Commvault tumbles after Guggenheim cuts rating to Neutral [Seeking Alpha]
Commvault Systems, Inc. (CVLT)
Last commvault systems, inc. earnings: 1/29 07:40 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.commvault.com
Company Research
Source: Seeking Alpha
The firm also withdrew its $160 price target on the shares of Commvault, which provides a platform for cybersecurity. Analysts led by Howard Ma said that Commvault's stock has risen about 113% year-to-date (versus iShares Expanded Tech-Software Sector ETF ( IGV ) +18%). Four of five resellers that the analysts spoke to, including a consultant that has visibility into multiple reseller businesses, missed their third quarter 2024 (fiscal second quarter 2025) Commvault business targets, citing a weak finish to the quarter, due in part to more deal scrutiny and spending hesitation. However, four of the resellers also maintained their full-year targets, steered by healthy pipelines, the analysts added. Based on their checks and the model setup, the analysts' continue to think that Commvault will exceed full-year guidance for both total annual recurring revenue, or ARR (+15%) and total revenue (+10% at the midpoint), but they see risk to the fiscal second quarter total revenue and po
Show less
Read more
Impact Snapshot
Event Time:
CVLT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVLT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVLT alerts
High impacting Commvault Systems, Inc. news events
Weekly update
A roundup of the hottest topics
CVLT
News
- Reimagine Resilience with Commvault and Clumio, a Commvault Company, at AWS re:Invent [Yahoo! Finance]Yahoo! Finance
- Reimagine Resilience with Commvault and Clumio, a Commvault Company, at AWS re:InventPR Newswire
- Progress Software Gains 17% in 3 Months: Is the Stock Worth Buying? [Yahoo! Finance]Yahoo! Finance
- Box Debuts AI-Driven Content Management Solutions At BoxWorks 2024 [Forbes]Forbes
- Commvault's Growth To Outpace Legacy Competitors Like Dell And IBM, Analyst Says [Yahoo! Finance]Yahoo! Finance
CVLT
Earnings
- 10/29/24 - Beat
CVLT
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- CVLT's page on the SEC website