Cvlt stock price forecast the cvlt stock price forecast benefits

The cvlt stock price forecast benefits from rising enterprise backup demand, driving institutional accumulation. Volume spikes on up days suggest buying interest from long-term funds targeting $97 resistance. Commvault Systems achieved the highest full-year guidance raise of the whole group. The stock is up 11.6% since the results and currently trades at $111. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Commvault. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> The cvlt stock price forecast shows consolidation around $87–$89 after recent earnings beat consensus by 4.2%. Technical traders note strong support at $85, while analysts project a potential breakout toward $95 if the cloud storage sector sustains momentum.