Commvault continues to deliver revenue growth, strong operating leverage, and robust free cash flow, supporting my ongoing Buy rating. The company benefits from resilient demand for cyber-threat defense, high net dollar retention (127%), and successful cross-sell/upsell initiatives. Management prioritizes shareholder returns, allocating 75% of free cash flow to share repurchases, despite elevated stock-based compensation.
In the closing of the recent trading day, Commvault Systems (CVLT) stood at $187.38, denoting a +1.49% move from the preceding trading day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Commvault (CVLT) could produce exceptional returns because of its solid growth attributes.
Commvault Systems (CVLT) concluded the recent trading session at $190.99, signifying a +1.28% move from its prior day's close.
Commvault (CVLT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Here is how Commvault Systems (CVLT) and Credo Technology Group Holding Ltd. (CRDO) have performed compared to their sector so far this year.
In the closing of the recent trading day, Commvault Systems (CVLT) stood at $182.01, denoting a -0.67% change from the preceding trading day.
Commvault Systems (CVLT) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CVLT crossed above the 20-day moving average, suggesting a short-term bullish trend.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Commvault (CVLT) possesses solid growth attributes, which could help it handily outperform the market.
Does Commvault Systems (CVLT) have what it takes to be a top stock pick for momentum investors? Let's find out.