21M | $47.24M | $47.24M | $46.70M | $44.53M | $39.02M | $41.14M | $39.63M | $37.97M | $34.00M | $33.03M | $9.20M | $32.90M | $28.92M | $28.92M | $8.37M | $29.20M | $2.91M | $28.43M | $6.62M | $9.70M | $2.64M | $15.29M | $4.83M | $1.32M | $-29.41M | $2.71M | $10.82M | $-554.88K |
| High Forecast | $56.83M | $54.57M | $47.55M | $47.55M | $47.01M | $44.82M | $39.27M | $41.42M | $39.89M | $38.22M | $35.38M | $33.25M | $11.05M | $33.80M | $29.82M | $29.11M | $10.04M | $29.39M | $3.49M | $28.43M | $7.94M | $11.64M | $3.17M | $18.34M | $5.79M | $1.58M | $-23.53M | $3.25M | $12.98M | $-443.90K |
| Low Forecast | $56.23M | $53.99M | $47.05M | $47.05M | $46.52M | $44.35M | $38.86M | $40.98M | $39.47M | $37.82M | $33.08M | $32.90M | $7.36M | $31.99M | $27.11M | $28.80M | $6.69M | $29.08M | $2.32M | $28.43M | $5.29M | $7.76M | $2.11M | $12.23M | $3.86M | $1.05M | $-35.29M | $2.17M | $8.65M | $-665.85K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.52% | 0.45% | 0.44% | -5.20% | -0.01% | 1.55% | - | 1.21% | 1.03% | 0.66% | 0.91% | 1.30% | 1.27% | 1.40% | 0.84% | 0.83% | 1.17% |
Commvault Systems's average Quarter net income forecast for Mar 24 is $9.20M, with a range of $7.36M to $11.05M. CVLT's average Quarter net income forecast represents a -46.30% decrease compared to the company's last Quarter net income of $17.14M (Dec 23).
Commvault Systems SG&A Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 10 | 10 | 10 | 10 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $120.80M | $112.71M | $111.09M | $114.95M | $111.33M | $106.85M | - | $115.27M | $118.35M | $108.29M | $102.79M | $109.87M | $107.24M | $103.82M | $103.23M | $103.88M | $108.43M |
| Avg Forecast | $171.09M | $166.12M | $156.44M | $155.79M | $155.53M | $150.53M | $142.86M | $142.59M | $142.02M | $136.26M | $129.10M | $126.09M | $132.83M | $121.69M | $114.20M | $115.36M | $120.75M | $115.49M | $181.78M | $114.25M | $95.46M | $114.71M | $165.25M | $113.07M | $84.69M | $84.43M | $74.15M | $122.59M | $125.75M | $92.56M |
| High Forecast | $171.96M | $166.96M | $157.23M | $156.58M | $156.32M | $151.29M | $143.58M | $143.32M | $142.74M | $136.95M | $129.63M | $126.73M | $159.39M | $122.33M | $115.00M | $115.94M | $144.90M | $116.08M | $218.14M | $114.25M | $114.55M | $137.65M | $198.30M | $135.68M | $101.63M | $101.31M | $88.99M | $147.11M | $150.90M | $111.07M |
| Low Forecast | $170.56M | $165.61M | $155.95M | $155.31M | $155.05M | $150.06M | $142.42M | $142.15M | $141.59M | $135.84M | $128.58M | $125.71M | $106.26M | $121.22M | $113.12M | $115.00M | $96.60M | $115.14M | $145.42M | $114.25M | $76.37M | $91.77M | $132.20M | $90.46M | $67.75M | $67.54M | $59.32M | $98.07M | $100.60M | $74.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.99% | 0.96% | 0.95% | 0.96% | 0.59% | - | 1.21% | 1.03% | 0.66% | 0.91% | 1.30% | 1.27% | 1.40% | 0.84% | 0.83% | 1.17% |
Commvault Systems's average Quarter SG&A projection for Mar 24 is $132.83M, based on 1 Wall Street analysts, with a range of $106.26M to $159.39M. The forecast indicates a 9.96% rise compared to CVLT last annual SG&A of $120.80M (Dec 23).
Commvault Systems EPS Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 7 | 10 | 10 | 10 | 10 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.39 | $0.30 | $0.29 | $-0.98 | $-0.01 | $0.10 | - | $0.18 | $0.22 | $0.04 | $0.30 | $0.13 | $0.04 | $-0.89 | $0.05 | $0.19 | $-0.01 |
| Avg Forecast | $1.25 | $1.21 | $1.05 | $1.05 | $1.04 | $0.99 | $0.87 | $0.91 | $0.88 | $0.84 | $0.76 | $0.73 | $0.73 | $0.73 | $0.64 | $0.64 | $0.62 | $0.65 | $0.50 | $0.63 | $0.64 | $0.65 | $0.57 | $0.52 | $0.48 | $0.47 | $0.34 | $0.16 | $0.38 | $0.40 |
| High Forecast | $1.26 | $1.21 | $1.06 | $1.06 | $1.05 | $1.00 | $0.87 | $0.92 | $0.89 | $0.85 | $0.79 | $0.74 | $0.73 | $0.75 | $0.66 | $0.65 | $0.63 | $0.65 | $0.50 | $0.63 | $0.64 | $0.66 | $0.58 | $0.53 | $0.48 | $0.48 | $0.35 | $0.16 | $0.38 | $0.41 |
| Low Forecast | $1.25 | $1.20 | $1.05 | $1.05 | $1.03 | $0.99 | $0.86 | $0.91 | $0.88 | $0.84 | $0.74 | $0.73 | $0.73 | $0.71 | $0.60 | $0.64 | $0.62 | $0.65 | $0.50 | $0.63 | $0.61 | $0.62 | $0.55 | $0.50 | $0.46 | $0.46 | $0.33 | $0.16 | $0.36 | $0.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.53% | 0.47% | 0.45% | -1.58% | -0.01% | 0.20% | - | 0.28% | 0.34% | 0.07% | 0.58% | 0.27% | 0.08% | -2.60% | 0.31% | 0.50% | -0.02% |
According to 1 Wall Street analysts, Commvault Systems's projected average Quarter EPS for Mar 24 is $0.73, with a low estimate of $0.73 and a high estimate of $0.73. This represents a 87.18% increase compared to CVLT previous annual EPS of $0.39 (Dec 23).
Commvault Systems Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $2.52 | $13.75 | 445.63% | Buy |
| PRO | PROS | $17.84 | $41.00 | 129.82% | Buy |
| PDFS | PDF Solutions | $29.35 | $43.50 | 48.21% | - |
| ENV | Envestnet | $62.62 | $68.52 | 9.42% | Hold |
| AGYS | Agilysys | $102.17 | $108.33 | 6.03% | Buy |
| ETWO | E2open Parent | $4.40 | $4.40 | - | Hold |
| AZPN | Aspen | $225.21 | $220.00 | -2.31% | Buy |
| CWAN | Clearwater Analytics | $24.01 | $22.50 | -6.29% | Buy |
| MANH | Manhattan Associates | $263.74 | $229.33 | -13.05% | Buy |
| MLNK | MeridianLink | $23.86 | $20.00 | -16.18% | Buy |
| CVLT | Commvault Systems | $147.81 | $116.60 | -21.11% | Hold |
| BLKB | Blackbaud | $84.77 | $48.00 | -43.38% | Buy |
CVLT Forecast FAQ
Is Commvault Systems a good buy?
No, according to 5 Wall Street analysts, Commvault Systems (CVLT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of CVLT's total ratings.
What is CVLT's price target?
Commvault Systems (CVLT) average price target is $116.6 with a range of $98 to $135, implying a -21.11% from its last price of $147.81. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Commvault Systems stock go up soon?
According to Wall Street analysts' prediction for CVLT stock, the company can go down by -21.11% (from the last price of $147.81 to the average price target of $116.6), down by -8.67% based on the highest stock price target, and down by -33.70% based on the lowest stock price target.
Can Commvault Systems stock reach $200?
CVLT's average twelve months analyst stock price target of $116.6 does not support the claim that Commvault Systems can reach $200 in the near future.
What are Commvault Systems's analysts' financial forecasts?
Commvault Systems's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $1.01B (high $1.02B, low $1.01B), average EBITDA is $98.45M (high $98.95M, low $98.14M), average net income is $171.39M (high $172.52M, low $170.7M), average SG&A $591.51M (high $594.51M, low $589.68M), and average EPS is $3.81 (high $3.83, low $3.79). CVLT's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $1.11B (high $1.12B, low $1.11B), average EBITDA is $108.09M (high $108.64M, low $107.75M), average net income is $205.14M (high $206.49M, low $204.31M), average SG&A $649.44M (high $652.73M, low $647.44M), and average EPS is $4.56 (high $4.59, low $4.54).
Did the CVLT's actual financial results beat the analysts' financial forecasts?
Based on Commvault Systems's last annual report (Mar 2023), the company's revenue was $784.59M, beating the average analysts forecast of $776.17M by 1.09%. Apple's EBITDA was $64.37M, beating the average prediction of $62.94M by 2.26%. The company's net income was $-35.774M, missing the average estimation of $68.9M by -151.92%. Apple's SG&A was $445.02M, missing the average forecast of $532.27M by -16.39%. Lastly, the company's EPS was $-0.8, missing the average prediction of $2.4 by -133.29%. In terms of the last quarterly report (Dec 2023), Commvault Systems's revenue was $216.81M, beating the average analysts' forecast of $208.01M by 4.23%. The company's EBITDA was $23.72M, beating the average prediction of $20.25M by 17.13%. Commvault Systems's net income was $17.14M, missing the average estimation of $32.9M by -47.90%. The company's SG&A was $120.8M, missing the average forecast of $121.69M by -0.73%. Lastly, the company's EPS was $0.39, missing the average prediction of $0.731 by -46.67%