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Stock impact report

Is Commvault Stock A Buy At $90? [Forbes]

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: Forbes
SOPA Images/LightRocket via Getty Images Commvault Systems (CVLT) shares have decreased by 31% in the past day and are currently priced at $89.13. The sharp drop came after the company's most recent earnings release. While Commvault reported strong revenue and earnings beats, its forward guidance and growth expectations disappointed investors, who had been pricing in acceleration rather than just in-line forecasts. Concerns about slower near-term growth in subscription revenue and a high valuation multiple also weighed on sentiment, prompting analysts to lower price targets and triggering steep selling pressure. We believe there is little to worry about with CVLT stock , considering its overall Strong operational performance and financial health. This aligns with the stock's High valuation , which makes us conclude that it is Fairly Priced Below is our evaluation: evaluation Trefis You can't foresee the movements of individual stocks, but you can get ready. Discover how H Show less Read more
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