Commvault Systems, Inc. (CVLT) Has Healthy Upside According To Analysts

Commvault Systems, Inc. (NASDAQ:CVLT) is one of the 10 best beaten down software stocks with the highest upside potential. According to CNN’s analyst ratings compilation, Commvault Systems, Inc. (NASDAQ:CVLT) has a median price target of $143, based on 15 analysts covering the stock. This median price target reflects an additional upside of 64.59% from the current levels. The stock still offers 14% upside from the lowest Wall Street price target of $100.

Taking a more conservative view than most analysts, RBC Capital lowered its price target on Commvault Systems, Inc. (NASDAQ:CVLT) from $167 to $100 on January 27. However, the firm maintained its Sector Perform rating on the stock. The price target adjustment came after the company reported its third-quarter results. According to the analyst, the quarter delivered mixed results, but the share price’s fall of more than 30% appeared excessive.

The firm highlighted in a research note that investors were mostly worried about the outlook, net new annual recurring revenue, the net retention rate, and possible broader implications. RBC Capital said that, similar to the last quarter, these issues were complex and detailed but not major problems. The firm believes that the investors would expect to see steady performance before confidence in the company recovers.

Commvault Systems, Inc. (NASDAQ:CVLT) offers a cyber resilience platform. The company’s platform recovers and protects data and cloud-native applications. It provides Operational Recovery, autonomous recovery, Cyber Recovery, and Commvault Cloud’s Cleanroom Recovery. Commvault was founded in 1996 and is based in Tinton Falls, New Jersey.

While we acknowledge the potential of CVLT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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