Commvault Systems announced the departure of its CFO Jen DiRico at the end of the month, with an interim Office of the CFO to be led by Danielle Abrahamson and Kevin White while searching for a permanent replacement. The stock experienced a mild sell-off in response to the leadership transition.

CommVault Systems (NASDAQ:CVLT) underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 3 2 0 0 Last 30D 0 1 0 0 0 1M Ago 2 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 1 1 2 0 0 In the assessment of 12-month price targets, analysts unveil insights for CommVault Systems, presenting an average target of $124.25, a high estimate of $140.00, and a low estimate of $98.00. This upward trend is evident, with the current average reflecting a 10.33% increase from the previous average price target of $112.62. Understanding Analyst Ratings: A Comprehensive Breakdown A comprehensive examination of how financial experts perceive CommVault Systems is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Thomas Blakey Keybanc Raises Overweight $140.00 $122.00 Howard Ma Guggenheim Maintains Buy $122.00 $122.00 Rudy Kessinger DA Davidson Raises Buy $135.00 $125.00 Aaron Rakers Wells Fargo Raises Overweight $140.00 $125.00 Eric Martinuzzi Lake Street Raises Hold $98.00 $86.00 Rudy Kessinger DA Davidson Raises Buy $125.00 $115.00 Dan Bergstrom RBC Capital Raises Sector Perform $112.00 $97.00 Thomas Blakey Keybanc Raises Overweight $122.00 $109.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects ...Full story available on Benzinga.com

Commvault Systems (CVLT) concluded the recent trading session at $120.02, signifying a +1.17% move from its prior day's close.

In the latest trading session, Commvault Systems (CVLT) closed at $119.67, marking a +1.35% move from the previous day.

Here is how Commvault Systems (CVLT) and American Superconductor (AMSC) have performed compared to their sector so far this year.

Commvault Systems (CVLT) closed at $116.54 in the latest trading session, marking a +1.82% move from the prior day.

Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on CommVault Systems (NASDAQ:CVLT) in the last three months. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 1 0 0 0 2M Ago 1 1 2 0 0 3M Ago 0 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $122.0, a high estimate of $140.00, and a low estimate of $98.00. This upward trend is apparent, with the current average reflecting a 11.42% increase from the previous average price target of $109.50. Exploring Analyst Ratings: An In-Depth Overview In examining recent analyst actions, we gain insights into how financial experts perceive CommVault Systems. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Rudy Kessinger DA Davidson Raises Buy $135.00 $125.00 Aaron Rakers Wells Fargo Raises Overweight $140.00 $125.00 Eric Martinuzzi Lake Street Raises Hold $98.00 $86.00 Rudy Kessinger DA Davidson Raises Buy $125.00 $115.00 Dan Bergstrom RBC Capital Raises Sector Perform $112.00 $97.00 Thomas Blakey Keybanc Raises Overweight $122.00 $109.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to ...Full story available on Benzinga.com

Commvault Systems (CVLT) closed at $114.46 in the latest trading session, marking a -1.67% move from the prior day.

Based on the average brokerage recommendation (ABR), Commvault (CVLT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Commvault (CVLT) could produce exceptional returns because of its solid growth attributes.

Here is how Commvault Systems (CVLT) and Alphabet (GOOGL) have performed compared to their sector so far this year.

This data protection provider is displaying relative strength and its earnings estimates are on the rise.