Commvault Systems Inc (CVLT) Stock AnalysisCVLTCommvault Systems Inc

Commvault Systems, Inc. is a provider of cyber resilience and data protection solutions. The Company helps the enterprise protect, secure, and recover its data, applications, and identity systems against cyber threats and attacks. It delivers its solutions through Commvault Cloud, a cloud-native platform that unifies data security, cyber recovery, and identity resilience across on-premises, hybrid, multi-cloud, and software as a service (SaaS) environment. It provides a set of capabilities intended to help customers prepare for, withstand, and recover from cyber incidents such as ransomware, data corruption, infrastructure failures, and cyberattacks. Its Commvault Cloud offerings are organized into three packages, such as Operational Recovery, Autonomous Recovery and Cyber Recovery. Operational Recovery provides core backup and recovery capabilities across hybrid enterprise workloads. Its offerings include Commvault Cleanroom Recovery, Commvault HyperScale Grid, and others. It operates in the Technology sector (SERVICES-PREPACKAGED SOFTWARE industry).

Commvault Systems Inc is a good buy right now due to its current price of $157.25, which is below multiple analyst price targets, including $160 from Scotiabank and $175 from DA Davidson. The stock has shown strong momentum with a 20-day change of +20.90% and a recent RSI of 70.057 indicating bullish momentum. However, a risk to consider is the company’s average billing growth of only 12.2% over the past year, which could impact future profitability.

12 analysts cover CVLT: 10 rate it Buy, 2 Hold and 0 Sell. The average price target is 140.33.